Cgx Energy Stock Analysis

CGX Stock Analysis Notes

The company has price-to-book ratio of 0.57. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. CGX Energy recorded a loss per share of 0.01. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 11th of July 2013. CGX Energy Inc., an oil and gas exploration company, explores and evaluates petroleum and natural gas properties in Guyana, South America. The company was founded in 1998 and is headquartered in Toronto, Canada. CGX ENERGY operates under Oil Gas EP classification in Canada and is traded on TSX Venture Exchange. To find out more about CGX Energy contact the company at 416 364 5569 or learn more at https://www.cgxenergy.com.

CGX Energy Investment Alerts

CGX Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 50.78 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CGX Energy's market, we take the total number of its shares issued and multiply it by CGX Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

CGX Profitablity

Management Efficiency

CGX Energy has return on total asset (ROA) of (0.0213) % which means that it has lost $0.0213 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0479) %, meaning that it generated substantial loss on money invested by shareholders. CGX Energy's management efficiency ratios could be used to measure how well CGX Energy manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.04 in 2025. Return On Capital Employed is likely to climb to -0.06 in 2025. At this time, CGX Energy's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 92.1 M in 2025, whereas Return On Tangible Assets are likely to drop (0.04) in 2025.

Technical Drivers

As of the 7th of January, CGX Energy shows the risk adjusted performance of 0.0485, and Mean Deviation of 4.25. Relative to fundamental indicators, the technical analysis model gives you tools to check practical technical drivers of CGX Energy, as well as the relationship between them. Please confirm CGX Energy downside deviation and the relationship between the information ratio and expected short fall to decide if CGX Energy is priced some-what accurately, providing market reflects its regular price of 0.14 per share.

CGX Energy Price Movement Analysis

CGX Energy Outstanding Bonds

CGX Energy Predictive Daily Indicators

CGX Energy Forecast Models

CGX Energy's time-series forecasting models are one of many CGX Energy's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary CGX Energy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how CGX Energy prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling CGX shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as CGX Energy. By using and applying CGX Stock analysis, traders can create a robust methodology for identifying CGX entry and exit points for their positions.

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.