Jericho Oil Corp Stock Price on October 24, 2024

JEV Stock  CAD 0.12  0.01  7.69%   
If you're considering investing in Jericho Stock, it is important to understand the factors that can impact its price. As of today, the current price of Jericho Oil stands at 0.12, as last reported on the 29th of November, with the highest price reaching 0.12 and the lowest price hitting 0.12 during the day. Jericho Oil Corp holds Efficiency (Sharpe) Ratio of -0.0044, which attests that the entity had a -0.0044% return per unit of risk over the last 3 months. Jericho Oil Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jericho Oil's Standard Deviation of 4.74, market risk adjusted performance of (1.09), and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide.
  
At this time, Jericho Oil's Other Stockholder Equity is fairly stable compared to the past year. Total Stockholder Equity is likely to climb to about 21.9 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 195.9 M in 2024. . Price To Sales Ratio is likely to drop to 528.84 in 2024. Price Earnings Ratio is likely to drop to -5.2 in 2024. Jericho Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0044

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Estimated Market Risk

 4.73
  actual daily
42
58% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Jericho Oil 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 Jericho Oil by adding Jericho Oil to a well-diversified portfolio.
Price Book
1.85
Enterprise Value Ebitda
(11.06)
Price Sales
555.2496
Shares Float
189.9 M
Wall Street Target Price
0.5

Jericho Oil Valuation on October 24, 2024

It is possible to determine the worth of Jericho Oil on a given historical date. On October 24, 2024 Jericho was worth 0.12 at the beginning of the trading date compared to the closed value of 0.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jericho Oil stock. Still, in general, we apply an absolute valuation method to find Jericho Oil'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 Jericho Oil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jericho Oil's related companies.
 Open High Low Close Volume
  0.13    0.13    0.12    0.13    18,000  
10/24/2024
  0.12    0.13    0.11    0.13    68,900  
  0.13    0.13    0.13    0.13    1.00  
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Open Value
0.12
0.13
Closing Value
14.31
Upside

Jericho Oil Trading Date Momentum on October 24, 2024

On October 25 2024 Jericho Oil Corp was traded for  0.13  at the closing time. The highest daily price throughout the period was 0.13  and the lowest price was  0.13 . There was no trading activity during the period 1.0. Lack of trading volume on 10/25/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% .

Jericho Oil Corp Fundamentals Correlations and Trends

By evaluating Jericho Oil'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 Jericho Oil's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jericho financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Jericho Oil Stock history

Jericho Oil 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 Jericho is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jericho Oil Corp 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 Jericho Oil stock prices may prove useful in developing a viable investing in Jericho Oil
Last ReportedProjected for Next Year
Common Stock Shares Outstanding248.1 M195.9 M
Net Loss-5.7 M-6 M

Jericho Oil Stock Technical Analysis

Jericho Oil technical 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, stock market cycles, or different charting patterns.
A focus of Jericho Oil technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Jericho Oil trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Jericho Oil Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Jericho Oil Corp cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.

Jericho Oil November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Jericho Oil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jericho Oil shares will generate the highest return on investment. By undertsting and applying Jericho Oil stock market strength indicators, traders can identify Jericho Oil Corp entry and exit signals to maximize returns

Jericho Oil Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Jericho Oil's price direction in advance. Along with the technical and fundamental analysis of Jericho Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jericho 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.

Additional Tools for Jericho Stock Analysis

When running Jericho Oil's price analysis, check to measure Jericho Oil'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 Jericho Oil is operating at the current time. Most of Jericho Oil's value examination focuses on studying past and present price action to predict the probability of Jericho Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jericho Oil's price. Additionally, you may evaluate how the addition of Jericho Oil to your portfolios can decrease your overall portfolio volatility.