Calfrac Well Services Stock Price on November 12, 2024
CFWFF Stock | USD 2.84 0.01 0.35% |
If you're considering investing in Calfrac Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Calfrac Well stands at 2.84, as last reported on the 29th of November, with the highest price reaching 2.84 and the lowest price hitting 2.84 during the day. Calfrac Well Services secures Sharpe Ratio (or Efficiency) of -0.0387, which signifies that the company had a -0.0387% return per unit of risk over the last 3 months. Calfrac Well Services exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Calfrac Well's Mean Deviation of 0.9019, standard deviation of 1.59, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide.
Calfrac Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Calfrac |
Sharpe Ratio = -0.0387
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Estimated Market Risk
1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Calfrac Well 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 Calfrac Well by adding Calfrac Well to a well-diversified portfolio.
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Calfrac Well Valuation on November 12, 2024
It is possible to determine the worth of Calfrac Well on a given historical date. On November 12, 2024 Calfrac was worth 2.67 at the beginning of the trading date compared to the closed value of 2.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Calfrac Well pink sheet. Still, in general, we apply an absolute valuation method to find Calfrac Well'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 Calfrac Well where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Calfrac Well's related companies.
Open | High | Low | Close | Volume | |
2.63 | 2.66 | 2.61 | 2.63 | 20,400 | |
11/12/2024 | 2.67 | 2.75 | 2.67 | 2.75 | 3,800 |
2.73 | 2.73 | 2.73 | 2.73 | 534.00 |
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Calfrac Well Trading Date Momentum on November 12, 2024
On November 13 2024 Calfrac Well Services was traded for 2.73 at the closing time. The highest daily price throughout the period was 2.73 and the lowest price was 2.73 . The daily volume was 534. The net trading volume on 11/13/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.73% . The overall trading delta to current closing price is 5.09% . |
Calfrac Well Services Fundamentals Correlations and Trends
By evaluating Calfrac Well'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 Calfrac Well's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Calfrac financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Calfrac Well Pink Sheet history
Calfrac Well 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 Calfrac is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Calfrac Well Services 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 Calfrac Well stock prices may prove useful in developing a viable investing in Calfrac Well
Calfrac Well Services Ltd., together with its subsidiaries, provides specialized oilfield services in Canada, the United States, and Argentina. The company was founded in 1999 and is headquartered in Calgary, Canada. Calfrac Well operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 2684 people.
Calfrac Well Pink Sheet Technical Analysis
Calfrac Well 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
Calfrac Well Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Calfrac Well Services 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.
Calfrac Well November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Calfrac Well 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 Calfrac Well shares will generate the highest return on investment. By undertsting and applying Calfrac Well pink sheet market strength indicators, traders can identify Calfrac Well Services entry and exit signals to maximize returns
Calfrac Well Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Calfrac Well's price direction in advance. Along with the technical and fundamental analysis of Calfrac Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Calfrac 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 | (0.03) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.32) | |||
Treynor Ratio | 0.5392 |
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Complementary Tools for Calfrac Pink Sheet analysis
When running Calfrac Well's price analysis, check to measure Calfrac Well'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 Calfrac Well is operating at the current time. Most of Calfrac Well's value examination focuses on studying past and present price action to predict the probability of Calfrac Well's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Calfrac Well's price. Additionally, you may evaluate how the addition of Calfrac Well to your portfolios can decrease your overall portfolio volatility.
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