Petroshale Stock Price on August 23, 2024

PSHIF Stock  USD 0.28  0.01  3.45%   
If you're considering investing in PetroShale OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of PetroShale stands at 0.28, as last reported on the 2nd of December, with the highest price reaching 0.28 and the lowest price hitting 0.28 during the day. PetroShale maintains Sharpe Ratio (i.e., Efficiency) of -0.2, which implies the firm had a -0.2% return per unit of risk over the last 3 months. PetroShale exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PetroShale's Variance of 5.92, coefficient of variation of (516.78), and Risk Adjusted Performance of (0.14) to confirm the risk estimate we provide.
  
PetroShale OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1966

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Estimated Market Risk

 2.47
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.49
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.2
  actual daily
0
Most of other assets perform better
Based on monthly moving average PetroShale 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 PetroShale by adding PetroShale to a well-diversified portfolio.

PetroShale Valuation on August 23, 2024

It is possible to determine the worth of PetroShale on a given historical date. On August 23, 2024 PetroShale was worth 0.39 at the beginning of the trading date compared to the closed value of 0.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PetroShale otc stock. Still, in general, we apply an absolute valuation method to find PetroShale'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 PetroShale where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PetroShale's related companies.
 Open High Low Close Volume
  0.39    0.39    0.39    0.39    1.00  
08/23/2024
  0.39    0.39    0.39    0.39    1.00  
  0.39    0.39    0.39    0.39    1.00  
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Open Value
0.39
0.39
Closing Value
7.80
Upside

PetroShale Trading Date Momentum on August 23, 2024

On August 26 2024 PetroShale was traded for  0.39  at the closing time. The highest daily price throughout the period was 0.39  and the lowest price was  0.39 . There was no trading activity during the period 1.0. Lack of trading volume on 08/26/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% .

PetroShale Fundamentals Correlations and Trends

By evaluating PetroShale'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 PetroShale's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PetroShale financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About PetroShale OTC Stock history

PetroShale 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 PetroShale is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PetroShale 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 PetroShale stock prices may prove useful in developing a viable investing in PetroShale
Lucero Energy Corp., an independent oil company, engages in the acquisition, development, and production of oil-weighted assets primarily in the Bakken and Three Forks formations in the Williston Basin area of North Dakota. Lucero Energy Corp. was founded in 1994 and is based in Calgary, Canada. Lucero Energy is traded on OTC Exchange in the United States.

PetroShale OTC Stock Technical Analysis

PetroShale 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.
A focus of PetroShale technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of PetroShale 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

PetroShale Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

PetroShale cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.

PetroShale December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how PetroShale 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 PetroShale shares will generate the highest return on investment. By undertsting and applying PetroShale otc stock market strength indicators, traders can identify PetroShale entry and exit signals to maximize returns

PetroShale Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for PetroShale's price direction in advance. Along with the technical and fundamental analysis of PetroShale OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PetroShale 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 PetroShale OTC Stock analysis

When running PetroShale's price analysis, check to measure PetroShale'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 PetroShale is operating at the current time. Most of PetroShale's value examination focuses on studying past and present price action to predict the probability of PetroShale's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PetroShale's price. Additionally, you may evaluate how the addition of PetroShale to your portfolios can decrease your overall portfolio volatility.
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