PetIQ Inc Price on May 1, 2024
| PETQDelisted Stock | USD 30.98 0.00 0.00% |
If you're considering investing in PetIQ Stock, it is important to understand the factors that can impact its price. As of today, the current price of PetIQ stands at 30.98, as last reported on the 30th of November, with the highest price reaching 31.00 and the lowest price hitting 30.98 during the day. Currently, PetIQ Inc is very steady. PetIQ Inc maintains Sharpe Ratio (i.e., Efficiency) of 0.37, which implies the firm had a 0.37% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for PetIQ Inc, which you can use to evaluate the volatility of the company. Please check PetIQ's Standard Deviation of 5.93, downside deviation of 0.7063, and Risk Adjusted Performance of 0.0991 to confirm if the risk estimate we provide is consistent with the expected return of 0.0376%.
PetIQ Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PetIQ |
Sharpe Ratio = 0.3726
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Based on monthly moving average PetIQ is performing at about 29% 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 PetIQ by adding it to a well-diversified portfolio.
PetIQ Valuation on May 1, 2024
It is possible to determine the worth of PetIQ on a given historical date. On May 1, 2024 PetIQ was worth 16.26 at the beginning of the trading date compared to the closed value of 16.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PetIQ stock. Still, in general, we apply an absolute valuation method to find PetIQ'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 PetIQ where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PetIQ's related companies.
| Open | High | Low | Close | Volume | |
| 16.36 | 16.46 | 16.18 | 16.32 | 188,317 | |
05/01/2024 | 16.26 | 17.10 | 16.26 | 16.87 | 210,219 |
| 16.93 | 16.97 | 16.59 | 16.84 | 228,385 |
| Backtest PetIQ | | | PetIQ History | | | PetIQ Valuation | Previous | Next |
PetIQ Trading Date Momentum on May 1, 2024
| On May 02 2024 PetIQ Inc was traded for 16.84 at the closing time. The top price for the day was 16.97 and the lowest listed price was 16.59 . The trading volume for the day was 228.4 K. The trading history from May 2, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.18% . The trading delta at closing time against the current closing price is 10.37% . |
PetIQ Inc Fundamentals Correlations and Trends
By evaluating PetIQ'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 PetIQ's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PetIQ financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PetIQ Stock history
PetIQ 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 PetIQ is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PetIQ Inc 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 PetIQ stock prices may prove useful in developing a viable investing in PetIQ
PetIQ, Inc. operates as a pet medication and wellness company in the United States and internationally. The company was founded in 2010 and is headquartered in Eagle, Idaho. Petiq Inc operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on NASDAQ Exchange. It employs 849 people.
PetIQ Stock Technical Analysis
PetIQ 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
PetIQ Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
PetIQ Inc cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
PetIQ November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how PetIQ stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PetIQ shares will generate the highest return on investment. By undertsting and applying PetIQ stock market strength indicators, traders can identify PetIQ Inc entry and exit signals to maximize returns
PetIQ Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PetIQ's price direction in advance. Along with the technical and fundamental analysis of PetIQ Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PetIQ 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 | 0.0991 | |||
| Jensen Alpha | 0.6072 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.7971 | |||
| Treynor Ratio | 1.06 |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Other Consideration for investing in PetIQ Stock
If you are still planning to invest in PetIQ Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the PetIQ's history and understand the potential risks before investing.
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