Paladin Energy Stock Price on September 3, 2024
PALAF Stock | USD 5.16 0.15 2.99% |
If you're considering investing in Paladin OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Paladin Energy stands at 5.16, as last reported on the 23rd of November, with the highest price reaching 5.16 and the lowest price hitting 4.96 during the day. Paladin Energy maintains Sharpe Ratio (i.e., Efficiency) of -0.0864, which implies the firm had a -0.0864% return per unit of risk over the last 3 months. Paladin Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Paladin Energy's Risk Adjusted Performance of (0.03), variance of 30.21, and Coefficient Of Variation of (2,085) to confirm the risk estimate we provide.
Paladin OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Paladin |
Sharpe Ratio = -0.0864
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Estimated Market Risk
5.46 actual daily | 48 52% of assets are more volatile |
Expected Return
-0.47 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Paladin Energy 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 Paladin Energy by adding Paladin Energy to a well-diversified portfolio.
Paladin Energy Valuation on September 3, 2024
It is possible to determine the worth of Paladin Energy on a given historical date. On September 3, 2024 Paladin was worth 6.4 at the beginning of the trading date compared to the closed value of 5.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Paladin Energy otc stock. Still, in general, we apply an absolute valuation method to find Paladin Energy'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 Paladin Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Paladin Energy's related companies.
Open | High | Low | Close | Volume | |
6.64 | 6.70 | 6.36 | 6.70 | 11,100 | |
09/03/2024 | 6.40 | 6.40 | 5.91 | 5.97 | 17,100 |
6.10 | 6.10 | 5.80 | 5.94 | 6,500 |
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Paladin Energy Trading Date Momentum on September 3, 2024
On September 04 2024 Paladin Energy was traded for 5.94 at the closing time. The highest daily price throughout the period was 6.10 and the lowest price was 5.80 . The daily volume was 6.5 K. The net trading volume on 09/04/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.50% . The trading delta at closing time to current closing price is 13.07% . |
Paladin Energy Fundamentals Correlations and Trends
By evaluating Paladin Energy'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 Paladin Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Paladin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Paladin Energy OTC Stock history
Paladin Energy 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 Paladin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Paladin 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 Paladin Energy stock prices may prove useful in developing a viable investing in Paladin Energy
Paladin Energy Limited develops, explores for, and operates uranium mines in Australia, Canada, and Africa. Paladin Energy Limited was incorporated in 1993 and is based in Perth, Australia. Paladin Energy operates under Uranium classification in the United States and is traded on OTC Exchange.
Paladin Energy OTC Stock Technical Analysis
Paladin Energy technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Paladin Energy Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Paladin Energy cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.
Paladin Energy November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Paladin Energy otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Paladin Energy shares will generate the highest return on investment. By undertsting and applying Paladin Energy otc stock market strength indicators, traders can identify Paladin Energy entry and exit signals to maximize returns
Paladin Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Paladin Energy's price direction in advance. Along with the technical and fundamental analysis of Paladin OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Paladin 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 | (0.03) | |||
Jensen Alpha | (0.30) | |||
Total Risk Alpha | (1.14) | |||
Treynor Ratio | (1.19) |
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Complementary Tools for Paladin OTC Stock analysis
When running Paladin Energy's price analysis, check to measure Paladin Energy'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 Paladin Energy is operating at the current time. Most of Paladin Energy's value examination focuses on studying past and present price action to predict the probability of Paladin Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paladin Energy's price. Additionally, you may evaluate how the addition of Paladin Energy to your portfolios can decrease your overall portfolio volatility.
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