Canadian Competitors

Delisted . USA . 
Stock . Canadian Overseas Petroleum
VELXFDelisted Stock  USD 0.02  0.00  0.00%   
Canadian Overseas competes with PetroShale, Questerre Energy, Orca Energy, Petrus Resources, and Inpex Corp; as well as few others. The company classifies itself under Oil, Gas & Consumable Fuels sector and is part of Energy industry. Analyzing Canadian Overseas competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Canadian Overseas to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Canadian Overseas competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Canadian Overseas' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.020.020.03
Details
Intrinsic
Valuation
LowRealHigh
0.020.020.03
Details
Naive
Forecast
LowNextHigh
0.020.020.02
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.020.030.03
Details

Canadian Overseas Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Canadian Overseas and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Canadian and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Canadian Overseas does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
CEIEF
+ 0.92
PSHIF
ORXGF
+ 0.8
PSHIF
CEIEF
+ 0.75
ORXGF
HPMCF
+ 0.7
PSHIF
CEIEF
+ 0.68
HPMCF
IPXHY
+ 0.68
ORXGF
  
High negative correlations   
PTRUF
- 0.7
HPMCF
PTRUF
- 0.65
PSHIF
CEIEF
- 0.64
PTRUF
ORXGF
- 0.55
SHASF
ORXGF
- 0.52
VLERF
QTEYF
- 0.49
VLERF

Risk-Adjusted Indicators

There is a big difference between Canadian Pink Sheet performing well and Canadian Overseas Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Canadian Overseas' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
VLERF  2.81 (0.18) 0.00 (0.01) 0.00 
 0.00 
 6.23 
(5.36)
 21.04 
PSHIF  1.25 (0.55) 0.00 (0.95) 0.00 
 0.00 
 0.00 
(3.45)
 15.07 
SHASF  2.77  0.64  0.00  0.75  0.00 
 0.00 
 14.29 
 0.00 
 36.67 
HPMCF  2.82 (0.59) 0.00  3.45  0.00 
 0.00 
 7.14 
(10.53)
 48.33 
SDTTU  2.50  0.58  0.00 (0.20) 0.00 
 0.00 
 3.64 
(0.31)
 111.67 
QTEYF  1.35  0.19  0.00 (1.09) 0.00 
 0.00 
 5.88 
 0.00 
 39.39 
ORXGF  2.11 (0.04) 0.00  0.17  0.00 
 0.00 
 5.26 
(6.37)
 18.80 
PTRUF  1.24  0.09  0.00  0.58  1.82 
(1.76)
 2.88 
(2.91)
 13.24 
IPXHY  1.44 (0.21) 0.00 (0.76) 0.00 
 0.00 
 2.73 
(3.27)
 7.04 
CEIEF  0.95 (0.22) 0.00 (2.50) 0.00 
 0.00 
 2.00 
(3.39)
 10.92 
All Fundamental Data

