You can utilize fundamental analysis to find out if Peyto ExplorationDevel is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We have analyzed and interpolated thirty-eight available financial ratios for Peyto ExplorationDevel, which can be compared to its competitors. The stock experiences a normal downward trend and little activity. Check odds of Peyto ExplorationDevel to be traded at C$16.15 in 90 days. Key indicators impacting Peyto ExplorationDevel's financial strength include:
Peyto ExplorationDevel competes with Birchcliff Energy, Tourmaline Oil, ARC Resources, Whitecap Resources, and Freehold Royalties. Peyto Exploration Development Corp., an energy company, engages in the acquisition, exploration, development, and production of oil and natural gas, and natural gas liquids in Deep Basin of Alberta. Peyto Exploration Development Corp. was founded in 1998 and is headquartered in Calgary, Canada. PEYTO EXPLORATION operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange.
You should never invest in Peyto ExplorationDevel without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Peyto Stock, because this is throwing your money away. Analyzing the key information contained in Peyto ExplorationDevel's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Peyto ExplorationDevel Key Financial Ratios
Peyto ExplorationDevel's financial ratios allow both analysts and investors to convert raw data from Peyto ExplorationDevel's financial statements into concise, actionable information that can be used to evaluate the performance of Peyto ExplorationDevel over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Peyto ExplorationDevel's current stock value. Our valuation model uses many indicators to compare Peyto ExplorationDevel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Peyto ExplorationDevel competition to find correlations between indicators driving Peyto ExplorationDevel's intrinsic value. More Info.
Peyto ExplorationDevelopment Corp is regarded fourth in return on equity category among its peers. It also is regarded fourth in return on asset category among its peers reporting about 0.54 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Peyto ExplorationDevelopment Corp is roughly 1.85 . At this time, Peyto ExplorationDevel's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Peyto ExplorationDevel by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Peyto ExplorationDevel's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
Peyto ExplorationDevel Systematic Risk
Peyto ExplorationDevel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Peyto ExplorationDevel 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 output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Peyto ExplorationDevel correlated with the market. If Beta is less than 0 Peyto ExplorationDevel generally moves in the opposite direction as compared to the market. If Peyto ExplorationDevel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Peyto ExplorationDevel is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Peyto ExplorationDevel is generally in the same direction as the market. If Beta > 1 Peyto ExplorationDevel moves generally in the same direction as, but more than the movement of the benchmark.
Peyto ExplorationDevelopment Corp Total Assets Over Time
Today, most investors in Peyto ExplorationDevel Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Peyto ExplorationDevel's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Peyto ExplorationDevel growth as a starting point in their analysis.
Peyto ExplorationDevel December 11, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Peyto ExplorationDevel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Peyto ExplorationDevelopment Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Peyto ExplorationDevelopment Corp based on widely used predictive technical indicators. In general, we focus on analyzing Peyto Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Peyto ExplorationDevel's daily price indicators and compare them against related drivers.
Peyto ExplorationDevel financial ratios help investors to determine whether Peyto 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 Peyto with respect to the benefits of owning Peyto ExplorationDevel security.