Reconnaissance Energy Africa Stock Analysis

Reconnaissance OTC Stock Analysis Notes

The book value of the company was at this time reported as 0.53. The company recorded a loss per share of 1.16. Reconnaissance Energy last dividend was issued on the 6th of September 2019. The entity had 1:2 split on the 6th of September 2019. 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.The quote for Reconnaissance Energy Africa is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To find out more about Reconnaissance Energy Africa contact the company at 604 423 5384 or learn more at https://www.reconafrica.com.

Reconnaissance Energy Investment Alerts

Reconnaissance Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 312.51 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Reconnaissance Energy's market, we take the total number of its shares issued and multiply it by Reconnaissance Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 18th of December 2024, Reconnaissance Energy holds the Semi Deviation of 2.5, risk adjusted performance of 0.0375, and Coefficient Of Variation of 2466.62. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Reconnaissance Energy, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Reconnaissance Energy, which can be compared to its competitors. Please check Reconnaissance Energy coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Reconnaissance Energy is priced some-what accurately, providing market reflects its current price of 0.73 per share. As Reconnaissance Energy is a penny stock we also suggest to check out its total risk alpha numbers.

Reconnaissance Energy Price Movement Analysis

Reconnaissance Energy Outstanding Bonds

Reconnaissance Energy Predictive Daily Indicators

Reconnaissance Energy Forecast Models

Reconnaissance Energy's time-series forecasting models are one of many Reconnaissance Energy's otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Reconnaissance Energy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Reconnaissance Energy prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Reconnaissance shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as Reconnaissance Energy. By using and applying Reconnaissance OTC Stock analysis, traders can create a robust methodology for identifying Reconnaissance entry and exit points for their positions.

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.