Surge Energy Stock Price on December 16, 2022

ZPTAF Stock  USD 3.98  0.01  0.25%   
If you're considering investing in Surge Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Surge Energy stands at 3.98, as last reported on the 4th of December, with the highest price reaching 4.00 and the lowest price hitting 3.95 during the day. Surge Energy owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0797, which indicates the firm had a -0.0797% return per unit of risk over the last 3 months. Surge Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Surge Energy's Risk Adjusted Performance of (0.09), variance of 4.33, and Coefficient Of Variation of (804.01) to confirm the risk estimate we provide.
  
Surge Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0797

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Estimated Market Risk

 1.99
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Surge 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 Surge Energy by adding Surge Energy to a well-diversified portfolio.

Surge Energy Valuation on December 16, 2022

It is possible to determine the worth of Surge Energy on a given historical date. On December 16, 2022 Surge was worth 5.45 at the beginning of the trading date compared to the closed value of 5.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Surge Energy pink sheet. Still, in general, we apply an absolute valuation method to find Surge 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 Surge Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Surge Energy's related companies.
 Open High Low Close Volume
  5.49    5.56    5.42    5.54    68,973  
12/16/2022
  5.45    5.51    5.31    5.49    34,087  
  5.50    5.50    5.23    5.31    57,542  
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Open Value
5.45
5.49
Closing Value
11.41
Upside

Surge Energy Trading Date Momentum on December 16, 2022

On December 19 2022 Surge Energy was traded for  5.31  at the closing time. The highest daily price throughout the period was 5.50  and the lowest price was  5.23 . The daily volume was 57.5 K. The net trading volume on 12/19/2022 added to the next day price reduction. The trading date delta to closing price of the next trading day was 3.28% . The trading price change to current closing price is 12.75% .

Surge Energy Fundamentals Correlations and Trends

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

About Surge Energy Pink Sheet history

Surge 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 Surge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Surge 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 Surge Energy stock prices may prove useful in developing a viable investing in Surge Energy
Surge Energy Inc. explores for, develops, and produces oil and gas in western Canada. Surge Energy Inc. was incorporated in 1998 and is headquartered in Calgary, Canada. Surge Energy operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 76 people.

Surge Energy Pink Sheet Technical Analysis

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

Surge Energy Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Surge Energy 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.

Surge Energy December 4, 2024 Market Strength

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

Surge Energy Technical and Predictive Indicators

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

When running Surge Energy's price analysis, check to measure Surge 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 Surge Energy is operating at the current time. Most of Surge Energy's value examination focuses on studying past and present price action to predict the probability of Surge 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 Surge Energy's price. Additionally, you may evaluate how the addition of Surge Energy to your portfolios can decrease your overall portfolio volatility.
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