We were able to break down and interpolate data for thirty-six available reported financial drivers for High Arctic Energy, which can be compared to its competitors. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of High Arctic to be traded at C$1.0961 in 90 days. Key indicators impacting High Arctic's financial strength include:
Understanding current and past High Arctic Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of High Arctic's financial statements are interrelated, with each one affecting the others. For example, an increase in High Arctic's assets may result in an increase in income on the income statement.
High Arctic competes with CES Energy, Total Energy, and PHX Energy. High Arctic Energy Services Inc. provides oilfield services in Canada, Papua New Guinea, and the United States. High Arctic Energy Services Inc. was founded in 1993 and is headquartered in Calgary, Canada. HIGH ARCTIC operates under Oil Gas Equipment Services classification in Canada and is traded on Toronto Stock Exchange. It employs 695 people.
You should never invest in High Arctic without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of High Stock, because this is throwing your money away. Analyzing the key information contained in High Arctic's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
High Arctic Key Financial Ratios
High Arctic's financial ratios allow both analysts and investors to convert raw data from High Arctic's financial statements into concise, actionable information that can be used to evaluate the performance of High Arctic over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining High Arctic's current stock value. Our valuation model uses many indicators to compare High Arctic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across High Arctic competition to find correlations between indicators driving High Arctic's intrinsic value. More Info.
High Arctic Energy is rated # 4 in return on equity category among its peers. It also is rated # 4 in return on asset category among its peers . At this time, High Arctic's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value High Arctic by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for High Arctic's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
High Arctic Energy Systematic Risk
High Arctic's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. High Arctic 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on High Arctic Energy correlated with the market. If Beta is less than 0 High Arctic generally moves in the opposite direction as compared to the market. If High Arctic Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one High Arctic Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of High Arctic is generally in the same direction as the market. If Beta > 1 High Arctic moves generally in the same direction as, but more than the movement of the benchmark.
High Arctic Energy Total Assets Over Time
Today, most investors in High Arctic Stock are looking for potential investment opportunities by analyzing not only static indicators but also various High Arctic'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 High Arctic growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of High Arctic help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of High Arctic Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of High Arctic Energy based on widely used predictive technical indicators. In general, we focus on analyzing High Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build High Arctic's daily price indicators and compare them against related drivers.
High Arctic financial ratios help investors to determine whether High Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in High with respect to the benefits of owning High Arctic security.