Energy Change In Cash from 2010 to 2024
| ESOA Stock | USD 7.19 0.15 2.13% |
Change In Cash | First Reported 2006-12-31 | Previous Quarter 7.4 M | Current Value 7.4 M | Quarterly Volatility 3.6 M |
Check Energy Services financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Energy main balance sheet or income statement drivers, such as Other Operating Expenses of 351.5 M, Operating Income of 15.7 M or EBIT of 15.7 M, as well as many exotic indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0135 or PTB Ratio of 1.84. Energy financial statements analysis is a perfect complement when working with Energy Services Valuation or Volatility modules.
Energy | Change In Cash |
Latest Energy Services' Change In Cash Growth Pattern
Below is the plot of the Change In Cash of Energy Services over the last few years. It is Energy Services' Change In Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Energy Services' overall financial position and show how it may be relating to other accounts over time.
| Change In Cash | 10 Years Trend |
|
Change In Cash |
| Timeline |
Energy Change In Cash Regression Statistics
| Arithmetic Mean | 2,318,055 | |
| Coefficient Of Variation | 209.66 | |
| Mean Deviation | 4,020,315 | |
| Median | 77,381 | |
| Standard Deviation | 4,860,112 | |
| Sample Variance | 23.6T | |
| Range | 14.5M | |
| R-Value | 0.61 | |
| Mean Square Error | 15.9T | |
| R-Squared | 0.38 | |
| Significance | 0.02 | |
| Slope | 665,855 | |
| Total Sum of Squares | 330.7T |
Energy Change In Cash History
About Energy Services Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Energy Services income statement, its balance sheet, and the statement of cash flows. Energy Services investors use historical funamental indicators, such as Energy Services's Change In Cash, to determine how well the company is positioned to perform in the future. Although Energy Services investors may use each financial statement separately, they are all related. The changes in Energy Services's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Energy Services'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 Energy Services Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Energy Services. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Change In Cash | 10.4 M | 10.9 M |
Pair Trading with Energy Services
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 Energy Services 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 Energy Services will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Energy Services could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energy Services 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 Energy Services - 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 Energy Services to buy it.
The correlation of Energy Services 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 Energy Services moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energy Services 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 Energy Services 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 the analysis of Energy Services Correlation against competitors. For information on how to trade Energy Stock refer to our How to Trade Energy Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Energy Stock analysis
When running Energy Services' price analysis, check to measure Energy Services' 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 Energy Services is operating at the current time. Most of Energy Services' value examination focuses on studying past and present price action to predict the probability of Energy Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Services' price. Additionally, you may evaluate how the addition of Energy Services to your portfolios can decrease your overall portfolio volatility.
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Is Energy Services' 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 Energy Services. If investors know Energy 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 Energy Services listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 13.454 | Dividend Share 0.06 | Earnings Share 0.55 | Revenue Per Share 20.108 | Quarterly Revenue Growth 0.502 |
The market value of Energy Services is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Services' value that differs from its market value or its book value, called intrinsic value, which is Energy Services' 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 Energy Services' market value can be influenced by many factors that don't directly affect Energy Services' 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 Energy Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Services' 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.