NuVista Energy Financials
| NVA Stock | CAD 13.41 0.06 0.45% |
NuVista |
Understanding current and past NuVista Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of NuVista Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in NuVista Energy's assets may result in an increase in income on the income statement.
The data published in NuVista Energy's official financial statements typically reflect NuVista Energy'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 NuVista Energy's quantitative information. For example, before you start analyzing numbers published by NuVista accountants, it’s essential to understand NuVista Energy's liquidity, profitability, and earnings quality within the context of the Oil, Gas & Consumable Fuels space in which it operates.
NuVista Energy Stock Summary
NuVista Energy competes with Tamarack Valley, Birchcliff Energy, MEG Energy, and Crew Energy. NuVista Energy Ltd., a condensate and natural gas company, engages in the development, delineation, and production of condensate, oil, and natural gas reserves in the Western Canadian Sedimentary Basin. NuVista Energy Ltd. was incorporated in 2003 and is headquartered in Calgary, Canada. NUVISTA ENERGY operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 88 people.| Foreign Associate | USA |
| Instrument | Canada Stock View All |
| Exchange | Toronto Exchange |
| ISIN | CA67072Q1046 |
| Business Address | 2500, 525 8th |
| Sector | Oil, Gas & Consumable Fuels |
| Industry | Energy |
| Benchmark | NYSE Composite |
| Website | nvaenergy.com |
| Phone | 403 538 8500 |
| Currency | CAD - Canadian Dollar |
You should never invest in NuVista Energy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of NuVista Stock, because this is throwing your money away. Analyzing the key information contained in NuVista Energy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
NuVista Energy Key Financial Ratios
NuVista Energy's financial ratios allow both analysts and investors to convert raw data from NuVista Energy's financial statements into concise, actionable information that can be used to evaluate the performance of NuVista Energy over time and compare it to other companies across industries.| Return On Equity | 0.16 | |||
| Return On Asset | 0.0948 | |||
| Target Price | 15.92 | |||
| Number Of Employees | 18 | |||
| Beta | 2.74 |
NuVista Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NuVista Energy's current stock value. Our valuation model uses many indicators to compare NuVista Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NuVista Energy competition to find correlations between indicators driving NuVista Energy's intrinsic value. More Info.NuVista Energy is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.61 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for NuVista Energy is roughly 1.64 . Comparative valuation analysis is a catch-all model that can be used if you cannot value NuVista Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for NuVista Energy'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.NuVista Energy Systematic Risk
NuVista Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NuVista Energy 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 thirty-five with a total number of output elements of twenty-six. The Beta measures systematic risk based on how returns on NuVista Energy correlated with the market. If Beta is less than 0 NuVista Energy generally moves in the opposite direction as compared to the market. If NuVista Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NuVista Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NuVista Energy is generally in the same direction as the market. If Beta > 1 NuVista Energy moves generally in the same direction as, but more than the movement of the benchmark.
NuVista Energy June 10, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of NuVista Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NuVista Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of NuVista Energy based on widely used predictive technical indicators. In general, we focus on analyzing NuVista Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NuVista Energy's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.56 | |||
| Information Ratio | 0.1898 | |||
| Maximum Drawdown | 6.57 | |||
| Value At Risk | (2.05) | |||
| Potential Upside | 2.42 |
Other Information on Investing in NuVista Stock
NuVista Energy financial ratios help investors to determine whether NuVista 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 NuVista with respect to the benefits of owning NuVista Energy security.