Strat Common Stock vs Total Stockholder Equity Analysis
Strat Petroleum financial indicator trend analysis is much more than just breaking down Strat Petroleum prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Strat Petroleum is a good investment. Please check the relationship between Strat Petroleum Common Stock and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Strat Petroleum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Strat Stock please use our How to buy in Strat Stock guide.
Common Stock vs Total Stockholder Equity
Common Stock vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Strat Petroleum Common Stock account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Strat Petroleum's Common Stock and Total Stockholder Equity is 0.88. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Strat Petroleum, assuming nothing else is changed. The correlation between historical values of Strat Petroleum's Common Stock and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Strat Petroleum are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Common Stock i.e., Strat Petroleum's Common Stock and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Common Stock
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Strat Petroleum's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Strat Petroleum current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Strat Petroleum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Strat Stock please use our How to buy in Strat Stock guide.The value of Discontinued Operations is estimated to slide to about 270 K. The value of Selling General Administrative is expected to slide to about 101.6 K
Strat Petroleum fundamental ratios Correlations
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Strat Petroleum Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Strat Petroleum. If investors know Strat will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Strat Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Strat Petroleum is measured differently than its book value, which is the value of Strat that is recorded on the company's balance sheet. Investors also form their own opinion of Strat Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Strat Petroleum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Strat Petroleum's market value can be influenced by many factors that don't directly affect Strat Petroleum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Strat Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Strat Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strat Petroleum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.