Patterson UTI Shares Owned By Insiders vs. Return On Asset
PE1 Stock | EUR 7.65 0.40 4.97% |
For Patterson UTI profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Patterson UTI to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Patterson UTI Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Patterson UTI's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Patterson UTI Energy over time as well as its relative position and ranking within its peers.
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Patterson UTI Energy Return On Asset vs. Shares Owned By Insiders Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Patterson UTI's current stock value. Our valuation model uses many indicators to compare Patterson UTI value to that of its competitors to determine the firm's financial worth. Patterson UTI Energy is considered to be number one stock in shares owned by insiders category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.02 of Return On Asset per Shares Owned By Insiders. The ratio of Shares Owned By Insiders to Return On Asset for Patterson UTI Energy is roughly 50.12 . 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 Patterson UTI's earnings, one of the primary drivers of an investment's value.Patterson Return On Asset vs. Shares Owned By Insiders
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Patterson UTI |
| = | 2.06 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Patterson UTI |
| = | 0.0411 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Patterson Return On Asset Comparison
Patterson UTI is currently under evaluation in return on asset category among its peers.
Patterson UTI Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Patterson UTI, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Patterson UTI will eventually generate negative long term returns. The profitability progress is the general direction of Patterson UTI's change in net profit over the period of time. It can combine multiple indicators of Patterson UTI, 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.
Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and Canada. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas. PATTERS UTI operates under Oil Gas Drilling classification in Germany and is traded on Frankfurt Stock Exchange. It employs 8000 people.
Patterson Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Patterson UTI. 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 Patterson UTI 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 Patterson UTI's important profitability drivers and their relationship over time.
Use Patterson UTI 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 Patterson UTI 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 Patterson UTI will appreciate offsetting losses from the drop in the long position's value.Patterson UTI Pair Trading
Patterson UTI Energy Pair Trading Analysis
The ability to find closely correlated positions to Patterson UTI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Patterson UTI 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 Patterson UTI - 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 Patterson UTI Energy to buy it.
The correlation of Patterson UTI 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 Patterson UTI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Patterson UTI Energy 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 Patterson UTI 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 Patterson UTI position
In addition to having Patterson UTI 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 Broad Debt ETFs Thematic Idea Now
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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Debt ETFs theme has 230 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 Broad Debt ETFs Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Patterson Stock
When determining whether Patterson UTI Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Patterson UTI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Patterson Uti Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Patterson Uti Energy Stock:Check out Your Equity Center. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
To fully project Patterson UTI's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Patterson UTI Energy 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 Patterson UTI's income statement, its balance sheet, and the statement of cash flows.