Gear Energy Stock Price on September 6, 2024
| GENGF Stock | USD 0.38 0.02 5.00% |
If you're considering investing in Gear OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gear Energy stands at 0.38, as last reported on the 23rd of November, with the highest price reaching 0.38 and the lowest price hitting 0.37 during the day. Gear Energy holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of standard deviation over the last 3 months. Gear Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gear Energy's risk adjusted performance of (0.09), and Market Risk Adjusted Performance of (2.64) to validate the risk estimate we provide.
Gear OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gear |
Sharpe Ratio = -0.1433
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Estimated Market Risk
| 2.51 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gear 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 Gear Energy by adding Gear Energy to a well-diversified portfolio.
Gear Energy Valuation on September 6, 2024
It is possible to determine the worth of Gear Energy on a given historical date. On September 6, 2024 Gear was worth 0.45 at the beginning of the trading date compared to the closed value of 0.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gear Energy otc stock. Still, in general, we apply an absolute valuation method to find Gear 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 Gear Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gear Energy's related companies.
| Open | High | Low | Close | Volume | |
| 0.46 | 0.46 | 0.45 | 0.45 | 2,187 | |
09/06/2024 | 0.45 | 0.45 | 0.45 | 0.45 | 5,103 |
| 0.45 | 0.45 | 0.44 | 0.44 | 42,885 |
| Backtest Gear Energy | | | Gear Energy History | | | Gear Energy Valuation | Previous | Next |
Gear Energy Trading Date Momentum on September 6, 2024
| On September 09 2024 Gear Energy was traded for 0.44 at the closing time. The highest daily price throughout the period was 0.45 and the lowest price was 0.44 . The daily volume was 42.9 K. The net trading volume on 09/09/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 2.22% . The overall trading delta to current closing price is 4.44% . |
Gear Energy Fundamentals Correlations and Trends
By evaluating Gear 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 Gear Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gear financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gear Energy OTC Stock history
Gear 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 Gear is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gear 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 Gear Energy stock prices may prove useful in developing a viable investing in Gear Energy
Gear Energy Ltd., an exploration and production company, acquires, develops, and holds interests in petroleum and natural gas properties and assets in Canada. As of December 31, 2021, the companys CelticParadise Hill property had proved plus probable reserves of 4,047 thousand barrels of heavy crude oil the Wildmere field had proved plus probable reserves of 3,405 Mbbls of heavy crude oil and 1.4 billion cubic feet of natural gas the Wilson Creek property comprised of proved plus probable reserves of 3,318 Mbbls of light crude oil and natural gas liquids , and 6.2 Bcf of natural gas and the Tableland property had proved plus probable reserves of 5,315 Mbbls of light crude oil and NGLs, and 3.5 BCF of natural gas. Gear Energy operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 29 people.
Gear Energy OTC Stock Technical Analysis
Gear Energy technical otc stock 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, otc market cycles, or different charting patterns.
Price Boundaries
Gear Energy Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Gear Energy cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.
Gear Energy November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Gear Energy otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gear Energy shares will generate the highest return on investment. By undertsting and applying Gear Energy otc stock market strength indicators, traders can identify Gear Energy entry and exit signals to maximize returns
Gear Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gear Energy's price direction in advance. Along with the technical and fundamental analysis of Gear OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gear 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 | (0.09) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (2.65) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Gear OTC Stock analysis
When running Gear Energy's price analysis, check to measure Gear 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 Gear Energy is operating at the current time. Most of Gear Energy's value examination focuses on studying past and present price action to predict the probability of Gear 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 Gear Energy's price. Additionally, you may evaluate how the addition of Gear Energy to your portfolios can decrease your overall portfolio volatility.
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