Oil Equipment Financials
OEPSX Fund | USD 102.24 0.83 0.82% |
With this module, you can analyze Oil financials for your investing period. You should be able to track the changes in Oil Equipment individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Oil |
Understanding current and past Oil Equipment Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Oil Equipment's financial statements are interrelated, with each one affecting the others. For example, an increase in Oil Equipment's assets may result in an increase in income on the income statement.
Evaluating Oil Equipment's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Oil Equipment's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Oil Equipment's relative financial performance
Chance Of Distress
Less than 38
100 | Zero |
Below Average
Oil Equipment Services has less than 38 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Oil Equipment mutual fund is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
More InfoThe data published in Oil Equipment's official financial statements usually reflect Oil Equipment's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Oil Equipment Services. For example, before you start analyzing numbers published by Oil accountants, it's critical to develop an understanding of what Oil Equipment's liquidity, profitability, and earnings quality are in the context of the ProFunds space in which it operates.
Please note that past performance is not an indicator of the future performance of Oil Equipment, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost. .
Oil Equipment Company Summary
Oil Equipment competes with Siit Global, Summit Global, Aqr Global, Ab Global, and Commonwealth Global. The investment seeks daily investment results, before fees and expenses, that correspond to one and one-half times the daily performance of the Dow Jones U.S. Oil Equipment is traded on NASDAQ Exchange in the United States.Instrument | USA Mutual Fund View All |
Exchange | NMFQS Exchange |
Business Address | Profunds |
Mutual Fund Family | ProFunds |
Mutual Fund Category | Equity Energy |
Benchmark | NYSE Composite |
Phone | 888 776 3637 |
Currency | USD - US Dollar |
You should never invest in Oil Equipment without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Oil Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Oil Equipment's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Oil Equipment Key Financial Ratios
Generally speaking, Oil Equipment's financial ratios allow both analysts and investors to convert raw data from Oil Equipment's financial statements into concise, actionable information that can be used to evaluate the performance of Oil Equipment over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Oil Equipment Services reports annually and quarterly.Oil Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Oil Equipment's current stock value. Our valuation model uses many indicators to compare Oil Equipment value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Oil Equipment competition to find correlations between indicators driving Oil Equipment's intrinsic value. More Info.Oil Equipment Services is number one fund in equity positions weight among similar funds. It is number one fund in year to date return among similar funds creating about 0.16 of Year To Date Return per Equity Positions Weight. The ratio of Equity Positions Weight to Year To Date Return for Oil Equipment Services is roughly 6.06 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Oil Equipment by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Oil Equipment's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Oil Equipment's earnings, one of the primary drivers of an investment's value.Oil Equipment Services Systematic Risk
Oil Equipment's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Oil Equipment volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Oil Equipment Services correlated with the market. If Beta is less than 0 Oil Equipment generally moves in the opposite direction as compared to the market. If Oil Equipment Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Oil Equipment Services is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Oil Equipment is generally in the same direction as the market. If Beta > 1 Oil Equipment moves generally in the same direction as, but more than the movement of the benchmark.
About Oil Equipment Financials
What exactly are Oil Equipment Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Oil Equipment's income statement, its balance sheet, and the statement of cash flows. Potential Oil Equipment investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Oil Equipment investors may use each financial statement separately, they are all related. The changes in Oil Equipment's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Oil Equipment's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Oil Equipment Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Oil Equipment is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Oil has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Oil Equipment's financials are consistent with your investment objective using the following steps:- Review Oil Equipment's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Oil Equipment's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Oil Equipment's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Oil Equipment's stock is overvalued or undervalued.
Oil Equipment Thematic Clasifications
Oil Equipment Services is part of Macroaxis Index investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Macroaxis power theme of selected equities with solid fundamentals. An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system
This theme covers Macroaxis power theme of selected equities with solid fundamentals. An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system. Get More Thematic Ideas
Oil Equipment Services is number one fund in net asset among similar funds. Total Asset Under Management (AUM) of Equity Energy category is currently estimated at about 3.5 Billion. Oil Equipment adds roughly 8.11 Million in net asset claiming only tiny portion of all funds under Equity Energy category.Macroaxis Index | View |
Oil Equipment March 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Oil Equipment help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Oil Equipment Services. We use our internally-developed statistical techniques to arrive at the intrinsic value of Oil Equipment Services based on widely used predictive technical indicators. In general, we focus on analyzing Oil Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Oil Equipment's daily price indicators and compare them against related drivers.
Downside Deviation | 2.38 | |||
Information Ratio | 0.0606 | |||
Maximum Drawdown | 8.3 | |||
Value At Risk | (3.65) | |||
Potential Upside | 3.55 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oil Equipment Services. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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When running Oil Equipment's price analysis, check to measure Oil Equipment's 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 Oil Equipment is operating at the current time. Most of Oil Equipment's value examination focuses on studying past and present price action to predict the probability of Oil Equipment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oil Equipment's price. Additionally, you may evaluate how the addition of Oil Equipment to your portfolios can decrease your overall portfolio volatility.
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