Xcana Petroleum Stock Price on May 11, 2023
| XCPT Stock | USD 0.03 0.07 73.47% |
If you're considering investing in XCana Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of XCana Petroleum stands at 0.03, as last reported on the 1st of December, with the highest price reaching 0.03 and the lowest price hitting 0.03 during the day. XCana Petroleum is out of control given 3 months investment horizon. XCana Petroleum shows Sharpe Ratio of 0.0907, which attests that the company had a 0.0907% return per unit of risk over the last 3 months. We were able to interpolate data for twenty different technical indicators, which can help you to evaluate if expected returns of 2.87% are justified by taking the suggested risk. Use XCana Petroleum Standard Deviation of 31.38, mean deviation of 9.64, and Market Risk Adjusted Performance of 2.4 to evaluate company specific risk that cannot be diversified away.
XCana Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
XCana |
Sharpe Ratio = 0.0907
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Estimated Market Risk
| 31.62 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.87 actual daily | 57 57% of assets have lower returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average XCana Petroleum is performing at about 7% of its full potential. 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 XCana Petroleum by adding it to a well-diversified portfolio.
XCana Petroleum Valuation on May 11, 2023
It is possible to determine the worth of XCana Petroleum on a given historical date. On May 11, 2023 XCana was worth 0.27 at the beginning of the trading date compared to the closed value of 0.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of XCana Petroleum pink sheet. Still, in general, we apply an absolute valuation method to find XCana Petroleum'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 XCana Petroleum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against XCana Petroleum's related companies.
| Open | High | Low | Close | Volume | |
| 0.27 | 0.27 | 0.27 | 0.27 | 1.00 | |
05/11/2023 | 0.27 | 0.27 | 0.27 | 0.27 | 1.00 |
| 0.27 | 0.27 | 0.27 | 0.27 | 1.00 |
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XCana Petroleum Trading Date Momentum on May 11, 2023
| On May 12 2023 XCana Petroleum was traded for 0.27 at the closing time. The top price for the day was 0.27 and the lowest listed price was 0.27 . There was no trading activity during the period 1.0. Lack of trading volume on May 12, 2023 had no short-term effect on price fluctuation. The trading price change against the current closing price is 33.33% . |
XCana Petroleum Fundamentals Correlations and Trends
By evaluating XCana Petroleum'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 XCana Petroleum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. XCana financial account trend analysis is a perfect complement when working with valuation or volatility modules.About XCana Petroleum Pink Sheet history
XCana Petroleum 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 XCana is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in XCana Petroleum 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 XCana Petroleum stock prices may prove useful in developing a viable investing in XCana Petroleum
XCana Petroleum Corporation, an oil and gas company, is engaged in exploiting oil and gas reserves in the Western Canadian Sedimentary basin. XCana Petroleum Corporation was incorporated in 1980 and is based in Dallas, Texas with subsidiaries in the United States and Colombia. Xcana Petroleum operates under Shell Companies classification in the United States and is traded on OTC Exchange. It employs 170 people.
XCana Petroleum Pink Sheet Technical Analysis
XCana Petroleum 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
XCana Petroleum Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
XCana Petroleum 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.
XCana Petroleum December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how XCana Petroleum 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 XCana Petroleum shares will generate the highest return on investment. By undertsting and applying XCana Petroleum pink sheet market strength indicators, traders can identify XCana Petroleum entry and exit signals to maximize returns
XCana Petroleum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for XCana Petroleum's price direction in advance. Along with the technical and fundamental analysis of XCana Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of XCana 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 | 0.0785 | |||
| Jensen Alpha | 2.66 | |||
| Total Risk Alpha | (2.42) | |||
| Treynor Ratio | 2.39 |
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Additional Tools for XCana Pink Sheet Analysis
When running XCana Petroleum's price analysis, check to measure XCana Petroleum'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 XCana Petroleum is operating at the current time. Most of XCana Petroleum's value examination focuses on studying past and present price action to predict the probability of XCana Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XCana Petroleum's price. Additionally, you may evaluate how the addition of XCana Petroleum to your portfolios can decrease your overall portfolio volatility.