Headwater Exploration Stock Price on July 25, 2024
CDDRF Stock | USD 4.88 0.03 0.62% |
If you're considering investing in Headwater Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Headwater Exploration stands at 4.88, as last reported on the 28th of November, with the highest price reaching 4.90 and the lowest price hitting 4.88 during the day. Headwater Exploration holds Efficiency (Sharpe) Ratio of -0.0117, which attests that the entity had a -0.0117% return per unit of standard deviation over the last 3 months. Headwater Exploration exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Headwater Exploration's risk adjusted performance of 0.0217, and Market Risk Adjusted Performance of (0.70) to validate the risk estimate we provide.
Headwater Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Headwater |
Sharpe Ratio = -0.0117
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Estimated Market Risk
1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Headwater Exploration 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 Headwater Exploration by adding Headwater Exploration to a well-diversified portfolio.
Headwater Exploration Valuation on July 25, 2024
It is possible to determine the worth of Headwater Exploration on a given historical date. On July 25, 2024 Headwater was worth 5.02 at the beginning of the trading date compared to the closed value of 5.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Headwater Exploration pink sheet. Still, in general, we apply an absolute valuation method to find Headwater Exploration'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 Headwater Exploration where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Headwater Exploration's related companies.
Open | High | Low | Close | Volume | |
5.15 | 5.15 | 5.09 | 5.09 | 7,171 | |
07/25/2024 | 5.02 | 5.15 | 5.02 | 5.13 | 7,563 |
4.97 | 5.22 | 4.90 | 5.20 | 71,427 |
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Headwater Exploration Trading Date Momentum on July 25, 2024
On July 26 2024 Headwater Exploration was traded for 5.20 at the closing time. The highest daily price throughout the period was 5.22 and the lowest price was 4.90 . The daily volume was 71.4 K. The net trading volume on 07/26/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 1.36% . The trading delta at closing time to current closing price is 16.37% . |
Headwater Exploration Fundamentals Correlations and Trends
By evaluating Headwater Exploration'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 Headwater Exploration's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Headwater financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Headwater Exploration Pink Sheet history
Headwater Exploration 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 Headwater is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Headwater Exploration 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 Headwater Exploration stock prices may prove useful in developing a viable investing in Headwater Exploration
Headwater Exploration Inc., a junior resource company, engages in the exploration, development, and production of petroleum and natural gas in the Western Canadian Sedimentary Basin and onshore in New Brunswick. Headwater Exploration Inc. is headquartered in Calgary, Canada. Corridor Resources operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 26 people.
Headwater Exploration Pink Sheet Technical Analysis
Headwater Exploration 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.
Price Boundaries
Headwater Exploration Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Headwater Exploration 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.
Headwater Exploration November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Headwater Exploration 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 Headwater Exploration shares will generate the highest return on investment. By undertsting and applying Headwater Exploration pink sheet market strength indicators, traders can identify Headwater Exploration entry and exit signals to maximize returns
Headwater Exploration Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Headwater Exploration's price direction in advance. Along with the technical and fundamental analysis of Headwater Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Headwater 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.
Risk Adjusted Performance | 0.0217 | |||
Jensen Alpha | 0.0346 | |||
Total Risk Alpha | (0.27) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | (0.71) |
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Volume Indicators |
Complementary Tools for Headwater Pink Sheet analysis
When running Headwater Exploration's price analysis, check to measure Headwater Exploration'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 Headwater Exploration is operating at the current time. Most of Headwater Exploration's value examination focuses on studying past and present price action to predict the probability of Headwater Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Headwater Exploration's price. Additionally, you may evaluate how the addition of Headwater Exploration to your portfolios can decrease your overall portfolio volatility.
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