Athabasca Oil Corp Stock Price on October 7, 2024
ATHOF Stock | USD 3.66 0.03 0.81% |
If you're considering investing in Athabasca Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Athabasca Oil stands at 3.66, as last reported on the 29th of November, with the highest price reaching 3.74 and the lowest price hitting 3.53 during the day. Athabasca Oil Corp secures Sharpe Ratio (or Efficiency) of -0.0207, which signifies that the company had a -0.0207% return per unit of standard deviation over the last 3 months. Athabasca Oil Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Athabasca Oil's mean deviation of 1.69, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide.
Athabasca Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Athabasca |
Sharpe Ratio = -0.0207
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Estimated Market Risk
2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Athabasca 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 Athabasca Oil by adding Athabasca Oil to a well-diversified portfolio.
Related Headline
TotalEnergies Headline on 7th of October 2024
TotalEnergies Acquires 50 percent Stake In Two Offshore Wind... by finance.yahoo.com
TotalEnergies SE shares are trading higher on Monday. The company agreed to acquire a 50 percent stake in two offshore wind projects in the North Sea from RWE AG , specifically N-9.1 and N-9.2, each with a capacity of 2 GW. These projects, located 110 km off the German coast, were awarded to RWE in August 2024 and come with 25-year licenses that can be extended to 35 years. This acquisition will complement TotalEnergies existing N-12.1, N-11.2, and O-2.2 concessions, enabling the
Athabasca Oil Valuation on October 7, 2024
It is possible to determine the worth of Athabasca Oil on a given historical date. On October 7, 2024 Athabasca was worth 3.76 at the beginning of the trading date compared to the closed value of 3.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Athabasca Oil pink sheet. Still, in general, we apply an absolute valuation method to find Athabasca Oil's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Athabasca Oil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Athabasca Oil's related companies.
Open | High | Low | Close | Volume | |
3.70 | 3.74 | 3.68 | 3.70 | 142,700 | |
10/07/2024 | 3.76 | 3.84 | 3.76 | 3.80 | 48,811 |
3.70 | 3.76 | 3.67 | 3.71 | 146,206 |
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Athabasca Oil Trading Date Momentum on October 7, 2024
On October 08 2024 Athabasca Oil Corp was traded for 3.71 at the closing time. The highest daily price throughout the period was 3.76 and the lowest price was 3.67 . The daily volume was 146.2 K. The net trading volume on 10/08/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 2.37% . The overall trading delta to current closing price is 2.63% . |
Athabasca Oil Corp Fundamentals Correlations and Trends
By evaluating Athabasca Oil's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Athabasca Oil's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Athabasca financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Athabasca Oil Pink Sheet history
Athabasca Oil investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Athabasca is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Athabasca Oil Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Athabasca Oil stock prices may prove useful in developing a viable investing in Athabasca Oil
Athabasca Oil Corporation engages in the exploration, development, and production of light and thermal oil resource plays in the Western Canadian Sedimentary Basin in Alberta, Canada. Athabasca Oil Corporation was incorporated in 2006 and is headquartered in Calgary, Canada. Athabasca Oil operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 146 people.
Athabasca Oil Pink Sheet Technical Analysis
Athabasca Oil technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
Price Boundaries
Athabasca Oil Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Athabasca Oil Corp cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Athabasca Oil November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Athabasca Oil pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Athabasca Oil shares will generate the highest return on investment. By undertsting and applying Athabasca Oil pink sheet market strength indicators, traders can identify Athabasca Oil Corp entry and exit signals to maximize returns
Athabasca Oil Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Athabasca Oil's price direction in advance. Along with the technical and fundamental analysis of Athabasca Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Athabasca to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.05) | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | (0.47) | |||
Treynor Ratio | (1.10) |
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When running Athabasca Oil's price analysis, check to measure Athabasca 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 Athabasca Oil is operating at the current time. Most of Athabasca Oil's value examination focuses on studying past and present price action to predict the probability of Athabasca 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 Athabasca Oil's price. Additionally, you may evaluate how the addition of Athabasca Oil to your portfolios can decrease your overall portfolio volatility.
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