You can make use of Kelt Exploration fundamental data analysis to find out if markets are presently mispricing the entity. We were able to break down and interpolate thirty-four available fundamentals for Kelt Exploration, which can be compared to its peers in the industry. The stock experiences a normal downward trend and little activity. Check odds of Kelt Exploration to be traded at C$6.57 in 90 days. Key indicators impacting Kelt Exploration's financial strength include:
Kelt Exploration competes with NuVista Energy, Advantage Oil, Birchcliff Energy, and Cardinal Energy. Kelt Exploration Ltd., an oil and gas company, engages in the exploration, development, and production of crude oil and natural gas resources primarily in northwestern Alberta and northeastern British Columbia, Canada. Kelt Exploration Ltd. was incorporated in 2012 and is headquartered in Calgary, Canada. KELT EXPLORATION operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 94 people.
You should never invest in Kelt Exploration without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Kelt Stock, because this is throwing your money away. Analyzing the key information contained in Kelt Exploration's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Kelt Exploration Key Financial Ratios
Kelt Exploration's financial ratios allow both analysts and investors to convert raw data from Kelt Exploration's financial statements into concise, actionable information that can be used to evaluate the performance of Kelt Exploration over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Kelt Exploration's current stock value. Our valuation model uses many indicators to compare Kelt Exploration value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kelt Exploration competition to find correlations between indicators driving Kelt Exploration's intrinsic value. More Info.
Kelt Exploration is rated third overall in return on equity category among its peers. It also is rated third overall in return on asset category among its peers reporting about 0.73 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Kelt Exploration is roughly 1.37 . At this time, Kelt Exploration'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 Kelt Exploration by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Kelt Exploration'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.
Kelt Exploration Systematic Risk
Kelt Exploration's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Kelt Exploration 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 Kelt Exploration correlated with the market. If Beta is less than 0 Kelt Exploration generally moves in the opposite direction as compared to the market. If Kelt Exploration Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Kelt Exploration is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Kelt Exploration is generally in the same direction as the market. If Beta > 1 Kelt Exploration moves generally in the same direction as, but more than the movement of the benchmark.
Kelt Exploration Total Assets Over Time
Today, most investors in Kelt Exploration Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Kelt Exploration'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 Kelt Exploration growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Kelt Exploration help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Kelt Exploration. We use our internally-developed statistical techniques to arrive at the intrinsic value of Kelt Exploration based on widely used predictive technical indicators. In general, we focus on analyzing Kelt Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Kelt Exploration's daily price indicators and compare them against related drivers.
Kelt Exploration financial ratios help investors to determine whether Kelt 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 Kelt with respect to the benefits of owning Kelt Exploration security.