ShaMaran Petroleum (Sweden) Price History

SNM Stock  SEK 0.90  0.02  2.27%   
If you're considering investing in ShaMaran Stock, it is important to understand the factors that can impact its price. As of today, the current price of ShaMaran Petroleum stands at 0.90, as last reported on the 2nd of December, with the highest price reaching 0.90 and the lowest price hitting 0.87 during the day. ShaMaran Petroleum appears to be extremely dangerous, given 3 months investment horizon. ShaMaran Petroleum Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the firm had a 0.23% return per unit of risk over the last 3 months. By inspecting ShaMaran Petroleum's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please review ShaMaran Petroleum's Risk Adjusted Performance of 0.1661, semi deviation of 1.75, and Coefficient Of Variation of 481.92 to confirm if our risk estimates are consistent with your expectations.
  
ShaMaran Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2283

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Estimated Market Risk

 3.05
  actual daily
27
73% of assets are more volatile

Expected Return

 0.7
  actual daily
13
87% of assets have higher returns

Risk-Adjusted Return

 0.23
  actual daily
17
83% of assets perform better
Based on monthly moving average ShaMaran Petroleum is performing at about 17% 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 ShaMaran Petroleum by adding it to a well-diversified portfolio.

ShaMaran Petroleum Stock Price History Chart

There are several ways to analyze ShaMaran Stock price data. The simplest method is using a basic ShaMaran candlestick price chart, which shows ShaMaran Petroleum price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 25, 20240.95
Lowest PriceOctober 15, 20240.49

ShaMaran Petroleum December 2, 2024 Stock Price Synopsis

Various analyses of ShaMaran Petroleum's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell ShaMaran Stock. It can be used to describe the percentage change in the price of ShaMaran Petroleum from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of ShaMaran Stock.
ShaMaran Petroleum Price Daily Balance Of Power 0.67 
ShaMaran Petroleum Price Rate Of Daily Change 1.02 
ShaMaran Petroleum Price Action Indicator 0.03 

ShaMaran Petroleum December 2, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in ShaMaran Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use ShaMaran Petroleum intraday prices and daily technical indicators to check the level of noise trading in ShaMaran Stock and then apply it to test your longer-term investment strategies against ShaMaran.

