ORONOVA ENERGY (Exotistan) Today

Equity ratings for ORONOVA ENERGY INC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of March 2022 and ending today, the 29th of June 2022. Click here to learn more.
ORONOVA ENERGY INC cannot be verified against its exchange. Apparently, ORONOVA ENERGY is not available for investing at the moment. Please verify the symbol is currently traded on Commodity Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.
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ORONOVA ENERGY 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. ORONOVA ENERGY's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ORONOVA ENERGY or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ORONOVA ENERGY INC is not yet fully synchronised with the market data
ORONOVA ENERGY INC has some characteristics of a very speculative penny stock
ORONOVA ENERGY INC has high likelihood to experience some financial distress in the next 2 years
The company has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist ORONOVA ENERGY until it has trouble settling it off, either with new capital or with free cash flow. So, ORONOVA ENERGY'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 ORONOVA ENERGY INC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ORONOVA to invest in growth at high rates of return. When we think about ORONOVA ENERGY's use of debt, we should always consider it together with cash and equity.
Net Loss for the year was (162.94 K).
ORONOVA ENERGY INC has accumulated about 1.18 K in cash with (25.9 K) of positive cash flow from operations.
Roughly 17.0% of the company outstanding shares are owned by corporate insiders
Macroaxis Advice
Unlike general analyst consensus, Macroaxis 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 ORONOVA ENERGY's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
ORONOVA ENERGY INC (ONV-H) is traded on Commodity Exchange in Exotistan . The company currently falls under 'Nano-Cap' category with current market capitalization of 3.49 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ORONOVA ENERGY's market, we take the total number of its shares issued and multiply it by ORONOVA ENERGY'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 these looking for more risk prefer small-cap and mid-cap equities. ORONOVA ENERGY INC operates under Energy sector and is part of Oil & Gas E&P industry. The entity has 43.6 M outstanding shares of which 46 shares are now shorted by private and institutional investors with about 0.0 days to cover all short positions. ORONOVA ENERGY INC has accumulated about 1.18 K in cash with (25.9 K) of positive cash flow from operations.
Check ORONOVA ENERGY Probability Of Bankruptcy

ORONOVA Stock Against Markets

Picking the right benchmark for ORONOVA ENERGY 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 ORONOVA ENERGY 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 ORONOVA ENERGY is critical whether you are bullish or bearish towards ORONOVA ENERGY INC at a given time.
ORONOVA ENERGY INC cannot be verified against its exchange. Apparently, ORONOVA ENERGY is not available for investing at the moment. Please verify the symbol is currently traded on Commodity Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.
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View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ORONOVA ENERGY stock to make a market-neutral strategy. Peer analysis of ORONOVA ENERGY could also be used in its relative valuation, which is a method of valuing ORONOVA ENERGY by comparing valuation metrics with similar companies.

Investing ORONOVA ENERGY INC

You need to understand the risk of investing before taking a position in ORONOVA ENERGY. The danger of trading ORONOVA ENERGY INC 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 ORONOVA ENERGY 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 ORONOVA ENERGY. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ORONOVA ENERGY INC 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.
Check out Your Equity Center. Note that the ORONOVA ENERGY INC information on this page should be used as a complementary analysis to other ORONOVA ENERGY'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 Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

Other Tools for ORONOVA Stock

When running ORONOVA ENERGY INC price analysis, check to measure ORONOVA ENERGY'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 ORONOVA ENERGY is operating at the current time. Most of ORONOVA ENERGY's value examination focuses on studying past and present price action to predict the probability of ORONOVA ENERGY's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ORONOVA ENERGY's price. Additionally, you may evaluate how the addition of ORONOVA ENERGY to your portfolios can decrease your overall portfolio volatility.
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