88 Energy Financials
| EEENF Stock | USD 0 0.0001 9.09% |
EEENF |
Understanding current and past 88 Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of 88 Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in 88 Energy's assets may result in an increase in income on the income statement.
88 Energy Stock Summary
88 Energy competes with Sintana Energy, Journey Energy, and Saturn Oil. 88 Energy Limited explores for oil and gas properties in the United States. The company was formerly known as Tangiers Petroleum Limited and changed its name to 88 Energy Limited in February 2015. 88 Energy Limited was incorporated in 1996 and is based in Subiaco, Australia. 88 Energy operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 10 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 516 Hay Street, |
| Sector | Energy |
| Industry | Oil & Gas E&P |
| Benchmark | Dow Jones Industrial |
| Website | www.88energy.com |
| Phone | 61 8 9485 0990 |
| Currency | USD - US Dollar |
88 Energy Key Financial Ratios
There are many critical financial ratios that 88 Energy's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that 88 Energy Limited reports annually and quarterly.EEENF Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining 88 Energy's current stock value. Our valuation model uses many indicators to compare 88 Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across 88 Energy competition to find correlations between indicators driving 88 Energy's intrinsic value. More Info.88 Energy Limited is rated below average in return on equity category among its peers. It is rated # 3 in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the 88 Energy's earnings, one of the primary drivers of an investment's value.88 Energy Limited Systematic Risk
88 Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. 88 Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on 88 Energy Limited correlated with the market. If Beta is less than 0 88 Energy generally moves in the opposite direction as compared to the market. If 88 Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one 88 Energy Limited is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of 88 Energy is generally in the same direction as the market. If Beta > 1 88 Energy moves generally in the same direction as, but more than the movement of the benchmark.
88 Energy December 17, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of 88 Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of 88 Energy Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of 88 Energy Limited based on widely used predictive technical indicators. In general, we focus on analyzing EEENF Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build 88 Energy's daily price indicators and compare them against related drivers.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 29.67 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 9.09 |
Complementary Tools for EEENF Pink Sheet analysis
When running 88 Energy's price analysis, check to measure 88 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 88 Energy is operating at the current time. Most of 88 Energy's value examination focuses on studying past and present price action to predict the probability of 88 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 88 Energy's price. Additionally, you may evaluate how the addition of 88 Energy to your portfolios can decrease your overall portfolio volatility.
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