Parrot Stock Price on April 3, 2024
| PAOTF Stock | USD 2.38 0.38 19.00% |
If you're considering investing in Parrot Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Parrot stands at 2.38, as last reported on the 25th of November, with the highest price reaching 2.38 and the lowest price hitting 2.38 during the day. At this point, Parrot is relatively risky. Parrot maintains Sharpe Ratio (i.e., Efficiency) of 0.0458, which implies the firm had a 0.0458% return per unit of risk over the last 3 months. We have found nineteen technical indicators for Parrot, which you can use to evaluate the volatility of the company. Please check Parrot's Variance of 8.64, coefficient of variation of 970.75, and Risk Adjusted Performance of 0.0864 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
Parrot Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Parrot |
Sharpe Ratio = 0.0458
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| Cash | Small Risk | PAOTF | High Risk | Huge Risk |
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Estimated Market Risk
| 2.55 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Parrot is performing at about 3% 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 Parrot by adding it to a well-diversified portfolio.
Parrot Valuation on April 3, 2024
It is possible to determine the worth of Parrot on a given historical date. On April 3, 2024 Parrot was worth 2.75 at the beginning of the trading date compared to the closed value of 2.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Parrot pink sheet. Still, in general, we apply an absolute valuation method to find Parrot'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 Parrot where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Parrot's related companies.
| Open | High | Low | Close | Volume | |
| 2.75 | 2.75 | 2.75 | 2.75 | 1.00 | |
04/03/2024 | 2.75 | 2.75 | 2.75 | 2.75 | 1.00 |
| 2.50 | 2.50 | 2.50 | 2.50 | 400.00 |
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Parrot Trading Date Momentum on April 3, 2024
| On April 04 2024 Parrot was traded for 2.50 at the closing time. The highest daily price throughout the period was 2.50 and the lowest price was 2.50 . The daily volume was 400. The net trading volume on 04/04/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 9.09% . The trading delta at closing time to current closing price is 10.91% . |
Parrot Fundamentals Correlations and Trends
By evaluating Parrot'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 Parrot's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Parrot financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Parrot Pink Sheet history
Parrot 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 Parrot is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Parrot 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 Parrot stock prices may prove useful in developing a viable investing in Parrot
Parrot S.A. provides commercial drones, covering equipment, and software and services in France and internationally. The company was founded in 1994 and is headquartered in Paris, France. Parrot SA is traded on OTC Exchange in the United States.
Parrot Pink Sheet Technical Analysis
Parrot technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Parrot Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Parrot 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.
Parrot November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Parrot 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 Parrot shares will generate the highest return on investment. By undertsting and applying Parrot pink sheet market strength indicators, traders can identify Parrot entry and exit signals to maximize returns
Parrot Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Parrot's price direction in advance. Along with the technical and fundamental analysis of Parrot Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Parrot 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 | 0.0864 | |||
| Jensen Alpha | 0.2367 | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 0.6306 |
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| Volume Indicators |
Complementary Tools for Parrot Pink Sheet analysis
When running Parrot's price analysis, check to measure Parrot'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 Parrot is operating at the current time. Most of Parrot's value examination focuses on studying past and present price action to predict the probability of Parrot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parrot's price. Additionally, you may evaluate how the addition of Parrot to your portfolios can decrease your overall portfolio volatility.
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