Laredo Oil Stock Price on November 29, 2024

LRDC Stock  USD 0.32  0.07  17.95%   
If you're considering investing in Laredo Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Laredo Oil stands at 0.32, as last reported on the 12th of December 2024, with the highest price reaching 0.39 and the lowest price hitting 0.32 during the day. Laredo Oil has Sharpe Ratio of -0.0424, which conveys that the firm had a -0.0424% return per unit of risk over the last 3 months. Laredo Oil exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Laredo Oil's Risk Adjusted Performance of (0.02), mean deviation of 3.99, and Standard Deviation of 5.92 to check out the risk estimate we provide.
  
Laredo Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0424

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Estimated Market Risk

 5.59
  actual daily
49
51% of assets are more volatile

Expected Return

 -0.24
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Laredo 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 Laredo Oil by adding Laredo Oil to a well-diversified portfolio.

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Laredo Oil Valuation on November 29, 2024

It is possible to determine the worth of Laredo Oil on a given historical date. On November 29, 2024 Laredo was worth 0.44 at the beginning of the trading date compared to the closed value of 0.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Laredo Oil pink sheet. Still, in general, we apply an absolute valuation method to find Laredo 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 Laredo Oil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Laredo Oil's related companies.
 Open High Low Close Volume
  0.40    0.43    0.40    0.43    2,700  
11/29/2024
  0.44    0.44    0.44    0.44    11,500  
  0.43    0.43    0.39    0.39    13,100  
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Open Value
0.44
0.44
Closing Value
17.21
Upside

Laredo Oil Trading Date Momentum on November 29, 2024

On December 02 2024 Laredo Oil was traded for  0.39  at the closing time. The top price for the day was 0.43  and the lowest listed price was  0.39 . The trading volume for the day was 13.1 K. The trading history from December 2, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 11.36% . The trading delta at closing time against the current closing price is 13.64% .

Laredo Oil Fundamentals Correlations and Trends

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

About Laredo Oil Pink Sheet history

Laredo 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 Laredo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Laredo Oil 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 Laredo Oil stock prices may prove useful in developing a viable investing in Laredo Oil
Laredo Oil, Inc., an oil exploration and production company, engages in the acquisition and exploration of mature oil fields. Laredo Oil, Inc. was incorporated in 2008 and is based in Austin, Texas. Laredo Oil operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 8 people.

Laredo Oil Pink Sheet Technical Analysis

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

Laredo Oil Period Price Range

Low
December 12, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Laredo Oil 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.

Laredo Oil December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how Laredo Oil 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 Laredo Oil shares will generate the highest return on investment. By undertsting and applying Laredo Oil pink sheet market strength indicators, traders can identify Laredo Oil entry and exit signals to maximize returns

Laredo Oil Technical and Predictive Indicators

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

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