Canadian Overseas Petroleum Performance
| VELXFDelisted Stock | USD 0.02 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Canadian Overseas' returns are expected to increase less than the market. However, during the bear market, the loss of holding Canadian Overseas is expected to be smaller as well. Canadian Overseas right now shows a risk of 0.0%. Please confirm Canadian Overseas jensen alpha and kurtosis , to decide if Canadian Overseas will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Canadian Overseas Petroleum has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Canadian Overseas is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 1.4 M | |
| Total Cashflows From Investing Activities | -58.7 M |
Canadian |
Canadian Overseas Relative Risk vs. Return Landscape
If you would invest 2.30 in Canadian Overseas Petroleum on September 17, 2024 and sell it today you would earn a total of 0.00 from holding Canadian Overseas Petroleum or generate 0.0% return on investment over 90 days. Canadian Overseas Petroleum is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than Canadian, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Canadian Overseas Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canadian Overseas' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Canadian Overseas Petroleum, and traders can use it to determine the average amount a Canadian Overseas' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Canadian Overseas is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Canadian Overseas by adding Canadian Overseas to a well-diversified portfolio.
Canadian Overseas Fundamentals Growth
Canadian Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Canadian Overseas, and Canadian Overseas fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Canadian Pink Sheet performance.
| Return On Equity | -0.56 | |||
| Return On Asset | -0.0753 | |||
| Profit Margin | (0.79) % | |||
| Operating Margin | (0.51) % | |||
| Current Valuation | 79.64 M | |||
| Shares Outstanding | 277.86 M | |||
| Price To Earning | (2.54) X | |||
| Price To Book | 1.15 X | |||
| Price To Sales | 1.82 X | |||
| Revenue | 15 M | |||
| EBITDA | (3.79 M) | |||
| Cash And Equivalents | 11.53 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 34.66 M | |||
| Debt To Equity | 1.06 % | |||
| Book Value Per Share | 0.14 X | |||
| Cash Flow From Operations | (7.76 M) | |||
| Earnings Per Share | (0.08) X | |||
| Total Asset | 98.78 M | |||
About Canadian Overseas Performance
By analyzing Canadian Overseas' fundamental ratios, stakeholders can gain valuable insights into Canadian Overseas' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Canadian Overseas has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Canadian Overseas has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Canadian Overseas Petroleum Limited, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of oil and natural gas offshore reserves in Africa. The company was formerly known as Velo Energy Inc. and changed its name to Canadian Overseas Petroleum Limited in July 2010. Canadian Overseas operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.Things to note about Canadian Overseas performance evaluation
Checking the ongoing alerts about Canadian Overseas for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Canadian Overseas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Canadian Overseas is not yet fully synchronised with the market data | |
| Canadian Overseas has some characteristics of a very speculative penny stock | |
| Canadian Overseas has a very high chance of going through financial distress in the upcoming years | |
| Canadian Overseas Petroleum has accumulated 34.66 M in total debt with debt to equity ratio (D/E) of 1.06, which is about average as compared to similar companies. Canadian Overseas has a current ratio of 0.79, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Canadian Overseas until it has trouble settling it off, either with new capital or with free cash flow. So, Canadian Overseas' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canadian Overseas sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canadian to invest in growth at high rates of return. When we think about Canadian Overseas' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 15 M. Net Loss for the year was (13.54 M) with profit before overhead, payroll, taxes, and interest of 12.8 M. | |
| Canadian Overseas Petroleum has accumulated about 11.53 M in cash with (7.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Canadian Overseas' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Canadian Overseas' stock is overvalued or undervalued compared to its peers.
- Examining Canadian Overseas' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Canadian Overseas' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Canadian Overseas' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Canadian Overseas' pink sheet. These opinions can provide insight into Canadian Overseas' potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Other Consideration for investing in Canadian Pink Sheet
If you are still planning to invest in Canadian Overseas check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Canadian Overseas' history and understand the potential risks before investing.
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