Journey Energy Financials
| JRNGF Stock | USD 1.50 0.02 1.35% |
With this module, you can analyze Journey financials for your investing period. You should be able to track the changes in Journey Energy individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Journey |
Understanding current and past Journey Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Journey Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Journey Energy's assets may result in an increase in income on the income statement.
The data published in Journey Energy's official financial statements typically reflect Journey Energy's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Journey Energy's quantitative information. For example, before you start analyzing numbers published by Journey accountants, it's essential to understand Journey Energy's liquidity, profitability, and earnings quality within the context of the Oil, Gas & Consumable Fuels space in which it operates.
Journey Energy Stock Summary
Journey Energy competes with Frontera Energy, Eco (Atlantic), Tamarack Valley, Spartan Delta, and Yangarra Resources. Journey Energy Inc. engages in the exploration, development, and production of crude oil and natural gas in the province of Alberta, Canada. Journey Energy Inc. was founded in 2007 and is headquartered in Calgary, Canada. Journeyenergyinc operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.| Instrument | USA OTC Stock View All |
| Exchange | OTCQX Exchange |
| Business Address | 517-10th Avenue SW, |
| Sector | Oil, Gas & Consumable Fuels |
| Industry | Energy |
| Benchmark | Dow Jones Industrial |
| Website | www.journeyenergy.ca |
| Phone | 403 294 1635 |
| Currency | USD - US Dollar |
Journey Energy Key Financial Ratios
There are many critical financial ratios that Journey Energy's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Journey Energy reports annually and quarterly.Journey Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Journey Energy's current stock value. Our valuation model uses many indicators to compare Journey Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Journey Energy competition to find correlations between indicators driving Journey Energy's intrinsic value. More Info.Journey Energy is rated fourth overall in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.22 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Journey Energy is roughly 4.52 . 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 Journey Energy's earnings, one of the primary drivers of an investment's value.Journey Energy Systematic Risk
Journey Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Journey 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 Journey Energy correlated with the market. If Beta is less than 0 Journey Energy generally moves in the opposite direction as compared to the market. If Journey Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Journey Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Journey Energy is generally in the same direction as the market. If Beta > 1 Journey Energy moves generally in the same direction as, but more than the movement of the benchmark.
Journey Energy November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Journey Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Journey Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Journey Energy based on widely used predictive technical indicators. In general, we focus on analyzing Journey OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Journey Energy's daily price indicators and compare them against related drivers.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 11.67 | |||
| Value At Risk | (4.89) | |||
| Potential Upside | 3.7 |
Complementary Tools for Journey OTC Stock analysis
When running Journey Energy's price analysis, check to measure Journey 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 Journey Energy is operating at the current time. Most of Journey Energy's value examination focuses on studying past and present price action to predict the probability of Journey 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 Journey Energy's price. Additionally, you may evaluate how the addition of Journey Energy to your portfolios can decrease your overall portfolio volatility.
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