Pointsbet Holdings Limited Stock Price on February 5, 2024
| PBTHF Stock | USD 0.61 0.04 7.02% |
If you're considering investing in PointsBet OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of PointsBet Holdings stands at 0.61, as last reported on the 11th of December 2024, with the highest price reaching 0.65 and the lowest price hitting 0.61 during the day. PointsBet Holdings is out of control given 3 months investment horizon. PointsBet Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. We have analyze and collected data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.0% are justified by taking the suggested risk. Use PointsBet Holdings Coefficient Of Variation of 693.69, risk adjusted performance of 0.1135, and Semi Deviation of 7.48 to evaluate company specific risk that cannot be diversified away.
PointsBet OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PointsBet |
Sharpe Ratio = 0.1631
| Best Portfolio | Best Equity | |||
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| Small Returns | PBTHF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.11 actual daily | 54 54% of assets are less volatile |
Expected Return
| 1.0 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average PointsBet Holdings is performing at about 12% 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 PointsBet Holdings by adding it to a well-diversified portfolio.
PointsBet Holdings Valuation on February 5, 2024
It is possible to determine the worth of PointsBet Holdings on a given historical date. On February 5, 2024 PointsBet was worth 0.49 at the beginning of the trading date compared to the closed value of 0.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PointsBet Holdings otc stock. Still, in general, we apply an absolute valuation method to find PointsBet Holdings' 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 PointsBet Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PointsBet Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 0.29 | 0.49 | 0.29 | 0.49 | 217.00 | |
02/05/2024 | 0.49 | 0.49 | 0.32 | 0.32 | 450.00 |
| 0.44 | 0.44 | 0.36 | 0.36 | 210.00 |
| Backtest PointsBet Holdings | | | PointsBet Holdings History | | | PointsBet Holdings Valuation | Previous | Next |
PointsBet Holdings Trading Date Momentum on February 5, 2024
| On February 08 2024 PointsBet Holdings Limited was traded for 0.36 at the closing time. The highest daily price throughout the period was 0.44 and the lowest price was 0.36 . The daily volume was 210. The net trading volume on 02/08/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 12.50% . The trading delta at closing time to current closing price is 56.25% . |
PointsBet Holdings Fundamentals Correlations and Trends
By evaluating PointsBet Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among PointsBet Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PointsBet financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PointsBet Holdings OTC Stock history
PointsBet Holdings 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 PointsBet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PointsBet Holdings 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 PointsBet Holdings stock prices may prove useful in developing a viable investing in PointsBet Holdings
PointsBet Holdings Limited provides sports, racing, and iGaming betting products and services through its cloud-based technology platform in Australia and New Jersey. The company was founded in 2015 and is headquartered in Cremorne, Australia. Pointsbet Holdings operates under Gambling classification in the United States and is traded on OTC Exchange. It employs 627 people.
PointsBet Holdings OTC Stock Technical Analysis
PointsBet Holdings 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
PointsBet Holdings Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
PointsBet Holdings Limited 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.
PointsBet Holdings December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how PointsBet Holdings 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 PointsBet Holdings shares will generate the highest return on investment. By undertsting and applying PointsBet Holdings otc stock market strength indicators, traders can identify PointsBet Holdings Limited entry and exit signals to maximize returns
PointsBet Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PointsBet Holdings' price direction in advance. Along with the technical and fundamental analysis of PointsBet OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PointsBet 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 | 0.1135 | |||
| Jensen Alpha | 1.38 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.1644 | |||
| Treynor Ratio | 0.9305 |
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Complementary Tools for PointsBet OTC Stock analysis
When running PointsBet Holdings' price analysis, check to measure PointsBet Holdings' 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 PointsBet Holdings is operating at the current time. Most of PointsBet Holdings' value examination focuses on studying past and present price action to predict the probability of PointsBet Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PointsBet Holdings' price. Additionally, you may evaluate how the addition of PointsBet Holdings to your portfolios can decrease your overall portfolio volatility.
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