Canadian Overseas Petroleum Stock Buy Hold or Sell Recommendation

VELXF Stock  USD 0  0  100.00%   
Assuming the 90 days horizon and your complete indifference towards market risk, our recommendation regarding Canadian Overseas Petroleum is 'Strong Hold'. Macroaxis provides Canadian Overseas buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding VELXF positions. The advice algorithm takes into account all of Canadian Overseas' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Canadian Overseas' buy or sell advice are summarized below:
Real Value
0.002483
Hype Value
0.00183
Market Value
0.002
Naive Value
0.002913
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Canadian Overseas Petroleum given historical horizon and risk tolerance towards Canadian Overseas. When Macroaxis issues a 'buy' or 'sell' recommendation for Canadian Overseas Petroleum, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Canadian Overseas 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.
In addition, we conduct extensive research on individual companies such as Canadian and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards 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.

Execute Canadian Overseas Buy or Sell Advice

The Canadian recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Canadian Overseas Petroleum. Macroaxis does not own or have any residual interests in Canadian Overseas Petroleum or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Canadian Overseas' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Canadian OverseasBuy Canadian Overseas
Strong Hold

Market Performance

GoodDetails

Volatility

Out of controlDetails

Hype Condition

Over hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

AverageDetails

Economic Sensitivity

Hyperactively responds to market trendsDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Canadian Overseas Petroleum has a Risk Adjusted Performance of 0.0896, Jensen Alpha of 10.2, Total Risk Alpha of (6.12), Sortino Ratio of 0.2488 and Treynor Ratio of 2.36
We provide trade advice to complement the prevailing expert consensus on Canadian Overseas. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Canadian Overseas is not overpriced, please confirm all Canadian Overseas fundamentals, including its gross profit and the relationship between the total debt and net asset . As Canadian Overseas appears to be a penny stock we also recommend to validate its shares owned by institutions numbers.

Canadian Overseas Trading Alerts and Improvement Suggestions

Canadian Overseas is way too risky over 90 days horizon
Canadian Overseas has some characteristics of a very speculative penny stock
Canadian Overseas appears to be risky and price may revert if volatility continues
Canadian Overseas has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 34.66 M in total debt with debt to equity ratio (D/E) of 1.06, which is about average as compared to similar companies. Canadian Overseas has a current ratio of 0.79, 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 Canadian Overseas until it has trouble settling it off, either with new capital or with free cash flow. So, Canadian Overseas' 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 Canadian Overseas sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canadian to invest in growth at high rates of return. When we think about Canadian Overseas' use of debt, we should always consider it together with cash and equity.
The entity reported the revenue of 15 M. Net Loss for the year was (13.54 M) with profit before overhead, payroll, taxes, and interest of 12.8 M.
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.

Canadian Overseas Returns Distribution Density

The distribution of Canadian Overseas' historical returns is an attempt to chart the uncertainty of Canadian Overseas' future price movements. The chart of the probability distribution of Canadian Overseas daily returns describes the distribution of returns around its average expected value. We use Canadian Overseas Petroleum price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Canadian Overseas returns is essential to provide solid investment advice for Canadian Overseas.
Mean Return
10.78
Value At Risk
-56
Potential Upside
83.33
Standard Deviation
50.10
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Canadian Overseas 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.

Canadian Overseas 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 Canadian Overseas 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 Canadian Overseas' price will be affected by overall pink sheet 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 Canadian pink sheet'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
10.20
β
Beta against NYSE Composite4.56
σ
Overall volatility
75.13
Ir
Information ratio 0.14

Canadian Overseas Volatility Alert

Canadian Overseas Petroleum is showing large volatility of returns over the selected time horizon. Canadian Overseas Petroleum is a penny stock. Even though Canadian Overseas may be a good instrument to invest, many penny pink sheets are speculative instruments that are subject to artificial stock promotions. Please make sure you fully understand upside and downside scenarios of investing in Canadian Overseas Petroleum or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings,sudden promotions and many other similar artificial hype indicators. We also encourage traders to check work history of company executives before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Canadian instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

Canadian Overseas Fundamentals Vs Peers

Comparing Canadian Overseas' 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 Canadian Overseas' direct or indirect competition across all of the common fundamentals between Canadian Overseas and the related equities. This way, we can detect undervalued stocks with similar characteristics as Canadian Overseas or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Canadian Overseas' fundamental indicators could also be used in its relative valuation, which is a method of valuing Canadian Overseas by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Canadian Overseas to competition
FundamentalsCanadian OverseasPeer Average
Return On Equity-0.56-0.31
Return On Asset-0.0753-0.14
Profit Margin(0.79) %(1.27) %
Operating Margin(0.51) %(5.51) %
Current Valuation79.64 M16.62 B
Shares Outstanding277.86 M571.82 M
Shares Owned By Insiders3.51 %10.09 %
Shares Owned By Institutions3.46 %39.21 %
Price To Earning(2.54) X28.72 X
Price To Book1.15 X9.51 X
Price To Sales1.82 X11.42 X
Revenue15 M9.43 B
Gross Profit12.8 M27.38 B
EBITDA(3.79 M)3.9 B
Net Income(13.54 M)570.98 M
Cash And Equivalents11.53 M2.7 B
Cash Per Share0.04 X5.01 X
Total Debt34.66 M5.32 B
Debt To Equity1.06 %48.70 %
Current Ratio0.81 X2.16 X
Book Value Per Share0.14 X1.93 K
Cash Flow From Operations(7.76 M)971.22 M
Earnings Per Share(0.08) X3.12 X
Number Of Employees1718.84 K
Beta0.72-0.15
Market Capitalization27.81 M19.03 B
Total Asset98.78 M29.47 B
Net Asset98.78 M

Canadian Overseas Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Canadian . 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 Canadian Overseas Buy or Sell Advice

When is the right time to buy or sell Canadian Overseas Petroleum? Buying financial instruments such as Canadian Pink Sheet 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.

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In addition to having Canadian Overseas 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.

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Cleaning
Cleaning Theme
Compnanies producing and distributing cleaning products, supplies, and accessories. The Cleaning theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cleaning Theme or any other thematic opportunities.
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Check out Canadian Overseas 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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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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.