Lucero Energy Corp Stock Market Capitalization
Lucero Energy Corp fundamentals help investors to digest information that contributes to Lucero Energy's financial success or failures. It also enables traders to predict the movement of Lucero Stock. The fundamental analysis module provides a way to measure Lucero Energy'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 Lucero Energy stock.
Lucero |
Lucero Energy Corp Company Market Capitalization Analysis
Lucero Energy's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Current Lucero Energy Market Capitalization | 383.52 M |
Most of Lucero Energy's fundamental indicators, such as Market Capitalization, 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, Lucero Energy Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
CompetitionBased on the recorded statements, the market capitalization of Lucero Energy Corp is about 383.52 M. This is 98.83% lower than that of the Oil, Gas & Consumable Fuels sector and 94.58% lower than that of the Energy industry. The market capitalization for all Canada stocks is 97.98% higher than that of the company.
Lucero Market Capitalization Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Lucero Energy's direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Lucero Energy could also be used in its relative valuation, which is a method of valuing Lucero Energy by comparing valuation metrics of similar companies.Lucero Energy is currently under evaluation in market capitalization category among its peers.
Lucero Fundamentals
| Return On Equity | 0.0991 | |||
| Return On Asset | 0.0692 | |||
| Profit Margin | 0.28 % | |||
| Operating Margin | 0.33 % | |||
| Current Valuation | 289.81 M | |||
| Shares Outstanding | 639.2 M | |||
| Shares Owned By Insiders | 24.72 % | |||
| Shares Owned By Institutions | 36.68 % | |||
| Number Of Shares Shorted | 70.26 K | |||
| Price To Book | 0.82 X | |||
| Price To Sales | 2.15 X | |||
| Revenue | 254.2 M | |||
| Gross Profit | 209.53 M | |||
| EBITDA | 121.78 M | |||
| Net Income | 59.27 M | |||
| Book Value Per Share | 0.81 X | |||
| Cash Flow From Operations | 136.73 M | |||
| Short Ratio | 0.07 X | |||
| Earnings Per Share | 0.07 X | |||
| Target Price | 0.89 | |||
| Beta | 1.87 | |||
| Market Capitalization | 383.52 M | |||
| Total Asset | 592.38 M | |||
| Retained Earnings | 64.29 M | |||
| Working Capital | 82.24 M | |||
| Net Asset | 592.38 M |
Pair Trading with Lucero Energy
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 Lucero Energy 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 Lucero Energy will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft 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 Microsoft - 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 Microsoft to buy it.
The correlation of Microsoft 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 Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft 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 Microsoft 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.Additional Tools for Lucero Stock Analysis
When running Lucero Energy's price analysis, check to measure Lucero Energy'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 Lucero Energy is operating at the current time. Most of Lucero Energy's value examination focuses on studying past and present price action to predict the probability of Lucero Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lucero Energy's price. Additionally, you may evaluate how the addition of Lucero Energy to your portfolios can decrease your overall portfolio volatility.