Deep Value Current Valuation vs. Book Value Per Share
| DVD Stock | NOK 15.48 0.04 0.26% |
For Deep Value profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Deep Value to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Deep Value Driller utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Deep Value's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Deep Value Driller over time as well as its relative position and ranking within its peers.
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Deep Value Driller Book Value Per Share vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Deep Value's current stock value. Our valuation model uses many indicators to compare Deep Value value to that of its competitors to determine the firm's financial worth. Deep Value Driller is rated below average in current valuation category among its peers. It is rated below average in book value per share category among its peers . The ratio of Current Valuation to Book Value Per Share for Deep Value Driller is about 1,956,826,525 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Deep Value's earnings, one of the primary drivers of an investment's value.Deep Current Valuation vs. Competition
Deep Value Driller is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Oil & Gas Drilling industry is currently estimated at about 73.42 Billion. Deep Value claims roughly 1.38 Billion in current valuation contributing just under 2% to all equities under Oil & Gas Drilling industry.
Deep Book Value Per Share vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
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| = | 1.38 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
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| = | 0.70 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Deep Book Value Per Share Comparison
Deep Value is rated below average in book value per share category among its peers.
Deep Value Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Deep Value, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Deep Value will eventually generate negative long term returns. The profitability progress is the general direction of Deep Value's change in net profit over the period of time. It can combine multiple indicators of Deep Value, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Deep Value Driller AS focuses on acquiring, investing, and operating drill vessels in Norway. The company was incorporated in 2021 and is based in Oslo, Norway. DEEP VALUE is traded on Oslo Stock Exchange in Norway.
Deep Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Deep Value. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Deep Value position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Deep Value's important profitability drivers and their relationship over time.
Use Deep Value in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Deep Value position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Deep Value will appreciate offsetting losses from the drop in the long position's value.Deep Value Pair Trading
Deep Value Driller Pair Trading Analysis
The ability to find closely correlated positions to Deep Value could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Deep Value when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Deep Value - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Deep Value Driller to buy it.
The correlation of Deep Value is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Deep Value moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Deep Value Driller moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Deep Value can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Deep Value position
In addition to having Deep Value in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Disruptive Technologies Thematic Idea Now
Disruptive Technologies
New or established technology companies and funds across multiple sectors that are involved in development or marketing of products or services that experience disruptive trends and that are at the forefront of discussions on Wall Street. The Disruptive Technologies theme has 64 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Disruptive Technologies Theme or any other thematic opportunities.
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Other Information on Investing in Deep Stock
To fully project Deep Value's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Deep Value Driller at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Deep Value's income statement, its balance sheet, and the statement of cash flows.