Please exercise analysis of Surge Energy fundamentals to determine if markets are correctly pricing the firm. We have analyzed and interpolated thirty-eight available drivers for Surge Energy, which can be compared to its competition. The stock experiences a large bullish trend. Check odds of Surge Energy to be traded at C$6.44 in 90 days. Key indicators impacting Surge Energy's financial strength include:
Surge Energy competes with Whitecap Resources, Cardinal Energy, Athabasca Oil, Tamarack Valley, and Birchcliff Energy. Surge Energy Inc. explores for, develops, and produces oil and gas in western Canada. Surge Energy Inc. was incorporated in 1998 and is headquartered in Calgary, Canada. SURGE ENERGY operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 76 people.
You should never invest in Surge Energy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Surge Stock, because this is throwing your money away. Analyzing the key information contained in Surge Energy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Surge Energy Key Financial Ratios
Surge Energy's financial ratios allow both analysts and investors to convert raw data from Surge Energy's financial statements into concise, actionable information that can be used to evaluate the performance of Surge Energy over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Surge Energy's current stock value. Our valuation model uses many indicators to compare Surge Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Surge Energy competition to find correlations between indicators driving Surge Energy's intrinsic value. More Info.
Surge Energy is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, Surge 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 Surge Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Surge 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.
Surge Energy Systematic Risk
Surge Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Surge 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Surge Energy correlated with the market. If Beta is less than 0 Surge Energy generally moves in the opposite direction as compared to the market. If Surge Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Surge Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Surge Energy is generally in the same direction as the market. If Beta > 1 Surge Energy moves generally in the same direction as, but more than the movement of the benchmark.
Surge Energy Total Assets Over Time
Today, most investors in Surge Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Surge 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 Surge Energy growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Surge Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Surge Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Surge Energy based on widely used predictive technical indicators. In general, we focus on analyzing Surge Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Surge Energy's daily price indicators and compare them against related drivers.
Surge Energy financial ratios help investors to determine whether Surge 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 Surge with respect to the benefits of owning Surge Energy security.