Global Partners Gross Profit vs. Current Valuation
| GLP-PB Preferred Stock | USD 26.18 0.02 0.08% |
For Global Partners profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Global Partners to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Global Partners LP utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Global Partners's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Global Partners LP over time as well as its relative position and ranking within its peers.
Global |
Global Partners LP Current Valuation vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Global Partners's current stock value. Our valuation model uses many indicators to compare Global Partners value to that of its competitors to determine the firm's financial worth. Global Partners LP is one of the top stocks in gross profit category among its peers. It also is rated as one of the top companies in current valuation category among its peers reporting about 2.07 of Current Valuation per Gross Profit. Comparative valuation analysis is a catch-all model that can be used if you cannot value Global Partners by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Global Partners' Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Global Current Valuation vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Global Partners |
| = | 1.14 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Global Partners |
| = | 2.37 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.
Global Current Valuation vs Competition
Global Partners LP is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Energy industry is currently estimated at about 8.43 Billion. Global Partners totals roughly 2.37 Billion in current valuation claiming about 28% of equities under Energy industry.
Global Partners Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Global Partners, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Global Partners will eventually generate negative long term returns. The profitability progress is the general direction of Global Partners' change in net profit over the period of time. It can combine multiple indicators of Global Partners, 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.
Global Partners LP engages in the purchasing, selling, gathering, blending, storing, and logistics of transporting gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, and propane to wholesalers, retailers, and commercial customers in the New England states, Mid-Atlantic region, and New York. The company was incorporated in 2005 and is based in Waltham, Massachusetts. Global Partners operates under Oil Gas Midstream classification in the United States and is traded on NYQ Exchange. It employs 2430 people.
Global Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Global Partners. 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 Global Partners 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 Global Partners' important profitability drivers and their relationship over time.
Use Global Partners 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 Global Partners 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 Global Partners will appreciate offsetting losses from the drop in the long position's value.Global Partners Pair Trading
Global Partners LP Pair Trading Analysis
The ability to find closely correlated positions to Global Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Partners 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 Global Partners - 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 Global Partners LP to buy it.
The correlation of Global Partners 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 Global Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Partners LP 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 Global Partners 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 Global Partners position
In addition to having Global Partners 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 Toys Thematic Idea Now
Toys
Companies producing and distributing toys and different gaming products for kids. The Toys theme has 45 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 Toys Theme or any other thematic opportunities.
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Other Information on Investing in Global Preferred Stock
To fully project Global Partners' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Global Partners LP 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 Global Partners' income statement, its balance sheet, and the statement of cash flows.