Niko Resources Financials

We recommend to make use of Niko Resources fundamental analysis to find out if markets are presently mispricing the entity. Strictly speaking this technique allows you to check out available financial ratios of Niko Resources as well as the relationship between them. We are able to interpolate and collect nineteen available fundamentals for Niko Resources, which can be compared to its peers in the industry.
  

Niko Resources Stock Summary

Niko Resources Ltd. engages in the exploration, development, and production of oil and natural gas primarily in India and Bangladesh. Niko Resources Ltd. was incorporated in 1987 and is headquartered in Calgary, Canada. NIKO RESOURCES is traded on OTC Exchange in the United States.
InstrumentUSA Pink Sheet View All
ExchangePINK Exchange
Business Address205-5th Avenue SW,
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.nikoresources.com
Phone403 262 1020
CurrencyUSD - US Dollar

Niko Resources Key Financial Ratios

There are many critical financial ratios that Niko Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Niko Resources reports annually and quarterly.

Niko Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Niko Resources's current stock value. Our valuation model uses many indicators to compare Niko Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Niko Resources competition to find correlations between indicators driving Niko Resources's intrinsic value. More Info.
Niko Resources is regarded second in return on asset category among its peers. It is rated below average in current valuation 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 Niko Resources' earnings, one of the primary drivers of an investment's value.

Niko Resources Systematic Risk

Niko Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Niko Resources 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.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Niko Resources correlated with the market. If Beta is less than 0 Niko Resources generally moves in the opposite direction as compared to the market. If Niko Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Niko Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Niko Resources is generally in the same direction as the market. If Beta > 1 Niko Resources moves generally in the same direction as, but more than the movement of the benchmark.

Complementary Tools for Niko Pink Sheet analysis

When running Niko Resources' price analysis, check to measure Niko Resources' 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 Niko Resources is operating at the current time. Most of Niko Resources' value examination focuses on studying past and present price action to predict the probability of Niko Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Niko Resources' price. Additionally, you may evaluate how the addition of Niko Resources to your portfolios can decrease your overall portfolio volatility.
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