Patriot Battery Metals Stock Price on April 4, 2024
PMETF Stock | USD 1.90 0.15 8.57% |
If you're considering investing in Patriot OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Patriot Battery stands at 1.90, as last reported on the 24th of November, with the highest price reaching 1.90 and the lowest price hitting 1.70 during the day. Patriot Battery Metals 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. Patriot Battery Metals exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Patriot Battery's Variance of 26.91, coefficient of variation of (675.40), and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide.
Patriot OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Patriot |
Sharpe Ratio = -0.1434
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Estimated Market Risk
5.38 actual daily | 47 53% of assets are more volatile |
Expected Return
-0.77 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Patriot Battery is not performing at its full potential. However, 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 Battery by adding Patriot Battery to a well-diversified portfolio.
Patriot Battery Valuation on April 4, 2024
It is possible to determine the worth of Patriot Battery on a given historical date. On April 4, 2024 Patriot was worth 6.32 at the beginning of the trading date compared to the closed value of 5.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Patriot Battery otc stock. Still, in general, we apply an absolute valuation method to find Patriot Battery'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 Battery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Patriot Battery's related companies.
Open | High | Low | Close | Volume | |
6.06 | 6.07 | 5.80 | 6.07 | 16,719 | |
04/04/2024 | 6.32 | 6.32 | 5.93 | 5.93 | 12,127 |
5.92 | 5.92 | 5.79 | 5.82 | 65,149 |
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Patriot Battery Trading Date Momentum on April 4, 2024
On April 05 2024 Patriot Battery Metals was traded for 5.82 at the closing time. The highest daily price throughout the period was 5.92 and the lowest price was 5.79 . The daily volume was 65.1 K. The net trading volume on 04/05/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.85% . The trading delta at closing time to current closing price is 10.62% . |
Patriot Battery Metals Fundamentals Correlations and Trends
By evaluating Patriot Battery'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 Battery'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 Battery OTC Stock history
Patriot Battery 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 Battery Metals 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 Battery stock prices may prove useful in developing a viable investing in Patriot Battery
Patriot Battery Metals Inc. engages in the identification, evaluation, acquisition, and exploration of mineral properties. Patriot Battery Metals Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada. Patriot Battery operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Patriot Battery OTC Stock Technical Analysis
Patriot Battery 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
Patriot Battery Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Patriot Battery Metals 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.
Patriot Battery November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Patriot Battery 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 Patriot Battery shares will generate the highest return on investment. By undertsting and applying Patriot Battery otc stock market strength indicators, traders can identify Patriot Battery Metals entry and exit signals to maximize returns
Patriot Battery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Patriot Battery's price direction in advance. Along with the technical and fundamental analysis of Patriot OTC 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 | (0.11) | |||
Jensen Alpha | (0.69) | |||
Total Risk Alpha | (1.60) | |||
Treynor Ratio | 1.05 |
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Complementary Tools for Patriot OTC Stock analysis
When running Patriot Battery's price analysis, check to measure Patriot Battery'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 Battery is operating at the current time. Most of Patriot Battery's value examination focuses on studying past and present price action to predict the probability of Patriot Battery'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 Battery's price. Additionally, you may evaluate how the addition of Patriot Battery to your portfolios can decrease your overall portfolio volatility.
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