Oasis Petroleum Stock Price on November 3, 2023

OASPW Stock  USD 55.01  0.32  0.59%   
If you're considering investing in Oasis Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Oasis Petroleum stands at 55.01, as last reported on the 24th of November, with the highest price reaching 56.93 and the lowest price hitting 53.20 during the day. Oasis Petroleum maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15% return per unit of risk over the last 3 months. Oasis Petroleum exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oasis Petroleum's Variance of 10.46, coefficient of variation of (624.67), and Risk Adjusted Performance of (0.12) to confirm the risk estimate we provide.
  
Oasis Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1491

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Estimated Market Risk

 3.21
  actual daily
28
72% of assets are more volatile

Expected Return

 -0.48
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  actual daily
0
Most of other assets perform better
Based on monthly moving average Oasis Petroleum 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 Oasis Petroleum by adding Oasis Petroleum to a well-diversified portfolio.

Oasis Petroleum Valuation on November 3, 2023

It is possible to determine the worth of Oasis Petroleum on a given historical date. On November 3, 2023 Oasis was worth 98.0 at the beginning of the trading date compared to the closed value of 97.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Oasis Petroleum pink sheet. Still, in general, we apply an absolute valuation method to find Oasis Petroleum'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 Oasis Petroleum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Oasis Petroleum's related companies.
 Open High Low Close Volume
  93.00    98.00    92.00    97.99    9,000  
11/03/2023
  98.00    99.99    96.75    97.70    1,200  
  97.70    97.70    97.70    97.70    80.00  
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Open Value
98.0
97.7
Closing Value
107.62
Upside

Oasis Petroleum Trading Date Momentum on November 3, 2023

On November 06 2023 Oasis Petroleum was traded for  97.70  at the closing time. The highest daily price throughout the period was 97.70  and the lowest price was  97.70 . The daily volume was 80.0. The net trading volume on 11/06/2023 did not cause price change. The trading delta at closing time to current closing price is 5.83% .

Oasis Petroleum Fundamentals Correlations and Trends

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

About Oasis Petroleum Pink Sheet history

Oasis Petroleum 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 Oasis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Oasis Petroleum 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 Oasis Petroleum stock prices may prove useful in developing a viable investing in Oasis Petroleum
Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of onshore unconventional oil and natural gas resources in the United States. Oasis Petroleum Inc. was founded in 2007 and is headquartered in Houston, Texas. Oasis Petroleum is traded on OTC Exchange in the United States.

Oasis Petroleum Pink Sheet Technical Analysis

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

Oasis Petroleum Period Price Range

Low
November 24, 2024
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High

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Oasis Petroleum 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.

Oasis Petroleum November 24, 2024 Market Strength

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

Oasis Petroleum Technical and Predictive Indicators

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

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