Africa Oil Corp Stock Analysis

Africa Pink Sheet Analysis Notes

About 16.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.81. Some equities with similar Price to Book (P/B) outperform the market in the long run. Africa Oil Corp last dividend was issued on the 8th of September 2022. Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and development company in Kenya, Nigeria, and South Africa. Africa Oil Corp. was incorporated in 1983 and is headquartered in Vancouver, Canada. AFRICA OIL operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.The quote for Africa Oil Corp is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more info on Africa Oil Corp please contact the company at 604 689 7842 or go to https://www.africaoilcorp.com.

Africa Oil Corp Investment Alerts

Africa Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 994.18 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Africa Oil's market, we take the total number of its shares issued and multiply it by Africa Oil's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Africa Profitablity

The company has Profit Margin (PM) of 1.23 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of (0.18) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.18.

Technical Drivers

As of the 29th of November, Africa Oil shows the Mean Deviation of 2.12, standard deviation of 2.69, and Risk Adjusted Performance of (0.01). Africa Oil Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Africa Oil Corp information ratio, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Africa Oil Corp is priced correctly, providing market reflects its regular price of 1.4 per share. Please also double-check Africa Oil Corp jensen alpha, which is currently at (0.11) to validate the company can sustain itself at a future point.

Africa Oil Corp Price Movement Analysis

Africa Oil Outstanding Bonds

Africa Oil Predictive Daily Indicators

Africa Oil Forecast Models

Africa Oil's time-series forecasting models are one of many Africa Oil's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Africa Oil's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Africa Oil prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Africa shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Africa Oil. By using and applying Africa Pink Sheet analysis, traders can create a robust methodology for identifying Africa entry and exit points for their positions.

When running Africa Oil's price analysis, check to measure Africa 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 Africa Oil is operating at the current time. Most of Africa Oil's value examination focuses on studying past and present price action to predict the probability of Africa 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 Africa Oil's price. Additionally, you may evaluate how the addition of Africa Oil to your portfolios can decrease your overall portfolio volatility.