Reconnaissance Energy Africa Stock Performance
| RECAF Stock | USD 0.73 0.02 2.67% |
Reconnaissance Energy has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 0.62, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Reconnaissance Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Reconnaissance Energy is expected to be smaller as well. Reconnaissance Energy right now holds a risk of 3.83%. Please check Reconnaissance Energy maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if Reconnaissance Energy will be following its historical price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Reconnaissance Energy Africa are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable basic indicators, Reconnaissance Energy is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 6.8 M | |
| Total Cashflows From Investing Activities | -21.3 M |
Reconnaissance |
Reconnaissance Energy Relative Risk vs. Return Landscape
If you would invest 72.00 in Reconnaissance Energy Africa on September 19, 2024 and sell it today you would earn a total of 1.00 from holding Reconnaissance Energy Africa or generate 1.39% return on investment over 90 days. Reconnaissance Energy Africa is currently producing 0.0915% returns and takes up 3.831% volatility of returns over 90 trading days. Put another way, 34% of traded otc stocks are less volatile than Reconnaissance, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Reconnaissance Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Reconnaissance Energy's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Reconnaissance Energy Africa, and traders can use it to determine the average amount a Reconnaissance Energy's 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 = 0.0239
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Estimated Market Risk
| 3.83 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Reconnaissance Energy is performing at about 1% of its full potential. 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 Reconnaissance Energy by adding it to a well-diversified portfolio.
Reconnaissance Energy Fundamentals Growth
Reconnaissance OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Reconnaissance Energy, and Reconnaissance Energy 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 Reconnaissance OTC Stock performance.
| Return On Equity | -0.5 | |||
| Return On Asset | -0.12 | |||
| Operating Margin | (5.18) % | |||
| Current Valuation | 165.31 M | |||
| Shares Outstanding | 201.62 M | |||
| Price To Book | 2.84 X | |||
| Price To Sales | 36.80 X | |||
| Revenue | 10.41 M | |||
| EBITDA | (259.53 M) | |||
| Cash And Equivalents | 92.51 M | |||
| Cash Per Share | 0.46 X | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.53 X | |||
| Cash Flow From Operations | (11.71 M) | |||
| Earnings Per Share | (1.16) X | |||
| Total Asset | 133.93 M | |||
About Reconnaissance Energy Performance
By analyzing Reconnaissance Energy's fundamental ratios, stakeholders can gain valuable insights into Reconnaissance Energy's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Reconnaissance Energy 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 Reconnaissance Energy has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about Reconnaissance Energy performance evaluation
Checking the ongoing alerts about Reconnaissance Energy for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Reconnaissance Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Reconnaissance Energy has some characteristics of a very speculative penny stock | |
| Reconnaissance Energy had very high historical volatility over the last 90 days | |
| Reconnaissance Energy has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 10.41 M. Net Loss for the year was (263.41 M) with profit before overhead, payroll, taxes, and interest of 195.99 K. | |
| Reconnaissance Energy Africa has accumulated about 92.51 M in cash with (11.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.46. |
- Analyzing Reconnaissance Energy's 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 Reconnaissance Energy's stock is overvalued or undervalued compared to its peers.
- Examining Reconnaissance Energy's 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 Reconnaissance Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Reconnaissance Energy's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Reconnaissance Energy's otc stock. These opinions can provide insight into Reconnaissance Energy's potential for growth and whether the stock is currently undervalued or overvalued.
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.
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