We are able to interpolate and collect thirty-three available fundamentals for Ngx Energy, which can be compared to its peers in the industry. The stock experiences a very speculative upward sentiment. Check odds of Ngx Energy to be traded at C$1.4625 in 90 days. Key indicators impacting Ngx Energy's financial strength include:
Understanding current and past Ngx Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ngx Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Ngx Energy's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Ngx Energy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ngx Energy International. Check Ngx Energy's Beneish M Score to see the likelihood of Ngx Energy's management manipulating its earnings.
Ngx Energy Stock Summary
Ngx Energy competes with Emerita Resources, CGX Energy, and Southern Energy. NG Energy International Corp., an oil and gas company, engages in the exploration and development activities in Colombia. NG Energy International Corp. is headquartered in Vancouver, Canada. NG ENERGY operates under Oil Gas EP classification in Exotistan and is traded on Commodity Exchange.
You should never invest in Ngx Energy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ngx Stock, because this is throwing your money away. Analyzing the key information contained in Ngx Energy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Ngx Energy Key Financial Ratios
There are many critical financial ratios that Ngx Energy's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ngx Energy International reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Ngx Energy's current stock value. Our valuation model uses many indicators to compare Ngx Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ngx Energy competition to find correlations between indicators driving Ngx Energy's intrinsic value. More Info.
Ngx Energy International is rated # 4 in return on equity category among its peers. It is one of the top stocks in return on asset category among its peers . At this time, Ngx Energy's Return On Equity is fairly stable compared to the past year. 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 Ngx Energy's earnings, one of the primary drivers of an investment's value.
Ngx Energy International Systematic Risk
Ngx Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ngx 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Ngx Energy International correlated with the market. If Beta is less than 0 Ngx Energy generally moves in the opposite direction as compared to the market. If Ngx Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ngx Energy International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ngx Energy is generally in the same direction as the market. If Beta > 1 Ngx Energy moves generally in the same direction as, but more than the movement of the benchmark.
Ngx Energy International Total Assets Over Time
Today, most investors in Ngx Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ngx 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 Ngx Energy growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Ngx Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ngx Energy International. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ngx Energy International based on widely used predictive technical indicators. In general, we focus on analyzing Ngx Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ngx Energy's daily price indicators and compare them against related drivers.
When running Ngx Energy's price analysis, check to measure Ngx 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 Ngx Energy is operating at the current time. Most of Ngx Energy's value examination focuses on studying past and present price action to predict the probability of Ngx 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 Ngx Energy's price. Additionally, you may evaluate how the addition of Ngx Energy to your portfolios can decrease your overall portfolio volatility.