ShaMaran Petroleum (Germany) Price on October 29, 2014
| 3B8 Stock | EUR 0.04 0.0001 0.27% |
If you're considering investing in ShaMaran Stock, it is important to understand the factors that can impact its price. As of today, the current price of ShaMaran Petroleum stands at 0.04, as last reported on the 18th of April 2024, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. ShaMaran Petroleum is out of control given 3 months investment horizon. ShaMaran Petroleum Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.16% are justified by taking the suggested risk. Use ShaMaran Petroleum Corp Risk Adjusted Performance of 0.1159, coefficient of variation of 589.72, and Semi Deviation of 3.56 to evaluate company specific risk that cannot be diversified away.
ShaMaran Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ShaMaran |
Sharpe Ratio = 0.175
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Estimated Market Risk
| 6.62 actual daily | 58 58% of assets are less volatile |
Expected Return
| 1.16 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average ShaMaran Petroleum is performing at about 13% of its full potential. 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 ShaMaran Petroleum by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About ShaMaran Petroleum Stock history
ShaMaran Petroleum 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 ShaMaran is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ShaMaran Petroleum Corp 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 ShaMaran Petroleum stock prices may prove useful in developing a viable investing in ShaMaran Petroleum
ShaMaran Petroleum Corp., together with its subsidiaries, engages in the exploration and development of oil and gas properties in the Kurdistan Region of Iraq. ShaMaran Petroleum Corp. is headquartered in Vancouver, Canada. ShaMaran Petroleum operates under Oil Gas EP classification in Germany and is traded on Frankfurt Stock Exchange. It employs 9 people.
ShaMaran Petroleum Stock Technical Analysis
ShaMaran Petroleum 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
ShaMaran Petroleum Period Price Range
ShaMaran Petroleum April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how ShaMaran Petroleum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ShaMaran Petroleum shares will generate the highest return on investment. By undertsting and applying ShaMaran Petroleum stock market strength indicators, traders can identify ShaMaran Petroleum Corp entry and exit signals to maximize returns
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.0378 | |||
| Day Typical Price | 0.0378 | |||
| Price Action Indicator | 1.0E-4 | |||
| Period Momentum Indicator | 1.0E-4 |
ShaMaran Petroleum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ShaMaran Petroleum's price direction in advance. Along with the technical and fundamental analysis of ShaMaran Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ShaMaran 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 | 0.1159 | |||
| Jensen Alpha | 1.02 | |||
| Total Risk Alpha | 0.6152 | |||
| Sortino Ratio | 0.1832 | |||
| Treynor Ratio | 0.8457 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ShaMaran Petroleum Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for ShaMaran Stock analysis
When running ShaMaran Petroleum's price analysis, check to measure ShaMaran Petroleum'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 ShaMaran Petroleum is operating at the current time. Most of ShaMaran Petroleum's value examination focuses on studying past and present price action to predict the probability of ShaMaran Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ShaMaran Petroleum's price. Additionally, you may evaluate how the addition of ShaMaran Petroleum to your portfolios can decrease your overall portfolio volatility.
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