Africa Oil Corp Stock One Year Return

Understanding the fundamental principles of building solid financial models for Africa Oil is extremely important. It helps to project a fair market value of Africa Stock properly, considering its historical fundamentals such as One Year Return. Since Africa Oil's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Africa Oil's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Africa Oil's interrelated accounts and indicators.

Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

Based on the recorded statements, Africa Oil Corp has an One Year Return of 0.0%. This indicator is about the same for the Oil, Gas & Consumable Fuels average (which is currently at 0.0) sector and about the same as Energy (which currently averages 0.0) industry. This indicator is about the same for all Canada stocks average (which is currently at 0.0).

We derive many important indicators used in calculating different scores of Africa Oil from analyzing Africa Oil's financial statements. These drivers represent accounts that assess Africa Oil's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Africa Oil's important valuation drivers and their relationship over time.

The Macroaxis Fundamental Analysis modules help investors analyze Africa Oil Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Africa Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Africa Oil Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Africa Oil financial ratios help investors to determine whether Africa 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 Africa with respect to the benefits of owning Africa Oil security.