Cgx Energy Stock Performance
| CGXEF Stock | USD 0.09 0.01 10.00% |
The firm shows a Beta (market volatility) of 1.33, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, CGX Energy will likely underperform. At this point, CGX Energy has a negative expected return of -0.034%. Please make sure to confirm CGX Energy's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if CGX Energy performance from the past will be repeated at future time.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days CGX Energy has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable technical and fundamental indicators, CGX Energy is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 11.8 M | |
| Total Cashflows From Investing Activities | -56.7 M |
CGX |
CGX Energy Relative Risk vs. Return Landscape
If you would invest 11.00 in CGX Energy on December 17, 2024 and sell it today you would lose (2.00) from holding CGX Energy or give up 18.18% of portfolio value over 90 days. CGX Energy is currently producing negative expected returns and takes up 7.8605% volatility of returns over 90 trading days. Put another way, 70% of traded pink sheets are less volatile than CGX, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
CGX Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CGX Energy's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as CGX Energy, and traders can use it to determine the average amount a CGX Energy's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0043
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| Negative Returns | CGXEF |
Estimated Market Risk
| 7.86 actual daily | 70 70% of assets are less volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CGX Energy is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of CGX Energy by adding CGX Energy to a well-diversified portfolio.
CGX Energy Fundamentals Growth
CGX Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of CGX Energy, and CGX Energy fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on CGX Pink Sheet performance.
| Return On Equity | -0.42 | |||
| Return On Asset | -0.0581 | |||
| Current Valuation | 302.01 M | |||
| Shares Outstanding | 334.51 M | |||
| Price To Earning | 144.80 X | |||
| Price To Book | 3.91 X | |||
| EBITDA | (10.76 M) | |||
| Cash And Equivalents | 10.41 M | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 52.31 M | |||
| Debt To Equity | 0.79 % | |||
| Book Value Per Share | 0.20 X | |||
| Cash Flow From Operations | (16.08 M) | |||
| Earnings Per Share | (0.04) X | |||
| Total Asset | 134.06 M | |||
About CGX Energy Performance
By analyzing CGX Energy's fundamental ratios, stakeholders can gain valuable insights into CGX Energy's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if CGX Energy has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if CGX Energy has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
CGX Energy Inc., an oil and gas exploration company, explores for and evaluates petroleum and natural gas properties in Guyana, South America. CGX Energy Inc. was incorporated in 1998 and is headquartered in Toronto, Canada. Cgx Energy operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.Things to note about CGX Energy performance evaluation
Checking the ongoing alerts about CGX Energy for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for CGX Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| CGX Energy generated a negative expected return over the last 90 days | |
| CGX Energy has high historical volatility and very poor performance | |
| CGX Energy has some characteristics of a very speculative penny stock | |
| CGX Energy has accumulated 52.31 M in total debt with debt to equity ratio (D/E) of 0.79, which is about average as compared to similar companies. CGX Energy has a current ratio of 0.15, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist CGX Energy until it has trouble settling it off, either with new capital or with free cash flow. So, CGX Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like CGX Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CGX to invest in growth at high rates of return. When we think about CGX Energy's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (12.69 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| CGX Energy has accumulated about 10.41 M in cash with (16.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 90.0% of CGX Energy shares are held by company insiders |
- Analyzing CGX Energy's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether CGX Energy's stock is overvalued or undervalued compared to its peers.
- Examining CGX Energy's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating CGX Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of CGX Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of CGX Energy's pink sheet. These opinions can provide insight into CGX Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for CGX Pink Sheet analysis
When running CGX Energy's price analysis, check to measure CGX 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 CGX Energy is operating at the current time. Most of CGX Energy's value examination focuses on studying past and present price action to predict the probability of CGX 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 CGX Energy's price. Additionally, you may evaluate how the addition of CGX Energy to your portfolios can decrease your overall portfolio volatility.
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