Chord Energy Corp Stock Price on August 20, 2024

CHRD Stock  USD 112.45  0.73  0.64%   
If you're considering investing in Chord Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chord Energy stands at 112.45, as last reported on the 27th of December, with the highest price reaching 113.63 and the lowest price hitting 112.00 during the day. Chord Energy Corp secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Chord Energy Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chord Energy's Standard Deviation of 1.7, mean deviation of 1.3, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide.
  
Chord Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1198

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Estimated Market Risk

 1.7
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.2
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Chord Energy 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 Chord Energy by adding Chord Energy to a well-diversified portfolio.

Chord Energy Valuation on August 20, 2024

It is possible to determine the worth of Chord Energy on a given historical date. On August 20, 2024 Chord was worth 148.99 at the beginning of the trading date compared to the closed value of 145.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chord Energy stock. Still, in general, we apply an absolute valuation method to find Chord Energy'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 Chord Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chord Energy's related companies.
 Open High Low Close Volume
  149.36    151.54    149.02    149.13    629,969  
08/20/2024
  148.99    149.45    144.97    145.89    644,479  
  147.13    147.83    145.27    146.70    565,657  
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Open Value
148.99
143.88
Downside
145.89
Closing Value
154.10
Upside

Chord Energy Trading Date Momentum on August 20, 2024

On August 21 2024 Chord Energy Corp was traded for  146.70  at the closing time. The top price for the day was 147.83  and the lowest listed price was  145.27 . The trading volume for the day was 565.7 K. The trading history from August 21, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.56% . The overall trading delta against the current closing price is 0.03% .

Chord Energy Corp Fundamentals Correlations and Trends

By evaluating Chord Energy'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 Chord Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chord financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Chord Energy Stock history

Chord Energy 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 Chord is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chord Energy 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 Chord Energy stock prices may prove useful in developing a viable investing in Chord Energy
Chord Energy Corporation operates as an independent exploration and production company. The company was founded in 2007 and is headquartered in Houston, Texas. Chord Energy operates under Oil Gas EP classification in the United States and is traded on NASDAQ Exchange. It employs 255 people.

Chord Energy Stock Technical Analysis

Chord Energy 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.
A focus of Chord Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Chord Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Chord Energy Period Price Range

Low
December 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Chord Energy Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Chord Energy December 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Chord Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chord Energy shares will generate the highest return on investment. By undertsting and applying Chord Energy stock market strength indicators, traders can identify Chord Energy Corp entry and exit signals to maximize returns

Chord Energy Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Chord Energy's price direction in advance. Along with the technical and fundamental analysis of Chord Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chord 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.

Complementary Tools for Chord Stock analysis

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