Occidental Petroleum (Brazil) Price on March 31, 2024

OXYP34 Stock  BRL 49.77  0.20  0.40%   
If you're considering investing in Occidental Stock, it is important to understand the factors that can impact its price. As of today, the current price of Occidental Petroleum stands at 49.77, as last reported on the 29th of November, with the highest price reaching 49.80 and the lowest price hitting 48.51 during the day. Occidental Petroleum maintains Sharpe Ratio (i.e., Efficiency) of -0.0516, which implies the firm had a -0.0516% return per unit of risk over the last 3 months. Occidental Petroleum exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Occidental Petroleum's Coefficient Of Variation of (3,517), risk adjusted performance of (0.02), and Variance of 3.57 to confirm the risk estimate we provide.
  
Occidental Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0516

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Estimated Market Risk

 1.91
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Occidental 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 Occidental Petroleum by adding Occidental Petroleum to a well-diversified portfolio.

Occidental Petroleum Valuation on March 31, 2024

It is possible to determine the worth of Occidental Petroleum on a given historical date. On March 31, 2024 Occidental was worth 53.48 at the beginning of the trading date compared to the closed value of 53.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Occidental Petroleum stock. Still, in general, we apply an absolute valuation method to find Occidental 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 Occidental Petroleum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Occidental Petroleum's related companies.
 Open High Low Close Volume
  52.62    52.97    52.52    52.82    885.00  
03/28/2024
  53.48    54.11    53.31    53.96    1,625  
  53.96    55.80    53.96    55.80    3,826  
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Open Value
53.48
53.96
Closing Value
59.20
Upside

Occidental Petroleum Trading Date Momentum on March 31, 2024

On April 01 2024 Occidental Petroleum was traded for  55.80  at the closing time. The highest price during the trading period was 55.80  and the lowest recorded bid was listed for  53.96 . The volume for the day was 3.8 K. This history from April 1, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 3.41% . The trading delta at closing time to the current price is 6.84% .

Occidental Petroleum Fundamentals Correlations and Trends

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

About Occidental Petroleum Stock history

Occidental 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 Occidental is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Occidental 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 Occidental Petroleum stock prices may prove useful in developing a viable investing in Occidental Petroleum
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas. OCCIDENT PTRDRN operates under Oil Gas EP classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 11800 people.

Occidental Petroleum Stock Technical Analysis

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

Occidental Petroleum Period Price Range

Low
November 29, 2024
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High

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Occidental Petroleum cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo 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.

Occidental Petroleum November 29, 2024 Market Strength

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

Occidental Petroleum Technical and Predictive Indicators

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

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