ARGA Investment Management LP Buys 1,792,655 Shares of Patterson-UTI Energy, Inc.
| RYVCX Fund | USD 173.38 0.62 0.36% |
Slightly above 54% of Energy Services' investor base is interested to short. The analysis of overall sentiment of trading Energy Services Fund mutual fund suggests that many investors are impartial at this time. Energy Services' investing sentiment can be driven by a variety of factors including economic data, Energy Services' earnings reports, geopolitical events, and overall market trends.
Energy |
ARGA Investment Management LP increased its stake in Patterson-UTI Energy, Inc. by 1,066.6 percent in the third quarter, Holdings Channel.com reports. The institutional investor owned 1,960,723 shares of the oil and gas companys stock after acquiring an additional 1,792,655 shares during the period. Patterson-UTI Energy comprises 0.5 percent of ARGA Investment Management LPs
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Energy Services Fundamental Analysis
We analyze Energy Services' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Energy Services using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Energy Services based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Last Dividend Paid
Last Dividend Paid Comparative Analysis
Energy Services is currently under evaluation in last dividend paid among similar funds. Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.
Energy Services Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Energy Services mutual fund to make a market-neutral strategy. Peer analysis of Energy Services could also be used in its relative valuation, which is a method of valuing Energy Services by comparing valuation metrics with similar companies.
Peers
Energy Services Related Equities
| RYBHX | Sp Midcap | 0.66 | ||||
| RYBOX | Biotechnology Fund | 0.38 | ||||
| RYBKX | Banking Fund | 0.29 | ||||
| RYAIX | Inverse Nasdaq | 0.14 | ||||
| RYBIX | Basic Materials | 0.03 | ||||
| RYBMX | Basic Materials | 0.03 | ||||
| RYBAX | Basic Materials | 0.03 | ||||
| RYBCX | Basic Materials | 0.04 | ||||
| RYABX | Government Long | 0.1 | ||||
| RYACX | Inverse Nasdaq | 1.33 |
Other Information on Investing in Energy Mutual Fund
Energy Services financial ratios help investors to determine whether Energy Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Energy with respect to the benefits of owning Energy Services security.
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