Canacol Energy Stock Analysis

Canacol OTC Stock Analysis Notes

About 19.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.51. Some equities with similar Price to Book (P/B) outperform the market in the long run. Canacol Energy last dividend was issued on the 28th of December 2022. The entity had 1:5 split on the 20th of January 2023. Canacol Energy Ltd., an oil and gas company, engages in the exploration, development, and production of natural gas in Colombia. The company was incorporated in 1970 and is headquartered in Calgary, Canada. Canacol Energy operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 406 people.The quote for Canacol Energy is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. For more info on Canacol Energy please contact the company at 403 561 1648 or go to https://canacolenergy.com.

Canacol Energy Investment Alerts

Canacol Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 283.98 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canacol Energy's market, we take the total number of its shares issued and multiply it by Canacol 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.

Canacol Profitablity

The company has Profit Margin (PM) of 0.06 %, 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 0.36 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.36.

Technical Drivers

As of the 28th of November, Canacol Energy shows the Standard Deviation of 3.25, risk adjusted performance of (0.01), and Mean Deviation of 2.2. Canacol 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Canacol Energy, which can be compared to its peers. Please confirm Canacol Energy variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Canacol Energy is priced correctly, providing market reflects its regular price of 2.74 per share. Please also double-check Canacol Energy jensen alpha, which is currently at (0.27) to validate the company can sustain itself at a future point.

Canacol Energy Price Movement Analysis

Canacol Energy Outstanding Bonds

Canacol Energy Predictive Daily Indicators

Canacol Energy Forecast Models

Canacol Energy's time-series forecasting models are one of many Canacol Energy's otc stock 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 Canacol 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.

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Canacol 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 Canacol shares will generate the highest return on investment. We also built our otc 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 OTC such as Canacol Energy. By using and applying Canacol OTC Stock analysis, traders can create a robust methodology for identifying Canacol entry and exit points for their positions.

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