Meg Energy Corp Stock Performance
| MEGEF Stock | USD 17.60 0.96 5.17% |
The company secures a Beta (Market Risk) of 0.4, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MEG Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding MEG Energy is expected to be smaller as well. At this point, MEG Energy Corp has a negative expected return of -0.19%. Please make sure to verify MEG Energy's kurtosis, market facilitation index, and the relationship between the value at risk and rate of daily change , to decide if MEG Energy Corp performance from the past will be repeated in the future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days MEG Energy Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's technical and fundamental indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
| Begin Period Cash Flow | 114 M | |
| Total Cashflows From Investing Activities | -281 M |
MEG |
MEG Energy Relative Risk vs. Return Landscape
If you would invest 2,015 in MEG Energy Corp on August 29, 2024 and sell it today you would lose (255.00) from holding MEG Energy Corp or give up 12.66% of portfolio value over 90 days. MEG Energy Corp is currently producing negative expected returns and takes up 2.2672% volatility of returns over 90 trading days. Put another way, 20% of traded pink sheets are less volatile than MEG, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
MEG Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MEG Energy's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as MEG Energy Corp, and traders can use it to determine the average amount a MEG Energy'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 = -0.0819
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MEGEF |
Estimated Market Risk
| 2.27 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MEG Energy 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 MEG Energy by adding MEG Energy to a well-diversified portfolio.
MEG Energy Fundamentals Growth
MEG Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of MEG Energy, and MEG Energy 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 MEG Pink Sheet performance.
| Return On Equity | 0.23 | |||
| Return On Asset | 0.14 | |||
| Profit Margin | 0.15 % | |||
| Operating Margin | 0.26 % | |||
| Current Valuation | 5.24 B | |||
| Shares Outstanding | 298 M | |||
| Price To Earning | 7.81 X | |||
| Price To Book | 1.19 X | |||
| Price To Sales | 0.64 X | |||
| Revenue | 4.4 B | |||
| EBITDA | 1.06 B | |||
| Cash And Equivalents | 244 M | |||
| Cash Per Share | 0.80 X | |||
| Total Debt | 2.48 B | |||
| Debt To Equity | 0.53 % | |||
| Book Value Per Share | 14.65 X | |||
| Cash Flow From Operations | 690 M | |||
| Earnings Per Share | 2.29 X | |||
| Total Asset | 7.59 B | |||
About MEG Energy Performance
By analyzing MEG Energy's fundamental ratios, stakeholders can gain valuable insights into MEG Energy's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if MEG Energy 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 MEG Energy has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
MEG Energy Corp., an energy company, focuses on sustainable in situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. The company was incorporated in 1999 and is headquartered in Calgary, Canada. MEG ENERGY operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 411 people.Things to note about MEG Energy Corp performance evaluation
Checking the ongoing alerts about MEG Energy for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for MEG Energy Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| MEG Energy Corp generated a negative expected return over the last 90 days |
- Analyzing MEG Energy'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 MEG Energy's stock is overvalued or undervalued compared to its peers.
- Examining MEG Energy'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 MEG Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of MEG Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of MEG Energy's pink sheet. These opinions can provide insight into MEG Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for MEG Pink Sheet analysis
When running MEG Energy's price analysis, check to measure MEG 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 MEG Energy is operating at the current time. Most of MEG Energy's value examination focuses on studying past and present price action to predict the probability of MEG 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 MEG Energy's price. Additionally, you may evaluate how the addition of MEG Energy to your portfolios can decrease your overall portfolio volatility.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |