Cgx Energy Stock Analysis
| CGXEF Stock | USD 0.15 0.01 7.14% |
CGX Energy is overvalued with Real Value of 0.11 and Hype Value of 0.15. The main objective of CGX Energy pink sheet analysis is to determine its intrinsic value, which is an estimate of what CGX Energy is worth, separate from its market price. There are two main types of CGX Energy's stock analysis: fundamental analysis and technical analysis.
The CGX Energy pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and CGX Energy's ongoing operational relationships across important fundamental and technical indicators.
CGX |
CGX Pink Sheet Analysis Notes
About 90.0% of the company shares are held by company insiders. The book value of CGX Energy was currently reported as 0.2. The company has Price/Earnings (P/E) ratio of 144.8. CGX Energy recorded a loss per share of 0.05. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 11th of July 2013. CGX Energy Inc., an oil and gas exploration company, explores for and evaluates petroleum and natural gas properties in Guyana, South America. CGX Energy Inc. was incorporated in 1998 and is headquartered in Toronto, Canada. Cgx Energy operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.The quote for CGX Energy 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 CGX Energy please contact the company at 416 364 5569 or go to https://www.cgxenergy.com.CGX Energy Investment Alerts
| CGX Energy is way too risky over 90 days horizon | |
| CGX Energy has some characteristics of a very speculative penny stock | |
| CGX Energy appears to be risky and price may revert if volatility continues | |
| CGX Energy has accumulated 52.31 M in total debt with debt to equity ratio (D/E) of 0.79, which is about average as compared to similar companies. CGX Energy has a current ratio of 0.15, 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 CGX Energy until it has trouble settling it off, either with new capital or with free cash flow. So, CGX 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 CGX Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CGX to invest in growth at high rates of return. When we think about CGX Energy's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (12.69 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| CGX Energy has accumulated about 10.41 M in cash with (16.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 90.0% of CGX Energy shares are held by company insiders |
CGX Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 321.7 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CGX Energy's market, we take the total number of its shares issued and multiply it by CGX Energy'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.Technical Drivers
As of the 24th of November, CGX Energy shows the mean deviation of 5.21, and Risk Adjusted Performance of 0.0693. CGX Energy 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 CGX Energy maximum drawdown, as well as the relationship between the downside variance and skewness to decide if CGX Energy is priced some-what accurately, providing market reflects its regular price of 0.15 per share. As CGX Energy appears to be a penny stock we also recommend to validate its total risk alpha numbers.CGX Energy Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. CGX Energy middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for CGX Energy. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
CGX Energy Predictive Daily Indicators
CGX Energy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of CGX Energy pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.07 | |||
| Day Median Price | 0.15 | |||
| Day Typical Price | 0.15 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 | |||
| Relative Strength Index | 43.55 |
CGX Energy Forecast Models
CGX Energy's time-series forecasting models are one of many CGX Energy'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 CGX Energy'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.About CGX Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how CGX Energy 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 CGX 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 CGX Energy. By using and applying CGX Pink Sheet analysis, traders can create a robust methodology for identifying CGX entry and exit points for their positions.
CGX Energy Inc., an oil and gas exploration company, explores for and evaluates petroleum and natural gas properties in Guyana, South America. CGX Energy Inc. was incorporated in 1998 and is headquartered in Toronto, Canada. Cgx Energy operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding CGX Energy to your portfolios without increasing risk or reducing expected return.Did you try this?
Run ETFs Now
ETFsFind actively traded Exchange Traded Funds (ETF) from around the world |
| All Next | Launch Module |
Complementary Tools for CGX Pink Sheet analysis
When running CGX Energy's price analysis, check to measure CGX 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 CGX Energy is operating at the current time. Most of CGX Energy's value examination focuses on studying past and present price action to predict the probability of CGX 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 CGX Energy's price. Additionally, you may evaluate how the addition of CGX Energy to your portfolios can decrease your overall portfolio volatility.
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |