ReconAfricas Promising Oil Prospects in Namibia - TipRanks
RECAF Stock | USD 0.76 0.05 6.17% |
Roughly 62% of Reconnaissance Energy's investor base is looking to short. The analysis of current outlook of investing in Reconnaissance Energy Africa suggests that many traders are alarmed regarding Reconnaissance Energy's prospects. The current market sentiment, together with Reconnaissance Energy's historical and current headlines, can help investors time the market. In addition, many technical investors use Reconnaissance Energy stock news signals to limit their universe of possible portfolio assets.
Reconnaissance Energy otc stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Reconnaissance daily returns and investor perception about the current price of Reconnaissance Energy Africa as well as its diversification or hedging effects on your existing portfolios.
Reconnaissance |
ReconAfricas Promising Oil Prospects in Namibia TipRanks
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Reconnaissance Energy Fundamental Analysis
We analyze Reconnaissance Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reconnaissance Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reconnaissance Energy based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.
Z Score
Z Score Comparative Analysis
Reconnaissance Energy is currently under evaluation in z score category among its peers. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Reconnaissance Energy Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Reconnaissance Energy otc stock to make a market-neutral strategy. Peer analysis of Reconnaissance Energy could also be used in its relative valuation, which is a method of valuing Reconnaissance Energy by comparing valuation metrics with similar companies.
Peers
Reconnaissance Energy Related Equities
SEUSF | Sintana Energy | 10.00 | ||||
CGXEF | CGX Energy | 7.14 | ||||
DMEHF | Desert Mountain | 5.00 | ||||
JRNGF | Journey Energy | 1.35 | ||||
FECCF | Frontera Energy | 1.23 | ||||
PTHRF | Pantheon Resources | 3.13 | ||||
ECAOF | Eco (Atlantic) | 7.69 |
Complementary Tools for Reconnaissance OTC Stock analysis
When running Reconnaissance Energy's price analysis, check to measure Reconnaissance 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 Reconnaissance Energy is operating at the current time. Most of Reconnaissance Energy's value examination focuses on studying past and present price action to predict the probability of Reconnaissance 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 Reconnaissance Energy's price. Additionally, you may evaluate how the addition of Reconnaissance Energy to your portfolios can decrease your overall portfolio volatility.
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