Akita Drilling Stock Price on June 27, 2024
| AKT-A Stock | CAD 1.65 0.03 1.85% |
Below is the normalized historical share price chart for AKITA Drilling extending back to January 08, 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 AKITA Drilling stands at 1.65, as last reported on the 22nd of December, with the highest price reaching 1.68 and the lowest price hitting 1.61 during the day.
If you're considering investing in AKITA Stock, it is important to understand the factors that can impact its price. Currently, AKITA Drilling is risky. AKITA Drilling secures Sharpe Ratio (or Efficiency) of 0.0716, which signifies that the company had a 0.0716% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for AKITA Drilling, which you can use to evaluate the volatility of the firm. Please confirm AKITA Drilling's Risk Adjusted Performance of 0.0872, semi deviation of 1.96, and Mean Deviation of 1.66 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%.
At this time, AKITA Drilling's Total Stockholder Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 8.9 M in 2024, whereas Common Stock is likely to drop slightly above 93.5 M in 2024. . At this time, AKITA Drilling's Price Earnings To Growth Ratio is comparatively stable compared to the past year. Price To Free Cash Flows Ratio is likely to gain to 5.25 in 2024, whereas Price To Sales Ratio is likely to drop 0.23 in 2024. AKITA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 1.4936 | 50 Day MA 1.6278 | Beta 1.981 |
AKITA |
Sharpe Ratio = 0.0716
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.25 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average AKITA Drilling is performing at about 5% 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 AKITA Drilling by adding it to a well-diversified portfolio.
Price Book 0.4095 | Enterprise Value Ebitda 3.1347 | Price Sales 0.3723 | Shares Float 31.6 M | Wall Street Target Price 2.75 |
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AKITA Drilling Valuation on June 27, 2024
It is possible to determine the worth of AKITA Drilling on a given historical date. On June 27, 2024 AKITA was worth 1.36 at the beginning of the trading date compared to the closed value of 1.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AKITA Drilling stock. Still, in general, we apply an absolute valuation method to find AKITA Drilling'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 AKITA Drilling where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AKITA Drilling's related companies.
| Open | High | Low | Close | Volume | |
| 1.33 | 1.34 | 1.33 | 1.33 | 15,320 | |
06/27/2024 | 1.36 | 1.36 | 1.31 | 1.32 | 45,300 |
| 1.32 | 1.35 | 1.30 | 1.34 | 30,070 |
| Backtest AKITA Drilling | | | AKITA Drilling History | | | AKITA Drilling Valuation | Previous | Next |
AKITA Drilling Trading Date Momentum on June 27, 2024
| On June 28 2024 AKITA Drilling was traded for 1.34 at the closing time. The highest price during the trading period was 1.35 and the lowest recorded bid was listed for 1.30 . The volume for the day was 30.1 K. This history from June 28, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 1.52% . The overall trading delta to the current price is 1.52% . |
AKITA Drilling Fundamentals Correlations and Trends
By evaluating AKITA Drilling'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 AKITA Drilling's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AKITA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About AKITA Drilling Stock history
AKITA Drilling 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 AKITA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AKITA Drilling 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 AKITA Drilling stock prices may prove useful in developing a viable investing in AKITA Drilling
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 40.1 M | 24.3 M | |
| Net Income Applicable To Common Shares | 3.9 M | 4.1 M |
AKITA Drilling Quarterly Net Working Capital |
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AKITA Drilling Stock Technical Analysis
AKITA Drilling 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
AKITA Drilling Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
AKITA Drilling 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.
AKITA Drilling December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how AKITA Drilling stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AKITA Drilling shares will generate the highest return on investment. By undertsting and applying AKITA Drilling stock market strength indicators, traders can identify AKITA Drilling entry and exit signals to maximize returns
AKITA Drilling Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for AKITA Drilling's price direction in advance. Along with the technical and fundamental analysis of AKITA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AKITA 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 | 0.0872 | |||
| Jensen Alpha | 0.2164 | |||
| Total Risk Alpha | 0.158 | |||
| Sortino Ratio | 0.0838 | |||
| Treynor Ratio | 0.9335 |
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Additional Tools for AKITA Stock Analysis
When running AKITA Drilling's price analysis, check to measure AKITA Drilling'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 AKITA Drilling is operating at the current time. Most of AKITA Drilling's value examination focuses on studying past and present price action to predict the probability of AKITA Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AKITA Drilling's price. Additionally, you may evaluate how the addition of AKITA Drilling to your portfolios can decrease your overall portfolio volatility.