Jericho Oil Corp Stock Performance
| JEV Stock | CAD 0.12 0.01 7.69% |
The company retains a Market Volatility (i.e., Beta) of 0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jericho Oil's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jericho Oil is expected to be smaller as well. At this point, Jericho Oil Corp has a negative expected return of -0.13%. Please make sure to check out Jericho Oil's skewness, as well as the relationship between the day median price and relative strength index , to decide if Jericho 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 Jericho Oil Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 349.6 K |
Jericho |
Jericho Oil Relative Risk vs. Return Landscape
If you would invest 14.00 in Jericho Oil Corp on August 30, 2024 and sell it today you would lose (2.00) from holding Jericho Oil Corp or give up 14.29% of portfolio value over 90 days. Jericho Oil Corp is currently producing negative expected returns and takes up 4.778% volatility of returns over 90 trading days. Put another way, 42% of traded stocks are less volatile than Jericho, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Jericho Oil Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jericho Oil's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Jericho Oil Corp, and traders can use it to determine the average amount a Jericho 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 = -0.028
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| Negative Returns | JEV |
Estimated Market Risk
| 4.78 actual daily | 42 58% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Jericho 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 Jericho Oil by adding Jericho Oil to a well-diversified portfolio.
Jericho Oil Fundamentals Growth
Jericho Stock prices reflect investors' perceptions of the future prospects and financial health of Jericho Oil, and Jericho 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 Jericho Stock performance.
| Return On Equity | -0.5 | |||
| Return On Asset | -0.15 | |||
| Operating Margin | (85.88) % | |||
| Current Valuation | 37.16 M | |||
| Shares Outstanding | 259.76 M | |||
| Price To Book | 1.85 X | |||
| Price To Sales | 555.25 X | |||
| Revenue | 73 K | |||
| EBITDA | (4.19 M) | |||
| Cash And Equivalents | 1.66 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 30.24 K | |||
| Debt To Equity | 0.17 % | |||
| Book Value Per Share | 0.05 X | |||
| Cash Flow From Operations | (3.2 M) | |||
| Earnings Per Share | (0.04) X | |||
| Total Asset | 19.02 M | |||
| Retained Earnings | (46.89 M) | |||
About Jericho Oil Performance
Evaluating Jericho Oil's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Jericho 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 Jericho Oil has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Jericho Energy Ventures Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and natural gas fields in the United States. Jericho Energy Ventures Inc. was incorporated in 2010 and is headquartered in Vancouver, Canada. JERICHO ENERGY is traded on Commodity Exchange in Exotistan.Things to note about Jericho Oil Corp performance evaluation
Checking the ongoing alerts about Jericho Oil for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Jericho Oil Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Jericho Oil Corp generated a negative expected return over the last 90 days | |
| Jericho Oil Corp has some characteristics of a very speculative penny stock | |
| Jericho Oil Corp has high historical volatility and very poor performance | |
| Jericho Oil Corp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 73 K. Net Loss for the year was (7.32 M) with profit before overhead, payroll, taxes, and interest of 20.57 K. | |
| Jericho Oil Corp has accumulated about 1.66 M in cash with (3.2 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 27.0% of the company shares are held by company insiders |
- Analyzing Jericho 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 Jericho Oil's stock is overvalued or undervalued compared to its peers.
- Examining Jericho 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 Jericho Oil's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Jericho Oil's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Jericho Oil's stock. These opinions can provide insight into Jericho Oil's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Jericho Stock Analysis
When running Jericho Oil's price analysis, check to measure Jericho 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 Jericho Oil is operating at the current time. Most of Jericho Oil's value examination focuses on studying past and present price action to predict the probability of Jericho 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 Jericho Oil's price. Additionally, you may evaluate how the addition of Jericho Oil to your portfolios can decrease your overall portfolio volatility.