Gran Tierra Energy Stock Filter Stocks by Fundamentals
| GTE Stock | CAD 6.16 0.09 1.48% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Gran Tierra's long-term financial health and intrinsic value.
Gran | Shares Owned by Insiders |
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Gran Fundamentals
| Return On Equity | -0.0407 | ||||
| Return On Asset | 0.0389 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 1.11 B | ||||
| Shares Outstanding | 35.33 M | ||||
| Shares Owned By Insiders | 14.09 % | ||||
| Shares Owned By Institutions | 54.04 % | ||||
| Number Of Shares Shorted | 896.55 K | ||||
| Price To Earning | 3.60 X | ||||
| Price To Book | 0.40 X | ||||
| Price To Sales | 0.35 X | ||||
| Revenue | 621.85 M | ||||
| Gross Profit | 392.8 M | ||||
| EBITDA | 341.96 M | ||||
| Net Income | 3.22 M | ||||
| Cash And Equivalents | 103.38 M | ||||
| Cash Per Share | 0.15 X | ||||
| Total Debt | 24.81 M | ||||
| Debt To Equity | 2.58 % | ||||
| Current Ratio | 1.69 X | ||||
| Book Value Per Share | 11.09 X | ||||
| Cash Flow From Operations | 239.32 M | ||||
| Short Ratio | 32.74 X | ||||
| Earnings Per Share | (0.60) X | ||||
| Price To Earnings To Growth | 0.23 X | ||||
| Target Price | 8.89 | ||||
| Number Of Employees | 431 | ||||
| Beta | 0.78 | ||||
| Market Capitalization | 219.48 M | ||||
| Total Asset | 1.65 B | ||||
| Retained Earnings | (859.81 M) | ||||
| Working Capital | (111.18 M) | ||||
| Net Asset | 1.65 B |
About Gran Tierra Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Gran Tierra Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gran Tierra using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gran Tierra Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Gran Tierra
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 Gran Tierra 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 Gran Tierra will appreciate offsetting losses from the drop in the long position's value.Moving against Gran Stock
The ability to find closely correlated positions to Gran Tierra could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gran Tierra 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 Gran Tierra - 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 Gran Tierra Energy to buy it.
The correlation of Gran Tierra 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 Gran Tierra moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gran Tierra 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 Gran Tierra 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gran Tierra Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.