Obsidian Energys SWOT analysis innovative drilling boosts stock outlook - Investing.com
| OBE Stock | CAD 7.66 0.05 0.65% |
About 61% of Obsidian Energy's investor base is looking to short. The current sentiment of investing in Obsidian Energy suggests that many traders are alarmed. Obsidian Energy's investing sentiment overview a quick insight into current market opportunities from investing in Obsidian Energy. Many technical investors use Obsidian Energy stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Obsidian Energys SWOT analysis innovative drilling boosts stock outlook Investing.com
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Obsidian Energy Fundamental Analysis
We analyze Obsidian Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Obsidian Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Obsidian 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.
Net Income
Net Income Comparative Analysis
Obsidian Energy is considered to be number one stock in net income category among its peers. Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Obsidian 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 Obsidian Energy stock to make a market-neutral strategy. Peer analysis of Obsidian Energy could also be used in its relative valuation, which is a method of valuing Obsidian Energy by comparing valuation metrics with similar companies.
Peers
Obsidian Energy Related Equities
| YGR | Yangarra Resources | 3.03 | ||||
| OBE | Obsidian Energy | 0.65 | ||||
| PNE | Pine Cliff | 1.15 | ||||
| JOY | Journey Energy | 2.49 |
Check out Obsidian Energy Hype Analysis, Obsidian Energy Correlation and Obsidian Energy Performance. To learn how to invest in Obsidian Stock, please use our How to Invest in Obsidian Energy guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.