EQUINOR ASA Beta vs. Price to Sales

STOHF
 Stock
  

USD 34.85  1.48  4.44%   

For EQUINOR ASA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of EQUINOR ASA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well EQUINOR ASA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between EQUINOR ASA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of EQUINOR ASA over time as well as its relative position and ranking within its peers. Additionally, take a look at World Market Map.
  
Is EQUINOR ASA's industry 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 EQUINOR ASA. If investors know EQUINOR 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 EQUINOR ASA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of EQUINOR ASA is measured differently than its book value, which is the value of EQUINOR that is recorded on the company's balance sheet. Investors also form their own opinion of EQUINOR ASA's value that differs from its market value or its book value, called intrinsic value, which is EQUINOR ASA's 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 EQUINOR ASA's market value can be influenced by many factors that don't directly affect EQUINOR ASA's 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 EQUINOR ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine EQUINOR ASA value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EQUINOR ASA's 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.

EQUINOR ASA Price to Sales vs. Beta Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining EQUINOR ASA's current stock value. Our valuation model uses many indicators to compare EQUINOR ASA value to that of its competitors to determine the firm's financial worth.
EQUINOR ASA is rated second in beta category among related companies. It is rated second in price to sales category among related companies fabricating about  1.18  of Price to Sales per Beta. . Comparative valuation analysis is a catch-all model that can be used if you cannot value EQUINOR ASA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for EQUINOR ASA's OTC Stock . 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 EQUINOR ASA's earnings, one of the primary drivers of an investment's value.

EQUINOR Price to Sales vs. Beta

Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it will be expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
EQUINOR ASA 
Beta 
 = 
Covariance 
Variance 
0.71
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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.
EQUINOR ASA 
P/S 
 = 
MV Per Share 
Revenue Per Share 
0.84 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.

Beta Analysis

Let's try to break down what EQUINOR's beta means in this case. As returns on the market increase, EQUINOR ASA returns are expected to increase less than the market. However, during the bear market, the loss on holding EQUINOR ASA will be expected to be smaller as well.

EQUINOR ASA Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in EQUINOR ASA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, EQUINOR ASA will eventually generate negative long term returns. The profitability progress is the general direction of EQUINOR ASA's change in net profit over the period of time. It can combine multiple indicators of EQUINOR ASA, 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.
Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. Equinor ASA was incorporated in 1972 and is headquartered in Stavanger, Norway. EQUINOR ASA operates under Oil Gas Integrated classification in the United States and is traded on OTC Exchange. It employs 21126 people.

EQUINOR Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on EQUINOR ASA. 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 EQUINOR ASA 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 EQUINOR ASA's important profitability drivers and their relationship over time.

Use EQUINOR ASA 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 EQUINOR ASA 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 EQUINOR ASA will appreciate offsetting losses from the drop in the long position's value.

EQUINOR ASA Pair Trading

EQUINOR ASA Pair Trading Analysis

The ability to find closely correlated positions to EQUINOR ASA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EQUINOR ASA 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 EQUINOR ASA - 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 EQUINOR ASA to buy it.
The correlation of EQUINOR ASA is a statistical measure of how it moves in relation to other equities. 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 EQUINOR ASA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EQUINOR ASA 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 EQUINOR ASA 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your EQUINOR ASA position

In addition to having EQUINOR ASA 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.

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USD Crypto Assets
USD Crypto Assets Theme
An experimental p2p digital currency that is accepted by many vendors in US Dollar. The USD Crypto Assets theme has 0 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 USD Crypto Assets Theme or any other thematic opportunities.
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Additionally, take a look at World Market Map. Note that the EQUINOR ASA information on this page should be used as a complementary analysis to other EQUINOR ASA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running EQUINOR ASA price analysis, check to measure EQUINOR ASA'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 EQUINOR ASA is operating at the current time. Most of EQUINOR ASA's value examination focuses on studying past and present price action to predict the probability of EQUINOR ASA's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move EQUINOR ASA's price. Additionally, you may evaluate how the addition of EQUINOR ASA to your portfolios can decrease your overall portfolio volatility.
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To fully project EQUINOR ASA's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of EQUINOR ASA 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 EQUINOR ASA's income statement, its balance sheet, and the statement of cash flows.
Potential EQUINOR ASA investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although EQUINOR ASA investors may work on each financial statement separately, they are all related. The changes in EQUINOR ASA's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on EQUINOR ASA'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.