Athabasca Oil Corp Stock Performance
| ATHOF Stock | USD 3.65 0.01 0.27% |
The firm shows a Beta (market volatility) of 0.44, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Athabasca Oil's returns are expected to increase less than the market. However, during the bear market, the loss of holding Athabasca Oil is expected to be smaller as well. At this point, Athabasca Oil Corp has a negative expected return of -0.0464%. Please make sure to confirm Athabasca Oil's potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if Athabasca Oil Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Athabasca Oil Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Athabasca Oil is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 165.2 M | |
| Total Cashflows From Investing Activities | 22.7 M |
Athabasca |
Athabasca Oil Relative Risk vs. Return Landscape
If you would invest 381.00 in Athabasca Oil Corp on September 2, 2024 and sell it today you would lose (16.00) from holding Athabasca Oil Corp or give up 4.2% of portfolio value over 90 days. Athabasca Oil Corp is currently producing negative expected returns and takes up 2.0466% volatility of returns over 90 trading days. Put another way, 18% of traded pink sheets are less volatile than Athabasca, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Athabasca Oil Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Athabasca Oil's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Athabasca Oil Corp, and traders can use it to determine the average amount a Athabasca 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 = -0.0227
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| Negative Returns | ATHOF |
Estimated Market Risk
| 2.05 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Athabasca 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 Athabasca Oil by adding Athabasca Oil to a well-diversified portfolio.
Athabasca Oil Fundamentals Growth
Athabasca Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Athabasca Oil, and Athabasca 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 Athabasca Pink Sheet performance.
| Return On Equity | 0.5 | |||
| Return On Asset | 0.0795 | |||
| Profit Margin | 0.34 % | |||
| Operating Margin | 0.15 % | |||
| Current Valuation | 979.95 M | |||
| Shares Outstanding | 586.37 M | |||
| Price To Earning | 3.26 X | |||
| Price To Book | 1.06 X | |||
| Price To Sales | 0.70 X | |||
| Revenue | 1.02 B | |||
| EBITDA | 633.42 M | |||
| Cash And Equivalents | 154.17 M | |||
| Cash Per Share | 0.26 X | |||
| Total Debt | 309.55 M | |||
| Debt To Equity | 0.25 % | |||
| Book Value Per Share | 2.08 X | |||
| Cash Flow From Operations | 194.25 M | |||
| Earnings Per Share | 0.66 X | |||
| Total Asset | 1.74 B | |||
About Athabasca Oil Performance
By analyzing Athabasca Oil's fundamental ratios, stakeholders can gain valuable insights into Athabasca Oil's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Athabasca Oil has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Athabasca Oil has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Athabasca Oil Corporation engages in the exploration, development, and production of light and thermal oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. Athabasca Oil Corporation was incorporated in 2006 and is headquartered in Calgary, Canada. Athabasca Oil operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 146 people.Things to note about Athabasca Oil Corp performance evaluation
Checking the ongoing alerts about Athabasca Oil for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Athabasca Oil Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Athabasca Oil Corp generated a negative expected return over the last 90 days | |
| Athabasca Oil Corp has accumulated 309.55 M in total debt with debt to equity ratio (D/E) of 0.25, which may suggest the company is not taking enough advantage from borrowing. Athabasca Oil Corp has a current ratio of 0.87, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Athabasca Oil until it has trouble settling it off, either with new capital or with free cash flow. So, Athabasca Oil's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Athabasca Oil Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Athabasca to invest in growth at high rates of return. When we think about Athabasca Oil's use of debt, we should always consider it together with cash and equity. |
- Analyzing Athabasca 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 Athabasca Oil's stock is overvalued or undervalued compared to its peers.
- Examining Athabasca 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 Athabasca Oil's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Athabasca Oil's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Athabasca Oil's pink sheet. These opinions can provide insight into Athabasca Oil's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Athabasca Pink Sheet analysis
When running Athabasca Oil's price analysis, check to measure Athabasca Oil'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 Athabasca Oil is operating at the current time. Most of Athabasca Oil's value examination focuses on studying past and present price action to predict the probability of Athabasca Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Athabasca Oil's price. Additionally, you may evaluate how the addition of Athabasca Oil to your portfolios can decrease your overall portfolio volatility.
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