PNM Old Price on August 19, 2024
PNMDelisted Stock | USD 43.25 0.21 0.48% |
If you're considering investing in PNM Stock, it is important to understand the factors that can impact its price. As of today, the current price of PNM Old stands at 43.25, as last reported on the 10th of January, with the highest price reaching 43.63 and the lowest price hitting 43.08 during the day. We have found thirty technical indicators for PNM Old, which you can use to evaluate the volatility of the company. Please check PNM Old's risk adjusted performance of 0.2306, and Semi Deviation of 0.6636 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
PNM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average PNM Old 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 PNM Old by adding PNM Old to a well-diversified portfolio.
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PNM Old Valuation on August 19, 2024
It is possible to determine the worth of PNM Old on a given historical date. On August 19, 2024 PNM was worth 40.6 at the beginning of the trading date compared to the closed value of 40.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PNM Old stock. Still, in general, we apply an absolute valuation method to find PNM Old'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 PNM Old where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PNM Old's related companies.
Open | High | Low | Close | Volume | |
40.85 | 41.01 | 40.48 | 40.69 | 677,729 | |
08/19/2024 | 40.60 | 40.96 | 40.32 | 40.57 | 585,051 |
40.51 | 40.81 | 40.24 | 40.64 | 658,398 |
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PNM Old Trading Date Momentum on August 19, 2024
On August 20 2024 PNM Old was traded for 40.64 at the closing time. Highest PNM Old's price during the trading hours was 40.81 and the lowest price during the day was 40.24 . The net volume was 658.4 K. The overall trading history on the 20th of August contributed to the next trading period price boost. The trading delta at closing time to the next next day price was 0.17% . The trading delta at closing time to current price is 1.60% . |
PNM Old Fundamentals Correlations and Trends
By evaluating PNM Old'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 PNM Old's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PNM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PNM Old Stock history
PNM Old 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 PNM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PNM Old 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 PNM Old stock prices may prove useful in developing a viable investing in PNM Old
PNM Resources, Inc., through its subsidiaries, provides electricity and electric services in the United States. PNM Resources, Inc. was incorporated in 1882 and is headquartered in Albuquerque, New Mexico. PNM Resources operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 1646 people.
PNM Old Stock Technical Analysis
PNM Old 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
PNM Old Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
PNM Old 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.
PNM Old January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how PNM Old stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PNM Old shares will generate the highest return on investment. By undertsting and applying PNM Old stock market strength indicators, traders can identify PNM Old entry and exit signals to maximize returns
PNM Old Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PNM Old's price direction in advance. Along with the technical and fundamental analysis of PNM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PNM 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 | 0.2306 | |||
Jensen Alpha | 0.2982 | |||
Total Risk Alpha | 0.2657 | |||
Sortino Ratio | 0.2777 | |||
Treynor Ratio | (0.52) |
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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 board of governors. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Other Consideration for investing in PNM Stock
If you are still planning to invest in PNM Old 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 PNM Old's history and understand the potential risks before investing.
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