Solaris Oilfield Price To Earning vs. Cash And Equivalents
| SOIDelisted Stock | USD 11.52 0.56 5.11% |
For Solaris Oilfield profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Solaris Oilfield to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Solaris Oilfield Infrastructure utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Solaris Oilfield's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Solaris Oilfield Infrastructure over time as well as its relative position and ranking within its peers.
Solaris |
Solaris Oilfield Inf Cash And Equivalents vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Solaris Oilfield's current stock value. Our valuation model uses many indicators to compare Solaris Oilfield value to that of its competitors to determine the firm's financial worth. Solaris Oilfield Infrastructure is rated below average in price to earning category among its peers. It is rated below average in cash and equivalents category among its peers creating about 449,751 of Cash And Equivalents per Price To Earning. 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 Solaris Oilfield's earnings, one of the primary drivers of an investment's value.Solaris Cash And Equivalents vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Solaris Oilfield |
| = | 34.13 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Solaris Oilfield |
| = | 15.35 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Solaris Cash And Equivalents Comparison
Solaris Oilfield is currently under evaluation in cash and equivalents category among its peers.
Solaris Oilfield Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Solaris Oilfield, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Solaris Oilfield will eventually generate negative long term returns. The profitability progress is the general direction of Solaris Oilfield's change in net profit over the period of time. It can combine multiple indicators of Solaris Oilfield, 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.
Solaris Oilfield Infrastructure, Inc. designs, manufactures, and sells mobile equipment to unload, store, and deliver proppant, water, and chemicals at oil and natural gas well sites in the United States. Solaris Oilfield Infrastructure, Inc. was founded in 2014 and is headquartered in Houston, Texas. Solaris Oilfield operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 179 people.
Solaris Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Solaris Oilfield. 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 Solaris Oilfield 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 Solaris Oilfield's important profitability drivers and their relationship over time.
Use Solaris Oilfield 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 Solaris Oilfield 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 Solaris Oilfield will appreciate offsetting losses from the drop in the long position's value.Solaris Oilfield Pair Trading
Solaris Oilfield Infrastructure Pair Trading Analysis
The ability to find closely correlated positions to Solaris Oilfield could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solaris Oilfield 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 Solaris Oilfield - 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 Solaris Oilfield Infrastructure to buy it.
The correlation of Solaris Oilfield 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 Solaris Oilfield moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solaris Oilfield Inf 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 Solaris Oilfield 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 Solaris Oilfield position
In addition to having Solaris Oilfield 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 Business Services Thematic Idea Now
Business Services
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Services theme has 61 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 Business Services Theme or any other thematic opportunities.
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Other Consideration for investing in Solaris Stock
If you are still planning to invest in Solaris Oilfield Inf check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Solaris Oilfield's history and understand the potential risks before investing.
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