Cgx Energy Stock Buy Hold or Sell Recommendation
| OYL Stock | CAD 0.20 0.01 4.76% |
Assuming the 90 days horizon and your typical level of risk aversion, our recommendation regarding CGX Energy is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell CGX Energy given historical horizon and risk tolerance towards CGX Energy. When Macroaxis issues a 'buy' or 'sell' recommendation for CGX Energy, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out CGX Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as CGX and provide practical buy, sell, or hold advice based on investors' constraints. CGX Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
CGX |
Execute CGX Energy Buy or Sell Advice
The CGX recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on CGX Energy. Macroaxis does not own or have any residual interests in CGX Energy or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute CGX Energy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
CGX Energy Trading Alerts and Improvement Suggestions
| CGX Energy is way too risky over 90 days horizon | |
| CGX Energy has some characteristics of a very speculative penny stock | |
| CGX Energy appears to be risky and price may revert if volatility continues | |
| CGX Energy has high likelihood to experience some financial distress in the next 2 years | |
| CGX Energy has accumulated C$21.45 Million in debt which can lead to volatile earnings | |
| Net Loss for the year was (3.19 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| CGX Energy has accumulated about 22.57 M in cash with (3.67 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1. | |
| Latest headline from news.google.com: CGX Energy Files Third Quarter Financial Statements - Yahoo Finance |
CGX Energy Returns Distribution Density
The distribution of CGX Energy's historical returns is an attempt to chart the uncertainty of CGX Energy's future price movements. The chart of the probability distribution of CGX Energy daily returns describes the distribution of returns around its average expected value. We use CGX Energy price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of CGX Energy returns is essential to provide solid investment advice for CGX Energy.
| Mean Return | 0.60 | Value At Risk | -12.5 | Potential Upside | 14.29 | Standard Deviation | 8.83 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of CGX Energy historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
CGX Energy Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 13.0M | (4.0M) | 5.4M | (4.9M) | (6.0M) | (5.7M) | |
| Free Cash Flow | (21.2M) | (8.9M) | (72.8M) | (65.2M) | (5.6M) | (5.9M) | |
| Depreciation | 90.5K | 8.7K | 23.4K | 40.4K | 28.0K | 42.5K | |
| Other Non Cash Items | (8.5M) | 568.9K | 1.3M | 3.0M | 560.1K | 532.1K | |
| Capital Expenditures | 12.1M | 4.7M | 56.7M | 56.7M | 2.0M | 1.9M | |
| Net Income | 9.2M | (5.5M) | (12.7M) | (10.0M) | (3.2M) | (3.4M) | |
| End Period Cash Flow | 15.8M | 11.8M | 17.2M | 12.4M | 6.4M | 6.1M | |
| Net Borrowings | 7.7M | 961.8K | 19M | 35M | 40.3M | 42.3M | |
| Change To Netincome | (4.5M) | 2.9M | 2.9M | 3.8M | 3.4M | 4.0M | |
| Investments | (441.5K) | (4.7M) | (56.7M) | (31.2M) | (3.5M) | (3.6M) |
CGX Energy Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to CGX Energy or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that CGX Energy's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a CGX stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.26 | |
β | Beta against Dow Jones | 2.70 | |
σ | Overall volatility | 8.49 | |
Ir | Information ratio | 0.05 |
CGX Energy Volatility Alert
CGX Energy is showing large volatility of returns over the selected time horizon. CGX Energy is a potential penny stock. Although CGX Energy may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in CGX Energy. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on CGX instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.CGX Energy Fundamentals Vs Peers
Comparing CGX Energy's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze CGX Energy's direct or indirect competition across all of the common fundamentals between CGX Energy and the related equities. This way, we can detect undervalued stocks with similar characteristics as CGX Energy or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of CGX Energy's fundamental indicators could also be used in its relative valuation, which is a method of valuing CGX Energy by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare CGX Energy to competition |
| Fundamentals | CGX Energy | Peer Average |
| Return On Equity | -0.0479 | -0.31 |
| Return On Asset | -0.0213 | -0.14 |
| Current Valuation | 62.21 M | 16.62 B |
| Shares Outstanding | 338.55 M | 571.82 M |
| Number Of Shares Shorted | 9.74 K | 4.71 M |
| Price To Earning | 6.47 X | 28.72 X |
| Price To Book | 0.77 X | 9.51 X |
| EBITDA | (4.73 K) | 3.9 B |
| Net Income | (3.19 M) | 570.98 M |
| Cash And Equivalents | 22.57 M | 2.7 B |
| Cash Per Share | 0.10 X | 5.01 X |
| Total Debt | 21.45 M | 5.32 B |
| Debt To Equity | 76.20 % | 48.70 % |
| Current Ratio | 1.03 X | 2.16 X |
| Book Value Per Share | 0.18 X | 1.93 K |
| Cash Flow From Operations | (3.67 M) | 971.22 M |
| Short Ratio | 0.13 X | 4.00 X |
| Earnings Per Share | (0.01) X | 3.12 X |
| Target Price | 0.21 | |
| Beta | 1.31 | -0.15 |
| Market Capitalization | 66.02 M | 19.03 B |
| Total Asset | 84.88 M | 29.47 B |
| Retained Earnings | (323.76 M) | 9.33 B |
| Working Capital | (12.55 M) | 1.48 B |
| Net Asset | 84.88 M |
CGX Energy Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as CGX . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About CGX Energy Buy or Sell Advice
When is the right time to buy or sell CGX Energy? Buying financial instruments such as CGX Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having CGX Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Manufacturing Thematic Idea Now
Manufacturing
Companies that provide goods across residential, commercial and industrial construction such as machinery, tools, or lumber production. The Manufacturing theme has 20 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Manufacturing Theme or any other thematic opportunities.
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Additional Tools for CGX Stock Analysis
When running CGX Energy's price analysis, check to measure CGX 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 CGX Energy is operating at the current time. Most of CGX Energy's value examination focuses on studying past and present price action to predict the probability of CGX 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 CGX Energy's price. Additionally, you may evaluate how the addition of CGX Energy to your portfolios can decrease your overall portfolio volatility.