Canadian Overseas Competitive Analysis

The better you understand Canadian Overseas competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Canadian Overseas' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Canadian Overseas' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
VELXF VLERF PSHIF SHASF HPMCF SDTTU QTEYF ORXGF PTRUF IPXHY
 0.00 
 0.02 
Canadian
 4.59 
 3.87 
Valeura
 3.45 
 0.28 
PetroShale
 12.50 
 0.09 
ShaMaran
 5.56 
 0.02 
Africa
 8.33 
 0.07 
SandRidge
 0.00 
 0.17 
Questerre
 0.00 
 2.05 
Orca
 1.98 
 1.03 
Petrus
 2.98 
 13.14 
Inpex
Market Volatility
(90 Days Market Risk)
Very steady
Unstable
Out of control
Out of control
Out of control
Very steady
Out of control
Very risky
Very risky
Not too volatile
Market Performance
(90 Days Performance)
Very Weak
Insignificant
Very Weak
OK
Very Weak
Very Weak
Weak
Very Weak
Insignificant
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Dangerous
Unknown
About Average
Low
Quite High
Dangerous
Quite High
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Not Rated
Sell
Strong Sell
Strong Sell
Strong Sell
Not Rated
Strong Sell
Strong Sell
Strong Sell
Sell
Current Ratio
0.81
0.63
0.98
55.3
N/A
1.95
1.58
1.0
1.16
Net Asset
98.78 M
558.03 M
368.46 M
267.24 M
8.74 M
184.26 M
230.27 M
290.49 M
5.16 T
Profit Margin
-0.79
0.31
0.71
N/A
2.02
0.0954
0.24
1.42
0.19
EBITDA
(3.79 M)
56.9 M
69.16 M
(5.46 M)
1.2 M
2.22 M
62.94 M
139.83 M
867.24 B
Operating Margin
-0.51
0.43
0.62
N/A
0.24
2.49
0.59
0.7
0.54
Current Valuation
79.64 M
306.91 M
402.37 M
185.84 M
(5.46 M)
54.43 M
111.69 M
222.01 M
22.53 B
Price To Book
1.15
0.78
1.23
0.75
0.31
0.59
0.78
1.2
0.47
Retained Earnings
N/A
(35.07 M)
N/A
N/A
N/A
N/A
(12 M)
N/A
1.58 T
Current Asset
N/A
5.64 M
N/A
N/A
N/A
N/A
108 M
N/A
933.34 B
Five Year Return
N/A
N/A
N/A
N/A
25.83
N/A
N/A
N/A
3.05
Beta
0.72
2.05
1.11
1.49
1.92
1.6
0.34
3.16
1.21
Number Of Employees
17
18
9
13
N/A
16
17
14
58
Shares Outstanding
277.86 M
662.41 M
2.81 B
1.41 B
28 M
428.52 M
18.15 M
122.2 M
1.32 B
Cash Flow From Operations
(7.76 M)
72.23 M
63.9 M
(4.04 M)
N/A
14.07 M
40.11 M
32.99 M
445.46 B
Annual Yield
N/A
N/A
N/A
N/A
0.21
N/A
0.0802
N/A
0.0412
Total Debt
34.66 M
180.39 M
21.75 M
2 K
N/A
214 K
49.6 M
19.63 M
1.1 T
Return On Equity
-0.56
0.24
1.3
0.0804
0.55
0.0254
0.35
1.03
0.12
Z Score
N/A
0.6
4.8
N/A
N/A
N/A
0.6
6.0
N/A
Return On Asset
-0.0753
0.13
0.13
-0.0162
0.0408
0.35
0.17
0.18
0.14
Book Value Per Share
0.14
0.68
0.054
0.19
0.28
0.39
4.46
1.99
2891.93
Number Of Shares Shorted
N/A
N/A
N/A
N/A
237.26 K
N/A
N/A
N/A
N/A
Current Liabilities
N/A
35.73 M
N/A
N/A
N/A
N/A
41 M
N/A
262.01 B
Total Asset
98.78 M
558.03 M
368.46 M
267.24 M
8.74 M
184.26 M
230.27 M
290.49 M
5.16 T
Debt To Equity
1.06
0.26
3.63
N/A
N/A
0.001
0.66
0.084
0.35
Short Ratio
N/A
N/A
N/A
N/A
2.32
N/A
N/A
N/A
N/A
Target Price
N/A
N/A
N/A
N/A
2.0
N/A
N/A
N/A
N/A
Last Dividend Paid
N/A
N/A
N/A
N/A
0.003
N/A
0.3
N/A
62.0
Shares Owned By Institutions
3.46
43.62
2.52
N/A
0.47
0.38
N/A
0.12
0.022
Market Capitalization
27.81 M
285.65 M
183.57 M
188.51 M
2.52 M
90.42 M
67.7 M
196.74 M
14.52 B
Price To Earning
-2.54
3.81
2.07
13.68
0.49
16.6
3.68
1.1
6.03
Price To Sales
1.82
0.94
1.33
N/A
0.93
1.68
1.36
2.04
0.0068
Net Income
(13.54 M)
(828 K)
13.38 M
21.56 M
743 K
(4.3 M)
16.37 M
114.56 M
223.05 B
Earnings Per Share
-0.081
0.11
0.05
0.02
0.18
0.01
1.35
1.53
1.92
Shares Owned By Insiders
3.51
24.76
26.72
56.11
N/A
4.6
17.46
70.31
N/A
Revenue
15 M
229.34 M
102.32 M
N/A
3.27 M
30.4 M
86.02 M
81.27 M
1.24 T
Working Capital
N/A
(30.09 M)
N/A
N/A
N/A
N/A
67 M
N/A
671.32 B
Cash And Equivalents
11.53 M
5.87 M
120.82 M
