Advantage Oil Gas Stock Price on November 21, 2024
AAV Stock | CAD 9.00 0.11 1.24% |
Below is the normalized historical share price chart for Advantage Oil Gas extending back to October 21, 1993. 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 Advantage Oil stands at 9.00, as last reported on the 2nd of December, with the highest price reaching 9.11 and the lowest price hitting 8.88 during the day.
If you're considering investing in Advantage Stock, it is important to understand the factors that can impact its price. Advantage Oil Gas secures Sharpe Ratio (or Efficiency) of -0.0143, which signifies that the company had a -0.0143% return per unit of risk over the last 3 months. Advantage Oil Gas exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Advantage Oil's Mean Deviation of 1.59, standard deviation of 2.17, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
At this time, Advantage Oil's Other Stockholder Equity is very stable compared to the past year. As of the 2nd of December 2024, Common Stock is likely to grow to about 2.4 B, while Total Stockholder Equity is likely to drop about 992.2 M. . At this time, Advantage Oil's Price Earnings Ratio is very stable compared to the past year. As of the 2nd of December 2024, Price To Operating Cash Flows Ratio is likely to grow to 5.42, while Price To Sales Ratio is likely to drop 1.73. Advantage Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 9.8755 | 50 Day MA 9.1178 | Beta 1.445 |
Advantage |
Sharpe Ratio = -0.0143
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Estimated Market Risk
2.14 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Advantage Oil 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 Advantage Oil by adding Advantage Oil to a well-diversified portfolio.
Price Book 0.9284 | Enterprise Value Ebitda 7.1951 | Price Sales 3.0741 | Shares Float 148.9 M | Wall Street Target Price 13.2273 |
Advantage Oil Valuation on November 21, 2024
It is possible to determine the worth of Advantage Oil on a given historical date. On November 21, 2024 Advantage was worth 9.25 at the beginning of the trading date compared to the closed value of 9.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Advantage Oil stock. Still, in general, we apply an absolute valuation method to find Advantage Oil'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 Advantage Oil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Advantage Oil's related companies.
Open | High | Low | Close | Volume | |
8.61 | 9.16 | 8.61 | 9.12 | 919,425 | |
11/21/2024 | 9.25 | 9.66 | 9.25 | 9.60 | 940,373 |
9.57 | 9.66 | 9.37 | 9.37 | 443,899 |
Backtest Advantage Oil | | | Advantage Oil History | | | Advantage Oil Valuation | Previous | Next |
Advantage Oil Trading Date Momentum on November 21, 2024
On November 22 2024 Advantage Oil Gas was traded for 9.37 at the closing time. The maximum traded price for the trading interval was 9.66 and the lowest daily price was 9.37 . The daily volume was recorded at 443.9 K. The volume of trading on 22nd of November 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 2.40% . The overall trading delta to the closing price today is 7.50% . |
Advantage Oil Gas Fundamentals Correlations and Trends
By evaluating Advantage Oil'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 Advantage Oil's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Advantage financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Advantage Oil Stock history
Advantage Oil 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 Advantage is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Advantage Oil Gas 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 Advantage Oil stock prices may prove useful in developing a viable investing in Advantage Oil
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 171.8 M | 104.5 M | |
Net Income Applicable To Common Shares | 389.5 M | 408.9 M |
Advantage Oil Stock Technical Analysis
Advantage Oil 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
Advantage Oil Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Advantage Oil Gas cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Advantage Oil December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Advantage Oil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Advantage Oil shares will generate the highest return on investment. By undertsting and applying Advantage Oil stock market strength indicators, traders can identify Advantage Oil Gas entry and exit signals to maximize returns
Advantage Oil Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Advantage Oil's price direction in advance. Along with the technical and fundamental analysis of Advantage Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Advantage 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 | (0.02) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.45) | |||
Treynor Ratio | (0.19) |
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Other Information on Investing in Advantage Stock
Advantage Oil financial ratios help investors to determine whether Advantage Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Advantage with respect to the benefits of owning Advantage Oil security.