TotalEnergies Earnings Estimate
TotalEnergies Earnings per Share Projection vs Actual
About TotalEnergies Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of TotalEnergies earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current TotalEnergies estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as TotalEnergies fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.Total Gabon engages in the mining, exploration, and production of crude oil in Gabon. The company was founded in 1949 and is headquartered in Port-Gentil, Gabon. TOTAL GABON is traded on Paris Stock Exchange in France.
Pair Trading with TotalEnergies
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 TotalEnergies 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 TotalEnergies will appreciate offsetting losses from the drop in the long position's value.Moving together with TotalEnergies Stock
| 0.72 | MAU | Etablissements Maurel | PairCorr |
| 0.69 | BNP | BNP Paribas SA | PairCorr |
| 0.65 | ACA | Credit Agricole SA Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to TotalEnergies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TotalEnergies 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 TotalEnergies - 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 TotalEnergies EP Gabon to buy it.
The correlation of TotalEnergies 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 TotalEnergies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TotalEnergies EP Gabon 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 TotalEnergies 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in TotalEnergies EP Gabon. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for TotalEnergies Stock analysis
When running TotalEnergies' price analysis, check to measure TotalEnergies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TotalEnergies is operating at the current time. Most of TotalEnergies' value examination focuses on studying past and present price action to predict the probability of TotalEnergies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TotalEnergies' price. Additionally, you may evaluate how the addition of TotalEnergies to your portfolios can decrease your overall portfolio volatility.
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