2023 Organic Wax Thickener Market Investment Outlook Grab Sustainable Opportunities - Benzinga
| TOTN Stock | MXN 1,090 50.30 4.41% |
Slightly above 61% of TotalEnergies' investor base is looking to short. The analysis of current outlook of investing in TotalEnergies SE suggests that many traders are alarmed regarding TotalEnergies' prospects. TotalEnergies' investing sentiment can be driven by a variety of factors including economic data, TotalEnergies' earnings reports, geopolitical events, and overall market trends.
TotalEnergies |
2023 Organic Wax Thickener Market Investment Outlook Grab Sustainable Opportunities Benzinga
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TotalEnergies Fundamental Analysis
We analyze TotalEnergies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TotalEnergies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TotalEnergies based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.
Z Score
Z Score Comparative Analysis
TotalEnergies is rated second in z score category among its peers. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
TotalEnergies SE 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 TotalEnergies stock to make a market-neutral strategy. Peer analysis of TotalEnergies could also be used in its relative valuation, which is a method of valuing TotalEnergies by comparing valuation metrics with similar companies.
Peers
TotalEnergies Related Equities
| IYW | IShares Trust | 1.56 | ||||
| EMB | IShares Trust | 0.50 | ||||
| WOOD | IShares Global | 0.38 | ||||
| VHT | Vanguard World | 0.00 | ||||
| IXJ | IShares Trust | 0.00 | ||||
| VOLARA | Controladora Vuela | 0.71 | ||||
| PBRN | Petrleo Brasileiro | 1.75 | ||||
| TOTN | TotalEnergies | 4.41 |
Additional Tools for TotalEnergies Stock Analysis
When running TotalEnergies' price analysis, check to measure TotalEnergies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TotalEnergies is operating at the current time. Most of TotalEnergies' value examination focuses on studying past and present price action to predict the probability of TotalEnergies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TotalEnergies' price. Additionally, you may evaluate how the addition of TotalEnergies to your portfolios can decrease your overall portfolio volatility.