7.21 M
7.9 M
15.17 M
82.44 M
2.56 M
268.86 B
Cash Per Share
0.04
0.01
0.04
N/A
0.28
0.04
4.14
0.02
194.02
Gross Profit
12.8 M
133.72 M
75.84 M
N/A
2.4 M
16.75 M
73.77 M
55.52 M
1.38 T
Day Typical Price
0.023
3.9
0.28
0.09
0.017
0.0633
0.17
2.05
1.03
13.11
Accumulation Distribution
N/A
0.0449
N/A
N/A
N/A
0.0769
N/A
N/A
N/A
14.05
Market Facilitation Index
N/A
0.18
N/A
N/A
N/A
0.005
N/A
N/A
N/A
0.0
Daily Balance Of Power
0.0
0.9444
(9,223,372,036,855)
9.2 T
(9,223,372,036,855)
1.0
0.0
0.0
9.2 T
4.222222
Period Momentum Indicator
N/A
0.17
(0.01)
0.01
(0)
0.005
N/A
N/A
0.02
0.38
Rate Of Daily Change
1.0
1.05
0.97
1.13
0.94
1.08
1.0
1.0
1.02
1.03
Day Median Price
0.023
3.92
0.28
0.09
0.017
0.0625
0.17
2.05
1.03
13.1
Price Action Indicator
N/A
0.035
(0.01)
0.005
(0.0005)
0.005
N/A
N/A
0.01
0.24
Relative Strength Index
24.2
62.78
28.13
92.2
73.0
49.49
70.15
26.13
46.13
41.41
Coefficient Of Variation
(841.60)
(56,546)
(516.78)
751.06
(1,009)
2780.55
2287.24
(2,045)
1534.23
(1,065)
Mean Deviation
5.94
2.81
1.25
2.77
2.82
2.5
1.35
2.11
1.24
1.44
Jensen Alpha
(1.17)
(0.18)
(0.55)
0.64
(0.59)
0.585
0.1932
(0.04)
0.0897
(0.21)
Total Risk Alpha
(3.11)
(0.65)
(0.89)
(0.21)
(1.62)
(1.34)
(0.53)
(0.78)
(0.21)
(0.47)
Sortino Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
(0)
N/A
Downside Variance
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
9.82
N/A
Standard Deviation
10.86
3.8
2.43
5.86
6.06
10.14
4.18
3.56
1.92
1.77
Kurtosis
5.58
3.34
12.9
5.62
13.55
34.5
17.97
4.21
4.66
(0.25)
Potential Upside
19.17
6.23
N/A
14.29
7.14
3.64
5.88
5.26
2.88
2.73
Treynor Ratio
1.3
(0.01)
(0.95)
0.7537
3.45
(0.20)
(1.09)
0.1667
0.5784
(0.76)
Maximum Drawdown
66.72
21.04
15.07
36.67
48.33
111.67
39.39
18.8
13.24
7.04
Variance
118.05
14.44
5.92
34.36
36.76
102.79
17.5
12.68
3.68
3.15
Market Risk Adjusted Performance
1.31
(0)
(0.94)
0.7637
3.46
(0.19)
(1.08)
0.1767
0.5884
(0.75)
Risk Adjusted Performance
(0.08)
0.0066
(0.14)
0.1105
(0.07)
0.0367
0.0416
(0.03)
0.0558
(0.07)
Skewness
1.37
1.03
(1.59)
0.9108
(2.25)
3.01
(1.46)
(1.12)
(1.16)
(0.29)
Semi Deviation
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1.82
N/A
Information Ratio
(0.13)
(0.04)
(0.25)
0.1097
(0.12)
0.0224
0.0108
(0.09)
(0.01)
(0.17)
Value At Risk
(17.76)
(5.36)
(3.45)
N/A
(10.53)
(0.31)
N/A
(6.37)
(2.91)
(3.27)
Expected Short fall
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
(1.76)
N/A
Downside Deviation
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
3.13
N/A
Semi Variance
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
3.31
N/A

Canadian Overseas Competition Performance Charts

Five steps to successful analysis of Canadian Overseas Competition

Canadian Overseas' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Canadian Overseas in relation to its competition. Canadian Overseas' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Canadian Overseas in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Canadian Overseas' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Canadian Overseas, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Canadian Overseas position

In addition to having Canadian Overseas in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Treasury ETFs Theme or any other thematic opportunities.
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Other Consideration for investing in Canadian Pink Sheet

If you are still planning to invest in Canadian Overseas check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Canadian Overseas' history and understand the potential risks before investing.
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