Arc Resources Stock Price on April 23, 2024

ARX Stock  CAD 24.21  0.34  1.42%   
Below is the normalized historical share price chart for ARC Resources extending back to July 11, 1996. 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 ARC Resources stands at 24.21, as last reported on the 19th of December, with the highest price reaching 24.30 and the lowest price hitting 24.00 during the day.
200 Day MA
24.4273
50 Day MA
24.6448
Beta
1.214
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in ARC Stock, it is important to understand the factors that can impact its price. As of now, ARC Stock is very steady. ARC Resources retains Efficiency (Sharpe Ratio) of 0.056, which signifies that the company had a 0.056% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for ARC Resources, which you can use to evaluate the volatility of the firm. Please confirm ARC Resources' market risk adjusted performance of 0.0918, and Coefficient Of Variation of 3319.24 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%.
  
At this time, ARC Resources' Total Stockholder Equity is very stable compared to the past year. As of the 19th of December 2024, Common Stock Shares Outstanding is likely to grow to about 641.2 M, while Other Stockholder Equity is likely to drop about 34.3 M. . At this time, ARC Resources' Price To Sales Ratio is very stable compared to the past year. As of the 19th of December 2024, Price Earnings Ratio is likely to grow to 11.09, while Price Book Value Ratio is likely to drop 1.30. ARC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.056

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Estimated Market Risk

 2.17
  actual daily
19
81% of assets are more volatile

Expected Return

 0.12
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average ARC Resources is performing at about 4% 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 ARC Resources by adding it to a well-diversified portfolio.
Price Book
1.8274
Enterprise Value Ebitda
5.3416
Price Sales
2.7892
Shares Float
590.1 M
Dividend Share
0.68

ARC Resources Main Headline on 23rd of April 2024

ARC Resources Price Target Increased to C30.00 by Analysts at CIBC MarketBeat

ARC Resources Valuation on April 23, 2024

It is possible to determine the worth of ARC Resources on a given historical date. On April 23, 2024 ARC was worth 24.45 at the beginning of the trading date compared to the closed value of 24.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ARC Resources stock. Still, in general, we apply an absolute valuation method to find ARC Resources' 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 ARC Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ARC Resources' related companies.
 Open High Low Close Volume
  24.49    24.72    24.14    24.58    2,240,800  
04/23/2024
  24.45    25.02    24.36    24.92    2,514,300  
  24.76    24.94    24.66    24.86    1,081,200  
Backtest ARC Resources  |  ARC Resources History  |  ARC Resources Valuation   PreviousNext  
Open Value
24.45
24.92
Closing Value
30.96
Upside

ARC Resources Trading Date Momentum on April 23, 2024

On April 24 2024 ARC Resources was traded for  24.86  at the closing time. The maximum traded price for the trading interval was 24.94  and the lowest daily price was  24.66 . The daily volume was recorded at 1.1 M. The volume of trading on 24th of April 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.24% . The overall trading delta to the closing price today is 1.69% .

ARC Resources Fundamentals Correlations and Trends

By evaluating ARC Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ARC Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ARC financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About ARC Resources Stock history

ARC Resources 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 ARC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ARC Resources 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 ARC Resources stock prices may prove useful in developing a viable investing in ARC Resources
Last ReportedProjected for Next Year
Common Stock Shares Outstanding610.6 M641.2 M
Net Income Applicable To Common Shares2.6 B2.8 B

ARC Resources Stock Technical Analysis

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

ARC Resources Period Price Range

Low
December 19, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

ARC Resources 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.

ARC Resources December 19, 2024 Market Strength

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

ARC Resources Technical and Predictive Indicators

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

ARC Resources financial ratios help investors to determine whether ARC 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 ARC with respect to the benefits of owning ARC Resources security.