Scorpio Tankers Price To Sales vs. Number Of Shares Shorted
| STNG Stock | USD 48.31 1.08 2.29% |
Scorpio Tankers Price To Sales Ratio |
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For Scorpio Tankers profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Scorpio Tankers to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Scorpio Tankers utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Scorpio Tankers's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Scorpio Tankers over time as well as its relative position and ranking within its peers.
Scorpio |
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Scorpio Tankers. If investors know Scorpio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Scorpio Tankers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.637 | Dividend Share 1.55 | Earnings Share 13.97 | Revenue Per Share 27.856 | Quarterly Revenue Growth (0.08) |
The market value of Scorpio Tankers is measured differently than its book value, which is the value of Scorpio that is recorded on the company's balance sheet. Investors also form their own opinion of Scorpio Tankers' value that differs from its market value or its book value, called intrinsic value, which is Scorpio Tankers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Scorpio Tankers' market value can be influenced by many factors that don't directly affect Scorpio Tankers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Scorpio Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Scorpio Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scorpio Tankers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Scorpio Tankers Number Of Shares Shorted vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Scorpio Tankers's current stock value. Our valuation model uses many indicators to compare Scorpio Tankers value to that of its competitors to determine the firm's financial worth. Scorpio Tankers is rated fourth in price to sales category among its peers. It also is rated fourth in number of shares shorted category among its peers making about 1,811,037 of Number Of Shares Shorted per Price To Sales. At this time, Scorpio Tankers' Price To Sales Ratio is most likely to slightly decrease in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Scorpio Tankers by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Scorpio Number Of Shares Shorted vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Scorpio Tankers |
| = | 1.77 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Scorpio Tankers |
| = | 3.21 M |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Scorpio Number Of Shares Shorted Comparison
Scorpio Tankers is currently under evaluation in number of shares shorted category among its peers.
Scorpio Tankers Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Scorpio Tankers, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Scorpio Tankers will eventually generate negative long term returns. The profitability progress is the general direction of Scorpio Tankers' change in net profit over the period of time. It can combine multiple indicators of Scorpio Tankers, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 2 B | 1.2 B | |
| Operating Income | 705.1 M | 740.4 M | |
| Income Before Tax | 546.9 M | 574.2 M | |
| Total Other Income Expense Net | -158.3 M | -150.3 M | |
| Net Income Applicable To Common Shares | 732.8 M | 769.5 M | |
| Net Income | 546.9 M | 574.2 M | |
| Income Tax Expense | -19.1 M | -18.2 M | |
| Net Income From Continuing Ops | 690.4 M | 724.9 M | |
| Interest Income | 18.3 M | 12.1 M | |
| Net Interest Income | -167.4 M | -175.8 M | |
| Change To Netincome | 108.6 M | 114 M | |
| Net Income Per Share | 10.44 | 10.97 | |
| Income Quality | 1.58 | 1.66 | |
| Net Income Per E B T | 1.46 | 0.75 |
Scorpio Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Scorpio Tankers. 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 Scorpio Tankers 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 Scorpio Tankers' important profitability drivers and their relationship over time.
Use Scorpio Tankers 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 Scorpio Tankers 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 Scorpio Tankers will appreciate offsetting losses from the drop in the long position's value.Scorpio Tankers Pair Trading
Scorpio Tankers Pair Trading Analysis
The ability to find closely correlated positions to Scorpio Tankers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Scorpio Tankers 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 Scorpio Tankers - 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 Scorpio Tankers to buy it.
The correlation of Scorpio Tankers 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 Scorpio Tankers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Scorpio Tankers 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 Scorpio Tankers 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 Scorpio Tankers position
In addition to having Scorpio Tankers 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 Housewares Thematic Idea Now
Housewares
Companies making housewares accessories and providing houseware services. The Housewares theme has 39 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 Housewares Theme or any other thematic opportunities.
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Check out World Market Map. For more detail on how to invest in Scorpio Stock please use our How to Invest in Scorpio Tankers guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
To fully project Scorpio Tankers' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Scorpio Tankers 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 Scorpio Tankers' income statement, its balance sheet, and the statement of cash flows.