Athabasca Oil Financials
ATHOF Stock | USD 3.69 0.10 2.64% |
Athabasca |
Understanding current and past Athabasca Oil Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Athabasca Oil's financial statements are interrelated, with each one affecting the others. For example, an increase in Athabasca Oil's assets may result in an increase in income on the income statement.
Athabasca Oil Stock Summary
Athabasca Oil competes with Yamaha, Nitto Denko, Farmers Merchants, and Furukawa Electric. Athabasca Oil Corporation engages in the exploration, development, and production of light and thermal oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. Athabasca Oil Corporation was incorporated in 2006 and is headquartered in Calgary, Canada. Athabasca Oil operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 146 people.Instrument | USA Pink Sheet View All |
Exchange | PINK Exchange |
ISIN | CA04682R1073 |
Business Address | 215 9th Avenue |
Sector | Oil, Gas & Consumable Fuels |
Industry | Energy |
Benchmark | Dow Jones Industrial |
Website | www.atha.com |
Phone | 403 237 8227 |
Currency | USD - US Dollar |
Athabasca Oil Key Financial Ratios
There are many critical financial ratios that Athabasca Oil's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Athabasca Oil Corp reports annually and quarterly.Athabasca Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Athabasca Oil's current stock value. Our valuation model uses many indicators to compare Athabasca Oil value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Athabasca Oil competition to find correlations between indicators driving Athabasca Oil's intrinsic value. More Info.Athabasca 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 reporting about 0.16 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Athabasca Oil Corp is roughly 6.32 . 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 Athabasca Oil's earnings, one of the primary drivers of an investment's value.Athabasca Oil Corp Systematic Risk
Athabasca Oil's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Athabasca 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Athabasca Oil Corp correlated with the market. If Beta is less than 0 Athabasca Oil generally moves in the opposite direction as compared to the market. If Athabasca Oil Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Athabasca Oil Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Athabasca Oil is generally in the same direction as the market. If Beta > 1 Athabasca Oil moves generally in the same direction as, but more than the movement of the benchmark.
Athabasca Oil November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Athabasca Oil help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Athabasca Oil Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Athabasca Oil Corp based on widely used predictive technical indicators. In general, we focus on analyzing Athabasca Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Athabasca Oil's daily price indicators and compare them against related drivers.
Information Ratio | (0.13) | |||
Maximum Drawdown | 8.36 | |||
Value At Risk | (3.99) | |||
Potential Upside | 2.92 |
Complementary Tools for Athabasca Pink Sheet analysis
When running Athabasca Oil's price analysis, check to measure Athabasca 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 Athabasca Oil is operating at the current time. Most of Athabasca Oil's value examination focuses on studying past and present price action to predict the probability of Athabasca 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 Athabasca Oil's price. Additionally, you may evaluate how the addition of Athabasca Oil to your portfolios can decrease your overall portfolio volatility.
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