Canadian Overseas Petroleum Stock Today

VELXF Stock  USD 0  0  100.00%   

Performance

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Odds Of Distress

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Canadian Overseas is trading at 0.002 as of the 28th of March 2024. This is a 100.00% increase since the beginning of the trading day. The stock's lowest day price was 0.002. Canadian Overseas has 54 percent odds of going through some form of financial distress in the next two years but had a very ok returns during the last 90 days. Equity ratings for Canadian Overseas Petroleum are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
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. The company has 277.86 M outstanding shares. More on Canadian Overseas Petroleum

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Canadian Pink Sheet Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Canadian Overseas' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Canadian Overseas or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, DirectorArthur Millholland
Business ConcentrationEnergy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors)
Canadian Overseas Petroleum [VELXF] is a Pink Sheet which is traded between independent brokers as part of over-the-counter (OTC) trading. The company currently falls under 'Micro-Cap' category with a current market capitalization of 27.81 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canadian Overseas's market, we take the total number of its shares issued and multiply it by Canadian Overseas'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. Canadian Overseas classifies itself under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 277.86 M outstanding shares. 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.
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Ownership Allocation
Canadian Overseas holds a total of 277.86 Million outstanding shares. Canadian Overseas Petroleum shows 3.51 percent of its outstanding shares held by insiders and 3.46 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Canadian Overseas Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Canadian Overseas market risk premium is the additional return an investor will receive from holding Canadian Overseas long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Canadian Overseas. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Canadian Overseas' alpha and beta are two of the key measurements used to evaluate Canadian Overseas' performance over the market, the standard measures of volatility play an important role as well.

Canadian Stock Against Markets

Picking the right benchmark for Canadian Overseas pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Canadian Overseas pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Canadian Overseas is critical whether you are bullish or bearish towards Canadian Overseas Petroleum at a given time. Please also check how Canadian Overseas' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Canadian Overseas without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Canadian Overseas Corporate Executives

Elected by the shareholders, the Canadian Overseas' board of directors comprises two types of representatives: Canadian Overseas inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canadian. The board's role is to monitor Canadian Overseas' management team and ensure that shareholders' interests are well served. Canadian Overseas' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Canadian Overseas' outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Canadian Pink Sheet?

Before investing in Canadian Overseas, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Canadian Overseas. To buy Canadian Overseas stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Canadian Overseas. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Canadian Overseas stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Canadian Overseas Petroleum stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Canadian Overseas Petroleum stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Canadian Overseas Petroleum, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Canadian Overseas Petroleum?

The danger of trading Canadian Overseas Petroleum is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Canadian Overseas is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Canadian Overseas. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Canadian Overseas is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Canadian Overseas Petroleum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
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When running Canadian Overseas' price analysis, check to measure Canadian Overseas' 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 Canadian Overseas is operating at the current time. Most of Canadian Overseas' value examination focuses on studying past and present price action to predict the probability of Canadian Overseas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Overseas' price. Additionally, you may evaluate how the addition of Canadian Overseas to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Canadian Overseas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Overseas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Overseas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.