Canadian Overseas Petroleum Stock Analysis

Canadian Pink Sheet Analysis Notes

The company has Price to Book (P/B) ratio of 1.15. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Canadian Overseas recorded a loss per share of 0.08. The entity had not issued any dividends in recent years. The firm had 1:100 split on the 1st of October 2021. 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. Canadian Overseas operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.The quote for Canadian Overseas Petroleum is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more information please call Arthur Millholland at 403 262 5441 or visit https://www.canoverseas.com.

Canadian Overseas Investment Alerts

Canadian Market Capitalization

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 Profitablity

The company has Profit Margin (PM) of (0.79) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.51) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.51.

Technical Drivers

As of the 19th of April, Canadian Overseas shows the Downside Deviation of 40.58, mean deviation of 18.89, and Risk Adjusted Performance of 0.0677. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Canadian Overseas, as well as the relationship between them. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed and interpolated nineteen technical drivers for Canadian Overseas Petroleum, which can be compared to its peers. Please confirm Canadian Overseas variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Canadian Overseas is priced correctly, providing market reflects its regular price of 0.002 per share. As Canadian Overseas appears to be a penny stock we also recommend to validate its total risk alpha numbers.

Canadian Overseas Price Movement Analysis

Canadian Overseas Predictive Daily Indicators

Canadian Overseas Forecast Models

Canadian Overseas' time-series forecasting models are one of many Canadian Overseas' pink sheet 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 Canadian Overseas' 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.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Canadian Overseas 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 Canadian shares will generate the highest return on investment. We also built our pink sheet 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 Pink Sheet such as Canadian Overseas. By using and applying Canadian Pink Sheet analysis, traders can create a robust methodology for identifying Canadian entry and exit points for their positions.

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. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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.