Africa Oil Financials
| AOI Stock | SEK 16.13 0.08 0.50% |
Africa |
Understanding current and past Africa Oil Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Africa Oil's financial statements are interrelated, with each one affecting the others. For example, an increase in Africa Oil's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Africa Oil's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Africa Oil Corp. Check Africa Oil's Beneish M Score to see the likelihood of Africa Oil's management manipulating its earnings.
Africa Oil Stock Summary
Africa Oil competes with SolTech Energy, Minesto AB, SaltX Technology, and Impact Coatings. Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and development company in Kenya and Ethiopia. Africa Oil Corp. was incorporated in 1983 and is based in Vancouver, Canada. Africa Oil operates under Oil Gas EP classification in Sweden and is traded on Stockholm Stock Exchange. It employs 37 people.| Foreign Associates | |
| Instrument | Sweden Stock View All |
| Exchange | Stockholm Exchange |
| ISIN | CA00829Q1019 |
| Business Address | 885 West Georgia |
| Sector | Energy |
| Industry | Oil & Gas E&P |
| Benchmark | Dow Jones Industrial |
| Website | www.africaoilcorp.com |
| Phone | 604 689 7842 |
| Currency | SEK - Swedish Kronor |
You should never invest in Africa Oil without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Africa Stock, because this is throwing your money away. Analyzing the key information contained in Africa Oil's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Africa Oil Key Financial Ratios
Africa Oil's financial ratios allow both analysts and investors to convert raw data from Africa Oil's financial statements into concise, actionable information that can be used to evaluate the performance of Africa Oil over time and compare it to other companies across industries.| Return On Equity | 0.18 | |||
| Return On Asset | -0.0153 | |||
| Target Price | 28.67 | |||
| Beta | 1.58 | |||
| Last Dividend Paid | 0.05 |
Africa Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Africa Oil's current stock value. Our valuation model uses many indicators to compare Africa Oil value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Africa Oil competition to find correlations between indicators driving Africa Oil's intrinsic value. More Info.Africa Oil Corp is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Africa Oil's earnings, one of the primary drivers of an investment's value.Africa Oil Corp Systematic Risk
Africa Oil's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Africa Oil volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Africa Oil Corp correlated with the market. If Beta is less than 0 Africa Oil generally moves in the opposite direction as compared to the market. If Africa Oil Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Africa Oil Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Africa Oil is generally in the same direction as the market. If Beta > 1 Africa Oil moves generally in the same direction as, but more than the movement of the benchmark.
Africa Oil November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Africa Oil help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Africa Oil Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Africa Oil Corp based on widely used predictive technical indicators. In general, we focus on analyzing Africa Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Africa Oil's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.22 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 7.32 | |||
| Value At Risk | (3.43) | |||
| Potential Upside | 3.43 |
Additional Tools for Africa Stock Analysis
When running Africa Oil's price analysis, check to measure Africa Oil'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 Africa Oil is operating at the current time. Most of Africa Oil's value examination focuses on studying past and present price action to predict the probability of Africa Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Africa Oil's price. Additionally, you may evaluate how the addition of Africa Oil to your portfolios can decrease your overall portfolio volatility.