Athabasca Oil Corp Stock Analysis

Athabasca Pink Sheet Analysis Notes

About 16.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.06. Some equities with similar Price to Book (P/B) outperform the market in the long run. Athabasca Oil Corp had not issued any dividends in recent years. Athabasca Oil Corporation engages in the exploration, development, and production of light and thermal oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. Athabasca Oil Corporation was incorporated in 2006 and is headquartered in Calgary, Canada. Athabasca Oil operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 146 people.The quote for Athabasca 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 Athabasca Oil Corp please contact PEng BScEng at 403 237 8227 or go to https://www.atha.com.

Athabasca Oil Corp Investment Alerts

Athabasca Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.31 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Athabasca Oil's market, we take the total number of its shares issued and multiply it by Athabasca 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.

Athabasca Profitablity

The company has Profit Margin (PM) of 0.34 %, 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 0.15 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.15.

Technical Drivers

As of the 9th of February, Athabasca Oil shows the risk adjusted performance of 0.1259, and Mean Deviation of 1.89. Athabasca 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 Athabasca Oil Corp treynor ratio, and the relationship between the standard deviation and downside variance to decide if Athabasca Oil Corp is priced correctly, providing market reflects its regular price of 6.34 per share. Given that Athabasca Oil has jensen alpha of 0.3193, we suggest you to validate Athabasca Oil Corp's prevailing market performance to make sure the company can sustain itself at a future point.

Athabasca Oil Corp Price Movement Analysis

Athabasca Oil Outstanding Bonds

Athabasca Oil Predictive Daily Indicators

Athabasca Oil Forecast Models

Athabasca Oil's time-series forecasting models are one of many Athabasca 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 Athabasca 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.

Athabasca Oil Corp Debt to Cash Allocation

Athabasca Oil Corp has accumulated 309.55 M in total debt with debt to equity ratio (D/E) of 0.25, which may suggest the company is not taking enough advantage from borrowing. Athabasca Oil Corp has a current ratio of 0.87, 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 Athabasca Oil until it has trouble settling it off, either with new capital or with free cash flow. So, Athabasca Oil'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 Athabasca Oil Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Athabasca to invest in growth at high rates of return. When we think about Athabasca Oil's use of debt, we should always consider it together with cash and equity.

Athabasca Oil Assets Financed by Debt

Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Athabasca Oil's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Athabasca Oil, which in turn will lower the firm's financial flexibility.

Athabasca Oil Corporate Bonds Issued

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Athabasca 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 Athabasca 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 Athabasca Oil. By using and applying Athabasca Pink Sheet analysis, traders can create a robust methodology for identifying Athabasca entry and exit points for their positions.

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