88 Energy Limited Stock Price on November 21, 2024
| EEENF Stock | USD 0 0.0001 7.69% |
If you're considering investing in EEENF Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of 88 Energy stands at 0, as last reported on the 29th of November, with the highest price reaching 0 and the lowest price hitting 0 during the day. At this point, 88 Energy is out of control. 88 Energy Limited retains Efficiency (Sharpe Ratio) of 0.0154, which signifies that the company had a 0.0154% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for 88 Energy, which you can use to evaluate the volatility of the entity. Please confirm 88 Energy's Standard Deviation of 6.94, market risk adjusted performance of 0.0039, and Coefficient Of Variation of 416938.83 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%.
EEENF Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
EEENF |
Sharpe Ratio = 0.0154
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| Cash | Small Risk | Average Risk | High Risk | EEENF |
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Estimated Market Risk
| 6.92 actual daily | 61 61% of assets are less volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average 88 Energy is performing at about 1% of its full potential. 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 88 Energy by adding it to a well-diversified portfolio.
88 Energy Valuation on November 21, 2024
It is possible to determine the worth of 88 Energy on a given historical date. On November 21, 2024 EEENF was worth 0.0014 at the beginning of the trading date compared to the closed value of 0.0013. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 88 Energy pink sheet. Still, in general, we apply an absolute valuation method to find 88 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 88 Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 88 Energy's related companies.
| Open | High | Low | Close | Volume | |
| 0 | 0 | 0 | 0 | 6,230,143 | |
11/21/2024 | 0 | 0 | 0 | 0 | 15,201,487 |
| 0 | 0 | 0 | 0 | 12,455,570 |
| Backtest 88 Energy | | | 88 Energy History | | | 88 Energy Valuation | Previous | Next |
88 Energy Trading Date Momentum on November 21, 2024
| On November 22 2024 88 Energy Limited was traded for 0 at the closing time. The highest daily price throughout the period was 0 and the lowest price was 0 . The daily volume was 12.5 M. The net trading volume on 11/22/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 7.69% . The daily price change to current closing price is 7.69% . |
88 Energy Limited Fundamentals Correlations and Trends
By evaluating 88 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 88 Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. EEENF financial account trend analysis is a perfect complement when working with valuation or volatility modules.About 88 Energy Pink Sheet history
88 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 EEENF is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 88 Energy Limited 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 88 Energy stock prices may prove useful in developing a viable investing in 88 Energy
88 Energy Limited explores for oil and gas properties in the United States. The company was formerly known as Tangiers Petroleum Limited and changed its name to 88 Energy Limited in February 2015. 88 Energy Limited was incorporated in 1996 and is based in Subiaco, Australia. 88 Energy operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 10 people.
88 Energy Pink Sheet Technical Analysis
88 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
88 Energy Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
88 Energy Limited 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.
88 Energy November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how 88 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 88 Energy shares will generate the highest return on investment. By undertsting and applying 88 Energy pink sheet market strength indicators, traders can identify 88 Energy Limited entry and exit signals to maximize returns
88 Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 88 Energy's price direction in advance. Along with the technical and fundamental analysis of EEENF Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of EEENF 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 | 0.0091 | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (1.05) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.01) |
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Complementary Tools for EEENF Pink Sheet analysis
When running 88 Energy's price analysis, check to measure 88 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 88 Energy is operating at the current time. Most of 88 Energy's value examination focuses on studying past and present price action to predict the probability of 88 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 88 Energy's price. Additionally, you may evaluate how the addition of 88 Energy to your portfolios can decrease your overall portfolio volatility.
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