Abraxas Petroleum Price on June 21, 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 28th of November, with the highest price reaching 0.03 and the lowest price hitting 0.03 during the day. We have found twenty-four technical indicators for Abraxas Petroleum, which you can use to evaluate the volatility of the firm. Please confirm Abraxas Petroleum's Downside Deviation of 29.64, risk adjusted performance of 0.0943, and Mean Deviation of 20.93 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

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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 June 21, 2023

It is possible to determine the worth of Abraxas Petroleum on a given historical date. On June 21, 2023 Abraxas was worth 0.1 at the beginning of the trading date compared to the closed value of 0.1. 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
  0.10    0.10    0.10    0.10    1.00  
06/21/2023
  0.10    0.10    0.10    0.10    1.00  
  0.03    0.03    0.03    0.03    691.00  
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Open Value
0.1
0.1
Closing Value
0.10
Upside

Abraxas Petroleum Trading Date Momentum on June 21, 2023

On June 22 2023 Abraxas Petroleum was traded for  0.03  at the closing time. The top price for the day was 0.03  and the lowest listed price was  0.03 . The trading volume for the day was 691. The trading history from June 22, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 65.30% . The overall trading delta against the current closing price is 65.30% .

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

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November 28, 2024
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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 November 28, 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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.
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