CGX Energy Reports Q3 Financials and Board Updates - TipRanks
| CGXEF Stock | USD 0.12 0.02 20.00% |
Roughly 53% of CGX Energy's stockholders are presently thinking to get in. The analysis of overall sentiment of trading CGX Energy pink sheet suggests that some investors are interested at this time. The current market sentiment, together with CGX Energy's historical and current headlines, can help investors time the market. In addition, many technical investors use CGX Energy stock news signals to limit their universe of possible portfolio assets.
CGX Energy pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of CGX daily returns and investor perception about the current price of CGX Energy as well as its diversification or hedging effects on your existing portfolios.
CGX |
CGX Energy Reports Q3 Financials and Board Updates TipRanks
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CGX Energy Fundamental Analysis
We analyze CGX Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CGX Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CGX Energy 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.
Z Score
Z Score Comparative Analysis
CGX Energy is currently under evaluation in z score category among its peers. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
CGX Energy 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 CGX Energy pink sheet to make a market-neutral strategy. Peer analysis of CGX Energy could also be used in its relative valuation, which is a method of valuing CGX Energy by comparing valuation metrics with similar companies.
Peers
CGX Energy Related Equities
| PTHRF | Pantheon Resources | 8.89 | ||||
| RECAF | Reconnaissance Energy | 2.90 | ||||
| SEUSF | Sintana Energy | 3.57 | ||||
| DMEHF | Desert Mountain | 9.09 | ||||
| ECAOF | Eco (Atlantic) | 12.50 |
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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