88 Energy (Australia) Price on September 1, 2023
| 88E Stock | 0 0.0005 33.33% |
Below is the normalized historical share price chart for 88 Energy extending back to January 20, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of 88 Energy stands at 0, as last reported on the 25th of December, with the highest price reaching 0 and the lowest price hitting 0 during the day.
If you're considering investing in 88E Stock, it is important to understand the factors that can impact its price. 88 Energy is out of control given 3 months investment horizon. 88 Energy retains Efficiency (Sharpe Ratio) of 0.13, which signifies that the company had a 0.13% return per unit of price deviation over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 3.44% are justified by taking the suggested risk. Use 88 Energy Standard Deviation of 26.17, coefficient of variation of 729.69, and Market Risk Adjusted Performance of (4.37) to evaluate company specific risk that cannot be diversified away.
At this time, 88 Energy's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock is likely to gain to about 398.9 M in 2024, whereas Stock Based Compensation is likely to drop slightly above 756.1 K in 2024. . 88E Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0027 | 50 Day MA 0.0019 | Beta 0.97 |
88E |
Sharpe Ratio = 0.1348
| Best Portfolio | Best Equity | |||
| Good Returns | 88E | |||
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Estimated Market Risk
| 25.51 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.44 actual daily | 68 68% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average 88 Energy is performing at about 10% 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 88 Energy by adding it to a well-diversified portfolio.
Price Book 0.407 | Book Value 0.005 | Enterprise Value 50 M | Enterprise Value Ebitda (3.24) | Price Sales 115.521 |
88 Energy Valuation on September 1, 2023
It is possible to determine the worth of 88 Energy on a given historical date. On September 1, 2023 88E was worth 0.007 at the beginning of the trading date compared to the closed value of 0.0065. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 88 Energy stock. Still, in general, we apply an absolute valuation method to find 88 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 88 Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 88 Energy's related companies.
| Open | High | Low | Close | Volume | |
| 0.01 | 0.01 | 0.01 | 0.01 | 3,972,781 | |
09/01/2023 | 0.01 | 0.01 | 0.01 | 0.01 | 7,170,252 |
| 0.01 | 0.01 | 0.01 | 0.01 | 14,890,095 |
| Backtest 88 Energy | | | 88 Energy History | | | 88 Energy Valuation | Previous | Next |
88 Energy Trading Date Momentum on September 1, 2023
| On September 04 2023 88 Energy was traded for 0.01 at the closing time. The maximum traded price for the trading interval was 0.01 and the lowest daily price was 0.01 . The daily volume was recorded at 14.9 M. The volume of trading on 4th of September 2023 played a part in the next trading day price drop. The daily price change to the next closing price was 7.69% . The daily price change to the closing price today is 7.69% . |
88 Energy Fundamentals Correlations and Trends
By evaluating 88 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 88 Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 88E financial account trend analysis is a perfect complement when working with valuation or volatility modules.About 88 Energy Stock history
88 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 88E is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 88 Energy 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 88 Energy stock prices may prove useful in developing a viable investing in 88 Energy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 22.6 B | 23.8 B | |
| Net Loss | -63.6 M | -60.5 M |
88 Energy Stock Technical Analysis
88 Energy technical 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, stock market cycles, or different charting patterns.
Price Boundaries
88 Energy Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
88 Energy cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
88 Energy December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how 88 Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 88 Energy shares will generate the highest return on investment. By undertsting and applying 88 Energy stock market strength indicators, traders can identify 88 Energy entry and exit signals to maximize returns
88 Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 88 Energy's price direction in advance. Along with the technical and fundamental analysis of 88E Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 88E 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 | 0.1193 | |||
| Jensen Alpha | 3.6 | |||
| Total Risk Alpha | 2.44 | |||
| Sortino Ratio | 0.0925 | |||
| Treynor Ratio | (4.38) |
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Additional Tools for 88E Stock Analysis
When running 88 Energy's price analysis, check to measure 88 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 88 Energy is operating at the current time. Most of 88 Energy's value examination focuses on studying past and present price action to predict the probability of 88 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 88 Energy's price. Additionally, you may evaluate how the addition of 88 Energy to your portfolios can decrease your overall portfolio volatility.