Reconnaissance Energy Financials
| RECAF Stock | USD 0.73 0.02 2.67% |
With this module, you can analyze Reconnaissance financials for your investing period. You should be able to track the changes in Reconnaissance Energy individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Reconnaissance |
The data published in Reconnaissance Energy's official financial statements typically reflect Reconnaissance Energy's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Reconnaissance Energy's quantitative information. For example, before you start analyzing numbers published by Reconnaissance accountants, it's essential to understand Reconnaissance Energy's liquidity, profitability, and earnings quality within the context of the Energy space in which it operates.
Reconnaissance Energy Stock Summary
Reconnaissance Energy competes with Permian Resources, Devon Energy, EOG Resources, Coterra Energy, and Diamondback Energy. Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in exploration and development of oil and gas potential in Namibia and Botswana. It holds a 90 percent interest in a petroleum exploration license that covers an area of approximately 25,341.33 km2 located in Namibia and 100 percent working interest in a petroleum license, which covers an area of 8,990 square km2 located in northwestern Botswana. Reconnaissance Energy is traded on OTC Exchange in the United States.| Instrument | USA OTC Stock View All |
| Exchange | OTCQX Exchange |
| ISIN | CA75624R1082 |
| Business Address | PO Box 48326 |
| Sector | Energy |
| Industry | Oil & Gas E&P |
| Benchmark | Dow Jones Industrial |
| Website | www.reconafrica.com |
| Phone | 604 423 5384 |
| Currency | USD - US Dollar |
Reconnaissance Energy Key Financial Ratios
There are many critical financial ratios that Reconnaissance Energy's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Reconnaissance Energy reports annually and quarterly.| Return On Equity | -0.5 | |||
| Return On Asset | -0.12 | |||
| Beta | 1.48 | |||
| Z Score | -3.3 |
Reconnaissance Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Reconnaissance Energy's current stock value. Our valuation model uses many indicators to compare Reconnaissance Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Reconnaissance Energy competition to find correlations between indicators driving Reconnaissance Energy's intrinsic value. More Info.Reconnaissance Energy Africa is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock 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 Reconnaissance Energy's earnings, one of the primary drivers of an investment's value.Reconnaissance Energy Systematic Risk
Reconnaissance Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Reconnaissance 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.
The output start index for this execution was fifty with a total number of output elements of eleven. The Beta measures systematic risk based on how returns on Reconnaissance Energy correlated with the market. If Beta is less than 0 Reconnaissance Energy generally moves in the opposite direction as compared to the market. If Reconnaissance Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Reconnaissance Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Reconnaissance Energy is generally in the same direction as the market. If Beta > 1 Reconnaissance Energy moves generally in the same direction as, but more than the movement of the benchmark.
Reconnaissance Energy December 18, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Reconnaissance Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Reconnaissance Energy Africa. We use our internally-developed statistical techniques to arrive at the intrinsic value of Reconnaissance Energy Africa based on widely used predictive technical indicators. In general, we focus on analyzing Reconnaissance OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Reconnaissance Energy's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.03 | |||
| Information Ratio | 0.0227 | |||
| Maximum Drawdown | 22.39 | |||
| Value At Risk | (4.11) | |||
| Potential Upside | 6.58 |
Complementary Tools for Reconnaissance OTC Stock analysis
When running Reconnaissance Energy's price analysis, check to measure Reconnaissance 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 Reconnaissance Energy is operating at the current time. Most of Reconnaissance Energy's value examination focuses on studying past and present price action to predict the probability of Reconnaissance 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 Reconnaissance Energy's price. Additionally, you may evaluate how the addition of Reconnaissance Energy to your portfolios can decrease your overall portfolio volatility.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Stocks Directory Find actively traded stocks across global markets | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |