Hyrecar Stock Price on May 16, 2023
If you're considering investing in HyreCar Pink Sheet, it is important to understand the factors that can impact its price. HyreCar holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of risk over the last 3 months. HyreCar exposes zero different technical indicators, which can help you to evaluate volatility embedded in its price movement.
HyreCar Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
HyreCar |
Sharpe Ratio = -0.126
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| Negative Returns | HYREQ |
Estimated Market Risk
| 12.6 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.59 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average HyreCar 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 HyreCar by adding HyreCar to a well-diversified portfolio.
HyreCar Valuation on May 16, 2023
It is possible to determine the worth of HyreCar on a given historical date. On May 16, 2023 HyreCar was worth 0.0179 at the beginning of the trading date compared to the closed value of 0.0179. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HyreCar pink sheet. Still, in general, we apply an absolute valuation method to find HyreCar'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 HyreCar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HyreCar's related companies.
| Open | High | Low | Close | Volume | |
| 0.02 | 0.02 | 0.02 | 0.02 | 83,482 | |
05/16/2023 | 0.02 | 0.02 | 0.02 | 0.02 | 273,469 |
| 0.02 | 0.02 | 0.02 | 0.02 | 354,063 |
| Backtest HyreCar | | | HyreCar History | Previous | Next |
HyreCar Trading Date Momentum on May 16, 2023
| On May 17 2023 HyreCar was traded for 0.02 at the closing time. The highest daily price throughout the period was 0.02 and the lowest price was 0.02 . The daily volume was 354.1 K. The net trading volume on 05/17/2023 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Price Boundaries
HyreCar Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
HyreCar 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.
HyreCar December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how HyreCar 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 HyreCar shares will generate the highest return on investment. By undertsting and applying HyreCar pink sheet market strength indicators, traders can identify HyreCar entry and exit signals to maximize returns
Additional Tools for HyreCar Pink Sheet Analysis
When running HyreCar's price analysis, check to measure HyreCar'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 HyreCar is operating at the current time. Most of HyreCar's value examination focuses on studying past and present price action to predict the probability of HyreCar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HyreCar's price. Additionally, you may evaluate how the addition of HyreCar to your portfolios can decrease your overall portfolio volatility.