Contango Oil Gas Performance
The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Contango Oil are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Contango Oil Gas has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable fundamental indicators, Contango Oil is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Quick Ratio | 0.42 | |
| Fifty Two Week Low | 2.1800 | |
| Fifty Two Week High | 6.9400 |
Contango |
Contango Oil Relative Risk vs. Return Landscape
If you would invest (100.00) in Contango Oil Gas on January 25, 2024 and sell it today you would earn a total of 100.00 from holding Contango Oil Gas or generate -100.0% return on investment over 90 days. Contango Oil Gas is generating negative expected returns assuming volatility of 0.0% on return distribution over 90 days investment horizon. In other words, 0% of stocks are less volatile than Contango, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Contango Oil Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Contango Oil's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Contango Oil Gas, and traders can use it to determine the average amount a Contango Oil's 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 = 0.0
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Based on monthly moving average Contango Oil is not performing at its full potential. However, 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 Contango Oil by adding Contango Oil to a well-diversified portfolio.
Contango Oil Fundamentals Growth
Contango Stock prices reflect investors' perceptions of the future prospects and financial health of Contango Oil, and Contango Oil 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 Contango Stock performance.
| Return On Equity | -500.7 | |||
| Return On Asset | -11.99 | |||
| Profit Margin | (28.38) % | |||
| Operating Margin | (26.95) % | |||
| Current Valuation | 770.42 M | |||
| Shares Outstanding | 201.34 M | |||
| Price To Earning | (2.77) X | |||
| Price To Book | 12.38 X | |||
| Price To Sales | 2.38 X | |||
| Revenue | 272.67 M | |||
| EBITDA | 128.96 M | |||
| Cash And Equivalents | 3.08 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 125.19 M | |||
| Debt To Equity | 2.39 % | |||
| Book Value Per Share | 0.26 X | |||
| Cash Flow From Operations | 82.82 M | |||
| Earnings Per Share | (0.41) X | |||
| Total Asset | 51.84 M | |||
| Retained Earnings | (370.48 M) | |||
| Current Asset | 8.79 M | |||
| Current Liabilities | 4.86 M | |||
Things to note about Contango Oil Gas performance evaluation
Checking the ongoing alerts about Contango Oil for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Contango Oil Gas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Contango Oil Gas is not yet fully synchronised with the market data | |
| Contango Oil Gas has some characteristics of a very speculative penny stock | |
| Contango Oil Gas has a very high chance of going through financial distress in the upcoming years | |
| The company has 125.19 M in debt with debt to equity (D/E) ratio of 2.39, meaning that the company heavily relies on borrowing funds for operations. Contango Oil Gas has a current ratio of 0.44, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Contango Oil until it has trouble settling it off, either with new capital or with free cash flow. So, Contango Oil's 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 Contango Oil Gas sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Contango to invest in growth at high rates of return. When we think about Contango Oil's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 272.67 M. Reported Net Loss for the year was (77.38 M) with profit before taxes, overhead, and interest of 40.07 M. | |
| About 27.0% of Contango Oil outstanding shares are owned by corporate insiders |
- Analyzing Contango Oil's 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 Contango Oil's stock is overvalued or undervalued compared to its peers.
- Examining Contango Oil's 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 Contango Oil's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Contango Oil's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Contango Oil's stock. These opinions can provide insight into Contango Oil's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Contango Oil Gas information on this page should be used as a complementary analysis to other Contango Oil's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Other Consideration for investing in Contango Stock
If you are still planning to invest in Contango Oil Gas check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Contango Oil's history and understand the potential risks before investing.
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