Despite markets riding high, these 25 Nifty 500 stocks fell between 40-83 percent from their 52-week highs - MintGenie
| JRNGF Stock | USD 1.17 0.05 4.10% |
Roughly 61% of Journey Energy's investor base is looking to short. The analysis of current outlook of investing in Journey Energy suggests that many traders are alarmed regarding Journey Energy's prospects. The current market sentiment, together with Journey Energy's historical and current headlines, can help investors time the market. In addition, many technical investors use Journey Energy stock news signals to limit their universe of possible portfolio assets.
Journey Energy otc stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Journey daily returns and investor perception about the current price of Journey Energy as well as its diversification or hedging effects on your existing portfolios.
Journey |
Despite markets riding high, these 25 Nifty 500 stocks fell between 40-83 percent from their 52-week highs MintGenie
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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 otc stock, 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 otc 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
| YGRAF | Yangarra Resources | 4.29 | ||||
| ATHOF | Athabasca Oil | 1.22 | ||||
| TNEYF | Tamarack Valley | 0.66 | ||||
| KELTF | Kelt Exploration | 0.69 | ||||
| FECCF | Frontera Energy | 0.81 | ||||
| CDDRF | Headwater Exploration | 1.35 | ||||
| SPGYF | Whitecap Resources | 1.74 | ||||
| DALXF | Spartan Delta | 1.75 | ||||
| MEGEF | MEG Energy | 2.01 | ||||
| ECAOF | Eco (Atlantic) | 7.69 |
Complementary Tools for Journey OTC Stock analysis
When running Journey Energy's price analysis, check to measure Journey 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 Journey Energy is operating at the current time. Most of Journey Energy's value examination focuses on studying past and present price action to predict the probability of Journey 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 Journey Energy's price. Additionally, you may evaluate how the addition of Journey Energy to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |