Petrofac Ltd Adr Stock Price on May 24, 2024
| POFCY Stock | USD 0.06 0 4.17% |
If you're considering investing in Petrofac Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Petrofac stands at 0.06, as last reported on the 29th of November, with the highest price reaching 0.07 and the lowest price hitting 0.06 during the day. Petrofac ADR maintains Sharpe Ratio (i.e., Efficiency) of -0.0251, which implies the firm had a -0.0251% return per unit of risk over the last 3 months. Petrofac ADR exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Petrofac's Risk Adjusted Performance of (0.02), variance of 69.67, and Coefficient Of Variation of (3,093) to confirm the risk estimate we provide.
Petrofac Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Petrofac |
Sharpe Ratio = -0.0251
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Estimated Market Risk
| 8.5 actual daily | 75 75% of assets are less volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Petrofac 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 Petrofac by adding Petrofac to a well-diversified portfolio.
Petrofac Valuation on May 24, 2024
It is possible to determine the worth of Petrofac on a given historical date. On May 24, 2024 Petrofac was worth 0.63 at the beginning of the trading date compared to the closed value of 0.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Petrofac pink sheet. Still, in general, we apply an absolute valuation method to find Petrofac'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 Petrofac where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Petrofac's related companies.
| Open | High | Low | Close | Volume | |
| 0.42 | 0.96 | 0.39 | 0.60 | 2,967,800 | |
05/24/2024 | 0.63 | 0.74 | 0.50 | 0.52 | 1,367,900 |
| 0.54 | 0.64 | 0.43 | 0.44 | 535,500 |
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Petrofac Trading Date Momentum on May 24, 2024
| On May 28 2024 Petrofac Ltd ADR was traded for 0.44 at the closing time. The highest daily price throughout the period was 0.64 and the lowest price was 0.43 . The daily volume was 535.5 K. The net trading volume on 05/28/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 15.38% . The trading delta at closing time to current closing price is 38.46% . |
Petrofac ADR Fundamentals Correlations and Trends
By evaluating Petrofac'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 Petrofac's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Petrofac financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Petrofac Pink Sheet history
Petrofac 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 Petrofac is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Petrofac ADR 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 Petrofac stock prices may prove useful in developing a viable investing in Petrofac
Petrofac Limited designs, builds, manages, and maintains infrastructure for the energy industries in the United Kingdom, Algeria, Thailand, Oman, Kuwait, Iraq, the United Arab Emirates, the Netherlands, and internationally. Petrofac Limited was founded in 1981 and is based in St Helier, Jersey. PETROFAC is traded on OTC Exchange in the United States.
Petrofac Pink Sheet Technical Analysis
Petrofac 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.
Price Boundaries
Petrofac Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Petrofac Ltd ADR 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.
Petrofac November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Petrofac 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 Petrofac shares will generate the highest return on investment. By undertsting and applying Petrofac pink sheet market strength indicators, traders can identify Petrofac Ltd ADR entry and exit signals to maximize returns
Petrofac Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Petrofac's price direction in advance. Along with the technical and fundamental analysis of Petrofac Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Petrofac 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.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.58) | |||
| Total Risk Alpha | (1.54) | |||
| Treynor Ratio | (0.11) |
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Additional Tools for Petrofac Pink Sheet Analysis
When running Petrofac's price analysis, check to measure Petrofac'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 Petrofac is operating at the current time. Most of Petrofac's value examination focuses on studying past and present price action to predict the probability of Petrofac's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petrofac's price. Additionally, you may evaluate how the addition of Petrofac to your portfolios can decrease your overall portfolio volatility.