Journey Energy Stock Price on March 13, 2023
JRNGF Stock | USD 1.48 0.02 1.33% |
If you're considering investing in Journey OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Journey Energy stands at 1.48, as last reported on the 11th of December 2024, with the highest price reaching 1.51 and the lowest price hitting 1.48 during the day. Journey Energy holds Efficiency (Sharpe) Ratio of -0.0737, which attests that the entity had a -0.0737% return per unit of risk over the last 3 months. Journey Energy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Journey Energy's Standard Deviation of 2.64, market risk adjusted performance of (0.50), and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide.
Journey OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Journey |
Sharpe Ratio = -0.0737
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Estimated Market Risk
2.64 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Journey 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 Journey Energy by adding Journey Energy to a well-diversified portfolio.
Journey Energy Valuation on March 13, 2023
It is possible to determine the worth of Journey Energy on a given historical date. On March 13, 2023 Journey was worth 4.25 at the beginning of the trading date compared to the closed value of 4.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Journey Energy otc stock. Still, in general, we apply an absolute valuation method to find Journey 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 Journey Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Journey Energy's related companies.
Open | High | Low | Close | Volume | |
4.39 | 4.53 | 4.23 | 4.25 | 306,807 | |
03/13/2023 | 4.25 | 4.30 | 4.00 | 4.06 | 202,627 |
4.02 | 4.25 | 3.98 | 4.05 | 120,113 |
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Journey Energy Trading Date Momentum on March 13, 2023
On March 14 2023 Journey Energy was traded for 4.05 at the closing time. The highest daily price throughout the period was 4.25 and the lowest price was 3.98 . The daily volume was 120.1 K. The net trading volume on 03/14/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.25% . The trading delta at closing time to current closing price is 0.74% . |
Journey Energy Fundamentals Correlations and Trends
By evaluating Journey 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 Journey Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Journey financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Journey Energy OTC Stock history
Journey 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 Journey is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Journey Energy 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 Journey Energy stock prices may prove useful in developing a viable investing in Journey Energy
Journey Energy Inc. engages in the exploration, development, and production of crude oil and natural gas in the province of Alberta, Canada. Journey Energy Inc. was founded in 2007 and is headquartered in Calgary, Canada. Journeyenergyinc operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.
Journey Energy OTC Stock Technical Analysis
Journey Energy technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Journey Energy Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Journey Energy cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.
Journey Energy December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Journey Energy otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Journey Energy shares will generate the highest return on investment. By undertsting and applying Journey Energy otc stock market strength indicators, traders can identify Journey Energy entry and exit signals to maximize returns
Journey Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Journey Energy's price direction in advance. Along with the technical and fundamental analysis of Journey OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Journey 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 | (0.17) | |||
Total Risk Alpha | (0.56) | |||
Treynor Ratio | (0.51) |
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Complementary Tools for Journey OTC Stock analysis
When running Journey Energy's price analysis, check to measure Journey 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 Journey Energy is operating at the current time. Most of Journey Energy's value examination focuses on studying past and present price action to predict the probability of Journey 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 Journey Energy's price. Additionally, you may evaluate how the addition of Journey Energy to your portfolios can decrease your overall portfolio volatility.
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