Africa Energy Corp Stock Price on September 27, 2024
| HPMCF Stock | USD 0.02 0 5.56% |
If you're considering investing in Africa Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Africa Energy stands at 0.02, as last reported on the 2nd of December, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. Africa Energy Corp secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1% return per unit of risk over the last 3 months. Africa Energy Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Africa Energy's Risk Adjusted Performance of (0.07), standard deviation of 6.06, and Mean Deviation of 2.82 to double-check the risk estimate we provide.
Africa Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Africa |
Sharpe Ratio = -0.1007
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| Negative Returns | HPMCF |
Estimated Market Risk
| 6.16 actual daily | 54 54% of assets are less volatile |
Expected Return
| -0.62 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Africa 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 Africa Energy by adding Africa Energy to a well-diversified portfolio.
Africa Energy Valuation on September 27, 2024
It is possible to determine the worth of Africa Energy on a given historical date. On September 27, 2024 Africa was worth 0.023 at the beginning of the trading date compared to the closed value of 0.023. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Africa Energy pink sheet. Still, in general, we apply an absolute valuation method to find Africa 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 Africa Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Africa Energy's related companies.
| Open | High | Low | Close | Volume | |
| 0.02 | 0.02 | 0.02 | 0.02 | 1.00 | |
09/27/2024 | 0.02 | 0.02 | 0.02 | 0.02 | 10,000 |
| 0.02 | 0.02 | 0.02 | 0.02 | 1.00 |
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Africa Energy Trading Date Momentum on September 27, 2024
| On September 30 2024 Africa Energy Corp was traded for 0.02 at the closing time. The highest daily price throughout the period was 0.02 and the lowest price was 0.02 . There was no trading activity during the period 1.0. Lack of trading volume on 09/30/2024 did not affect price variability. The overall trading delta to current closing price is 8.70% . |
Africa Energy Corp Fundamentals Correlations and Trends
By evaluating Africa 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 Africa Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Africa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Africa Energy Pink Sheet history
Africa 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 Africa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Africa Energy Corp 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 Africa Energy stock prices may prove useful in developing a viable investing in Africa Energy
Africa Energy Corp. operates as an oil and gas exploration and production company in South Africa and Namibia. Africa Energy Corp. was incorporated in 2010 and is headquartered in Vancouver, Canada. Horn Petroleum operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.
Africa Energy Pink Sheet Technical Analysis
Africa 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.
Price Boundaries
Africa Energy Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Africa Energy Corp 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.
Africa Energy December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Africa 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 Africa Energy shares will generate the highest return on investment. By undertsting and applying Africa Energy pink sheet market strength indicators, traders can identify Africa Energy Corp entry and exit signals to maximize returns
Africa Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Africa Energy's price direction in advance. Along with the technical and fundamental analysis of Africa Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Africa 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 | (0.07) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (1.62) | |||
| Treynor Ratio | 0.4651 |
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Complementary Tools for Africa Pink Sheet analysis
When running Africa Energy's price analysis, check to measure Africa 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 Africa Energy is operating at the current time. Most of Africa Energy's value examination focuses on studying past and present price action to predict the probability of Africa 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 Africa Energy's price. Additionally, you may evaluate how the addition of Africa Energy to your portfolios can decrease your overall portfolio volatility.
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