Battalion Oil Corp Stock Price on June 22, 2023

BATL Stock  USD 3.16  0.16  4.82%   
Below is the normalized historical share price chart for Battalion Oil Corp extending back to December 24, 2019. 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 Battalion Oil stands at 3.16, as last reported on the 12th of December 2024, with the highest price reaching 3.16 and the lowest price hitting 3.16 during the day.
IPO Date
24th of December 2019
200 Day MA
4.9479
50 Day MA
5.602
Beta
1.161
 
Covid
If you're considering investing in Battalion Stock, it is important to understand the factors that can impact its price. Battalion Oil is dangerous given 3 months investment horizon. Battalion Oil Corp secures Sharpe Ratio (or Efficiency) of 0.065, which signifies that the company had a 0.065% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.12% are justified by taking the suggested risk. Use Battalion Oil Downside Deviation of 10.03, mean deviation of 4.87, and Risk Adjusted Performance of 0.0665 to evaluate company specific risk that cannot be diversified away.
  
At this time, Battalion Oil's Capital Stock is quite stable compared to the past year. Preferred Stock And Other Adjustments is expected to rise to about 101.8 M this year, although the value of Common Stock Shares Outstanding will most likely fall to about 15.6 M. . At this time, Battalion Oil's Price Fair Value is quite stable compared to the past year. Battalion Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.065

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Estimated Market Risk

 17.16
  actual daily
96
96% of assets are less volatile

Expected Return

 1.12
  actual daily
22
78% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Battalion Oil is performing at about 5% 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 Battalion Oil by adding it to a well-diversified portfolio.
Price Book
1.4865
Enterprise Value Ebitda
1.6768
Price Sales
0.2716
Shares Float
6.2 M
Wall Street Target Price
18.6

Battalion Oil Valuation on June 22, 2023

It is possible to determine the worth of Battalion Oil on a given historical date. On June 22, 2023 Battalion was worth 5.88 at the beginning of the trading date compared to the closed value of 5.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Battalion Oil stock. Still, in general, we apply an absolute valuation method to find Battalion Oil'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 Battalion Oil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Battalion Oil's related companies.
 Open High Low Close Volume
  6.11    6.16    6.02    6.09    8,867  
06/22/2023
  5.88    5.90    5.70    5.75    25,846  
  5.70    5.82    5.60    5.65    193,964  
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Open Value
5.88
5.75
Closing Value
57.35
Upside

Battalion Oil Trading Date Momentum on June 22, 2023

On June 23 2023 Battalion Oil Corp was traded for  5.65  at the closing time. The top price for the day was 5.82  and the lowest listed price was  5.60 . The trading volume for the day was 194 K. The trading history from June 23, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.74% . The overall trading delta against the current closing price is 2.26% .

Battalion Oil Corp Fundamentals Correlations and Trends

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

About Battalion Oil Stock history

Battalion Oil 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 Battalion is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Battalion Oil 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 Battalion Oil stock prices may prove useful in developing a viable investing in Battalion Oil
Last ReportedProjected for Next Year
Common Stock Shares Outstanding16.4 M15.6 M
Net Income Applicable To Common Shares21.3 M22.4 M

Battalion Oil Stock Technical Analysis

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

Battalion Oil Period Price Range

Low
December 12, 2024
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High

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Battalion Oil December 12, 2024 Market Strength

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

Battalion Oil Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Battalion Oil's price direction in advance. Along with the technical and fundamental analysis of Battalion Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Battalion 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.
When determining whether Battalion Oil Corp is a strong investment it is important to analyze Battalion Oil's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Battalion Oil's future performance. For an informed investment choice regarding Battalion Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Battalion Oil Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Battalion Oil. If investors know Battalion will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Battalion Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
7.127
Earnings Share
(0.38)
Revenue Per Share
11.635
Quarterly Revenue Growth
(0.16)
Return On Assets
0.0709
The market value of Battalion Oil Corp is measured differently than its book value, which is the value of Battalion that is recorded on the company's balance sheet. Investors also form their own opinion of Battalion Oil's value that differs from its market value or its book value, called intrinsic value, which is Battalion Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Battalion Oil's market value can be influenced by many factors that don't directly affect Battalion Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Battalion Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Battalion Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Battalion Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.