Kraken Energy Corp Stock Price on May 7, 2024
UUSAF Stock | USD 0.03 0 7.53% |
If you're considering investing in Kraken OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Kraken Energy stands at 0.03, as last reported on the 23rd of November, with the highest price reaching 0.03 and the lowest price hitting 0.02 during the day. Kraken Energy Corp has Sharpe Ratio of -0.028, which conveys that the firm had a -0.028% return per unit of risk over the last 3 months. Kraken Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kraken Energy's Mean Deviation of 6.74, standard deviation of 8.68, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide.
Kraken OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Kraken |
Sharpe Ratio = -0.028
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Estimated Market Risk
8.78 actual daily | 78 78% of assets are less volatile |
Expected Return
-0.25 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 Kraken Energy 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 Kraken Energy by adding Kraken Energy to a well-diversified portfolio.
Kraken Energy Valuation on May 7, 2024
It is possible to determine the worth of Kraken Energy on a given historical date. On May 7, 2024 Kraken was worth 0.0718 at the beginning of the trading date compared to the closed value of 0.0764. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kraken Energy otc stock. Still, in general, we apply an absolute valuation method to find Kraken Energy'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 Kraken Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kraken Energy's related companies.
Open | High | Low | Close | Volume | |
0.07 | 0.08 | 0.07 | 0.07 | 30,695 | |
05/07/2024 | 0.07 | 0.08 | 0.07 | 0.08 | 15,100 |
0.07 | 0.08 | 0.07 | 0.07 | 60,475 |
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Kraken Energy Trading Date Momentum on May 7, 2024
On May 08 2024 Kraken Energy Corp was traded for 0.07 at the closing time. The highest daily price throughout the period was 0.08 and the lowest price was 0.07 . The daily volume was 60.5 K. The net trading volume on 05/08/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 6.68% . The trading delta at closing time to current closing price is 17.80% . |
Kraken Energy Corp Fundamentals Correlations and Trends
By evaluating Kraken Energy'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 Kraken Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kraken financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kraken Energy OTC Stock history
Kraken Energy 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 Kraken is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kraken Energy Corp 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 Kraken Energy stock prices may prove useful in developing a viable investing in Kraken Energy
Kraken Energy Corp. engages in the acquisition and exploration of mineral properties in Canada. Kraken Energy Corp. was incorporated in 2011 and is headquartered in Vancouver, Canada. Kraken Energy operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Kraken Energy OTC Stock Technical Analysis
Kraken Energy technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Kraken Energy Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Kraken Energy Corp cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Kraken Energy November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Kraken Energy otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kraken Energy shares will generate the highest return on investment. By undertsting and applying Kraken Energy otc stock market strength indicators, traders can identify Kraken Energy Corp entry and exit signals to maximize returns
Kraken Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kraken Energy's price direction in advance. Along with the technical and fundamental analysis of Kraken OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kraken 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 | (0.30) | |||
Total Risk Alpha | (1.83) | |||
Treynor Ratio | 0.3573 |
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Complementary Tools for Kraken OTC Stock analysis
When running Kraken Energy's price analysis, check to measure Kraken Energy'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 Kraken Energy is operating at the current time. Most of Kraken Energy's value examination focuses on studying past and present price action to predict the probability of Kraken Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kraken Energy's price. Additionally, you may evaluate how the addition of Kraken Energy to your portfolios can decrease your overall portfolio volatility.
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