Bakken Energy Earnings Estimate
Bakken Energy Earnings per Share Projection vs Actual
About Bakken Energy Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Bakken Energy 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 Bakken Energy 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 Bakken Energy 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.| Last Reported | Projected for Next Year | ||
| Retained Earnings | -3.5 M | -3.7 M | |
| Earnings Yield | (0.77) | (0.80) | |
| Price Earnings Ratio | (1.35) | (1.42) | |
| Price Earnings To Growth Ratio | 0.03 | 0.03 |
Pair Trading with Bakken Energy
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 Bakken Energy 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 Bakken Energy will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Bakken Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bakken Energy 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 Bakken Energy - 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 Bakken Energy Corp to buy it.
The correlation of Bakken Energy 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 Bakken Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bakken Energy Corp 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 Bakken Energy 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Bakken Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in discontinued. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Will Oil & Gas Exploration & Production sector continue expanding? Could Bakken diversify its offerings? Factors like these will boost the valuation of Bakken Energy. Projected growth potential of Bakken fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Bakken Energy data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Investors evaluate Bakken Energy Corp using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Bakken Energy's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Bakken Energy's market price to deviate significantly from intrinsic value.
It's important to distinguish between Bakken Energy's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Bakken Energy should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Bakken Energy's market price signifies the transaction level at which participants voluntarily complete trades.