Freight Technologies Stock Price on November 21, 2023
| FRGT Stock | USD 1.40 0.04 2.94% |
Below is the normalized historical share price chart for Freight Technologies extending back to August 08, 2017. 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 Freight Technologies stands at 1.40, as last reported on the 29th of November, with the highest price reaching 1.41 and the lowest price hitting 1.36 during the day.
If you're considering investing in Freight Stock, it is important to understand the factors that can impact its price. Freight Technologies secures Sharpe Ratio (or Efficiency) of -0.21, which denotes the company had a -0.21% return per unit of risk over the last 3 months. Freight Technologies exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Freight Technologies' Standard Deviation of 7.36, variance of 54.22, and Mean Deviation of 5.63 to check the risk estimate we provide.
At this time, Freight Technologies' Liabilities And Stockholders Equity is comparatively stable compared to the past year. Common Stock is likely to gain to about 2.5 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 20 M in 2024. . Price To Sales Ratio is likely to drop to 0.22 in 2024. Price Earnings Ratio is likely to gain to -0.41 in 2024. Freight Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 8th of August 2017 | 200 Day MA 14.4722 | 50 Day MA 1.8372 | Beta 1.48 |
Freight |
Sharpe Ratio = -0.2115
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| Negative Returns | FRGT |
Estimated Market Risk
| 7.46 actual daily | 66 66% of assets are less volatile |
Expected Return
| -1.58 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Freight Technologies 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 Freight Technologies by adding Freight Technologies to a well-diversified portfolio.
Price Book 1.0446 | Enterprise Value Ebitda (1.02) | Price Sales 0.1598 | Shares Float 96.8 K | Wall Street Target Price 90 |
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Freight Technologies Valuation on November 21, 2023
It is possible to determine the worth of Freight Technologies on a given historical date. On November 21, 2023 Freight was worth 85.0 at the beginning of the trading date compared to the closed value of 80.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Freight Technologies stock. Still, in general, we apply an absolute valuation method to find Freight Technologies' 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 Freight Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Freight Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 87.25 | 88.75 | 79.50 | 84.50 | 844.00 | |
11/21/2023 | 85.00 | 86.45 | 75.00 | 80.00 | 1,072 |
| 80.00 | 84.25 | 78.25 | 84.25 | 418.00 |
| Backtest Freight Technologies | | | Freight Technologies History | | | Freight Technologies Valuation | Previous | Next |
Freight Technologies Trading Date Momentum on November 21, 2023
| On November 22 2023 Freight Technologies was traded for 84.25 at the closing time. The top price for the day was 84.25 and the lowest listed price was 78.25 . The trading volume for the day was 418. The trading history from November 22, 2023 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 5.31% . The overall trading delta against the current closing price is 10.00% . |
Freight Technologies Fundamentals Correlations and Trends
By evaluating Freight Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Freight Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Freight financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Freight Technologies Stock history
Freight Technologies 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 Freight is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Freight Technologies 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 Freight Technologies stock prices may prove useful in developing a viable investing in Freight Technologies
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 47.9 K | 45.5 K | |
| Net Loss | -7.4 M | -7.7 M |
Freight Technologies Stock Technical Analysis
Freight Technologies 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
Freight Technologies Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Freight Technologies cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Freight Technologies November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Freight Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Freight Technologies shares will generate the highest return on investment. By undertsting and applying Freight Technologies stock market strength indicators, traders can identify Freight Technologies entry and exit signals to maximize returns
Freight Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Freight Technologies' price direction in advance. Along with the technical and fundamental analysis of Freight Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Freight 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 | (0.16) | |||
| Jensen Alpha | (1.98) | |||
| Total Risk Alpha | (2.76) | |||
| Treynor Ratio | (0.57) |
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Additional Tools for Freight Stock Analysis
When running Freight Technologies' price analysis, check to measure Freight Technologies' 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 Freight Technologies is operating at the current time. Most of Freight Technologies' value examination focuses on studying past and present price action to predict the probability of Freight Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freight Technologies' price. Additionally, you may evaluate how the addition of Freight Technologies to your portfolios can decrease your overall portfolio volatility.