Tenaz Energy Corp Stock Buy Hold or Sell Recommendation
| TNZ Stock | 14.42 0.03 0.21% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Tenaz Energy Corp is 'Buy'. The recommendation algorithm takes into account all of Tenaz Energy's available fundamental, technical, and predictive indicators you will find on this site.
Check out Tenaz 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. In addition, we conduct extensive research on individual companies such as Tenaz and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Tenaz Energy Corp. 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.
Tenaz |
Execute Tenaz Energy Buy or Sell Advice
The Tenaz recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Tenaz Energy Corp. Macroaxis does not own or have any residual interests in Tenaz Energy Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Tenaz Energy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Solid | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Tenaz Energy Trading Alerts and Improvement Suggestions
| Tenaz Energy Corp appears to be risky and price may revert if volatility continues | |
| Latest headline from news.google.com: TENAZ ENERGY CORP. ANNOUNCES CLOSING OF SENIOR UNSECURED NOTES OFFERING - Yahoo Finance |
Tenaz Energy Returns Distribution Density
The distribution of Tenaz Energy's historical returns is an attempt to chart the uncertainty of Tenaz Energy's future price movements. The chart of the probability distribution of Tenaz Energy daily returns describes the distribution of returns around its average expected value. We use Tenaz Energy Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Tenaz Energy returns is essential to provide solid investment advice for Tenaz Energy.
| Mean Return | 0.92 | Value At Risk | -2.99 | Potential Upside | 6.38 | Standard Deviation | 3.72 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Tenaz 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.
Tenaz Energy Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 142K | (142K) | 25.5M | (23.6M) | 48.5M | 50.9M | |
| Free Cash Flow | 110K | (5.5M) | (6.4M) | (7.8M) | (9.7M) | (9.2M) | |
| Capital Expenditures | 12.9M | 7.9M | 10.4M | 17.1M | 24.9M | 26.1M | |
| Net Income | 2.2M | (22.3M) | 8.3M | 5.2M | 26.5M | 27.9M | |
| Other Non Cash Items | 113K | (126K) | (5.4M) | (15K) | (3.5M) | (3.4M) | |
| Depreciation | 10.3M | 26.1M | 4.9M | 1.7M | (3.5M) | (3.3M) |
Tenaz 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 Tenaz 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 Tenaz 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 Tenaz 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 | 0.89 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 3.76 | |
Ir | Information ratio | 0.21 |
Tenaz Energy Volatility Alert
Tenaz Energy Corp currently demonstrates below-average downside deviation. It has Information Ratio of 0.21 and Jensen Alpha of 0.89. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Tenaz Energy's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Tenaz Energy's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Tenaz Energy Fundamentals Vs Peers
Comparing Tenaz 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 Tenaz Energy's direct or indirect competition across all of the common fundamentals between Tenaz Energy and the related equities. This way, we can detect undervalued stocks with similar characteristics as Tenaz Energy or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Tenaz Energy's fundamental indicators could also be used in its relative valuation, which is a method of valuing Tenaz Energy by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Tenaz Energy to competition |
| Fundamentals | Tenaz Energy | Peer Average |
| Return On Equity | 0.3 | -0.31 |
| Return On Asset | -0.0218 | -0.14 |
| Profit Margin | 0.40 % | (1.27) % |
| Operating Margin | (0.43) % | (5.51) % |
| Current Valuation | 390.13 M | 16.62 B |
| Shares Outstanding | 27.43 M | 571.82 M |
| Shares Owned By Insiders | 8.41 % | 10.09 % |
| Shares Owned By Institutions | 2.90 % | 39.21 % |
| Number Of Shares Shorted | 168.15 K | 4.71 M |
| Price To Book | 4.06 X | 9.51 X |
| Price To Sales | 6.31 X | 11.42 X |
| Revenue | 64.85 M | 9.43 B |
| Gross Profit | 18.81 M | 27.38 B |
| EBITDA | 2.8 M | 3.9 B |
| Net Income | 26.55 M | 570.98 M |
| Cash And Equivalents | 1.83 M | 2.7 B |
| Total Debt | 244 K | 5.32 B |
| Book Value Per Share | 3.60 X | 1.93 K |
| Cash Flow From Operations | 15.18 M | 971.22 M |
| Short Ratio | 2.92 X | 4.00 X |
| Earnings Per Share | 0.87 X | 3.12 X |
| Target Price | 12.94 | |
| Number Of Employees | 15 | 18.84 K |
| Beta | 1.64 | -0.15 |
| Market Capitalization | 349.96 M | 19.03 B |
| Total Asset | 238.72 M | 29.47 B |
| Retained Earnings | 21.1 M | 9.33 B |
| Working Capital | 48.5 M | 1.48 B |
| Net Asset | 238.72 M |
Tenaz Energy Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Tenaz . 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 Tenaz Energy Buy or Sell Advice
When is the right time to buy or sell Tenaz Energy Corp? Buying financial instruments such as Tenaz 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.
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Other Information on Investing in Tenaz Stock
Tenaz Energy financial ratios help investors to determine whether Tenaz 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 Tenaz with respect to the benefits of owning Tenaz Energy security.