Canadian Overseas Petroleum Stock Performance
| VELXF Stock | USD 0 0.01 77.01% |
Canadian Overseas holds a performance score of 13 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.53, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Canadian Overseas are expected to decrease at a much lower rate. During the bear market, Canadian Overseas is likely to outperform the market. Use Canadian Overseas value at risk, as well as the relationship between the skewness and day typical price , to analyze future returns on Canadian Overseas.
Risk-Adjusted Performance
13 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Canadian Overseas Petroleum are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Canadian Overseas reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.4 M | |
| Total Cashflows From Investing Activities | -58.7 M |
Canadian |
Canadian Overseas Relative Risk vs. Return Landscape
If you would invest 0.08 in Canadian Overseas Petroleum on January 26, 2024 and sell it today you would earn a total of 0.12 from holding Canadian Overseas Petroleum or generate 150.0% return on investment over 90 days. Canadian Overseas Petroleum is currently producing 11.5964% returns and takes up 68.7517% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Canadian, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Canadian Overseas Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canadian Overseas' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Canadian Overseas Petroleum, and traders can use it to determine the average amount a Canadian Overseas' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1687
| Best Portfolio | Best Equity | VELXF | ||
| Good Returns | ||||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 68.75 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.04 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Canadian Overseas is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Canadian Overseas by adding it to a well-diversified portfolio.
Canadian Overseas Fundamentals Growth
Canadian Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Canadian Overseas, and Canadian Overseas fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Canadian Pink Sheet performance.
| Return On Equity | -0.56 | |||
| Return On Asset | -0.0753 | |||
| Profit Margin | (0.79) % | |||
| Operating Margin | (0.51) % | |||
| Current Valuation | 79.64 M | |||
| Shares Outstanding | 277.86 M | |||
| Price To Earning | (2.54) X | |||
| Price To Book | 1.15 X | |||
| Price To Sales | 1.82 X | |||
| Revenue | 15 M | |||
| EBITDA | (3.79 M) | |||
| Cash And Equivalents | 11.53 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 34.66 M | |||
| Debt To Equity | 1.06 % | |||
| Book Value Per Share | 0.14 X | |||
| Cash Flow From Operations | (7.76 M) | |||
| Earnings Per Share | (0.08) X | |||
| Total Asset | 98.78 M | |||
About Canadian Overseas Performance
To evaluate Canadian Overseas Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Canadian Overseas generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Canadian Pink Sheet's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Canadian Overseas market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Canadian's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.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.Things to note about Canadian Overseas performance evaluation
Checking the ongoing alerts about Canadian Overseas for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Canadian Overseas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| 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. |
- Analyzing Canadian Overseas' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Canadian Overseas' stock is overvalued or undervalued compared to its peers.
- Examining Canadian Overseas' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Canadian Overseas' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Canadian Overseas' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Canadian Overseas' pink sheet. These opinions can provide insight into Canadian Overseas' potential for growth and whether the stock is currently undervalued or overvalued.
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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Canadian Pink Sheet analysis
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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