Zenith Energy (Norway) Performance
| ZENA Stock | NOK 0.18 0.01 5.26% |
The firm maintains a market beta of -1.07, which attests to a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Zenith Energy are expected to decrease slowly. On the other hand, during market turmoil, Zenith Energy is expected to outperform it slightly. At this point, Zenith Energy has a negative expected return of -0.13%. Please make sure to check out Zenith Energy's skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if Zenith Energy performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Zenith Energy has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest unfluctuating performance, the Stock's essential indicators remain persistent and the latest mess on Wall Street may also be a sign of long-standing gains for the company institutional investors. ...more
| Total Cashflows From Investing Activities | -2.2 M |
Zenith |
Zenith Energy Relative Risk vs. Return Landscape
If you would invest 21.00 in Zenith Energy on August 28, 2024 and sell it today you would lose (3.00) from holding Zenith Energy or give up 14.29% of portfolio value over 90 days. Zenith Energy is generating negative expected returns and assumes 4.7391% volatility on return distribution over the 90 days horizon. Simply put, 42% of stocks are less volatile than Zenith, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Zenith Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zenith Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Zenith Energy, and traders can use it to determine the average amount a Zenith 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 = -0.0269
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ZENA |
Estimated Market Risk
| 4.74 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 Zenith 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 Zenith Energy by adding Zenith Energy to a well-diversified portfolio.
Zenith Energy Fundamentals Growth
Zenith Stock prices reflect investors' perceptions of the future prospects and financial health of Zenith Energy, and Zenith 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 Zenith Stock performance.
| Return On Equity | -0.0427 | |||
| Return On Asset | 6.0E-4 | |||
| Profit Margin | (0.24) % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 188.43 M | |||
| Shares Outstanding | 1.87 B | |||
| Price To Book | 2.94 X | |||
| Price To Sales | 11.02 X | |||
| Revenue | 17.47 M | |||
| EBITDA | 2.67 M | |||
| Cash And Equivalents | 1.45 M | |||
| Total Debt | 8.56 M | |||
| Debt To Equity | 0.98 % | |||
| Book Value Per Share | 0.05 X | |||
| Cash Flow From Operations | (13.13 M) | |||
| Earnings Per Share | 0.21 X | |||
About Zenith Energy Performance
By examining Zenith Energy's fundamental ratios, stakeholders can obtain critical insights into Zenith Energy's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Zenith Energy is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Zenith Energy Ltd., together with its subsidiaries, explores for and develops oil and natural gas in Italy, the Republic of the Congo, and internationally. Zenith Energy Ltd. was incorporated in 2007 and is based in Calgary, Canada. ZENITH ENERGY operates under Oil Gas EP classification in Norway and is traded on Oslo Stock Exchange. It employs 192 people.Things to note about Zenith Energy performance evaluation
Checking the ongoing alerts about Zenith Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Zenith Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Zenith Energy generated a negative expected return over the last 90 days | |
| Zenith Energy has some characteristics of a very speculative penny stock | |
| Zenith Energy has high historical volatility and very poor performance | |
| Zenith Energy has accumulated 8.56 M in total debt with debt to equity ratio (D/E) of 0.98, which is about average as compared to similar companies. Zenith Energy has a current ratio of 0.86, 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 Zenith Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Zenith Energy'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 Zenith Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Zenith to invest in growth at high rates of return. When we think about Zenith Energy's use of debt, we should always consider it together with cash and equity. | |
| Zenith Energy has accumulated about 1.45 M in cash with (13.13 M) of positive cash flow from operations. |
- Analyzing Zenith 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 Zenith Energy's stock is overvalued or undervalued compared to its peers.
- Examining Zenith 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 Zenith Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Zenith Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Zenith Energy's stock. These opinions can provide insight into Zenith Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Zenith Stock
Zenith Energy financial ratios help investors to determine whether Zenith Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Zenith with respect to the benefits of owning Zenith Energy security.