Obsidian Energy Stock Price Transform Weighted Close Price

OBE Stock  USD 5.71  0.13  2.33%   
Obsidian Energy price transform tool provides the execution environment for running the Weighted Close Price transformation and other technical functions against Obsidian Energy. Obsidian Energy value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of price transform indicators. As with most other technical indicators, the Weighted Close Price transformation function is designed to identify and follow existing trends. Obsidian Energy price transformation methods enable investors to generate trading signals using basic price transformation functions such as typical price movement.

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Developed by Larry Williams, the Weighted Close is the average of Obsidian Energy high, low and close of a chart with the close values weighted twice. It can be used to smooth an indicator that normally takes only Obsidian Energy closing price as input.

Obsidian Energy Technical Analysis Modules

Most technical analysis of Obsidian Energy help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Obsidian from various momentum indicators to cycle indicators. When you analyze Obsidian charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Obsidian Energy Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Obsidian Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Obsidian Energy based on widely used predictive technical indicators. In general, we focus on analyzing Obsidian Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Obsidian Energy's daily price indicators and compare them against related drivers, such as price transform and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Obsidian Energy's intrinsic value. In addition to deriving basic predictive indicators for Obsidian Energy, we also check how macroeconomic factors affect Obsidian Energy price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield0.120.088
Price To Sales Ratio1.161.83
Hype
Prediction
LowEstimatedHigh
2.945.748.54
Details
Intrinsic
Valuation
LowRealHigh
4.217.019.81
Details
4 Analysts
Consensus
LowTargetHigh
9.9410.9212.12
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.340.340.34
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Obsidian Energy. Your research has to be compared to or analyzed against Obsidian Energy's peers to derive any actionable benefits. When done correctly, Obsidian Energy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Obsidian Energy.

Align your values with your investing style

In addition to having Obsidian Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index Idea
Macroaxis Index
Invested over 90 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 40 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 40 shares
Investor Favorites Idea
Investor Favorites
Invested few shares
Manufacturing Idea
Manufacturing
Invested over 30 shares
Driverless Cars Idea
Driverless Cars
Invested over 50 shares
Business Services Idea
Business Services
Invested few shares
ESG Investing Idea
ESG Investing
Invested few shares
Banking Idea
Banking
Invested over 40 shares
When determining whether Obsidian Energy is a strong investment it is important to analyze Obsidian Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Obsidian Energy's future performance. For an informed investment choice regarding Obsidian Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Obsidian Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Obsidian Stock refer to our How to Trade Obsidian Stock guide.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Obsidian Energy. If investors know Obsidian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Obsidian Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.4
Earnings Share
1.01
Revenue Per Share
9.012
Quarterly Revenue Growth
0.075
Return On Assets
0.0519
The market value of Obsidian Energy is measured differently than its book value, which is the value of Obsidian that is recorded on the company's balance sheet. Investors also form their own opinion of Obsidian Energy's value that differs from its market value or its book value, called intrinsic value, which is Obsidian Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Obsidian Energy's market value can be influenced by many factors that don't directly affect Obsidian Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Obsidian Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Obsidian Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Obsidian Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.