Cathedral Energy Services Stock Price on July 19, 2024
CETEF Stock | USD 4.52 0.04 0.89% |
If you're considering investing in Cathedral Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Cathedral Energy stands at 4.52, as last reported on the 28th of November, with the highest price reaching 4.52 and the lowest price hitting 4.52 during the day. Cathedral Energy Services secures Sharpe Ratio (or Efficiency) of -0.0045, which signifies that the company had a -0.0045% return per unit of risk over the last 3 months. Cathedral Energy Services exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cathedral Energy's Risk Adjusted Performance of 0.0027, mean deviation of 0.8389, and Standard Deviation of 1.92 to double-check the risk estimate we provide.
Cathedral Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Cathedral |
Sharpe Ratio = -0.0045
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Estimated Market Risk
1.97 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cathedral Energy 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 Cathedral Energy by adding Cathedral Energy to a well-diversified portfolio.
Related Headline
Diamond Offshore Headline on 19th of July 2024
Diamond Offshore wins 89m drillship deal in Gulf of Mexico by splash247.com
Houston-based Diamond Offshore has entered a drilling contract with Beacon Offshore Energy for one of its drillships for work in the US Gulf of Mexico. The drillship Ocean BlackRhino was awarded a contract with a minimum duration of 180 days for a total value of 89m, excluding mobilization and any other additional services. The contract
Cathedral Energy Valuation on July 19, 2024
It is possible to determine the worth of Cathedral Energy on a given historical date. On July 19, 2024 Cathedral was worth 5.02 at the beginning of the trading date compared to the closed value of 4.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cathedral Energy pink sheet. Still, in general, we apply an absolute valuation method to find Cathedral Energy'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 Cathedral Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cathedral Energy's related companies.
Open | High | Low | Close | Volume | |
4.97 | 4.97 | 4.97 | 4.97 | 1.00 | |
07/19/2024 | 5.02 | 5.02 | 4.84 | 4.84 | 200.00 |
4.74 | 4.74 | 4.74 | 4.74 | 400.00 |
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Cathedral Energy Trading Date Momentum on July 19, 2024
On July 22 2024 Cathedral Energy Services was traded for 4.74 at the closing time. The highest daily price throughout the period was 4.74 and the lowest price was 4.74 . The daily volume was 400. The net trading volume on 07/22/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 2.07% . The overall trading delta to current closing price is 4.34% . |
Cathedral Energy Services Fundamentals Correlations and Trends
By evaluating Cathedral Energy'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 Cathedral Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cathedral financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cathedral Energy Pink Sheet history
Cathedral Energy 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 Cathedral is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cathedral Energy Services 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 Cathedral Energy stock prices may prove useful in developing a viable investing in Cathedral Energy
Cathedral Energy Services Ltd., together with its subsidiary, Cathedral Energy Services Inc., offers directional drilling services to oil and natural gas companies in western Canada and the United States. The company was founded in 1998 and is headquartered in Calgary, Canada. Cathedral Energy is traded on OTC Exchange in the United States.
Cathedral Energy Pink Sheet Technical Analysis
Cathedral Energy 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
Cathedral Energy Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Cathedral Energy Services 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.
Cathedral Energy November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Cathedral Energy 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 Cathedral Energy shares will generate the highest return on investment. By undertsting and applying Cathedral Energy pink sheet market strength indicators, traders can identify Cathedral Energy Services entry and exit signals to maximize returns
Cathedral Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cathedral Energy's price direction in advance. Along with the technical and fundamental analysis of Cathedral Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cathedral 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 | 0.0027 | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.31) | |||
Treynor Ratio | (0.04) |
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Complementary Tools for Cathedral Pink Sheet analysis
When running Cathedral Energy's price analysis, check to measure Cathedral Energy'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 Cathedral Energy is operating at the current time. Most of Cathedral Energy's value examination focuses on studying past and present price action to predict the probability of Cathedral Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathedral Energy's price. Additionally, you may evaluate how the addition of Cathedral Energy to your portfolios can decrease your overall portfolio volatility.
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