88 Energy Limited Stock Price on July 30, 2024

EEENF Stock  USD 0  0.0001  9.09%   
If you're considering investing in EEENF Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of 88 Energy stands at 0, as last reported on the 17th of December 2024, with the highest price reaching 0 and the lowest price hitting 0 during the day. 88 Energy Limited retains Efficiency (Sharpe Ratio) of -0.0029, which signifies that the company had a -0.0029% return per unit of price deviation over the last 3 months. 88 Energy exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 88 Energy's Variance of 47.43, insignificant market risk adjusted performance, and Information Ratio of (0.01) to double-check the risk estimate we provide.
  
EEENF Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0029

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Estimated Market Risk

 6.79
  actual daily
60
60% of assets are less volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average 88 Energy 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 88 Energy by adding 88 Energy to a well-diversified portfolio.

88 Energy Valuation on July 30, 2024

It is possible to determine the worth of 88 Energy on a given historical date. On July 30, 2024 EEENF was worth 0.0013 at the beginning of the trading date compared to the closed value of 0.0014. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 88 Energy pink sheet. 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    0    0    0    13,728,072  
07/30/2024
  0    0    0    0    3,469,630  
  0    0    0    0    9,789,473  
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Open Value
0.0013
0.0014
Closing Value
20.39
Upside

88 Energy Trading Date Momentum on July 30, 2024

On July 31 2024 88 Energy Limited was traded for  0  at the closing time. The highest daily price throughout the period was 0  and the lowest price was  0 . The daily volume was 9.8 M. The net trading volume on 07/31/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 14.29% . The daily price change to current closing price is 7.14% .

88 Energy Limited 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. EEENF financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About 88 Energy Pink Sheet 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 EEENF is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 88 Energy Limited 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
88 Energy Limited explores for oil and gas properties in the United States. The company was formerly known as Tangiers Petroleum Limited and changed its name to 88 Energy Limited in February 2015. 88 Energy Limited was incorporated in 1996 and is based in Subiaco, Australia. 88 Energy operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 10 people.

88 Energy Pink Sheet Technical Analysis

88 Energy 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.
A focus of 88 Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of 88 Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

88 Energy Period Price Range

Low
December 17, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

88 Energy Limited 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.

88 Energy December 17, 2024 Market Strength

Market strength indicators help investors to evaluate how 88 Energy 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 88 Energy shares will generate the highest return on investment. By undertsting and applying 88 Energy pink sheet market strength indicators, traders can identify 88 Energy Limited 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 EEENF Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of EEENF 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.

Complementary Tools for EEENF Pink Sheet 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.
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