Jericho Stock Today

JEV Stock  CAD 0.34  0.01  3.03%   
Market Performance
0 of 100
Odds Of Distress
Less than 25
Jericho Oil is selling for under 0.34 as of the 6th of February 2023; that is 3.03% increase since the beginning of the trading day. The stock's lowest day price was 0.34. Jericho Oil has about a 25 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Jericho Oil Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of January 2023 and ending today, the 6th of February 2023. Click here to learn more.
Fiscal Year End
December
Category
Energy
ISIN
CA4763391063
Jericho Energy Ventures Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and production of oil and natural gas fields in the United States. Jericho Energy Ventures Inc. was incorporated in 2010 and is headquartered in Vancouver, Canada. The company has 226.05 M outstanding shares of which 5 K shares are currently shorted by private and institutional investors with about 0.15 days to cover all short positions. More on Jericho Oil Corp
Follow Valuation Odds of Bankruptcy
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Jericho Oil Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Jericho Oil's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Jericho Oil or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Jericho Oil's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
Jericho Oil Corp (JEV) is traded on TSX Venture Exchange in Canada and employs 8 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 76.86 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Jericho Oil's market, we take the total number of its shares issued and multiply it by Jericho Oil's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Jericho Oil Corp classifies itself under Energy sector and is part of Oil & Gas E&P industry. The entity has 226.05 M outstanding shares of which 5 K shares are currently shorted by private and institutional investors with about 0.15 days to cover all short positions. Jericho Oil Corp has accumulated about 1.66 M in cash with (4.17 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Jericho Oil Probability Of Bankruptcy
Ownership
Jericho Oil secures a total of 226.05 Million outstanding shares. Jericho Oil secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation

Check Jericho Ownership Details

Jericho Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Jericho Oil jumping above the current price in 90 days from now is about 83.54%. The Jericho Oil Corp probability density function shows the probability of Jericho Oil stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Jericho Oil has a beta of 0.2957. This indicates as returns on the market go up, Jericho Oil average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Jericho Oil Corp will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0569, implying that it can generate a 0.0569 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.34HorizonTargetOdds Above 0.34
16.33%90 days
 0.34 
83.54%
Based on a normal probability distribution, the odds of Jericho Oil to move above the current price in 90 days from now is about 83.54 (This Jericho Oil Corp probability density function shows the probability of Jericho Stock to fall within a particular range of prices over 90 days) .

Jericho Oil Corp Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Jericho Oil market risk premium is the additional return an investor will receive from holding Jericho Oil long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Jericho Oil. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Jericho Oil's alpha and beta are two of the key measurements used to evaluate Jericho Oil's performance over the market, the standard measures of volatility play an important role as well.

Jericho Stock Against Markets

Picking the right benchmark for Jericho Oil stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Jericho Oil stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Jericho Oil is critical whether you are bullish or bearish towards Jericho Oil Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Jericho Oil without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Jericho Oil Corporate Management

Elected by the shareholders, the Jericho Oil's board of directors comprises two types of representatives: Jericho Oil inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Jericho. The board's role is to monitor Jericho Oil's management team and ensure that shareholders' interests are well served. Jericho Oil's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Jericho Oil's outside directors are responsible for providing unbiased perspectives on the board's policies.
Ryan Breen - Head StrategyProfile
Dean Moretton - Chief OfficerProfile
Robin Peterson - Chief OfficerProfile
Benjamin Holman - CFO SecProfile
Tony Blancato - Director MarketingProfile
Ron Haveman - VP GeologyProfile
Adam Rabiner - Director RelationsProfile

Invested in Jericho Oil Corp?

The danger of trading Jericho Oil Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Jericho Oil is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Jericho Oil. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Jericho Oil Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please see Risk vs Return Analysis. You can also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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When running Jericho Oil Corp price analysis, check to measure Jericho Oil's 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 Jericho Oil is operating at the current time. Most of Jericho Oil's value examination focuses on studying past and present price action to predict the probability of Jericho Oil's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Jericho Oil's price. Additionally, you may evaluate how the addition of Jericho Oil to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Jericho Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine Jericho Oil value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jericho Oil's 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.