Aaron P. Bell Acquires 5,000 Shares of Journey Energy Inc. Stock - MarketBeat
| JOY Stock | CAD 1.46 0.09 5.81% |
About 62% of Journey Energy's investor base is looking to short. The current sentiment of investing in Journey Energy suggests that many traders are alarmed. Journey Energy's investing sentiment overview a quick insight into current market opportunities from investing in Journey Energy. Many technical investors use Journey Energy stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Journey |
Aaron P. Bell Acquires 5,000 Shares of Journey Energy Inc. Stock MarketBeat
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Journey Energy Fundamental Analysis
We analyze Journey Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Journey Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Journey 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.
Current Valuation
Current Valuation Comparative Analysis
Journey Energy is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Journey 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 Journey Energy stock to make a market-neutral strategy. Peer analysis of Journey Energy could also be used in its relative valuation, which is a method of valuing Journey Energy by comparing valuation metrics with similar companies.
Peers
Journey Energy Related Equities
| PNE | Pine Cliff | 1.28 | ||||
| CJ | Cardinal Energy | 0.33 | ||||
| HWX | Headwater Exploration | 1.51 | ||||
| IPO | InPlay Oil | 5.59 |
Other Information on Investing in Journey Stock
Journey Energy financial ratios help investors to determine whether Journey 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 Journey with respect to the benefits of owning Journey Energy security.