Source Energy Services Stock Analysis
| SHLE Stock | CAD 10.06 0.07 0.69% |
Source Energy Services is overvalued with Real Value of 8.45 and Hype Value of 10.06. The main objective of Source Energy stock analysis is to determine its intrinsic value, which is an estimate of what Source Energy Services is worth, separate from its market price. There are two main types of Source Energy's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Source Energy's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Source Energy's stock to identify patterns and trends that may indicate its future price movements.
The Source Energy stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Source Energy is usually not traded on Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day, Canada Day, Civic Holiday, Labour Day. Source Stock trading window is adjusted to America/Toronto timezone.
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Source Stock Analysis Notes
About 15.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.73. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Source Energy Services last dividend was issued on the 5th of January 2021. The entity had 1:12 split on the 5th of January 2021. Source Energy Services Ltd. produces, supplies, and distributes Northern White frac sand used primarily in oil and gas exploration and production in Western Canada and the United States. The company was founded in 2017 and is headquartered in Calgary, Canada. SOURCE ENERGY operates under Oil Gas Equipment Services classification in Canada and is traded on Toronto Stock Exchange. It employs 382 people. To find out more about Source Energy Services contact Scott Melbourn at 403-262-1312 or learn more at https://www.sourceenergyservices.com.Source Energy Services Investment Alerts
| Source Energy generated a negative expected return over the last 90 days | |
| Source Energy has high historical volatility and very poor performance |
Source Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 137.21 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Source Energy's market, we take the total number of its shares issued and multiply it by Source 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.Source Profitablity
Source Energy's profitability indicators refer to fundamental financial ratios that showcase Source Energy's ability to generate income relative to its revenue or operating costs. If, let's say, Source Energy is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Source Energy's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Source Energy's profitability requires more research than a typical breakdown of Source Energy's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.01 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.02 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.02. Technical Drivers
As of the 26th of March, Source Energy has the Risk Adjusted Performance of (0.15), variance of 11.24, and Coefficient Of Variation of (531.83). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Source Energy Services, as well as the relationship between them.Source Energy Services Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Source Energy middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Source Energy Services. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Source Energy Outstanding Bonds
Source Energy issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Source Energy Services uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Source bonds can be classified according to their maturity, which is the date when Source Energy Services has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Source Energy Predictive Daily Indicators
Source Energy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Source Energy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 931.72 | |||
| Daily Balance Of Power | (0.29) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 10.14 | |||
| Day Typical Price | 10.11 | |||
| Price Action Indicator | (0.11) | |||
| Period Momentum Indicator | (0.07) | |||
| Relative Strength Index | 37.29 |
Source Energy Forecast Models
Source Energy's time-series forecasting models are one of many Source 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 Source 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.About Source Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Source 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 Source 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 Source Energy. By using and applying Source Stock analysis, traders can create a robust methodology for identifying Source entry and exit points for their positions.
Source Energy Services Ltd. produces, supplies, and distributes Northern White frac sand used primarily in oil and gas exploration and production in Western Canada and the United States. The company was founded in 2017 and is headquartered in Calgary, Canada. SOURCE ENERGY operates under Oil Gas Equipment Services classification in Canada and is traded on Toronto Stock Exchange. It employs 382 people.
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Other Information on Investing in Source Stock
Source Energy financial ratios help investors to determine whether Source 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 Source with respect to the benefits of owning Source Energy security.