The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Golar LNG has an asset utilization ratio of 10.83 percent. This indicates that the company is making $0.11 for each dollar of assets. An increasing asset utilization means that Golar LNG Limited is more efficient with each dollar of assets it utilizes for everyday operations.
The successful prediction of Golar LNG
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as Golar LNG Limited, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of Golar LNG based on Golar LNG hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to Golar LNG's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to Golar LNG's related companies.
Use Technical Analysis to project Golar expected Price
Golar LNG technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Golar LNG technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Golar LNG trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions.
More Info...Golar LNG Gross Profit
Golar LNG Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Golar LNG previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Golar LNG Gross Profit growth over the last 10 years. Please check Golar LNG's
gross profit and other
fundamental indicators for more details.
Breaking it down a bit more
The latest bullish price patterns experienced by current Golar LNG shareholders may raise some interest from shareholders. The stock closed today at a share price of
9.96 on very low momentum in trading volume. The company directors and management have been very successful in rebalancing the firm assets at opportune times to take advantage of market volatility in
October. The stock standard deviation of daily returns for 30 days investing horizon is currently 7.13. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Golar LNG Limited partners.
Cost of Revenue Breakdown
Golar LNG Cost of Revenue is increasing over the years with slightly volatile fluctuation. Cost of Revenue is expected to dwindle to about 140.9
M. Cost of Revenue usually refers to the aggregate cost of goods produced and sold and services rendered during the reporting period. Golar LNG Cost of Revenue is projected to increase significantly based on the last few years of reporting. The past year's Cost of Revenue was at 160.13 Million
| 2013 | 58.01 Million |
| 2014 | 76.91 Million |
| 2015 | 125.39 Million |
| 2016 | 100.73 Million |
| 2017 | 117.24 Million |
| 2018 | 202.69 Million |
| 2019 | 160.13 Million |
| 2020 | 140.91 Million |
Will Golar LNG latest dip continue?
Latest skewness indicator falls down to -1.33. Possible price growth? Golar LNG Limited is displaying above-average volatility over the selected time horizon. Investors should scrutinize Golar LNG Limited independently to ensure intended market timing strategies are aligned with expectations about Golar LNG volatility.
Although some companies in the oil & gas midstream industry are either recovering or due for a correction, Golar LNG may not be performing as strong as the other in terms of long-term growth potentials. With a relatively neutral outlook on the latest economy, it is better to hold off any trading of Golar as the current risk-reward utility is not appealing enough. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Golar LNG.
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Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time basis at the beginning of the pandemic and eventually acquired a real taste for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Golar LNG Limited. Please refer to our
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