Civitas Resources Stock Price on November 18, 2024
CIVI Stock | USD 51.47 0.69 1.36% |
If you're considering investing in Civitas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Civitas Resources stands at 51.47, as last reported on the 29th of November, with the highest price reaching 52.37 and the lowest price hitting 50.86 during the day. Civitas Resources secures Sharpe Ratio (or Efficiency) of -0.0808, which signifies that the company had a -0.0808% return per unit of risk over the last 3 months. Civitas Resources exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Civitas Resources' Mean Deviation of 1.63, risk adjusted performance of (0.08), and Standard Deviation of 2.06 to double-check the risk estimate we provide.
Civitas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Civitas |
Sharpe Ratio = -0.0808
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Estimated Market Risk
1.99 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Civitas Resources 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 Civitas Resources by adding Civitas Resources to a well-diversified portfolio.
Civitas Resources Valuation on November 18, 2024
It is possible to determine the worth of Civitas Resources on a given historical date. On November 18, 2024 Civitas was worth 51.88 at the beginning of the trading date compared to the closed value of 51.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Civitas Resources stock. Still, in general, we apply an absolute valuation method to find Civitas Resources' 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 Civitas Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Civitas Resources' related companies.
Open | High | Low | Close | Volume | |
51.49 | 52.43 | 51.11 | 51.18 | 1,062,826 | |
11/18/2024 | 51.88 | 52.61 | 51.62 | 51.99 | 1,041,318 |
51.65 | 52.48 | 50.78 | 50.91 | 1,180,334 |
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Civitas Resources Trading Date Momentum on November 18, 2024
On November 19 2024 Civitas Resources was traded for 50.91 at the closing time. The top price for the day was 52.48 and the lowest listed price was 50.78 . The trading volume for the day was 1.2 M. The trading history from November 19, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.08% . The overall trading delta against the current closing price is 2.17% . |
Civitas Resources Fundamentals Correlations and Trends
By evaluating Civitas Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Civitas Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Civitas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Civitas Resources Stock history
Civitas Resources 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 Civitas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Civitas Resources 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 Civitas Resources stock prices may prove useful in developing a viable investing in Civitas Resources
Civitas Resources, Inc., an exploration and production company, focuses on the acquisition, development, and production of oil and natural gas in the Rocky Mountain region, primarily in the Wattenberg Field of the Denver-Julesburg Basin of Colorado. Civitas Resources, Inc. was founded in 1999 and is based in Denver, Colorado. Civitas Resources operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 322 people.
Civitas Resources Stock Technical Analysis
Civitas Resources 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.
Price Boundaries
Civitas Resources Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Civitas Resources cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Civitas Resources November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Civitas Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Civitas Resources shares will generate the highest return on investment. By undertsting and applying Civitas Resources stock market strength indicators, traders can identify Civitas Resources entry and exit signals to maximize returns
Civitas Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Civitas Resources' price direction in advance. Along with the technical and fundamental analysis of Civitas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Civitas 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 | (0.08) | |||
Jensen Alpha | (0.26) | |||
Total Risk Alpha | (0.56) | |||
Treynor Ratio | (2.51) |
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Math Transform | ||
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
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Volume Indicators |
Complementary Tools for Civitas Stock analysis
When running Civitas Resources' price analysis, check to measure Civitas Resources' 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 Civitas Resources is operating at the current time. Most of Civitas Resources' value examination focuses on studying past and present price action to predict the probability of Civitas Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Civitas Resources' price. Additionally, you may evaluate how the addition of Civitas Resources to your portfolios can decrease your overall portfolio volatility.
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