ShaMaran Stock Price History Data

The price series of ShaMaran Petroleum for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 has a statistical range of 0.46 with a coefficient of variation of 19.56. The price distribution for the period has arithmetic mean of 0.63. The median price for the last 90 days is 0.58. The company completed stock split (100:93) on 12th of April 2022.
OpenHighLowCloseVolume
12/02/2024
 0.88  0.90  0.87  0.90 
11/29/2024 0.88  0.90  0.87  0.90  5,203,345 
11/28/2024 0.90  0.90  0.87  0.88  3,980,499 
11/27/2024 0.91  0.92  0.88  0.91  11,494,711 
11/26/2024 0.95  0.97  0.87  0.93  14,672,201 
11/25/2024 0.89  0.96  0.89  0.95  30,978,978 
11/22/2024 0.83  0.90  0.83  0.88  15,930,503 
11/21/2024 0.85  0.87  0.84  0.86  10,648,316 
11/20/2024 0.83  0.87  0.80  0.85  19,445,714 
11/19/2024 0.77  0.83  0.77  0.83  17,078,031 
11/18/2024 0.74  0.77  0.74  0.76  6,423,196 
11/15/2024 0.77  0.78  0.74  0.75  12,126,302 
11/14/2024 0.74  0.79  0.74  0.77  13,272,674 
11/13/2024 0.71  0.76  0.71  0.74  14,813,254 
11/12/2024 0.71  0.73  0.70  0.71  5,842,770 
11/11/2024 0.69  0.70  0.66  0.69  15,491,114 
11/08/2024 0.72  0.74  0.67  0.69  22,700,044 
11/07/2024 0.67  0.71  0.65  0.67  13,849,338 
11/06/2024 0.65  0.69  0.64  0.67  10,231,457 
11/05/2024 0.61  0.62  0.60  0.62  2,948,583 
11/04/2024 0.61  0.61  0.60  0.61  1,658,154 
11/01/2024 0.60  0.61  0.60  0.61  2,646,748 
10/31/2024 0.60  0.62  0.59  0.60  2,498,570 
10/30/2024 0.61  0.62  0.57  0.61  3,748,411 
10/29/2024 0.60  0.63  0.60  0.60  1,790,798 
10/28/2024 0.60  0.62  0.57  0.60  5,760,490 
10/25/2024 0.55  0.60  0.55  0.60  5,278,453 
10/24/2024 0.50  0.58  0.50  0.56  4,211,361 
10/23/2024 0.51  0.51  0.50  0.51  427,621 
10/22/2024 0.51  0.52  0.50  0.51  826,172 
10/21/2024 0.52  0.52  0.50  0.51  2,027,547 
10/18/2024 0.50  0.52  0.50  0.52  1,545,902 
10/17/2024 0.50  0.51  0.48  0.50  2,371,691 
10/16/2024 0.50  0.51  0.49  0.50  1,682,870 
10/15/2024 0.52  0.52  0.49  0.49  2,952,427 
10/14/2024 0.54  0.54  0.51  0.52  1,617,258 
10/11/2024 0.54  0.54  0.53  0.54  1,138,963 
10/10/2024 0.55  0.55  0.53  0.54  1,639,777 
10/09/2024 0.56  0.56  0.55  0.55  2,296,618 
10/08/2024 0.55  0.57  0.54  0.56  3,755,953 
10/07/2024 0.54  0.55  0.54  0.55  1,156,489 
10/04/2024 0.54  0.55  0.53  0.54  1,933,063 
10/03/2024 0.55  0.56  0.54  0.54  1,967,699 
10/02/2024 0.55  0.56  0.53  0.55  2,165,153 
10/01/2024 0.55  0.55  0.53  0.54  1,529,177 
09/30/2024 0.56  0.56  0.53  0.55  2,780,414 
09/27/2024 0.54  0.57  0.54  0.56  1,812,761 
09/26/2024 0.53  0.54  0.53  0.54  2,442,802 
09/25/2024 0.53  0.54  0.53  0.53  1,704,633 
09/24/2024 0.53  0.55  0.53  0.53  2,074,108 
09/23/2024 0.56  0.56  0.54  0.55  1,667,475 
09/20/2024 0.57  0.57  0.55  0.56  2,190,401 
09/19/2024 0.57  0.58  0.57  0.57  625,617 
09/18/2024 0.58  0.58  0.57  0.57  729,419 
09/17/2024 0.58  0.58  0.57  0.58  744,702 
09/16/2024 0.58  0.59  0.57  0.57  818,760 
09/13/2024 0.59  0.59  0.57  0.58  693,330 
09/12/2024 0.57  0.60  0.57  0.59  7,863,694 
09/11/2024 0.56  0.58  0.56  0.58  932,417 
09/10/2024 0.57  0.58  0.56  0.57  2,526,110 
09/09/2024 0.57  0.58  0.56  0.57  1,824,642 

About ShaMaran Petroleum Stock history

ShaMaran 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 ShaMaran is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ShaMaran Petroleum 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 ShaMaran Petroleum stock prices may prove useful in developing a viable investing in ShaMaran Petroleum
ShaMaran Petroleum Corp., together with its subsidiaries, engages in the exploration and development of oil and gas. ShaMaran Petroleum Corp. was incorporated in 1991 and is headquartered in Vancouver, Canada. ShaMaran Petroleum operates under Oil Gas EP classification in Sweden and is traded on Stockholm Stock Exchange. It employs 11 people.

ShaMaran Petroleum Stock Technical Analysis

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

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ShaMaran Petroleum Technical and Predictive Indicators

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

Additional Tools for ShaMaran Stock Analysis

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