Cardinal Energy Stock Price on November 24, 2024

CRLFF Stock  USD 4.82  0.03  0.63%   
If you're considering investing in Cardinal Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Cardinal Energy stands at 4.82, as last reported on the 24th of November, with the highest price reaching 4.82 and the lowest price hitting 4.77 during the day. Cardinal Energy secures Sharpe Ratio (or Efficiency) of -0.059, which signifies that the company had a -0.059% return per unit of risk over the last 3 months. Cardinal Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cardinal Energy's Standard Deviation of 1.32, mean deviation of 1.06, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
  
Cardinal Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.059

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Estimated Market Risk

 1.32
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Cardinal 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 Cardinal Energy by adding Cardinal Energy to a well-diversified portfolio.

Cardinal Energy Valuation on November 24, 2024

It is possible to determine the worth of Cardinal Energy on a given historical date. On November 24, 2024 Cardinal was worth 4.77 at the beginning of the trading date compared to the closed value of 4.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cardinal Energy pink sheet. Still, in general, we apply an absolute valuation method to find Cardinal 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 Cardinal Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cardinal Energy's related companies.
 Open High Low Close Volume
  4.77    4.82    4.77    4.82    200.00  
11/24/2024
  4.77    4.82    4.77    4.82    0.00  
Backtest Cardinal Energy  |  Cardinal Energy History  |  Cardinal Energy Valuation   Previous
Open Value
4.77
4.82
Closing Value
8.74
Upside

Cardinal Energy Trading Date Momentum on November 24, 2024

On November 24 2024 Cardinal Energy was traded for  4.82  at the closing time. The highest daily price throughout the period was 4.82  and the lowest price was  4.77 . There was no trading activity during the period 0.0. Lack of trading volume on 11/24/2024 did not affect price variability. The overall trading delta to current closing price is 1.04% .

Cardinal Energy Fundamentals Correlations and Trends

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

About Cardinal Energy Pink Sheet history

Cardinal 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 Cardinal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cardinal Energy 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 Cardinal Energy stock prices may prove useful in developing a viable investing in Cardinal Energy
Cardinal Energy Ltd. engages in the acquisition, exploration, and production of crude oil and natural gas in the provinces of Alberta, British Columbia, and Saskatchewan. Cardinal Energy Ltd. was incorporated in 2010 and is headquartered in Calgary, Canada. Cardinal Energy is traded on OTC Exchange in the United States.

Cardinal Energy Pink Sheet Technical Analysis

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

Cardinal Energy Period Price Range

Low
November 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Cardinal Energy 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.

Cardinal Energy November 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Cardinal 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 Cardinal Energy shares will generate the highest return on investment. By undertsting and applying Cardinal Energy pink sheet market strength indicators, traders can identify Cardinal Energy entry and exit signals to maximize returns

Cardinal Energy Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cardinal Energy's price direction in advance. Along with the technical and fundamental analysis of Cardinal Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cardinal 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.

Complementary Tools for Cardinal Pink Sheet analysis

When running Cardinal Energy's price analysis, check to measure Cardinal 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 Cardinal Energy is operating at the current time. Most of Cardinal Energy's value examination focuses on studying past and present price action to predict the probability of Cardinal 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 Cardinal Energy's price. Additionally, you may evaluate how the addition of Cardinal Energy to your portfolios can decrease your overall portfolio volatility.
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