Kraken Energy Corp Stock Price on July 2, 2024

If you're considering investing in Kraken OTC Stock, it is important to understand the factors that can impact its price. Kraken Energy Corp has Sharpe Ratio of -0.0464, which conveys that the firm had a -0.0464% return per unit of risk over the last 3 months. Kraken Energy exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kraken Energy's Standard Deviation of 8.94, mean deviation of 6.56, and Risk Adjusted Performance of (0.02) 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.

Sharpe Ratio = -0.0464

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Estimated Market Risk

 8.94
  actual daily
79
79% of assets are less volatile

Expected Return

 -0.41
  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 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 July 2, 2024

It is possible to determine the worth of Kraken Energy on a given historical date. On July 2, 2024 Kraken was worth 0.0825 at the beginning of the trading date compared to the closed value of 0.0825. 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
  0.09    0.09    0.08    0.08    12,362  
07/02/2024
  0.08    0.08    0.08    0.08    38,050  
  0.08    0.08    0.08    0.08    1.00  
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Open Value
0.0825
0.0008
Downside
0.0825
Closing Value
26.91
Upside

Kraken Energy Trading Date Momentum on July 2, 2024

On July 03 2024 Kraken Energy Corp was traded for  0.08  at the closing time. The highest daily price throughout the period was 0.08  and the lowest price was  0.08 . There was no trading activity during the period 1.0. Lack of trading volume on 07/03/2024 did not cause price change. The trading delta at closing time to current closing price is 7.88% .

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

Kraken Energy Period Price Range

Low
December 17, 2024
0.00  NaN%
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 December 17, 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.

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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