Journey Energy Stock Buy Hold or Sell Recommendation
| JOY Stock | CAD 3.61 0.04 1.12% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Journey Energy is 'Cautious Hold'. Macroaxis provides Journey Energy buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding JOY positions. The advice algorithm takes into account all of Journey Energy's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Journey Energy's buy or sell advice are summarized below:
Real Value 3.58 | Hype Value 3.61 | Market Value 3.61 | Naive Value 3.53 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Journey Energy given historical horizon and risk tolerance towards Journey Energy. When Macroaxis issues a 'buy' or 'sell' recommendation for Journey Energy, the advice is generated through an automated system that utilizes algorithms and statistical models.
Journey |
Execute Journey Energy Buy or Sell Advice
The Journey recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Journey Energy. Macroaxis does not own or have any residual interests in Journey Energy or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Journey Energy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Weak | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Journey Energy Trading Alerts and Improvement Suggestions
| Journey Energy had very high historical volatility over the last 90 days | |
| Journey Energy has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 50.31 M in total debt with debt to equity ratio (D/E) of 305.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Journey Energy has a current ratio of 0.18, 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 Journey Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Journey Energy's 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 Journey Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Journey to invest in growth at high rates of return. When we think about Journey Energy's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: Journey Energy Stock Crosses Below 200 Day Moving Average of 4.04 - MarketBeat |
Journey Energy Returns Distribution Density
The distribution of Journey Energy's historical returns is an attempt to chart the uncertainty of Journey Energy's future price movements. The chart of the probability distribution of Journey Energy daily returns describes the distribution of returns around its average expected value. We use Journey Energy price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Journey Energy returns is essential to provide solid investment advice for Journey Energy.
| Mean Return | 0.09 | Value At Risk | -4.24 | Potential Upside | 4.99 | Standard Deviation | 3.22 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Journey Energy historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Journey Energy Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Journey Energy or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Journey Energy's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Journey stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.02 | |
β | Beta against NYSE Composite | 0.91 | |
σ | Overall volatility | 3.27 | |
Ir | Information ratio | 0.01 |
Journey Energy Volatility Alert
Journey Energy currently demonstrates below-average downside deviation. It has Information Ratio of 0.01 and Jensen Alpha of 0.02. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Journey Energy's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Journey Energy's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Journey Energy Fundamentals Vs Peers
Comparing Journey Energy's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Journey Energy's direct or indirect competition across all of the common fundamentals between Journey Energy and the related equities. This way, we can detect undervalued stocks with similar characteristics as Journey Energy or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Journey Energy's fundamental indicators could also be used in its relative valuation, which is a method of valuing Journey Energy by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Journey Energy to competition |
| Fundamentals | Journey Energy | Peer Average |
| Return On Equity | 0.0526 | -0.31 |
| Return On Asset | 0.0273 | -0.14 |
| Profit Margin | 0.08 % | (1.27) % |
| Operating Margin | 0.14 % | (5.51) % |
| Current Valuation | 266.12 M | 16.62 B |
| Shares Outstanding | 61.35 M | 571.82 M |
| Shares Owned By Insiders | 7.42 % | 10.09 % |
| Shares Owned By Institutions | 15.75 % | 39.21 % |
| Number Of Shares Shorted | 2.39 M | 4.71 M |
| Price To Earning | 1.38 X | 28.72 X |
| Price To Book | 0.71 X | 9.51 X |
| Price To Sales | 1.20 X | 11.42 X |
| Revenue | 233.9 M | 9.43 B |
| Gross Profit | 118.81 M | 27.38 B |
| EBITDA | 71.78 M | 3.9 B |
| Net Income | 15.82 M | 570.98 M |
| Cash And Equivalents | 335 K | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Total Debt | 50.31 M | 5.32 B |
| Debt To Equity | 305.40 % | 48.70 % |
| Current Ratio | 0.18 X | 2.16 X |
| Book Value Per Share | 5.16 X | 1.93 K |
| Cash Flow From Operations | 66.64 M | 971.22 M |
| Short Ratio | 15.06 X | 4.00 X |
| Earnings Per Share | 0.24 X | 3.12 X |
| Price To Earnings To Growth | (0.69) X | 4.89 X |
| Target Price | 5.1 | |
| Beta | 3.53 | -0.15 |
| Market Capitalization | 221.47 M | 19.03 B |
| Total Asset | 610.14 M | 29.47 B |
| Retained Earnings | (163.57 M) | 9.33 B |
| Working Capital | (59.26 M) | 1.48 B |
| Net Asset | 610.14 M |
Journey Energy Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Journey . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Journey Energy Buy or Sell Advice
When is the right time to buy or sell Journey Energy? Buying financial instruments such as Journey Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 65.1M | 110.4M | 126.9M | 102.1M | Total Assets | 357.2M | 639.2M | 610.1M | 490.8M |
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In addition to having Journey Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Journey Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Journey Stock analysis
When running Journey Energy's price analysis, check to measure Journey 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 Journey Energy is operating at the current time. Most of Journey Energy's value examination focuses on studying past and present price action to predict the probability of Journey 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 Journey Energy's price. Additionally, you may evaluate how the addition of Journey Energy to your portfolios can decrease your overall portfolio volatility.
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