Sandridge Energy Stock Price on March 5, 2024
SD Stock | USD 10.53 0.03 0.29% |
Below is the normalized historical share price chart for SandRidge Energy extending back to October 04, 2016. 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 SandRidge Energy stands at 10.53, as last reported on the 21st of December, with the highest price reaching 10.67 and the lowest price hitting 10.36 during the day.
If you're considering investing in SandRidge Stock, it is important to understand the factors that can impact its price. SandRidge Energy owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0971, which indicates the firm had a -0.0971% return per unit of risk over the last 3 months. SandRidge Energy exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SandRidge Energy's Variance of 3.6, coefficient of variation of (966.27), and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide.
At present, SandRidge Energy's Preferred Stock And Other Adjustments is projected to increase significantly based on the last few years of reporting. . At present, SandRidge Energy's Price Earnings Ratio is projected to slightly grow based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 1.22, whereas Price Earnings To Growth Ratio is projected to grow to (0.11). SandRidge Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of November 2007 | 200 Day MA 13.0745 | 50 Day MA 11.8898 | Beta 2.091 |
SandRidge |
Sharpe Ratio = -0.0971
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | SD |
Estimated Market Risk
1.93 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.19 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 SandRidge 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 SandRidge Energy by adding SandRidge Energy to a well-diversified portfolio.
Price Book 0.8746 | Enterprise Value Ebitda 4.0263 | Price Sales 3.2589 | Shares Float 36.6 M | Dividend Share 0.43 |
SandRidge Energy Valuation on March 5, 2024
It is possible to determine the worth of SandRidge Energy on a given historical date. On March 5, 2024 SandRidge was worth 12.35 at the beginning of the trading date compared to the closed value of 12.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SandRidge Energy stock. Still, in general, we apply an absolute valuation method to find SandRidge 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 SandRidge Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SandRidge Energy's related companies.
Open | High | Low | Close | Volume | |
12.65 | 12.71 | 12.37 | 12.38 | 420,226 | |
03/05/2024 | 12.35 | 12.59 | 12.35 | 12.51 | 457,188 |
12.57 | 12.78 | 12.49 | 12.63 | 567,287 |
Backtest SandRidge Energy | | | SandRidge Energy History | | | SandRidge Energy Valuation | Previous | Next |
SandRidge Energy Trading Date Momentum on March 5, 2024
On March 06 2024 SandRidge Energy was traded for 12.63 at the closing time. The highest price during the trading period was 12.78 and the lowest recorded bid was listed for 12.49 . The volume for the day was 567.3 K. This history from March 6, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 0.96% . The trading price change to the current price is 6.55% . |
SandRidge Energy Fundamentals Correlations and Trends
By evaluating SandRidge 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 SandRidge Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SandRidge financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SandRidge Energy Stock history
SandRidge 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 SandRidge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SandRidge 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 SandRidge Energy stock prices may prove useful in developing a viable investing in SandRidge Energy
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 37.1 M | 35.3 M | |
Net Income Applicable To Common Shares | 278.5 M | 292.4 M |
SandRidge Energy Stock Technical Analysis
SandRidge 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
SandRidge Energy Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
SandRidge Energy cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
SandRidge Energy December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how SandRidge 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 SandRidge Energy shares will generate the highest return on investment. By undertsting and applying SandRidge Energy stock market strength indicators, traders can identify SandRidge Energy entry and exit signals to maximize returns
SandRidge Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SandRidge Energy's price direction in advance. Along with the technical and fundamental analysis of SandRidge Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SandRidge 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 | (0.08) | |||
Jensen Alpha | (0.22) | |||
Total Risk Alpha | (0.26) | |||
Treynor Ratio | (0.25) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for SandRidge Stock analysis
When running SandRidge Energy's price analysis, check to measure SandRidge 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 SandRidge Energy is operating at the current time. Most of SandRidge Energy's value examination focuses on studying past and present price action to predict the probability of SandRidge 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 SandRidge Energy's price. Additionally, you may evaluate how the addition of SandRidge Energy to your portfolios can decrease your overall portfolio volatility.
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |