High Arctic Energy Stock Price on December 14, 2022
| HWO Stock | CAD 1.12 0.03 2.61% |
If you're considering investing in High Stock, it is important to understand the factors that can impact its price. As of today, the current price of High Arctic stands at 1.12, as last reported on the 27th of September, with the highest price reaching 1.15 and the lowest price hitting 1.10 during the day. High Arctic Energy holds Efficiency (Sharpe) Ratio of -0.27, which attests that the entity had a -0.27% return per unit of risk over the last 3 months. High Arctic Energy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out High Arctic's Standard Deviation of 8.13, market risk adjusted performance of (0.96), and Risk Adjusted Performance of (0.21) to validate the risk estimate we provide.
High Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
High |
Sharpe Ratio = -0.2705
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Estimated Market Risk
| 8.13 actual daily | 72 72% of assets are less volatile |
Expected Return
| -2.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.27 actual daily | 0 Most of other assets perform better |
Based on monthly moving average High Arctic 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 High Arctic by adding High Arctic to a well-diversified portfolio.
High Arctic Main Headline on 14th of December 2022
High Arctic Energy dividend paid on 14th of December 2022 |
High Arctic Valuation on December 14, 2022
It is possible to determine the worth of High Arctic on a given historical date. On December 14, 2022 High was worth 5.96 at the beginning of the trading date compared to the closed value of 6.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of High Arctic stock. Still, in general, we apply an absolute valuation method to find High Arctic'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 High Arctic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against High Arctic's related companies.
| Open | High | Low | Close | Volume | |
| 5.88 | 6.08 | 5.88 | 6.00 | 1,850 | |
12/14/2022 | 5.96 | 6.12 | 5.96 | 6.12 | 4,050 |
| 6.16 | 6.16 | 5.92 | 6.08 | 2,075 |
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High Arctic Trading Date Momentum on December 14, 2022
| On December 15 2022 High Arctic Energy was traded for 6.08 at the closing time. The maximum traded price for the trading interval was 6.16 and the lowest daily price was 5.92 . The daily volume was recorded at 2.1 K. The volume of trading on 15th of December 2022 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.65% . The trading delta at closing time to the closing price today is 5.23% . |
High Arctic Energy Fundamentals Correlations and Trends
By evaluating High Arctic'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 High Arctic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. High financial account trend analysis is a perfect complement when working with valuation or volatility modules.About High Arctic Stock history
High Arctic 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 High is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in High Arctic 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 High Arctic stock prices may prove useful in developing a viable investing in High Arctic
High Arctic Energy Services Inc. provides oilfield services in Canada, Papua New Guinea, and the United States. High Arctic Energy Services Inc. was founded in 1993 and is headquartered in Calgary, Canada. HIGH ARCTIC operates under Oil Gas Equipment Services classification in Canada and is traded on Toronto Stock Exchange. It employs 695 people.
High Arctic Stock Technical Analysis
High Arctic 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
High Arctic Period Price Range
Low | September 27, 2024
| High |
0.00 | 0.00 |
High Arctic Energy cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
High Arctic September 27, 2024 Market Strength
Market strength indicators help investors to evaluate how High Arctic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading High Arctic shares will generate the highest return on investment. By undertsting and applying High Arctic stock market strength indicators, traders can identify High Arctic Energy entry and exit signals to maximize returns
High Arctic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for High Arctic's price direction in advance. Along with the technical and fundamental analysis of High Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of High 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 | (0.21) | |||
| Jensen Alpha | (2.46) | |||
| Total Risk Alpha | (3.34) | |||
| Treynor Ratio | (0.97) |
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Other Information on Investing in High Stock
High Arctic financial ratios help investors to determine whether High Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in High with respect to the benefits of owning High Arctic security.