Reconnaissance Energy Africa Stock Price on December 17, 2024

RECAF Stock  USD 0.73  0.01  1.35%   
If you're considering investing in Reconnaissance OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Reconnaissance Energy stands at 0.73, as last reported on the 20th of December, with the highest price reaching 0.76 and the lowest price hitting 0.70 during the day. Reconnaissance Energy maintains Sharpe Ratio (i.e., Efficiency) of -0.0046, which implies the firm had a -0.0046% return per unit of risk over the last 3 months. Reconnaissance Energy exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Reconnaissance Energy's Coefficient Of Variation of 3467.09, semi deviation of 2.45, and Risk Adjusted Performance of 0.0308 to confirm the risk estimate we provide.
  
Reconnaissance OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0046

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Estimated Market Risk

 3.74
  actual daily
33
67% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Reconnaissance 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 Reconnaissance Energy by adding Reconnaissance Energy to a well-diversified portfolio.

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Reconnaissance Energy Valuation on December 17, 2024

It is possible to determine the worth of Reconnaissance Energy on a given historical date. On December 17, 2024 Reconnaissance was worth 0.75 at the beginning of the trading date compared to the closed value of 0.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Reconnaissance Energy otc stock. Still, in general, we apply an absolute valuation method to find Reconnaissance 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 Reconnaissance Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Reconnaissance Energy's related companies.
 Open High Low Close Volume
  0.74    0.75    0.71    0.73    269,700  
12/17/2024
  0.75    0.75    0.72    0.73    194,300  
  0.73    0.77    0.72    0.74    200,100  
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Open Value
0.75
0.73
Closing Value
11.98
Upside

Reconnaissance Energy Trading Date Momentum on December 17, 2024

On December 18 2024 Reconnaissance Energy Africa was traded for  0.74  at the closing time. The highest daily price throughout the period was 0.77  and the lowest price was  0.72 . The daily volume was 200.1 K. The net trading volume on 12/18/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 1.37% . The trading delta at closing time to current closing price is 1.37% .

Reconnaissance Energy Fundamentals Correlations and Trends

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

About Reconnaissance Energy OTC Stock history

Reconnaissance 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 Reconnaissance is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Reconnaissance 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 Reconnaissance Energy stock prices may prove useful in developing a viable investing in Reconnaissance Energy
Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in exploration and development of oil and gas potential in Namibia and Botswana. It holds a 90 percent interest in a petroleum exploration license that covers an area of approximately 25,341.33 km2 located in Namibia and 100 percent working interest in a petroleum license, which covers an area of 8,990 square km2 located in northwestern Botswana. Reconnaissance Energy is traded on OTC Exchange in the United States.

Reconnaissance Energy OTC Stock Technical Analysis

Reconnaissance Energy technical otc 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, otc market cycles, or different charting patterns.
A focus of Reconnaissance Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Reconnaissance 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

Reconnaissance Energy Period Price Range

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December 20, 2024
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Reconnaissance Energy Africa cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.

Reconnaissance Energy December 20, 2024 Market Strength

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

Reconnaissance Energy Technical and Predictive Indicators

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

When running Reconnaissance Energy's price analysis, check to measure Reconnaissance 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 Reconnaissance Energy is operating at the current time. Most of Reconnaissance Energy's value examination focuses on studying past and present price action to predict the probability of Reconnaissance 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 Reconnaissance Energy's price. Additionally, you may evaluate how the addition of Reconnaissance Energy to your portfolios can decrease your overall portfolio volatility.
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