High Arctic Energy Stock Price on December 14, 2022
HGHAF Stock | USD 0.81 0.03 3.57% |
If you're considering investing in High Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of High Arctic stands at 0.81, as last reported on the 30th of November, with the highest price reaching 0.82 and the lowest price hitting 0.75 during the day. High Arctic Energy holds Efficiency (Sharpe) Ratio of -0.099, which attests that the entity had a -0.099% return per unit of risk over the last 3 months. High Arctic Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out High Arctic's Market Risk Adjusted Performance of (0.45), standard deviation of 2.92, and Risk Adjusted Performance of (0.08) to validate the risk estimate we provide.
High Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
High |
Sharpe Ratio = -0.099
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | HGHAF |
Estimated Market Risk
2.94 actual daily | 26 74% of assets are more volatile |
Expected Return
-0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average High Arctic 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 High Arctic by adding High Arctic to a well-diversified portfolio.
High Arctic Main Headline on 14th of December 2022
High Arctic Energy dividend paid on 14th of December 2022 |
High Arctic Valuation on December 14, 2022
It is possible to determine the worth of High Arctic on a given historical date. On December 14, 2022 High was worth 1.11 at the beginning of the trading date compared to the closed value of 1.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of High Arctic pink sheet. Still, in general, we apply an absolute valuation method to find High Arctic'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 High Arctic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against High Arctic's related companies.
Open | High | Low | Close | Volume | |
3.04 | 3.04 | 3.02 | 3.02 | 11,270 | |
12/14/2022 | 1.11 | 1.11 | 1.11 | 1.11 | 1.00 |
3.04 | 3.04 | 2.98 | 2.98 | 2,050 |
Backtest High Arctic | | | High Arctic History | | | High Arctic Valuation | Previous | Next |
High Arctic Trading Date Momentum on December 14, 2022
On December 15 2022 High Arctic Energy was traded for 2.98 at the closing time. The highest daily price throughout the period was 3.04 and the lowest price was 2.98 . The daily volume was 2 K. The net trading volume on 12/15/2022 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 168.47% . The trading delta at closing time to current closing price is 2.70% . |
High Arctic Energy Fundamentals Correlations and Trends
By evaluating High Arctic'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 High Arctic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. High financial account trend analysis is a perfect complement when working with valuation or volatility modules.About High Arctic Pink Sheet history
High Arctic 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 High is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in High Arctic 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 High Arctic stock prices may prove useful in developing a viable investing in High Arctic
High Arctic Energy Services Inc., an oilfield services company, provides oilfield services to exploration and production companies in Canada and Papua New Guinea. High Arctic Energy Services Inc. was founded in 1993 and is headquartered in Calgary, Canada. High Arctic operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 479 people.
High Arctic Pink Sheet Technical Analysis
High Arctic 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
High Arctic Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
High Arctic Energy 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.
High Arctic November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how High Arctic 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 High Arctic shares will generate the highest return on investment. By undertsting and applying High Arctic pink sheet market strength indicators, traders can identify High Arctic Energy entry and exit signals to maximize returns
High Arctic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for High Arctic's price direction in advance. Along with the technical and fundamental analysis of High Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of High 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 | (0.08) | |||
Jensen Alpha | (0.46) | |||
Total Risk Alpha | (0.85) | |||
Treynor Ratio | (0.46) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for High Pink Sheet analysis
When running High Arctic's price analysis, check to measure High Arctic'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 High Arctic is operating at the current time. Most of High Arctic's value examination focuses on studying past and present price action to predict the probability of High Arctic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move High Arctic's price. Additionally, you may evaluate how the addition of High Arctic to your portfolios can decrease your overall portfolio volatility.
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Global Correlations Find global opportunities by holding instruments from different markets |