Obsidian Energy Stock Price on December 10, 2024
| OBE Stock | CAD 7.66 0.06 0.78% |
Below is the normalized historical share price chart for Obsidian Energy extending back to December 18, 1989. 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 Obsidian Energy stands at 7.66, as last reported on the 11th of December 2024, with the highest price reaching 7.74 and the lowest price hitting 7.64 during the day.
If you're considering investing in Obsidian Stock, it is important to understand the factors that can impact its price. Obsidian Energy maintains Sharpe Ratio (i.e., Efficiency) of -0.0039, which implies the firm had a -0.0039% return per unit of risk over the last 3 months. Obsidian Energy exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Obsidian Energy's Variance of 6.46, risk adjusted performance of 0.0018, and Coefficient Of Variation of (13,415) to confirm the risk estimate we provide.
At this time, Obsidian Energy's Total Stockholder Equity is very stable compared to the past year. As of the 11th of December 2024, Common Stock is likely to grow to about 3.6 B, while Common Stock Total Equity is likely to drop about 2.4 B. . At this time, Obsidian Energy's Price To Sales Ratio is very stable compared to the past year. As of the 11th of December 2024, Price To Operating Cash Flows Ratio is likely to grow to 3.60, while Price Earnings Ratio is likely to drop 5.96. Obsidian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 9.5106 | 50 Day MA 8.0558 | Beta 2.255 |
Obsidian |
Sharpe Ratio = -0.0039
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | OBE |
Estimated Market Risk
| 2.59 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.01 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 Obsidian 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 Obsidian Energy by adding Obsidian Energy to a well-diversified portfolio.
Price Book 0.3377 | Enterprise Value Ebitda 2.1785 | Price Sales 0.8181 | Shares Float 68.1 M | Wall Street Target Price 13.625 |
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Obsidian Energy Valuation on December 10, 2024
It is possible to determine the worth of Obsidian Energy on a given historical date. On December 10, 2024 Obsidian was worth 7.72 at the beginning of the trading date compared to the closed value of 7.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Obsidian Energy stock. Still, in general, we apply an absolute valuation method to find Obsidian 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 Obsidian Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Obsidian Energy's related companies.
| Open | High | Low | Close | Volume | |
| 7.53 | 7.86 | 7.53 | 7.72 | 183,789 | |
12/10/2024 | 7.72 | 7.74 | 7.64 | 7.66 | 207,268 |
| Backtest Obsidian Energy | | | Obsidian Energy History | | | Obsidian Energy Valuation | Previous |
Obsidian Energy Trading Date Momentum on December 10, 2024
| On December 10 2024 Obsidian Energy was traded for 7.66 at the closing time. The maximum traded price for the trading interval was 7.74 and the lowest daily price was 7.64 . The daily volume was recorded at 207.3 K. The volume of trading on 10th of December 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.78% . |
Obsidian Energy Fundamentals Correlations and Trends
By evaluating Obsidian 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 Obsidian Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Obsidian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Obsidian Energy Stock history
Obsidian 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 Obsidian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Obsidian 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 Obsidian Energy stock prices may prove useful in developing a viable investing in Obsidian Energy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 84.1 M | 59.8 M | |
| Net Income Applicable To Common Shares | 931.6 M | 978.2 M |
Obsidian Energy Stock Technical Analysis
Obsidian Energy 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
Obsidian Energy Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Obsidian Energy 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.
Obsidian Energy December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Obsidian Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Obsidian Energy shares will generate the highest return on investment. By undertsting and applying Obsidian Energy stock market strength indicators, traders can identify Obsidian Energy entry and exit signals to maximize returns
Obsidian Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Obsidian Energy's price direction in advance. Along with the technical and fundamental analysis of Obsidian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Obsidian 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 | 0.0018 | |||
| Jensen Alpha | 0.0607 | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | 0.0369 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Obsidian Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Obsidian Stock, please use our How to Invest in Obsidian Energy guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..