New Source Energy Stock Fundamentals
| NSLPQDelisted Stock | USD 0.0001 0.00 0.00% |
New Source Energy fundamentals help investors to digest information that contributes to New Source's financial success or failures. It also enables traders to predict the movement of New Pink Sheet. The fundamental analysis module provides a way to measure New Source's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to New Source pink sheet.
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New Source Energy Company Return On Equity Analysis
New Source's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current New Source Return On Equity | -2.01 |
Most of New Source's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, New Source Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, New Source Energy has a Return On Equity of -2.0135. This indicator is about the same for the Oil, Gas & Consumable Fuels average (which is currently at -1.98) sector and 213.12% lower than that of the Energy industry. The return on equity for all United States stocks is notably higher than that of the company.
New Source Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining New Source's current stock value. Our valuation model uses many indicators to compare New Source value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across New Source competition to find correlations between indicators driving New Source's intrinsic value. More Info.New Source Energy is regarded third in return on equity category among its peers. It is considered to be number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the New Source's earnings, one of the primary drivers of an investment's value.New Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New Source's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of New Source could also be used in its relative valuation, which is a method of valuing New Source by comparing valuation metrics of similar companies.New Source is currently under evaluation in return on equity category among its peers.
New Fundamentals
| Return On Equity | -2.01 | ||||
| Return On Asset | -0.051 | ||||
| Profit Margin | (1.97) % | ||||
| Operating Margin | (0.17) % | ||||
| Current Valuation | 73.34 M | ||||
| Shares Outstanding | 16.52 M | ||||
| Number Of Shares Shorted | 147.13 K | ||||
| Price To Sales | 0.0001 X | ||||
| Revenue | 162.81 M | ||||
| Gross Profit | 83.29 M | ||||
| EBITDA | 17.57 M | ||||
| Net Income | (42.32 M) | ||||
| Cash And Equivalents | 1.42 M | ||||
| Cash Per Share | 0.08 X | ||||
| Total Debt | 95.22 M | ||||
| Debt To Equity | 3.26 % | ||||
| Current Ratio | 0.25 X | ||||
| Book Value Per Share | (2.05) X | ||||
| Cash Flow From Operations | 44.91 M | ||||
| Earnings Per Share | (14.56) X | ||||
| Number Of Employees | 412 | ||||
| Beta | -9897.79 | ||||
| Market Capitalization | 11.24 K | ||||
| Total Asset | 377.46 M | ||||
| Working Capital | (83.27 M) | ||||
| Current Asset | 28.16 M | ||||
| Current Liabilities | 111.43 M | ||||
| Annual Yield | 0.15 % | ||||
| Net Asset | 377.46 M | ||||
| Last Dividend Paid | 0.4 |
About New Source Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze New Source Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Source using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Source Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.New Source Energy Partners L.P. acquires, owns, develops, and produces oil and natural gas properties in the United States. On March 15, 2016, New Source Energy Partners LP, along with its affiliate, filed a voluntary petition for liquidation under Chapter 7 in the US Bankruptcy Court for the District of Delaware. New Source operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 412 people.
Pair Trading with New Source
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if New Source position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in New Source will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to New Source could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Source when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back New Source - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling New Source Energy to buy it.
The correlation of New Source is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as New Source moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Source Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for New Source can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Other Consideration for investing in New Pink Sheet
If you are still planning to invest in New Source Energy check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the New Source's history and understand the potential risks before investing.
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