VanEck Oil Financial Statements From 2010 to 2024
| OIH Etf | USD 323.86 2.63 0.82% |
Check VanEck Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VanEck main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . VanEck financial statements analysis is a perfect complement when working with VanEck Oil Valuation or Volatility modules.
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VanEck Oil Services ETF Price To Earning Analysis
VanEck Oil's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current VanEck Oil Price To Earning | 13.28 X |
Most of VanEck Oil's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, VanEck Oil Services is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, VanEck Oil Services has a Price To Earning of 13.28 times. This is 386.45% higher than that of the VanEck family and significantly higher than that of the Equity Energy category. The price to earning for all United States etfs is notably lower than that of the firm.
VanEck Oil Services Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VanEck Oil's current stock value. Our valuation model uses many indicators to compare VanEck Oil value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VanEck Oil competition to find correlations between indicators driving VanEck Oil's intrinsic value. More Info.VanEck Oil Services is rated number one ETF in price to earning as compared to similar ETFs. It is rated number one ETF in price to book as compared to similar ETFs fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for VanEck Oil Services is roughly 12.77 . Comparative valuation analysis is a catch-all model that can be used if you cannot value VanEck Oil by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for VanEck Oil's Etf. 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 VanEck Oil's earnings, one of the primary drivers of an investment's value.About VanEck Oil Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include VanEck Oil income statement, its balance sheet, and the statement of cash flows. VanEck Oil investors use historical funamental indicators, such as VanEck Oil's revenue or net income, to determine how well the company is positioned to perform in the future. Although VanEck Oil investors may use each financial statement separately, they are all related. The changes in VanEck Oil's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on VanEck Oil'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. We offer a historical overview of the basic patterns found on VanEck Oil Financial Statements. Understanding these patterns can help to make the right decision on long term investment in VanEck Oil. Please read more on our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Oil is traded on NYSEARCA Exchange in the United States.
VanEck Oil Implied Volatility | 32.43 |
VanEck Oil's implied volatility exposes the market's sentiment of VanEck Oil Services stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if VanEck Oil's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that VanEck Oil stock will not fluctuate a lot when VanEck Oil's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards VanEck Oil in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, VanEck Oil's short interest history, or implied volatility extrapolated from VanEck Oil options trading.
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The market value of VanEck Oil Services is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Oil's value that differs from its market value or its book value, called intrinsic value, which is VanEck Oil'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 VanEck Oil's market value can be influenced by many factors that don't directly affect VanEck Oil'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 VanEck Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Oil'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.