Spartan Delta Corp Stock Price on May 17, 2023

DALXF Stock  USD 2.47  0.03  1.23%   
If you're considering investing in Spartan Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Spartan Delta stands at 2.47, as last reported on the 27th of November, with the highest price reaching 2.49 and the lowest price hitting 2.44 during the day. Spartan Delta Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0865, which indicates the firm had a -0.0865% return per unit of risk over the last 3 months. Spartan Delta Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Spartan Delta's Variance of 10.8, coefficient of variation of (2,135), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
  
Spartan Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0865

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Estimated Market Risk

 3.44
  actual daily
30
70% of assets are more volatile

Expected Return

 -0.3
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Spartan Delta 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 Spartan Delta by adding Spartan Delta to a well-diversified portfolio.

Spartan Delta Valuation on May 17, 2023

It is possible to determine the worth of Spartan Delta on a given historical date. On May 17, 2023 Spartan was worth 10.84 at the beginning of the trading date compared to the closed value of 10.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spartan Delta pink sheet. Still, in general, we apply an absolute valuation method to find Spartan Delta'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 Spartan Delta where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spartan Delta's related companies.
 Open High Low Close Volume
  11.70    11.78    11.38    11.39    3,208  
05/17/2023
  10.84    10.89    10.84    10.84    6,552  
  10.57    10.86    10.57    10.86    890.00  
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Open Value
10.84
10.84
Closing Value
21.17
Upside

Spartan Delta Trading Date Momentum on May 17, 2023

On May 18 2023 Spartan Delta Corp was traded for  10.86  at the closing time. The highest daily price throughout the period was 10.86  and the lowest price was  10.57 . The daily volume was 890. The net trading volume on 05/18/2023 added to the next day price rise. The overall trading delta to closing price of the next trading day was 0.18% . The trading price change to current closing price is 3.14% .

Spartan Delta Corp Fundamentals Correlations and Trends

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

About Spartan Delta Pink Sheet history

Spartan Delta 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 Spartan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spartan Delta 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 Spartan Delta stock prices may prove useful in developing a viable investing in Spartan Delta
Spartan Delta Corp. engages in the exploration, development, and production of petroleum and natural gas properties in the Western Canada. Spartan Delta Corp. was incorporated in 2006 and is headquartered in Calgary, Canada. SPARTAN DELTA operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 121 people.

Spartan Delta Pink Sheet Technical Analysis

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

Spartan Delta Period Price Range

Low
November 27, 2024
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Spartan Delta Corp 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.

Spartan Delta November 27, 2024 Market Strength

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

Spartan Delta Technical and Predictive Indicators

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

When running Spartan Delta's price analysis, check to measure Spartan Delta'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 Spartan Delta is operating at the current time. Most of Spartan Delta's value examination focuses on studying past and present price action to predict the probability of Spartan Delta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spartan Delta's price. Additionally, you may evaluate how the addition of Spartan Delta to your portfolios can decrease your overall portfolio volatility.
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