High Arctic Energy Stock Price on July 19, 2024

HWO Stock  CAD 1.15  0.01  0.86%   
Below is the normalized historical share price chart for High Arctic Energy extending back to July 21, 2005. 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 High Arctic stands at 1.15, as last reported on the 22nd of December, with the highest price reaching 1.15 and the lowest price hitting 1.15 during the day.
200 Day MA
3.2738
50 Day MA
1.1484
Beta
1.594
 
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Covid
If you're considering investing in High Stock, it is important to understand the factors that can impact its price. High Arctic Energy holds Efficiency (Sharpe) Ratio of -0.0069, which attests that the entity had a -0.0069% return per unit of risk over the last 3 months. High Arctic Energy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out High Arctic's Market Risk Adjusted Performance of 0.4394, standard deviation of 2.26, and Risk Adjusted Performance of 0.0062 to validate the risk estimate we provide.
  
At this time, High Arctic's Total Stockholder Equity is very stable compared to the past year. As of the 22nd of December 2024, Liabilities And Stockholders Equity is likely to grow to about 201.6 M, while Common Stock Shares Outstanding is likely to drop about 42.2 M. . At this time, High Arctic's Price Book Value Ratio is very stable compared to the past year. As of the 22nd of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.26, while Price To Sales Ratio is likely to drop 2.29. High Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0069

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Estimated Market Risk

 2.22
  actual daily
19
81% 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 High Arctic 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 High Arctic by adding High Arctic to a well-diversified portfolio.
Price Book
0.6202
Enterprise Value Ebitda
(28.70)
Price Sales
0.2165
Shares Float
6.1 M
Wall Street Target Price
2

High Arctic Main Headline on 19th of July 2024

Investors Give High Arctic Energy Services Inc Shares A 45 percent Hiding Simply Wall St

High Arctic Valuation on July 19, 2024

It is possible to determine the worth of High Arctic on a given historical date. On July 19, 2024 High was worth 2.72 at the beginning of the trading date compared to the closed value of 2.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of High Arctic stock. Still, in general, we apply an absolute valuation method to find High Arctic'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 High Arctic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against High Arctic's related companies.
 Open High Low Close Volume
  2.95    2.95    2.59    2.72    17,544  
07/19/2024
  2.72    3.15    2.72    2.95    38,991  
  2.95    3.15    2.89    2.92    27,361  
Backtest High Arctic  |  High Arctic History  |  High Arctic Valuation   PreviousNext  
Open Value
2.72
2.95
Closing Value
9.38
Upside

High Arctic Trading Date Momentum on July 19, 2024

On July 22 2024 High Arctic Energy was traded for  2.92  at the closing time. The maximum traded price for the trading interval was 3.15  and the lowest daily price was  2.89 . The daily volume was recorded at 27.4 K. The volume of trading on 22nd of July 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.02% . The trading delta at closing time to the closing price today is 6.44% .

High Arctic Energy Fundamentals Correlations and Trends

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

About High Arctic Stock history

High Arctic 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 High is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in High Arctic Energy 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 High Arctic stock prices may prove useful in developing a viable investing in High Arctic
Last ReportedProjected for Next Year
Common Stock Shares Outstanding48.7 M42.2 M
Net Loss-32.9 M-31.3 M

High Arctic Quarterly Net Working Capital

46.26 Million

High Arctic Stock Technical Analysis

High Arctic 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 High Arctic technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of High Arctic 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

High Arctic Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

High Arctic Energy cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

High Arctic December 22, 2024 Market Strength

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

High Arctic Technical and Predictive Indicators

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

Other Information on Investing in High Stock

High Arctic financial ratios help investors to determine whether High Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in High with respect to the benefits of owning High Arctic security.