Short Interest in Africa Oil Corp. Grows By 10.3 percent - MarketBeat
| AOI Stock | CAD 1.97 0.01 0.51% |
About 53% of Africa Oil's investor base is interested to short. The analysis of current outlook of investing in Africa Oil Corp suggests that many traders are impartial regarding Africa Oil's prospects. Africa Oil's investing sentiment overview a quick insight into current market opportunities from investing in Africa Oil Corp. Many technical investors use Africa Oil Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Africa |
Short Interest in Africa Oil Corp. Grows By 10.3 MarketBeat
Read at news.google.com
 |
Africa Oil Fundamental Analysis
We analyze Africa Oil'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 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.
Price To Book
Price To Book Comparative Analysis
Africa Oil is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Africa Oil Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Africa Oil stock to make a market-neutral strategy. Peer analysis of Africa Oil could also be used in its relative valuation, which is a method of valuing Africa Oil by comparing valuation metrics with similar companies.
Peers
Africa Oil Related Equities
| GXE | Gear Energy | 1.89 | ||||
| FEC | Frontera Energy | 1.24 | ||||
| JOY | Journey Energy | 0.94 | ||||
| IPCO | International Petroleum | 0.19 | ||||
| HWX | Headwater Exploration | 0.15 |
Other Information on Investing in Africa Stock
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.