Meg Energy Corp Stock Analysis

MEG Pink Sheet Analysis Notes

About 36.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.19. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. MEG Energy Corp had not issued any dividends in recent years. MEG Energy Corp., an energy company, focuses on sustainable in situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. The company was incorporated in 1999 and is headquartered in Calgary, Canada. MEG ENERGY operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 411 people.The quote for MEG Energy Corp is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about MEG Energy Corp contact the company at 403 770 0446 or learn more at https://www.megenergy.com.

MEG Energy Corp Investment Alerts

MEG Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.16 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MEG Energy's market, we take the total number of its shares issued and multiply it by MEG 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.

MEG Profitablity

The company has Profit Margin (PM) of 0.15 %, 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 0.26 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.26.

Technical Drivers

As of the 1st of February, MEG Energy secures the mean deviation of 1.74, and Risk Adjusted Performance of (0.06). In connection with fundamental indicators, the technical analysis model lets you check helpful technical drivers of MEG Energy Corp, as well as the relationship between them. Please verify MEG Energy Corp information ratio, as well as the relationship between the value at risk and kurtosis to decide if MEG Energy Corp is priced fairly, providing market reflects its recent price of 16.38 per share. Given that MEG Energy Corp has information ratio of (0.12), we recommend you to check MEG Energy's last-minute market performance to make sure the company can sustain itself in the future.

MEG Energy Corp Price Movement Analysis

MEG Energy Outstanding Bonds

MEG Energy Predictive Daily Indicators

MEG Energy Forecast Models

MEG Energy's time-series forecasting models are one of many MEG 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 MEG 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.

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

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