Melbana Energy Limited Stock Price on June 18, 2024

MEOAF Stock  USD 0.02  0.00  0.00%   
If you're considering investing in Melbana Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Melbana Energy stands at 0.02, as last reported on the 30th of November, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. We have found three technical indicators for Melbana Energy, which you can use to evaluate the volatility of the firm.
  
Melbana Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Based on monthly moving average Melbana 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 Melbana Energy by adding Melbana Energy to a well-diversified portfolio.

Melbana Energy Valuation on June 18, 2024

It is possible to determine the worth of Melbana Energy on a given historical date. On June 18, 2024 Melbana was worth 0.07 at the beginning of the trading date compared to the closed value of 0.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Melbana Energy pink sheet. Still, in general, we apply an absolute valuation method to find Melbana 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 Melbana Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Melbana Energy's related companies.
 Open High Low Close Volume
  0.07    0.07    0.07    0.07    1.00  
06/18/2024
  0.07    0.07    0.07    0.07    1.00  
  0.07    0.07    0.07    0.07    1.00  
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Open Value
0.07
0.07
Closing Value
0.07
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Melbana Energy Trading Date Momentum on June 18, 2024

On June 20 2024 Melbana Energy Limited was traded for  0.07  at the closing time. The highest daily price throughout the period was 0.07  and the lowest price was  0.07 . There was no trading activity during the period 1.0. Lack of trading volume on 06/20/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% .

Melbana Energy Fundamentals Correlations and Trends

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

About Melbana Energy Pink Sheet history

Melbana 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 Melbana is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Melbana 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 Melbana Energy stock prices may prove useful in developing a viable investing in Melbana Energy
Melbana Energy Limited engages in the oil and gas exploration in Cuba and Australia. Melbana Energy Limited was incorporated in 1994 and is headquartered in Sydney, Australia. Melbana Energy operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.

Melbana Energy Pink Sheet Technical Analysis

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

Melbana Energy Period Price Range

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November 30, 2024
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Melbana Energy Limited 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.

Melbana Energy November 30, 2024 Market Strength

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

Complementary Tools for Melbana Pink Sheet analysis

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