Africa Oil Corp Stock Performance
| AOI Stock | CAD 1.84 0.07 3.66% |
The firm shows a Beta (market volatility) of -0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Africa Oil are expected to decrease at a much lower rate. During the bear market, Africa Oil is likely to outperform the market. At this point, Africa Oil Corp has a negative expected return of -0.0802%. Please make sure to confirm Africa Oil's kurtosis, and the relationship between the value at risk and rate of daily change , to decide if Africa Oil Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Africa Oil Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy forward indicators, Africa Oil is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors. ...more
Forward Dividend Yield 0.0353 | Payout Ratio | Last Split Factor 1:5 | Forward Dividend Rate 0.07 | Dividend Date 2024-09-27 |
1 | Africa Oil Corp. Advances Share Buyback Program - TipRanks | 12/30/2024 |
2 | AFRICA OIL TO RECEIVE USD 31.6 MILLION DIVIDEND FROM IMPACT - Yahoo Finance | 01/22/2025 |
3 | Africa Oil receives approval for Swedish listing of new shares following amalgamation deal - Proactive financial news | 02/21/2025 |
| Begin Period Cash Flow | 199.7 M |
Africa |
Africa Oil Relative Risk vs. Return Landscape
If you would invest 196.00 in Africa Oil Corp on November 28, 2024 and sell it today you would lose (12.00) from holding Africa Oil Corp or give up 6.12% of portfolio value over 90 days. Africa Oil Corp is producing return of less than zero assuming 2.261% volatility of returns over the 90 days investment horizon. Simply put, 20% of all stocks have less volatile historical return distribution than Africa Oil, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Africa Oil Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Africa Oil's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Africa Oil Corp, and traders can use it to determine the average amount a Africa Oil's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0355
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| Negative Returns | AOI |
Estimated Market Risk
| 2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Africa Oil is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Africa Oil by adding Africa Oil to a well-diversified portfolio.
Africa Oil Fundamentals Growth
Africa Stock prices reflect investors' perceptions of the future prospects and financial health of Africa Oil, and Africa Oil fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Africa Stock performance.
| Return On Equity | -0.49 | ||||
| Return On Asset | -0.0212 | ||||
| Current Valuation | 645.44 M | ||||
| Shares Outstanding | 436.6 M | ||||
| Price To Earning | (38.75) X | ||||
| Price To Book | 1.07 X | ||||
| Price To Sales | 6.16 X | ||||
| Gross Profit | (193.6 M) | ||||
| EBITDA | (31.9 M) | ||||
| Net Income | 87.1 M | ||||
| Cash And Equivalents | 199.3 M | ||||
| Cash Per Share | 0.08 X | ||||
| Total Debt | 71.6 M | ||||
| Debt To Equity | 0.30 % | ||||
| Current Ratio | 1.93 X | ||||
| Book Value Per Share | 1.24 X | ||||
| Cash Flow From Operations | (53.3 M) | ||||
| Earnings Per Share | (1.17) X | ||||
| Market Capitalization | 803.35 M | ||||
| Total Asset | 966.2 M | ||||
| Retained Earnings | (432.3 M) | ||||
| Working Capital | 214.7 M | ||||
| Current Asset | 105.83 M | ||||
| Current Liabilities | 56.31 M | ||||
About Africa Oil Performance
By examining Africa Oil's fundamental ratios, stakeholders can obtain critical insights into Africa Oil's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Africa Oil is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 2.5 K | 2.2 K | |
| Return On Capital Employed | 0.11 | 0.10 |
Things to note about Africa Oil Corp performance evaluation
Checking the ongoing alerts about Africa Oil for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Africa Oil Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Africa Oil Corp generated a negative expected return over the last 90 days | |
| Africa Oil Corp may become a speculative penny stock | |
| Africa Oil Corp has accumulated about 199.3 M in cash with (53.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. | |
| Roughly 14.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Africa Oil receives approval for Swedish listing of new shares following amalgamation deal - Proactive financial news |
- Analyzing Africa Oil's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Africa Oil's stock is overvalued or undervalued compared to its peers.
- Examining Africa Oil's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Africa Oil's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Africa Oil's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Africa Oil's stock. These opinions can provide insight into Africa Oil's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Africa Stock
Africa Oil financial ratios help investors to determine whether Africa 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 Africa with respect to the benefits of owning Africa Oil security.