Whitecap Resources Stock Price on July 15, 2024
SPGYF Stock | USD 7.23 0.24 3.21% |
If you're considering investing in Whitecap Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Whitecap Resources stands at 7.23, as last reported on the 27th of November, with the highest price reaching 7.28 and the lowest price hitting 7.20 during the day. Whitecap Resources shows Sharpe Ratio of -0.0415, which attests that the company had a -0.0415% return per unit of risk over the last 3 months. Whitecap Resources exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Whitecap Resources' Mean Deviation of 1.43, standard deviation of 1.78, and Market Risk Adjusted Performance of (0.32) to validate the risk estimate we provide.
Whitecap Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Whitecap |
Sharpe Ratio = -0.0415
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Estimated Market Risk
1.79 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.07 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 Whitecap Resources 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 Whitecap Resources by adding Whitecap Resources to a well-diversified portfolio.
Whitecap Resources Valuation on July 15, 2024
It is possible to determine the worth of Whitecap Resources on a given historical date. On July 15, 2024 Whitecap was worth 7.36 at the beginning of the trading date compared to the closed value of 7.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Whitecap Resources pink sheet. Still, in general, we apply an absolute valuation method to find Whitecap Resources' 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 Whitecap Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Whitecap Resources' related companies.
Open | High | Low | Close | Volume | |
7.38 | 7.39 | 7.35 | 7.35 | 130,625 | |
07/15/2024 | 7.36 | 7.37 | 7.29 | 7.37 | 207,823 |
7.30 | 7.35 | 7.28 | 7.35 | 94,001 |
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Whitecap Resources Trading Date Momentum on July 15, 2024
On July 16 2024 Whitecap Resources was traded for 7.35 at the closing time. The highest daily price throughout the period was 7.35 and the lowest price was 7.28 . The daily volume was 94 K. The net trading volume on 07/16/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.27% . The trading price change to current closing price is 2.85% . |
Whitecap Resources Fundamentals Correlations and Trends
By evaluating Whitecap Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Whitecap Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Whitecap financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Whitecap Resources Pink Sheet history
Whitecap Resources 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 Whitecap is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Whitecap Resources 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 Whitecap Resources stock prices may prove useful in developing a viable investing in Whitecap Resources
Whitecap Resources Inc., oil and gas company, acquires and develops petroleum and natural gas properties in Canada. As of February 14, 2022, it had a total proved plus probable reserves of 701,829 thousand barrels of oil equivalent. Whitecap Resources operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 453 people.
Whitecap Resources Pink Sheet Technical Analysis
Whitecap Resources 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
Whitecap Resources Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
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Whitecap Resources November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Whitecap Resources 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 Whitecap Resources shares will generate the highest return on investment. By undertsting and applying Whitecap Resources pink sheet market strength indicators, traders can identify Whitecap Resources entry and exit signals to maximize returns
Whitecap Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Whitecap Resources' price direction in advance. Along with the technical and fundamental analysis of Whitecap Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Whitecap 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 | (0.03) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.36) | |||
Treynor Ratio | (0.33) |
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Complementary Tools for Whitecap Pink Sheet analysis
When running Whitecap Resources' price analysis, check to measure Whitecap Resources' 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 Whitecap Resources is operating at the current time. Most of Whitecap Resources' value examination focuses on studying past and present price action to predict the probability of Whitecap Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Whitecap Resources' price. Additionally, you may evaluate how the addition of Whitecap Resources to your portfolios can decrease your overall portfolio volatility.
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