Battalion Oil Corp Stock Price on March 27, 2024
| BATL Stock | USD 2.80 0.21 6.98% |
Below is the normalized historical share price chart for Battalion Oil Corp extending back to December 24, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Battalion Oil stands at 2.80, as last reported on the 18th of December 2024, with the highest price reaching 2.97 and the lowest price hitting 2.75 during the day.
If you're considering investing in Battalion Stock, it is important to understand the factors that can impact its price. Battalion Oil appears to be dangerous, given 3 months investment horizon. Battalion Oil Corp secures Sharpe Ratio (or Efficiency) of 0.0561, which signifies that the company had a 0.0561% return per unit of risk over the last 3 months. By analyzing Battalion Oil's technical indicators, you can evaluate if the expected return of 0.97% is justified by implied risk. Please makes use of Battalion Oil's Risk Adjusted Performance of 0.0463, mean deviation of 4.54, and Downside Deviation of 9.64 to double-check if our risk estimates are consistent with your expectations.
At this time, Battalion Oil's Capital Stock is quite stable compared to the past year. Preferred Stock And Other Adjustments is expected to rise to about 101.8 M this year, although the value of Common Stock Shares Outstanding will most likely fall to about 15.6 M. . At this time, Battalion Oil's Price Fair Value is quite stable compared to the past year. Battalion Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 24th of December 2019 | 200 Day MA 4.8918 | 50 Day MA 5.3163 | Beta 1.161 |
Battalion |
Sharpe Ratio = 0.0561
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Estimated Market Risk
| 17.19 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.97 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Battalion Oil is performing at about 4% of its full potential. 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 Battalion Oil by adding it to a well-diversified portfolio.
Price Book 1.4159 | Enterprise Value Ebitda 1.6528 | Price Sales 0.2587 | Shares Float 6.2 M | Wall Street Target Price 18.6 |
Battalion Oil Valuation on March 27, 2024
It is possible to determine the worth of Battalion Oil on a given historical date. On March 27, 2024 Battalion was worth 5.63 at the beginning of the trading date compared to the closed value of 5.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Battalion Oil stock. Still, in general, we apply an absolute valuation method to find Battalion 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 Battalion Oil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Battalion Oil's related companies.
| Open | High | Low | Close | Volume | |
| 5.93 | 5.93 | 5.59 | 5.68 | 8,918 | |
03/27/2024 | 5.63 | 5.90 | 5.50 | 5.71 | 59,077 |
| 5.79 | 5.79 | 5.54 | 5.66 | 14,870 |
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Battalion Oil Trading Date Momentum on March 27, 2024
| On March 28 2024 Battalion Oil Corp was traded for 5.66 at the closing time. The top price for the day was 5.79 and the lowest listed price was 5.54 . The trading volume for the day was 14.9 K. The trading history from March 28, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.88% . The overall trading delta against the current closing price is 11.38% . |
Battalion Oil Corp Fundamentals Correlations and Trends
By evaluating Battalion 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 Battalion Oil's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Battalion financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Battalion Oil Stock history
Battalion 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 Battalion is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Battalion 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 Battalion Oil stock prices may prove useful in developing a viable investing in Battalion Oil
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 16.4 M | 15.6 M | |
| Net Income Applicable To Common Shares | 21.3 M | 22.4 M |
Battalion Oil Stock Technical Analysis
Battalion Oil technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Battalion Oil Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
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Battalion Oil December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Battalion Oil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Battalion Oil shares will generate the highest return on investment. By undertsting and applying Battalion Oil stock market strength indicators, traders can identify Battalion Oil Corp entry and exit signals to maximize returns
Battalion Oil Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Battalion Oil's price direction in advance. Along with the technical and fundamental analysis of Battalion Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Battalion 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 | 0.0463 | |||
| Jensen Alpha | 0.7725 | |||
| Total Risk Alpha | (0.50) | |||
| Sortino Ratio | 0.0814 | |||
| Treynor Ratio | 0.7003 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Battalion Oil Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Battalion Oil. If investors know Battalion will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Battalion Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 7.127 | Earnings Share (0.38) | Revenue Per Share 11.635 | Quarterly Revenue Growth (0.16) | Return On Assets 0.0709 |
The market value of Battalion Oil Corp is measured differently than its book value, which is the value of Battalion that is recorded on the company's balance sheet. Investors also form their own opinion of Battalion Oil's value that differs from its market value or its book value, called intrinsic value, which is Battalion Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Battalion Oil's market value can be influenced by many factors that don't directly affect Battalion Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Battalion Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Battalion Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Battalion 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.