DUKE ROYALTY Price to Earning

DUKE ROYALTY LIMITED fundamentals help investors to digest information that contributes to DUKE ROYALTY's financial success or failures. It also enables traders to predict the movement of DUKE ROYALTY Stock. The fundamental analysis module provides a way to measure DUKE ROYALTY's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to DUKE ROYALTY stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

DUKE ROYALTY Price to Earning Analysis

DUKE ROYALTY'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.
P/E 
 = 
Market Value Per Share 
Earnings Per Share 
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Current DUKE ROYALTY Price to Earning

    
  90.20 X  
Most of DUKE ROYALTY'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, DUKE ROYALTY LIMITED 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.
Compare to competition

Based on the latest financial disclosure, the price to earning indicator of DUKE ROYALTY LIMITED is roughly 90 times. This is 393.44% higher than that of the Financial Services sector and notably higher than that of the Asset Management industry. The price to earning for all United Kingdom stocks is notably lower than that of the firm.

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DUKE ROYALTY Fundamentals

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 DUKE ROYALTY 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, DUKE ROYALTY's short interest history, or implied volatility extrapolated from DUKE ROYALTY options trading.

Pair Trading with DUKE ROYALTY

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 DUKE ROYALTY 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 DUKE ROYALTY will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to NRG 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 NRG 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 NRG 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 NRG Energy to buy it.
The correlation of NRG Energy 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 NRG Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NRG 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 NRG 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.
Pair CorrelationCorrelation Matching
Check out Investing Opportunities. Note that the DUKE ROYALTY LIMITED information on this page should be used as a complementary analysis to other DUKE ROYALTY'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Other Tools for DUKE ROYALTY Stock

When running DUKE ROYALTY LIMITED price analysis, check to measure DUKE ROYALTY'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 DUKE ROYALTY is operating at the current time. Most of DUKE ROYALTY's value examination focuses on studying past and present price action to predict the probability of DUKE ROYALTY's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move DUKE ROYALTY's price. Additionally, you may evaluate how the addition of DUKE ROYALTY to your portfolios can decrease your overall portfolio volatility.
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