Ensign Energy Services Stock Price on November 21, 2023
| ESVIF Stock | USD 1.97 0.01 0.51% |
If you're considering investing in Ensign Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Ensign Energy stands at 1.97, as last reported on the 11th of December 2024, with the highest price reaching 2.02 and the lowest price hitting 1.97 during the day. At this point, Ensign Energy is risky. Ensign Energy Services secures Sharpe Ratio (or Efficiency) of 0.0455, which denotes the company had a 0.0455% return per unit of risk over the last 3 months. We have found thirty technical indicators for Ensign Energy Services, which you can use to evaluate the volatility of the firm. Please confirm Ensign Energy's Mean Deviation of 1.84, coefficient of variation of 2449.46, and Downside Deviation of 2.48 to check if the risk estimate we provide is consistent with the expected return of 0.11%.
Ensign Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Ensign |
Sharpe Ratio = 0.0455
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| Cash | Small Risk | ESVIF | High Risk | Huge Risk |
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Estimated Market Risk
| 2.42 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Ensign Energy is performing at about 3% 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 Ensign Energy by adding it to a well-diversified portfolio.
Ensign Energy Valuation on November 21, 2023
It is possible to determine the worth of Ensign Energy on a given historical date. On November 21, 2023 Ensign was worth 1.53 at the beginning of the trading date compared to the closed value of 1.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ensign Energy pink sheet. Still, in general, we apply an absolute valuation method to find Ensign 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 Ensign Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ensign Energy's related companies.
| Open | High | Low | Close | Volume | |
| 1.62 | 1.62 | 1.60 | 1.60 | 75,900 | |
11/21/2023 | 1.53 | 1.53 | 1.51 | 1.51 | 4,400 |
| 1.48 | 1.51 | 1.48 | 1.50 | 18,600 |
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Ensign Energy Trading Date Momentum on November 21, 2023
| On November 22 2023 Ensign Energy Services was traded for 1.50 at the closing time. The highest daily price throughout the period was 1.51 and the lowest price was 1.48 . The daily volume was 18.6 K. The net trading volume on 11/22/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.66% . The overall trading delta to current closing price is 1.99% . |
Ensign Energy Services Fundamentals Correlations and Trends
By evaluating Ensign 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 Ensign Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ensign financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ensign Energy Pink Sheet history
Ensign 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 Ensign is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ensign 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 Ensign Energy stock prices may prove useful in developing a viable investing in Ensign Energy
Ensign Energy Services Inc., together with its subsidiaries, provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. The company was incorporated in 1987 and is headquartered in Calgary, Canada. Ensign Energy operates under Oil Gas Drilling classification in the United States and is traded on OTC Exchange. It employs 4160 people.
Ensign Energy Pink Sheet Technical Analysis
Ensign 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
Ensign Energy Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Ensign 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.
Ensign Energy December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Ensign 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 Ensign Energy shares will generate the highest return on investment. By undertsting and applying Ensign Energy pink sheet market strength indicators, traders can identify Ensign Energy Services entry and exit signals to maximize returns
Ensign Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ensign Energy's price direction in advance. Along with the technical and fundamental analysis of Ensign Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ensign 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 | 0.0365 | |||
| Jensen Alpha | 0.0455 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.2319 |
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Complementary Tools for Ensign Pink Sheet analysis
When running Ensign Energy's price analysis, check to measure Ensign 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 Ensign Energy is operating at the current time. Most of Ensign Energy's value examination focuses on studying past and present price action to predict the probability of Ensign 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 Ensign Energy's price. Additionally, you may evaluate how the addition of Ensign Energy to your portfolios can decrease your overall portfolio volatility.
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