2024 TSX30 Companies Open the Market - Marketscreener.com
| ATH Stock | CAD 4.73 0.08 1.72% |
About 53% of Athabasca Oil's investors are presently thinking to get in. The current sentiment of investing in Athabasca Oil Corp suggests that some traders are interested. Athabasca Oil's investing sentiment overview a quick insight into current market opportunities from investing in Athabasca Oil Corp. Many technical investors use Athabasca Oil Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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2024 TSX30 Companies Open the Market Marketscreener.com
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Athabasca Oil Fundamental Analysis
We analyze Athabasca Oil's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Athabasca Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Athabasca 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.
Earnings Per Share
Earnings Per Share Comparative Analysis
Athabasca Oil is currently under evaluation in earnings per share category among its peers. Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Athabasca 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 Athabasca Oil stock to make a market-neutral strategy. Peer analysis of Athabasca Oil could also be used in its relative valuation, which is a method of valuing Athabasca Oil by comparing valuation metrics with similar companies.
Peers
Athabasca Oil Related Equities
| BTE | Baytex Energy | 3.14 | ||||
| WCP | Whitecap Resources | 1.42 | ||||
| MEG | MEG Energy | 0.48 | ||||
| CJ | Cardinal Energy | 0.46 | ||||
| TVE | Tamarack Valley | 0.23 |
Other Information on Investing in Athabasca Stock
Athabasca Oil financial ratios help investors to determine whether Athabasca 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 Athabasca with respect to the benefits of owning Athabasca Oil security.