We strongly advise to harness analysis of InPlay Oil fundamentals to see if markets are presently mispricing the company. We were able to break down and interpolate data for thirty-three available reported financial drivers for InPlay Oil Corp, which can be compared to its competitors. The stock experiences an unexpected upward trend. Watch out for market signals. Check odds of InPlay Oil to be traded at C$2.64 in 90 days. Key indicators impacting InPlay Oil's financial strength include:
Understanding current and past InPlay Oil Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of InPlay Oil's financial statements are interrelated, with each one affecting the others. For example, an increase in InPlay Oil's assets may result in an increase in income on the income statement.
The data published in InPlay Oil's official financial statements typically reflect InPlay Oil's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving InPlay Oil's quantitative information. For example, before you start analyzing numbers published by InPlay accountants, it's essential to understand InPlay Oil's liquidity, profitability, and earnings quality within the context of the Oil, Gas & Consumable Fuels space in which it operates.
InPlay Oil competes with Pembina Pipeline, Keyera Corp, EcoSynthetix, Rubicon Organics, and RBC Discount. InPlay Oil Corp. engages in the acquisition, exploration, development, and production oil and natural gas properties in Canada. It primarily holds 83 percent working interest in the 33,467 net acres of Cardium rights located in Willesden Green, Alberta 75 percent working interest in 19,494 net acres of Cardium rights in the Drayton Valley, Buck Creek, Cynthia, and Pendryl areas located in Pembina, Alberta 75 percent working interest in 14,823 net acres of Belly River rights in the Knob Hill and Keystone areas located in Pigeon Lake, Alberta 45 percent working interest 49,809 net acres of various rights in the Sylvan Lake and Leslieville areas located in Red Deer, Alberta and 99.8 percent in 30,960 net acres of various rights in the Huxley area located in Duvernay, Alberta. INPLAY OIL operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange.
You should never invest in InPlay Oil without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of InPlay Stock, because this is throwing your money away. Analyzing the key information contained in InPlay Oil's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
InPlay Oil Key Financial Ratios
InPlay Oil's financial ratios allow both analysts and investors to convert raw data from InPlay Oil's financial statements into concise, actionable information that can be used to evaluate the performance of InPlay Oil over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining InPlay Oil's current stock value. Our valuation model uses many indicators to compare InPlay Oil value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across InPlay Oil competition to find correlations between indicators driving InPlay Oil's intrinsic value. More Info.
InPlay Oil Corp is rated second overall in return on equity category among its peers. It is currently regarded as number one stock in return on asset category among its peers reporting about 0.50 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for InPlay Oil Corp is roughly 2.00 . At this time, InPlay Oil's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value InPlay Oil by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for InPlay Oil's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
InPlay Oil Corp Systematic Risk
InPlay Oil's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. InPlay Oil volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on InPlay Oil Corp correlated with the market. If Beta is less than 0 InPlay Oil generally moves in the opposite direction as compared to the market. If InPlay Oil Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one InPlay Oil Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of InPlay Oil is generally in the same direction as the market. If Beta > 1 InPlay Oil moves generally in the same direction as, but more than the movement of the benchmark.
InPlay Oil Corp Total Assets Over Time
InPlay Oil Thematic Clasifications
InPlay Oil Corp is part of several thematic ideas from Recreation to Entertainment. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in InPlay Oil Stock are looking for potential investment opportunities by analyzing not only static indicators but also various InPlay Oil's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of InPlay Oil growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of InPlay Oil help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of InPlay Oil Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of InPlay Oil Corp based on widely used predictive technical indicators. In general, we focus on analyzing InPlay Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build InPlay Oil's daily price indicators and compare them against related drivers.
InPlay Oil financial ratios help investors to determine whether InPlay Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in InPlay with respect to the benefits of owning InPlay Oil security.