We were able to break down thirty-four available financial ratios for Orbit Garant Drilling, which can be compared to its competitors. The stock experiences an unexpected upward trend. Watch out for market signals. Check odds of Orbit Garant to be traded at C$1.428 in 90 days. Key indicators impacting Orbit Garant's financial strength include:
Orbit Garant competes with Foraco International, Geodrill, Major Drilling, Mccoy Global, and Bri Chem. Orbit Garant Drilling Inc. provides mineral drilling services in Canada, the United States, South America, and West Africa. Orbit Garant Drilling Inc. was founded in 1965 and is headquartered in Val-dOr, Canada. ORBIT GARANT operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange. It employs 1116 people.
You should never invest in Orbit Garant without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Orbit Stock, because this is throwing your money away. Analyzing the key information contained in Orbit Garant's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Orbit Garant Key Financial Ratios
Orbit Garant's financial ratios allow both analysts and investors to convert raw data from Orbit Garant's financial statements into concise, actionable information that can be used to evaluate the performance of Orbit Garant over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Orbit Garant's current stock value. Our valuation model uses many indicators to compare Orbit Garant value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Orbit Garant competition to find correlations between indicators driving Orbit Garant's intrinsic value. More Info.
Orbit Garant Drilling is regarded fourth in return on equity category among its peers. It also is regarded fourth in return on asset category among its peers reporting about 0.70 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Orbit Garant Drilling is roughly 1.43 . At this time, Orbit Garant'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 Orbit Garant by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Orbit Garant'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.
Orbit Garant Drilling Systematic Risk
Orbit Garant's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Orbit Garant 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Orbit Garant Drilling correlated with the market. If Beta is less than 0 Orbit Garant generally moves in the opposite direction as compared to the market. If Orbit Garant Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Orbit Garant Drilling is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Orbit Garant is generally in the same direction as the market. If Beta > 1 Orbit Garant moves generally in the same direction as, but more than the movement of the benchmark.
Orbit Garant Drilling Total Assets Over Time
Orbit Garant Thematic Clasifications
Orbit Garant Drilling is part of Oil And Gas investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Oil And Gas drilling, production, pipelines, and equipment. Companies involved in drilling, production, and distribution of oil and gas pipelines
This theme covers Oil And Gas drilling, production, pipelines, and equipment. Companies involved in drilling, production, and distribution of oil and gas pipelines. Get More Thematic Ideas
Today, most investors in Orbit Garant Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Orbit Garant'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 Orbit Garant growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Orbit Garant help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Orbit Garant Drilling. We use our internally-developed statistical techniques to arrive at the intrinsic value of Orbit Garant Drilling based on widely used predictive technical indicators. In general, we focus on analyzing Orbit Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Orbit Garant's daily price indicators and compare them against related drivers.
Orbit Garant financial ratios help investors to determine whether Orbit 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 Orbit with respect to the benefits of owning Orbit Garant security.