Please utilize analysis of enCore Energy Corp fundamentals to determine if markets are correctly pricing the company. We were able to interpolate thirty-one available financial indicators for EnCore Energy, which can be compared to its peers in the sector. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of EnCore Energy to be traded at C$5.18 in 90 days. Key indicators impacting EnCore Energy's financial strength include:
Understanding current and past EnCore Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of EnCore Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in EnCore Energy's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in EnCore Energy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of enCore Energy Corp. Check EnCore Energy's Beneish M Score to see the likelihood of EnCore Energy's management manipulating its earnings.
EnCore Energy Stock Summary
EnCore Energy competes with Trican Well, Ensign Energy, Calfrac Well, and Birchcliff Energy. enCore Energy Corp., together with its subsidiaries, engages in the acquisition and exploration of resource properties in the United States. The company was formerly known as Wolfpack Gold Corp. and changed its name to enCore Energy Corp. in August 2014. enCore Energy Corp. was incorporated in 2009 and is headquartered in Vancouver, Canada. ENCORE ENERGY operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
You should never invest in EnCore Energy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of EnCore Stock, because this is throwing your money away. Analyzing the key information contained in EnCore Energy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
EnCore Energy Key Financial Ratios
There are many critical financial ratios that EnCore Energy's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that enCore Energy Corp reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining EnCore Energy's current stock value. Our valuation model uses many indicators to compare EnCore Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across EnCore Energy competition to find correlations between indicators driving EnCore Energy's intrinsic value. More Info.
enCore Energy Corp is rated # 5 in return on equity category among its peers. It also is rated # 5 in return on asset category among its peers . At this time, EnCore Energy's Return On Equity is fairly stable compared to the past year. 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 EnCore Energy's earnings, one of the primary drivers of an investment's value.
enCore Energy Corp Systematic Risk
EnCore Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. EnCore Energy 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on enCore Energy Corp correlated with the market. If Beta is less than 0 EnCore Energy generally moves in the opposite direction as compared to the market. If EnCore Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one enCore Energy Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of EnCore Energy is generally in the same direction as the market. If Beta > 1 EnCore Energy moves generally in the same direction as, but more than the movement of the benchmark.
enCore Energy Corp Total Assets Over Time
Today, most investors in EnCore Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various EnCore Energy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of EnCore Energy growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of EnCore Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of enCore Energy Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of enCore Energy Corp based on widely used predictive technical indicators. In general, we focus on analyzing EnCore Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build EnCore Energy's daily price indicators and compare them against related drivers.
When running EnCore Energy's price analysis, check to measure EnCore 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 EnCore Energy is operating at the current time. Most of EnCore Energy's value examination focuses on studying past and present price action to predict the probability of EnCore 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 EnCore Energy's price. Additionally, you may evaluate how the addition of EnCore Energy to your portfolios can decrease your overall portfolio volatility.