Far Limited Stock Price on December 2, 2024
| FARYF Stock | USD 0.31 0.02 6.90% |
If you're considering investing in FAR Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of FAR stands at 0.31, as last reported on the 12th of December 2024, with the highest price reaching 0.31 and the lowest price hitting 0.31 during the day. At this point, FAR is abnormally volatile. FAR Limited secures Sharpe Ratio (or Efficiency) of 0.0083, which denotes the company had a 0.0083% return per unit of volatility over the last 3 months. We have found nineteen technical indicators for FAR Limited, which you can use to evaluate the volatility of the entity. Please confirm FAR's Standard Deviation of 1.66, market risk adjusted performance of (0.02), and Mean Deviation of 0.4172 to check if the risk estimate we provide is consistent with the expected return of 0.0141%.
FAR Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
FAR |
Sharpe Ratio = 0.0083
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FARYF |
Estimated Market Risk
| 1.7 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average FAR 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 FAR by adding FAR to a well-diversified portfolio.
Related Headline
EOG Resources Headline on 2nd of December 2024
Are EOG MTDR Stocks Worth Watching Amid Shrinking Rig Activi... by finance.yahoo.com
It would be wise to focus on EOG MTDR stocks, as the crude price is favorable despite BKRs weekly rig count report stating that the tally is shrinking.
FAR Valuation on December 2, 2024
It is possible to determine the worth of FAR on a given historical date. On December 2, 2024 FAR was worth 0.29 at the beginning of the trading date compared to the closed value of 0.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FAR pink sheet. Still, in general, we apply an absolute valuation method to find FAR'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 FAR where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FAR's related companies.
| Open | High | Low | Close | Volume | |
| 0.29 | 0.29 | 0.29 | 0.29 | 1.00 | |
12/02/2024 | 0.29 | 0.29 | 0.29 | 0.29 | 1.00 |
| 0.29 | 0.29 | 0.29 | 0.29 | 1.00 |
| Backtest FAR | | | FAR History | | | FAR Valuation | Previous | Next |
FAR Trading Date Momentum on December 2, 2024
| On December 03 2024 FAR Limited was traded for 0.29 at the closing time. The highest daily price throughout the period was 0.29 and the lowest price was 0.29 . There was no trading activity during the period 1.0. Lack of trading volume on 12/03/2024 did not affect price variability. The overall trading delta to current closing price is 6.90% . |
FAR Limited Fundamentals Correlations and Trends
By evaluating FAR'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 FAR's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FAR financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FAR Pink Sheet history
FAR 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 FAR is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FAR 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 FAR stock prices may prove useful in developing a viable investing in FAR
FAR Limited operates as an oil and gas exploration and development company with primary assets in West Africa and Australia. FAR Limited was incorporated in 1984 and is based in Melbourne, Australia. Far operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.
FAR Pink Sheet Technical Analysis
FAR 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
FAR Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
FAR 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.
FAR December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how FAR 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 FAR shares will generate the highest return on investment. By undertsting and applying FAR pink sheet market strength indicators, traders can identify FAR Limited entry and exit signals to maximize returns
FAR Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FAR's price direction in advance. Along with the technical and fundamental analysis of FAR Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of FAR 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 | 0.0115 | |||
| Jensen Alpha | 0.0159 | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.03) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for FAR Pink Sheet analysis
When running FAR's price analysis, check to measure FAR'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 FAR is operating at the current time. Most of FAR's value examination focuses on studying past and present price action to predict the probability of FAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FAR's price. Additionally, you may evaluate how the addition of FAR to your portfolios can decrease your overall portfolio volatility.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |