Patriot Lithium (Australia) Price on October 11, 2024
| PAT Stock | 0.04 0.00 0.00% |
If you're considering investing in Patriot Stock, it is important to understand the factors that can impact its price. As of today, the current price of Patriot Lithium stands at 0.04, as last reported on the 11th of December 2024, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. Patriot Lithium appears to be out of control, given 3 months investment horizon. Patriot Lithium maintains Sharpe Ratio (i.e., Efficiency) of 0.0887, which implies the firm had a 0.0887% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Patriot Lithium, which you can use to evaluate the volatility of the company. Please evaluate Patriot Lithium's Semi Deviation of 3.34, coefficient of variation of 1155.81, and Risk Adjusted Performance of 0.071 to confirm if our risk estimates are consistent with your expectations.
At this time, Patriot Lithium's Common Stock Shares Outstanding is comparatively stable compared to the past year. Other Stockholder Equity is expected to grow at the current pace this year, whereas Total Stockholder Equity is likely to drop slightly above 3 M in 2024. . Patriot Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Patriot |
Sharpe Ratio = 0.0887
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.95 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Patriot Lithium is performing at about 6% 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 Patriot Lithium by adding it to a well-diversified portfolio.
Price Book 1.2553 | Book Value 0.034 | Enterprise Value 3.8 M | Enterprise Value Ebitda (0.98) | Shares Float 87.3 M |
Patriot Lithium Valuation on October 11, 2024
It is possible to determine the worth of Patriot Lithium on a given historical date. On October 11, 2024 Patriot was worth 0.043 at the beginning of the trading date compared to the closed value of 0.042. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Patriot Lithium stock. Still, in general, we apply an absolute valuation method to find Patriot Lithium'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 Patriot Lithium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Patriot Lithium's related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.04 | 0.04 | 0.04 | 498,832 | |
10/11/2024 | 0.04 | 0.04 | 0.04 | 0.04 | 1,216,675 |
| 0.04 | 0.06 | 0.04 | 0.05 | 1,887,863 |
| Backtest Patriot Lithium | | | Patriot Lithium History | | | Patriot Lithium Valuation | Previous | Next |
Patriot Lithium Trading Date Momentum on October 11, 2024
| On October 14 2024 Patriot Lithium was traded for 0.05 at the closing time. The maximum traded price for the trading interval was 0.06 and the lowest daily price was 0.04 . The daily volume was recorded at 1.9 M. The volume of trading on 14th of October 2024 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 19.05% . The trading delta at closing time to the closing price today is 19.05% . |
Patriot Lithium Fundamentals Correlations and Trends
By evaluating Patriot Lithium'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 Patriot Lithium's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Patriot financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Patriot Lithium Stock history
Patriot Lithium 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 Patriot is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Patriot Lithium 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 Patriot Lithium stock prices may prove useful in developing a viable investing in Patriot Lithium
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 91.6 M | 95.7 M |
Patriot Lithium Stock Technical Analysis
Patriot Lithium 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
Patriot Lithium Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Patriot Lithium cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Patriot Lithium December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Patriot Lithium stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Patriot Lithium shares will generate the highest return on investment. By undertsting and applying Patriot Lithium stock market strength indicators, traders can identify Patriot Lithium entry and exit signals to maximize returns
Patriot Lithium Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Patriot Lithium's price direction in advance. Along with the technical and fundamental analysis of Patriot Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Patriot 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 | 0.071 | |||
| Jensen Alpha | 0.392 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | 0.0486 | |||
| Treynor Ratio | 1.64 |
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Additional Tools for Patriot Stock Analysis
When running Patriot Lithium's price analysis, check to measure Patriot Lithium'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 Patriot Lithium is operating at the current time. Most of Patriot Lithium's value examination focuses on studying past and present price action to predict the probability of Patriot Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Patriot Lithium's price. Additionally, you may evaluate how the addition of Patriot Lithium to your portfolios can decrease your overall portfolio volatility.