Africa Oil (Sweden) Performance
| AOI Stock | SEK 19.64 0.34 1.70% |
The firm shows a Beta (market volatility) of 0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Africa Oil's returns are expected to increase less than the market. However, during the bear market, the loss of holding Africa Oil is expected to be smaller as well. Africa Oil Corp right now shows a risk of 2.34%. Please confirm Africa Oil Corp kurtosis, and the relationship between the value at risk and rate of daily change , to decide if Africa Oil Corp will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Africa Oil Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable forward indicators, Africa Oil is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 40.5 M | |
| Total Cashflows From Investing Activities | 187.7 M |
Africa |
Africa Oil Relative Risk vs. Return Landscape
If you would invest 1,976 in Africa Oil Corp on January 20, 2024 and sell it today you would lose (12.00) from holding Africa Oil Corp or give up 0.61% of portfolio value over 90 days. Africa Oil Corp is generating 0.0181% of daily returns assuming 2.3442% volatility of returns over the 90 days investment horizon. Simply put, 20% of all stocks have less volatile historical return distribution than Africa Oil, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Africa Oil Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Africa Oil's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Africa Oil Corp, and traders can use it to determine the average amount a Africa 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 = 0.0077
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| Negative Returns | AOI |
Estimated Market Risk
| 2.34 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Africa 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 Africa Oil by adding Africa Oil to a well-diversified portfolio.
Africa Oil Fundamentals Growth
Africa Stock prices reflect investors' perceptions of the future prospects and financial health of Africa Oil, and Africa 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 Africa Stock performance.
| Return On Equity | 0.18 | |||
| Return On Asset | -0.0153 | |||
| Profit Margin | 1.23 % | |||
| Operating Margin | (0.18) % | |||
| Current Valuation | 8.67 B | |||
| Shares Outstanding | 460.59 M | |||
| Price To Earning | (277.25) X | |||
| Price To Book | 0.83 X | |||
| Price To Sales | 63.12 X | |||
| EBITDA | 208.99 M | |||
| Cash And Equivalents | 355.23 M | |||
| Cash Per Share | 0.75 X | |||
| Total Debt | 609 K | |||
| Book Value Per Share | 2.20 X | |||
| Cash Flow From Operations | (10.21 M) | |||
| Earnings Per Share | 3.83 X | |||
| Total Asset | 991.62 M | |||
About Africa Oil Performance
To evaluate Africa Oil Corp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Africa Oil 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 Africa Stock'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 Africa Oil Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Africa'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.Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and development company in Kenya and Ethiopia. Africa Oil Corp. was incorporated in 1983 and is based in Vancouver, Canada. Africa Oil operates under Oil Gas EP classification in Sweden and is traded on Stockholm Stock Exchange. It employs 37 people.Things to note about Africa Oil Corp performance evaluation
Checking the ongoing alerts about Africa Oil for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Africa Oil Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Africa Oil Corp has high likelihood to experience some financial distress in the next 2 years | |
| Africa Oil Corp has accumulated about 355.23 M in cash with (10.21 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.75. | |
| Roughly 16.0% of the company shares are held by company insiders |
- Analyzing Africa 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 Africa Oil's stock is overvalued or undervalued compared to its peers.
- Examining Africa 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 Africa Oil's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Africa Oil's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Africa Oil's stock. These opinions can provide insight into Africa Oil's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Africa Oil Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Africa Stock analysis
When running Africa Oil's price analysis, check to measure Africa 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 Africa Oil is operating at the current time. Most of Africa Oil's value examination focuses on studying past and present price action to predict the probability of Africa Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Africa Oil's price. Additionally, you may evaluate how the addition of Africa Oil to your portfolios can decrease your overall portfolio volatility.
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