Parex Resources Stock Price History

PXT Stock  CAD 24.10  0.50  2.03%   
Below is the normalized historical share price chart for Parex Resources extending back to November 12, 2009. 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 Parex Resources stands at 24.10, as last reported on the 11th of May 2024, with the highest price reaching 24.55 and the lowest price hitting 24.06 during the day.
200 Day MA
24.3171
50 Day MA
22.5162
Beta
1.587
 
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If you're considering investing in Parex Stock, it is important to understand the factors that can impact its price. We consider Parex Resources very steady. Parex Resources maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Parex Resources, which you can use to evaluate the volatility of the company. Please check Parex Resources' Semi Deviation of 2.03, coefficient of variation of 793.42, and Risk Adjusted Performance of 0.0842 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
  
At this time, Parex Resources' Total Stockholder Equity is very stable compared to the past year. As of the 11th of May 2024, Common Stock Shares Outstanding is likely to grow to about 129.2 M, while Other Stockholder Equity is likely to drop about 17.4 M. . At this time, Parex Resources' Price Fair Value is very stable compared to the past year. Parex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1069

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Estimated Market Risk

 1.76
  actual daily
15
85% of assets are more volatile

Expected Return

 0.19
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Parex Resources is performing at about 8% 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 Parex Resources by adding it to a well-diversified portfolio.
Price Book
0.9062
Enterprise Value Ebitda
3.6456
Price Sales
2.0736
Shares Float
101.7 M
Dividend Share
1.136

Parex Resources Stock Price History Chart

There are several ways to analyze Parex Stock price data. The simplest method is using a basic Parex candlestick price chart, which shows Parex Resources price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMay 9, 202424.6
Lowest PriceMarch 5, 202419.84

Parex Resources May 11, 2024 Stock Price Synopsis

Various analyses of Parex Resources' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Parex Stock. It can be used to describe the percentage change in the price of Parex Resources from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Parex Stock.
Parex Resources Price Action Indicator(0.45)
Parex Resources Accumulation Distribution 6,874 
Parex Resources Price Daily Balance Of Power(1.02)
Parex Resources Price Rate Of Daily Change 0.98 

Parex Resources May 11, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Parex Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Parex Resources intraday prices and daily technical indicators to check the level of noise trading in Parex Stock and then apply it to test your longer-term investment strategies against Parex.

