Abraxas Petroleum Price on May 25, 2023

AXASDelisted Stock  USD 0.03  0.00  0.00%   
If you're considering investing in Abraxas Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Abraxas Petroleum stands at 0.03, as last reported on the 1st of December, with the highest price reaching 0.03 and the lowest price hitting 0.03 during the day. We have found twenty-five technical indicators for Abraxas Petroleum, which you can use to evaluate the volatility of the firm. Please confirm Abraxas Petroleum's Mean Deviation of 20.93, risk adjusted performance of 0.0941, and Downside Deviation of 29.64 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
  
Abraxas Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
AXAS
Based on monthly moving average Abraxas 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 Abraxas Petroleum by adding Abraxas Petroleum to a well-diversified portfolio.

Abraxas Petroleum Valuation on May 25, 2023

It is possible to determine the worth of Abraxas Petroleum on a given historical date. On May 25, 2023 Abraxas was worth 0.04 at the beginning of the trading date compared to the closed value of 0.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Abraxas Petroleum pink sheet. Still, in general, we apply an absolute valuation method to find Abraxas 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 Abraxas Petroleum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Abraxas Petroleum's related companies.
 Open High Low Close Volume
  0.03    0.03    0.03    0.03    700.00  
05/25/2023
  0.04    0.06    0.04    0.06    12,900  
  0.06    0.18    0.06    0.18    2,307  
Backtest Abraxas Petroleum  |  Abraxas Petroleum History  |  Abraxas Petroleum Valuation   PreviousNext  
Open Value
0.04
0.06
Closing Value
0.04
Upside

Abraxas Petroleum Trading Date Momentum on May 25, 2023

On May 26 2023 Abraxas Petroleum was traded for  0.18  at the closing time. The top price for the day was 0.18  and the lowest listed price was  0.06 . The trading volume for the day was 2.3 K. The trading history from May 26, 2023 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 200.00% . The overall trading delta against the current closing price is 16.67% .

Abraxas Petroleum Fundamentals Correlations and Trends

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

About Abraxas Petroleum Pink Sheet history

Abraxas 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 Abraxas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Abraxas 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 Abraxas Petroleum stock prices may prove useful in developing a viable investing in Abraxas Petroleum
Abraxas Petroleum Corporation, an independent energy company, engages in the acquisition, exploration, exploitation, development, and production of oil and gas properties in the United States. The company was founded in 1977 and is based in San Antonio, Texas. Abraxas Petro operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 42 people.

Abraxas Petroleum Pink Sheet Technical Analysis

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

Price Boundaries

Abraxas Petroleum Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Abraxas 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.

Abraxas Petroleum December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Abraxas 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 Abraxas Petroleum shares will generate the highest return on investment. By undertsting and applying Abraxas Petroleum pink sheet market strength indicators, traders can identify Abraxas Petroleum entry and exit signals to maximize returns

Abraxas Petroleum Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Abraxas Petroleum's price direction in advance. Along with the technical and fundamental analysis of Abraxas Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Abraxas 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.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Other Consideration for investing in Abraxas Pink Sheet

If you are still planning to invest in Abraxas Petroleum check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Abraxas Petroleum's history and understand the potential risks before investing.
Global Correlations
Find global opportunities by holding instruments from different markets
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency