Piedmont Lithium Ltd Stock Price on November 5, 2024
| PLL Stock | USD 13.19 0.09 0.68% |
Below is the normalized historical share price chart for Piedmont Lithium Ltd extending back to November 07, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Piedmont Lithium stands at 13.19, as last reported on the 26th of November, with the highest price reaching 13.80 and the lowest price hitting 12.90 during the day.
If you're considering investing in Piedmont Stock, it is important to understand the factors that can impact its price. Piedmont Lithium is not too volatile given 3 months investment horizon. Piedmont Lithium maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.1% are justified by taking the suggested risk. Use Piedmont Lithium Coefficient Of Variation of 938.59, semi deviation of 5.62, and Risk Adjusted Performance of 0.0907 to evaluate company specific risk that cannot be diversified away.
At this time, Piedmont Lithium's Issuance Of Capital Stock is quite stable compared to the past year. . At this time, Piedmont Lithium's Price To Sales Ratio is quite stable compared to the past year. Price Earnings To Growth Ratio is expected to rise to 1.12 this year, although Price Book Value Ratio will most likely fall to 2.44. Piedmont Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of November 2017 | 200 Day MA 11.6058 | 50 Day MA 11.4215 | Beta 0.313 |
Piedmont |
Sharpe Ratio = 0.1382
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Estimated Market Risk
| 7.94 actual daily | 70 70% of assets are less volatile |
Expected Return
| 1.1 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Piedmont Lithium is performing at about 10% 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 Piedmont Lithium by adding it to a well-diversified portfolio.
Price Book 0.9019 | Enterprise Value Ebitda (9.53) | Price Sales 5.4944 | Shares Float 17.5 M | Wall Street Target Price 27.5714 |
Related Headline
Sigma Lithium Headline on 5th of November 2024
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Piedmont Lithium Valuation on November 5, 2024
It is possible to determine the worth of Piedmont Lithium on a given historical date. On November 5, 2024 Piedmont was worth 13.42 at the beginning of the trading date compared to the closed value of 13.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Piedmont Lithium stock. Still, in general, we apply an absolute valuation method to find Piedmont 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 Piedmont Lithium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Piedmont Lithium's related companies.
| Open | High | Low | Close | Volume | |
| 13.60 | 13.97 | 12.82 | 13.35 | 617,744 | |
11/05/2024 | 13.42 | 13.96 | 13.08 | 13.49 | 627,581 |
| 13.00 | 13.34 | 12.14 | 12.37 | 938,790 |
| Backtest Piedmont Lithium | | | Piedmont Lithium History | | | Piedmont Lithium Valuation | Previous | Next |
Piedmont Lithium Trading Date Momentum on November 5, 2024
| On November 06 2024 Piedmont Lithium Ltd was traded for 12.37 at the closing time. Highest Piedmont Lithium's price during the trading hours was 13.34 and the lowest price during the day was 12.14 . The net volume was 938.8 K. The overall trading history on the 6th of November contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 8.30% . The trading delta at closing time to current price is 10.90% . |
Piedmont Lithium Fundamentals Correlations and Trends
By evaluating Piedmont 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 Piedmont Lithium's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Piedmont financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Piedmont Lithium Stock history
Piedmont 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 Piedmont is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Piedmont 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 Piedmont Lithium stock prices may prove useful in developing a viable investing in Piedmont Lithium
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 19.3 M | 20.2 M |
Piedmont Lithium Quarterly Net Working Capital |
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Piedmont Lithium Stock Technical Analysis
Piedmont 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
Piedmont Lithium Period Price Range
Low | November 26, 2024
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0.00 | 0.00 |
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Piedmont Lithium November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Piedmont 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 Piedmont Lithium shares will generate the highest return on investment. By undertsting and applying Piedmont Lithium stock market strength indicators, traders can identify Piedmont Lithium Ltd entry and exit signals to maximize returns
Piedmont Lithium Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Piedmont Lithium's price direction in advance. Along with the technical and fundamental analysis of Piedmont Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Piedmont 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 | 0.0907 | |||
| Jensen Alpha | 1.05 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | 0.1139 | |||
| Treynor Ratio | (0.45) |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Piedmont Lithium Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Piedmont Lithium. If investors know Piedmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Piedmont Lithium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.293 | Earnings Share (4.10) | Revenue Per Share 0.024 | Quarterly Revenue Growth (0.41) | Return On Assets (0.09) |
The market value of Piedmont Lithium is measured differently than its book value, which is the value of Piedmont that is recorded on the company's balance sheet. Investors also form their own opinion of Piedmont Lithium's value that differs from its market value or its book value, called intrinsic value, which is Piedmont Lithium's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Piedmont Lithium's market value can be influenced by many factors that don't directly affect Piedmont Lithium's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Piedmont Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Piedmont Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Piedmont Lithium's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.