Parex Stock Price History Data

The price series of Parex Resources for the period between Sun, Feb 11, 2024 and Sat, May 11, 2024 has a statistical range of 4.76 with a coefficient of variation of 6.35. The price distribution for the period has arithmetic mean of 22.1. The median price for the last 90 days is 21.56. The company completed stock split (1:10) on 7th of August 2007. Parex Resources had dividends distributed to its stock-holders on 2024-06-10.
OpenHighLowCloseVolume
05/10/2024 24.48  24.55  24.06  24.10  344,390 
05/09/2024 23.75  24.88  23.70  24.60  556,069 
05/08/2024 23.69  23.92  23.62  23.67  293,118 
05/07/2024 23.55  23.87  23.50  23.71  393,744 
05/06/2024 23.86  23.95  23.50  23.52  559,175 
05/03/2024 24.00  24.03  23.66  23.86  449,799 
05/02/2024 23.64  24.07  23.64  23.94  504,653 
05/01/2024 23.86  23.95  23.45  23.67  374,797 
04/30/2024 24.40  24.40  23.90  24.00  342,280 
04/29/2024 24.16  24.46  24.04  24.40  259,222 
04/26/2024 24.31  24.40  24.15  24.24  365,437 
04/25/2024 24.02  24.36  23.99  24.33  232,788 
04/24/2024 24.18  24.43  24.08  24.23  136,721 
04/23/2024 23.69  24.24  23.50  24.20  269,143 
04/22/2024 23.64  23.84  23.42  23.70  267,174 
04/19/2024 23.65  23.95  23.51  23.74  311,338 
04/18/2024 23.58  23.88  23.46  23.61  399,570 
04/17/2024 23.44  23.88  23.38  23.58  593,153 
04/16/2024 23.19  23.63  23.11  23.50  414,381 
04/15/2024 23.47  23.51  23.13  23.35  358,901 
04/12/2024 23.70  23.99  23.41  23.48  263,249 
04/11/2024 23.63  23.83  23.46  23.58  489,407 
04/10/2024 23.21  23.60  23.21  23.60  439,182 
04/09/2024 23.06  23.34  23.01  23.15  381,215 
04/08/2024 22.93  23.42  22.93  23.12  431,787 
04/05/2024 22.38  23.18  22.38  23.01  922,814 
04/04/2024 22.29  22.47  22.17  22.31  465,380 
04/03/2024 22.11  22.26  21.79  22.22  564,700 
04/02/2024 21.84  22.23  21.84  22.00  585,500 
04/01/2024 21.96  21.96  21.71  21.84  488,336 
03/28/2024 21.60  21.78  21.44  21.64  771,311 
03/27/2024 21.41  21.69  21.36  21.52  331,048 
03/26/2024 21.57  21.65  21.20  21.43  339,477 
03/25/2024 21.20  21.65  21.20  21.56  664,749 
03/22/2024 21.40  21.44  21.09  21.18  487,572 
03/21/2024 21.23  21.68  21.23  21.41  575,424 
03/20/2024 21.15  21.33  21.01  21.20  351,316 
03/19/2024 21.15  21.41  21.08  21.30  632,265 
03/18/2024 21.16  21.28  20.92  21.21  1,085,962 
03/15/2024 20.87  21.19  20.76  21.08  688,730 
03/14/2024 20.69  21.09  20.44  20.90  718,535 
03/13/2024 21.16  21.39  20.54  20.54  485,300 
03/12/2024 21.11  21.26  20.67  20.67  500,700 
03/11/2024 20.88  21.26  20.61  20.77  341,100 
03/08/2024 21.02  21.24  20.53  20.58  862,578 
03/07/2024 21.00  21.25  20.55  20.73  566,539 
03/06/2024 20.65  20.93  20.21  20.21  874,663 
03/05/2024 20.83  21.04  19.84  19.84  1,002,489 
03/04/2024 21.14  21.40  20.49  20.49  1,613,331 
03/01/2024 22.49  22.49  20.13  20.13  2,673,636 
02/29/2024 21.95  22.35  21.51  21.51  797,705 
02/28/2024 21.99  21.99  21.50  21.50  554,754 
02/27/2024 21.57  21.86  21.42  21.42  456,958 
02/26/2024 21.54  22.00  21.18  21.18  402,165 
02/23/2024 21.18  21.58  20.89  21.15  1,104,537 
02/22/2024 21.39  21.64  20.77  20.77  807,408 
02/21/2024 21.19  21.53  21.00  21.00  639,287 
02/20/2024 20.95  21.83  20.81  20.81  1,196,500 
02/16/2024 20.70  20.88  20.41  20.46  586,730 
02/15/2024 20.35  20.85  20.35  20.36  404,199 
02/14/2024 20.50  20.77  20.19  20.19  684,862 

About Parex Resources Stock history

Parex Resources 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 Parex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Parex Resources 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 Parex Resources stock prices may prove useful in developing a viable investing in Parex Resources
Last ReportedProjected for Next Year
Common Stock Shares Outstanding104.5 M129.2 M
Net Income Applicable To Common Shares703.1 M738.2 M

Parex Resources Stock Technical Analysis

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

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Parex Resources Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Parex Resources' price direction in advance. Along with the technical and fundamental analysis of Parex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Parex 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.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parex Resources. 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Complementary Tools for Parex Stock analysis

When running Parex Resources' price analysis, check to measure Parex Resources' 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 Parex Resources is operating at the current time. Most of Parex Resources' value examination focuses on studying past and present price action to predict the probability of Parex Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parex Resources' price. Additionally, you may evaluate how the addition of Parex Resources to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Parex Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Parex Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parex Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.