We suggest to use analysis of Africa Oil Corp fundamentals to see if markets are presently mispricing the company. We were able to collect and analyze data for thirty-six available fundamental indicators for Africa Oil Corp, which can be compared to its peers. The stock experiences a large bullish trend. Check odds of Africa Oil to be traded at C$2.4 in 90 days. Key indicators impacting Africa Oil's financial strength include:
Understanding current and past Africa Oil Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Africa Oil's financial statements are interrelated, with each one affecting the others. For example, an increase in Africa Oil's assets may result in an increase in income on the income statement.
Africa Oil competes with Journey Energy, Headwater Exploration, Frontera Energy, and International Petroleum. Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and development company in Kenya and Ethiopia. Africa Oil Corp. was incorporated in 1983 and is based in Vancouver, Canada. AFRICA OIL operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange.
You should never invest in Africa Oil without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Africa Stock, because this is throwing your money away. Analyzing the key information contained in Africa Oil's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Africa Oil Key Financial Ratios
Africa Oil's financial ratios allow both analysts and investors to convert raw data from Africa Oil's financial statements into concise, actionable information that can be used to evaluate the performance of Africa Oil over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Africa Oil's current stock value. Our valuation model uses many indicators to compare Africa Oil value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Africa Oil competition to find correlations between indicators driving Africa Oil's intrinsic value. More Info.
Africa Oil Corp is rated fifth in return on equity category among its peers. It also is rated fifth in return on asset category among its peers . At this time, Africa Oil's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Africa Oil by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Africa Oil's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
Africa Oil Corp Systematic Risk
Africa Oil's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Africa Oil volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Africa Oil Corp correlated with the market. If Beta is less than 0 Africa Oil generally moves in the opposite direction as compared to the market. If Africa Oil Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Africa Oil Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Africa Oil is generally in the same direction as the market. If Beta > 1 Africa Oil moves generally in the same direction as, but more than the movement of the benchmark.
Africa Oil Corp Total Assets Over Time
Today, most investors in Africa Oil Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Africa Oil's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Africa Oil growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Africa Oil help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Africa Oil Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Africa Oil Corp based on widely used predictive technical indicators. In general, we focus on analyzing Africa Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Africa Oil's daily price indicators and compare them against related drivers.
Africa Oil financial ratios help investors to determine whether Africa Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Africa with respect to the benefits of owning Africa Oil security.