Yangarra Resources Stock Price on November 5, 2024
YGRAF Stock | USD 0.74 0.01 1.33% |
If you're considering investing in Yangarra Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Yangarra Resources stands at 0.74, as last reported on the 26th of November, with the highest price reaching 0.76 and the lowest price hitting 0.73 during the day. Yangarra Resources shows Sharpe Ratio of -0.0829, which attests that the company had a -0.0829% return per unit of risk over the last 3 months. Yangarra Resources exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yangarra Resources' Mean Deviation of 1.61, standard deviation of 2.17, and Market Risk Adjusted Performance of (0.28) to validate the risk estimate we provide.
Yangarra Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Yangarra |
Sharpe Ratio = -0.0829
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Estimated Market Risk
2.12 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Yangarra 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 Yangarra Resources by adding Yangarra Resources to a well-diversified portfolio.
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Yangarra Resources Valuation on November 5, 2024
It is possible to determine the worth of Yangarra Resources on a given historical date. On November 5, 2024 Yangarra was worth 0.73 at the beginning of the trading date compared to the closed value of 0.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Yangarra Resources pink sheet. Still, in general, we apply an absolute valuation method to find Yangarra 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 Yangarra Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Yangarra Resources' related companies.
Open | High | Low | Close | Volume | |
0.74 | 0.74 | 0.74 | 0.74 | 42,100 | |
11/05/2024 | 0.73 | 0.73 | 0.73 | 0.73 | 100.00 |
0.73 | 0.74 | 0.73 | 0.74 | 7,600 |
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Yangarra Resources Trading Date Momentum on November 5, 2024
On November 06 2024 Yangarra Resources was traded for 0.74 at the closing time. The highest daily price throughout the period was 0.74 and the lowest price was 0.73 . The daily volume was 7.6 K. The net trading volume on 11/06/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 1.37% . The trading price change to current closing price is 8.22% . |
Yangarra Resources Fundamentals Correlations and Trends
By evaluating Yangarra 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 Yangarra Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Yangarra financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Yangarra Resources Pink Sheet history
Yangarra 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 Yangarra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Yangarra 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 Yangarra Resources stock prices may prove useful in developing a viable investing in Yangarra Resources
Yangarra Resources Ltd., a junior oil and gas company, engages in the exploration, development, and production of oil and natural gas properties in Western Canada. As of February 1, 2022, it had proved plus probable reserves of 141.2 million barrels of oil equivalent. Yangarra Resources operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 65 people.
Yangarra Resources Pink Sheet Technical Analysis
Yangarra 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
Yangarra Resources Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Yangarra Resources 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.
Yangarra Resources November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Yangarra 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 Yangarra Resources shares will generate the highest return on investment. By undertsting and applying Yangarra Resources pink sheet market strength indicators, traders can identify Yangarra Resources entry and exit signals to maximize returns
Yangarra Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Yangarra Resources' price direction in advance. Along with the technical and fundamental analysis of Yangarra Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Yangarra 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 | (0.05) | |||
Jensen Alpha | (0.23) | |||
Total Risk Alpha | (0.50) | |||
Treynor Ratio | (0.29) |
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Volume Indicators |
Complementary Tools for Yangarra Pink Sheet analysis
When running Yangarra Resources' price analysis, check to measure Yangarra 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 Yangarra Resources is operating at the current time. Most of Yangarra Resources' value examination focuses on studying past and present price action to predict the probability of Yangarra Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yangarra Resources' price. Additionally, you may evaluate how the addition of Yangarra Resources to your portfolios can decrease your overall portfolio volatility.
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