Ring Energy (Germany) Price on September 8, 2023

KWE1 Stock  EUR 1.44  0.01  0.70%   
If you're considering investing in Ring Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ring Energy stands at 1.44, as last reported on the 3rd of December, with the highest price reaching 1.44 and the lowest price hitting 1.44 during the day. Ring Energy maintains Sharpe Ratio (i.e., Efficiency) of -0.0141, which implies the firm had a -0.0141% return per unit of risk over the last 3 months. Ring Energy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ring Energy's Coefficient Of Variation of (2,156), variance of 10.93, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
  
Ring Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0141

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Estimated Market Risk

 3.16
  actual daily
28
72% of assets are more volatile

Expected Return

 -0.04
  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 Ring 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 Ring Energy by adding Ring Energy to a well-diversified portfolio.

Ring Energy Valuation on September 8, 2023

It is possible to determine the worth of Ring Energy on a given historical date. On September 8, 2023 Ring was worth 1.71 at the beginning of the trading date compared to the closed value of 1.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ring Energy stock. Still, in general, we apply an absolute valuation method to find Ring 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 Ring Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ring Energy's related companies.
 Open High Low Close Volume
  1.79    1.80    1.79    1.80    265.00  
09/08/2023
  1.71    1.74    1.71    1.74    265.00  
  1.76    1.76    1.76    1.76    265.00  
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Open Value
1.71
1.74
Closing Value
11.19
Upside

Ring Energy Trading Date Momentum on September 8, 2023

On September 11 2023 Ring Energy was traded for  1.76  at the closing time. The maximum traded price for the trading interval was 1.76  and the lowest daily price was  1.76 . The daily volume was recorded at 265. The volume of trading on 11th of September 2023 played a part in the next trading day price rise. The trading delta at closing time to the next closing price was 1.15% . The trading delta at closing time to the closing price today is 3.45% .

Ring Energy Fundamentals Correlations and Trends

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

About Ring Energy Stock history

Ring 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 Ring is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ring 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 Ring Energy stock prices may prove useful in developing a viable investing in Ring Energy
As of June 28, 2012, Ring Energy, Inc. was acquired by Stanford Energy Company, in a reverse merger transaction. Ring Energy, Inc. was founded in 2004 and is based in Tulsa, Oklahoma. RING ENERGY is traded on Frankfurt Stock Exchange in Germany.

Ring Energy Stock Technical Analysis

Ring Energy 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 Ring Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ring Energy 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

Ring Energy Period Price Range

Low
December 3, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Ring Energy cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

Ring Energy December 3, 2024 Market Strength

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

Ring Energy Technical and Predictive Indicators

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

Complementary Tools for Ring Stock analysis

When running Ring Energy's price analysis, check to measure Ring 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 Ring Energy is operating at the current time. Most of Ring Energy's value examination focuses on studying past and present price action to predict the probability of Ring 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 Ring Energy's price. Additionally, you may evaluate how the addition of Ring Energy to your portfolios can decrease your overall portfolio volatility.
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