Altura Energy Financials
| ATUUF Stock | USD 9.28 0.20 2.20% |
Altura |
Understanding current and past Altura Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Altura Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Altura Energy's assets may result in an increase in income on the income statement.
Altura Energy Stock Summary
Altura Energy competes with Barrister Energy, and Arrow Exploration. Tenaz Energy Corp., an energy company, engages in the acquisition and development of oil and gas assets in central Alberta. The company was formerly known as Altura Energy Inc. and changed its name to Tenaz Energy Corp. in October 2021. Tenaz Energy operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 10 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | CA02210D1033 |
| Business Address | 6055th Avenue SW, |
| Sector | Oil, Gas & Consumable Fuels |
| Industry | Energy |
| Benchmark | Dow Jones Industrial |
| Website | www.tenazenergy.com |
| Phone | 403 984 5197 |
| Currency | USD - US Dollar |
Altura Energy Key Financial Ratios
There are many critical financial ratios that Altura Energy's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Altura Energy reports annually and quarterly.| Return On Equity | 0.0819 | |||
| Return On Asset | -0.0251 | |||
| Number Of Employees | 10 | |||
| Beta | 1.71 | |||
| Z Score | 1.8 |
Altura Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Altura Energy's current stock value. Our valuation model uses many indicators to compare Altura Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Altura Energy competition to find correlations between indicators driving Altura Energy's intrinsic value. More Info.Altura Energy is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Altura Energy's earnings, one of the primary drivers of an investment's value.Altura Energy Systematic Risk
Altura Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Altura Energy 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 Altura Energy correlated with the market. If Beta is less than 0 Altura Energy generally moves in the opposite direction as compared to the market. If Altura Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Altura Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Altura Energy is generally in the same direction as the market. If Beta > 1 Altura Energy moves generally in the same direction as, but more than the movement of the benchmark.
Altura Energy March 20, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Altura Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Altura Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Altura Energy based on widely used predictive technical indicators. In general, we focus on analyzing Altura Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Altura Energy's daily price indicators and compare them against related drivers.
| Information Ratio | 0.0023 | |||
| Maximum Drawdown | 15.74 | |||
| Value At Risk | (3.36) | |||
| Potential Upside | 5.78 |
Complementary Tools for Altura Pink Sheet analysis
When running Altura Energy's price analysis, check to measure Altura 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 Altura Energy is operating at the current time. Most of Altura Energy's value examination focuses on studying past and present price action to predict the probability of Altura 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 Altura Energy's price. Additionally, you may evaluate how the addition of Altura Energy to your portfolios can decrease your overall portfolio volatility.
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