Zenith Energy Financials
| ZENA Stock | NOK 0.19 0.01 5.56% |
Zenith |
Understanding current and past Zenith Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Zenith Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Zenith Energy's assets may result in an increase in income on the income statement.
Zenith Energy Stock Summary
Zenith Energy competes with Kongsberg Automotive, Questerre Energy, Okea ASA, and Hunter Group. Zenith Energy Ltd., together with its subsidiaries, explores for and develops oil and natural gas in Italy, the Republic of the Congo, and internationally. Zenith Energy Ltd. was incorporated in 2007 and is based in Calgary, Canada. ZENITH ENERGY operates under Oil Gas EP classification in Norway and is traded on Oslo Stock Exchange. It employs 192 people.| Foreign Associate | USA |
| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | CA98936C1068 |
| Business Address | Bankers Court, Calgary, |
| Sector | Energy |
| Industry | Oil & Gas E&P |
| Benchmark | Dow Jones Industrial |
| Website | www.zenithenergy.ca |
| Phone | 587 315 9031 |
| Currency | NOK - Kroner |
You should never invest in Zenith Energy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Zenith Stock, because this is throwing your money away. Analyzing the key information contained in Zenith Energy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Zenith Energy Key Financial Ratios
There are many critical financial ratios that Zenith Energy's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Zenith Energy reports annually and quarterly.| Return On Equity | -0.0427 | |||
| Return On Asset | 6.0E-4 | |||
| Number Of Employees | 37 | |||
| Beta | 1.21 | |||
| Z Score | 12.0 |
Zenith Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Zenith Energy's current stock value. Our valuation model uses many indicators to compare Zenith Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Zenith Energy competition to find correlations between indicators driving Zenith Energy's intrinsic value. More Info.Zenith Energy is rated first in return on equity category among its peers. It is rated fourth 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 Zenith Energy's earnings, one of the primary drivers of an investment's value.Zenith Energy Systematic Risk
Zenith Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Zenith 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 ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Zenith Energy correlated with the market. If Beta is less than 0 Zenith Energy generally moves in the opposite direction as compared to the market. If Zenith Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Zenith Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Zenith Energy is generally in the same direction as the market. If Beta > 1 Zenith Energy moves generally in the same direction as, but more than the movement of the benchmark.
Zenith Energy November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Zenith Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Zenith Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Zenith Energy based on widely used predictive technical indicators. In general, we focus on analyzing Zenith Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Zenith Energy's daily price indicators and compare them against related drivers.
| Downside Deviation | 6.23 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 21.11 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 10.53 |
Other Information on Investing in Zenith Stock
Zenith Energy financial ratios help investors to determine whether Zenith 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 Zenith with respect to the benefits of owning Zenith Energy security.