Woodside Petroleum Stock Price on August 7, 2024
WOPEF Stock | USD 12.54 1.90 13.16% |
If you're considering investing in Woodside Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Woodside Petroleum stands at 12.54, as last reported on the 29th of December, with the highest price reaching 12.54 and the lowest price hitting 12.54 during the day. Woodside Petroleum shows Sharpe Ratio of -0.0469, which attests that the company had a -0.0469% return per unit of risk over the last 3 months. Woodside Petroleum exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Woodside Petroleum's Mean Deviation of 3.68, standard deviation of 5.36, and Market Risk Adjusted Performance of (0.20) to validate the risk estimate we provide.
Woodside Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Woodside |
Sharpe Ratio = -0.0469
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Estimated Market Risk
5.39 actual daily | 47 53% of assets are more volatile |
Expected Return
-0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Woodside Petroleum 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 Woodside Petroleum by adding Woodside Petroleum to a well-diversified portfolio.
Woodside Petroleum Valuation on August 7, 2024
It is possible to determine the worth of Woodside Petroleum on a given historical date. On August 7, 2024 Woodside was worth 14.39 at the beginning of the trading date compared to the closed value of 14.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Woodside Petroleum pink sheet. Still, in general, we apply an absolute valuation method to find Woodside Petroleum'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 Woodside Petroleum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Woodside Petroleum's related companies.
Open | High | Low | Close | Volume | |
15.56 | 15.56 | 15.56 | 15.56 | 1.00 | |
08/07/2024 | 14.39 | 14.92 | 14.10 | 14.92 | 418,228 |
14.10 | 14.10 | 14.10 | 14.10 | 1,774 |
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Woodside Petroleum Trading Date Momentum on August 7, 2024
On August 08 2024 Woodside Petroleum was traded for 14.10 at the closing time. The highest daily price throughout the period was 14.10 and the lowest price was 14.10 . The daily volume was 1.8 K. The net trading volume on 08/08/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 5.50% . The trading price change to current closing price is 5.63% . |
Woodside Petroleum Fundamentals Correlations and Trends
By evaluating Woodside Petroleum'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 Woodside Petroleum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Woodside financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Woodside Petroleum Pink Sheet history
Woodside Petroleum 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 Woodside is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Woodside Petroleum 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 Woodside Petroleum stock prices may prove useful in developing a viable investing in Woodside Petroleum
Woodside Energy Group Ltd engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons in Oceania, Asia, Canada, Africa, and internationally. Woodside Energy Group Ltd was founded in 1954 and is headquartered in Perth, Australia. Woodside Pete operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 3684 people.
Woodside Petroleum Pink Sheet Technical Analysis
Woodside Petroleum 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
Woodside Petroleum Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Woodside Petroleum 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.
Woodside Petroleum December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Woodside Petroleum 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 Woodside Petroleum shares will generate the highest return on investment. By undertsting and applying Woodside Petroleum pink sheet market strength indicators, traders can identify Woodside Petroleum entry and exit signals to maximize returns
Woodside Petroleum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Woodside Petroleum's price direction in advance. Along with the technical and fundamental analysis of Woodside Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Woodside 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 | (0.04) | |||
Jensen Alpha | (0.39) | |||
Total Risk Alpha | (0.51) | |||
Treynor Ratio | (0.21) |
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Complementary Tools for Woodside Pink Sheet analysis
When running Woodside Petroleum's price analysis, check to measure Woodside Petroleum'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 Woodside Petroleum is operating at the current time. Most of Woodside Petroleum's value examination focuses on studying past and present price action to predict the probability of Woodside Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Woodside Petroleum's price. Additionally, you may evaluate how the addition of Woodside Petroleum to your portfolios can decrease your overall portfolio volatility.
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