Surge Energy Stock Performance
| SGY Stock | CAD 5.85 0.11 1.92% |
On a scale of 0 to 100, Surge Energy holds a performance score of 9. The entity has a beta of -0.87, which indicates possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Surge Energy are expected to decrease slowly. On the other hand, during market turmoil, Surge Energy is expected to outperform it slightly. Please check Surge Energy's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Surge Energy's existing price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Surge Energy are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Surge Energy displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
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Surge Energy Relative Risk vs. Return Landscape
If you would invest 504.00 in Surge Energy on December 20, 2024 and sell it today you would earn a total of 81.00 from holding Surge Energy or generate 16.07% return on investment over 90 days. Surge Energy is generating 0.2715% of daily returns assuming 2.3362% volatility of returns over the 90 days investment horizon. Simply put, 20% of all stocks have less volatile historical return distribution than Surge Energy, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Surge Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Surge Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Surge Energy, and traders can use it to determine the average amount a Surge Energy's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1162
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Estimated Market Risk
| 2.34 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Surge Energy is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Surge Energy by adding it to a well-diversified portfolio.
Surge Energy Fundamentals Growth
Surge Stock prices reflect investors' perceptions of the future prospects and financial health of Surge Energy, and Surge Energy fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Surge Stock performance.
| Return On Equity | -0.0679 | |||
| Return On Asset | 0.0077 | |||
| Profit Margin | (0.1) % | |||
| Operating Margin | (0.56) % | |||
| Current Valuation | 784.86 M | |||
| Shares Outstanding | 99.7 M | |||
| Price To Earning | 11.44 X | |||
| Price To Book | 0.76 X | |||
| Price To Sales | 1.05 X | |||
| Revenue | 665.29 M | |||
| EBITDA | 304.11 M | |||
| Cash Per Share | 2.26 X | |||
| Total Debt | 715 K | |||
| Debt To Equity | 0.51 % | |||
| Book Value Per Share | 7.36 X | |||
| Cash Flow From Operations | 278.65 M | |||
| Earnings Per Share | (0.53) X | |||
| Total Asset | 1.37 B | |||
| Retained Earnings | (1.12 B) | |||
| Current Asset | 30.65 M | |||
| Current Liabilities | 47.44 M | |||
About Surge Energy Performance
By examining Surge Energy's fundamental ratios, stakeholders can obtain critical insights into Surge Energy's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Surge Energy is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Surge Energy Inc. explores for, develops, and produces oil and gas in western Canada. Surge Energy Inc. was incorporated in 1998 and is headquartered in Calgary, Canada. SURGE ENERGY operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 76 people.Things to note about Surge Energy performance evaluation
Checking the ongoing alerts about Surge Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Surge Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Surge Energy has accumulated 715 K in total debt with debt to equity ratio (D/E) of 0.51, which is about average as compared to similar companies. Surge Energy has a current ratio of 0.38, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Surge Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Surge Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Surge Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Surge to invest in growth at high rates of return. When we think about Surge Energy's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 665.29 M. Net Loss for the year was (53.72 M) with profit before overhead, payroll, taxes, and interest of 348.31 M. |
- Analyzing Surge Energy's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Surge Energy's stock is overvalued or undervalued compared to its peers.
- Examining Surge Energy's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Surge Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Surge Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Surge Energy's stock. These opinions can provide insight into Surge Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Surge Stock
Surge Energy financial ratios help investors to determine whether Surge 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 Surge with respect to the benefits of owning Surge Energy security.