You can use Cardinal Energy fundamental data analysis to find out if markets are presently mispricing the company. We were able to interpolate and analyze data for thirty-nine available fundamental indicators for Cardinal Energy, which can be compared to its peers. The stock experiences a moderate upward volatility. Check odds of Cardinal Energy to be traded at C$7.24 in 90 days. Key indicators impacting Cardinal Energy's financial strength include:
Understanding current and past Cardinal Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cardinal Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Cardinal Energy's assets may result in an increase in income on the income statement.
Cardinal Energy competes with Tamarack Valley, Whitecap Resources, Athabasca Oil, and Surge Energy. Cardinal Energy Ltd. engages in the acquisition, exploration, and production of oil and natural gas in the provinces of Alberta and Saskatchewan, Canada. The company was incorporated in 2010 and is headquartered in Calgary, Canada. CARDINAL ENERGY operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange.
You should never invest in Cardinal Energy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Cardinal Stock, because this is throwing your money away. Analyzing the key information contained in Cardinal Energy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Cardinal Energy Key Financial Ratios
Cardinal Energy's financial ratios allow both analysts and investors to convert raw data from Cardinal Energy's financial statements into concise, actionable information that can be used to evaluate the performance of Cardinal Energy over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Cardinal Energy's current stock value. Our valuation model uses many indicators to compare Cardinal Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cardinal Energy competition to find correlations between indicators driving Cardinal Energy's intrinsic value. More Info.
Cardinal Energy is rated third in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about 0.63 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Cardinal Energy is roughly 1.59 . At this time, Cardinal Energy'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 Cardinal Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Cardinal Energy'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.
Cardinal Energy Systematic Risk
Cardinal Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cardinal 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Cardinal Energy correlated with the market. If Beta is less than 0 Cardinal Energy generally moves in the opposite direction as compared to the market. If Cardinal Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cardinal Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cardinal Energy is generally in the same direction as the market. If Beta > 1 Cardinal Energy moves generally in the same direction as, but more than the movement of the benchmark.
Cardinal Energy Total Assets Over Time
Today, most investors in Cardinal Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cardinal Energy'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 Cardinal Energy growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Cardinal Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cardinal Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cardinal Energy based on widely used predictive technical indicators. In general, we focus on analyzing Cardinal Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cardinal Energy's daily price indicators and compare them against related drivers.
Cardinal Energy financial ratios help investors to determine whether Cardinal 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 Cardinal with respect to the benefits of owning Cardinal Energy security.