Spindletop Og Stock Price on November 1, 2023
SPND Stock | USD 2.60 0.10 3.70% |
If you're considering investing in Spindletop Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Spindletop stands at 2.60, as last reported on the 29th of November, with the highest price reaching 2.60 and the lowest price hitting 2.60 during the day. Spindletop OG owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Spindletop OG exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Spindletop's Coefficient Of Variation of (875.68), variance of 21.13, and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide.
Spindletop Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Spindletop |
Sharpe Ratio = -0.116
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Estimated Market Risk
4.71 actual daily | 41 59% of assets are more volatile |
Expected Return
-0.55 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Spindletop 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 Spindletop by adding Spindletop to a well-diversified portfolio.
Spindletop Valuation on November 1, 2023
It is possible to determine the worth of Spindletop on a given historical date. On November 1, 2023 Spindletop was worth 2.58 at the beginning of the trading date compared to the closed value of 3.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Spindletop pink sheet. Still, in general, we apply an absolute valuation method to find Spindletop'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 Spindletop where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Spindletop's related companies.
Open | High | Low | Close | Volume | |
2.99 | 2.99 | 2.99 | 2.99 | 100.00 | |
11/01/2023 | 2.58 | 3.00 | 2.58 | 3.00 | 400.00 |
3.00 | 3.00 | 3.00 | 3.00 | 1.00 |
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Spindletop Trading Date Momentum on November 1, 2023
On November 02 2023 Spindletop OG was traded for 3.00 at the closing time. The top price for the day was 3.00 and the lowest listed price was 3.00 . There was no trading activity during the period 1.0. Lack of trading volume on November 2, 2023 did not result in any price rise and fall. The trading price change against the current closing price is 0.33% . |
Spindletop OG Fundamentals Correlations and Trends
By evaluating Spindletop'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 Spindletop's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Spindletop financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Spindletop Pink Sheet history
Spindletop 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 Spindletop is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Spindletop OG 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 Spindletop stock prices may prove useful in developing a viable investing in Spindletop
Spindletop Oil Gas Co., an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas in Alabama, Arkansas, Louisiana, Oklahoma, New Mexico, and Texas, the United States. Spindletop Oil Gas Co. was founded in 1985 and is headquartered in Dallas, Texas. Spindletop Oil operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 12 people.
Spindletop Pink Sheet Technical Analysis
Spindletop 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
Spindletop Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Spindletop OG 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.
Spindletop November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Spindletop 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 Spindletop shares will generate the highest return on investment. By undertsting and applying Spindletop pink sheet market strength indicators, traders can identify Spindletop OG entry and exit signals to maximize returns
Spindletop Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Spindletop's price direction in advance. Along with the technical and fundamental analysis of Spindletop Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Spindletop 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 | (0.08) | |||
Jensen Alpha | (0.48) | |||
Total Risk Alpha | (1.23) | |||
Treynor Ratio | 1.13 |
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Volume Indicators |
Complementary Tools for Spindletop Pink Sheet analysis
When running Spindletop's price analysis, check to measure Spindletop'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 Spindletop is operating at the current time. Most of Spindletop's value examination focuses on studying past and present price action to predict the probability of Spindletop's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spindletop's price. Additionally, you may evaluate how the addition of Spindletop to your portfolios can decrease your overall portfolio volatility.
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