Chevron Announces US6.5 bn Sale of Its Interests in the Athabasca Oil Sands Project and Duvernay Shale - Business Wire
| ATH Stock | CAD 5.00 0.07 1.38% |
About 62% of Athabasca Oil's investor base is looking to short. The current sentiment of investing in Athabasca Oil Corp suggests that many traders are alarmed. Athabasca Oil's investing sentiment overview a quick insight into current market opportunities from investing in Athabasca Oil Corp. Many technical investors use Athabasca Oil Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Athabasca |
Chevron Announces US6.5 bn Sale of Its Interests in the Athabasca Oil Sands Project and Duvernay Shale Business Wire
Read at news.google.com
 |
Athabasca Oil Fundamental Analysis
We analyze Athabasca Oil's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Athabasca Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Athabasca Oil based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Book Value Per Share
Book Value Per Share Comparative Analysis
Athabasca Oil is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Athabasca Oil Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Athabasca Oil stock to make a market-neutral strategy. Peer analysis of Athabasca Oil could also be used in its relative valuation, which is a method of valuing Athabasca Oil by comparing valuation metrics with similar companies.
Peers
Athabasca Oil Related Equities
| MEG | MEG Energy | 0.76 |
| ||
| WCP | Whitecap Resources | 1.21 |
| ||
| BTE | Baytex Energy | 1.66 |
| ||
| CJ | Cardinal Energy | 2.00 |
| ||
| TVE | Tamarack Valley | 2.44 |
|
Other Information on Investing in Athabasca Stock
Athabasca Oil financial ratios help investors to determine whether Athabasca 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 Athabasca with respect to the benefits of owning Athabasca Oil security.