PetroChina Total Debt vs. Beta
| PCCYF Stock | USD 0.74 0.02 2.78% |
For PetroChina profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PetroChina to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PetroChina Co Ltd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PetroChina's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PetroChina Co Ltd over time as well as its relative position and ranking within its peers.
PetroChina |
PetroChina Beta vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PetroChina's current stock value. Our valuation model uses many indicators to compare PetroChina value to that of its competitors to determine the firm's financial worth. PetroChina Co Ltd is regarded third in total debt category among its peers. It is rated below average in beta category among its peers . The ratio of Total Debt to Beta for PetroChina Co Ltd is about 336,585,794,655 . 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 PetroChina's earnings, one of the primary drivers of an investment's value.PetroChina Total Debt vs. Competition
PetroChina Co Ltd is regarded third in total debt category among its peers. Total debt of Oil & Gas Integrated industry is at this time estimated at about 1.4 Trillion. PetroChina totals roughly 287.18 Billion in total debt claiming about 21% of all equities under Oil & Gas Integrated industry.
PetroChina Beta vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
PetroChina |
| = | 287.18 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
PetroChina |
| = | 0.85 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
PetroChina Beta Comparison
PetroChina is currently under evaluation in beta category among its peers.
Beta Analysis
PetroChina returns are very sensitive to returns on the market. As the market goes up or down, PetroChina is expected to follow.
PetroChina Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in PetroChina, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PetroChina will eventually generate negative long term returns. The profitability progress is the general direction of PetroChina's change in net profit over the period of time. It can combine multiple indicators of PetroChina, 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.
PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally. PetroChina Company Limited is a subsidiary of China National Petroleum Corporation. Petrochina operates under Oil Gas Integrated classification in the United States and is traded on OTC Exchange. It employs 417173 people.
PetroChina Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PetroChina. 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 PetroChina 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 PetroChina's important profitability drivers and their relationship over time.
Use PetroChina 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 PetroChina 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 PetroChina will appreciate offsetting losses from the drop in the long position's value.PetroChina Pair Trading
PetroChina Co Ltd Pair Trading Analysis
The ability to find closely correlated positions to PetroChina could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PetroChina 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 PetroChina - 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 PetroChina Co Ltd to buy it.
The correlation of PetroChina 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 PetroChina moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PetroChina 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 PetroChina 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 PetroChina position
In addition to having PetroChina 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 Beer and Liquor Thematic Idea Now
Beer and Liquor
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Beer and Liquor theme has 32 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 Beer and Liquor Theme or any other thematic opportunities.
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Other Information on Investing in PetroChina Pink Sheet
To fully project PetroChina's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of PetroChina 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 PetroChina's income statement, its balance sheet, and the statement of cash flows.