Power Nickel Stock Price on December 4, 2024
| PNPN Stock | 0.89 0.09 11.25% |
If you're considering investing in Power Stock, it is important to understand the factors that can impact its price. As of today, the current price of Power Nickel stands at 0.89, as last reported on the 11th of December 2024, with the highest price reaching 0.93 and the lowest price hitting 0.78 during the day. Power Nickel appears to be abnormally volatile, given 3 months investment horizon. Power Nickel maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12% return per unit of risk over the last 3 months. By analyzing Power Nickel's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please evaluate Power Nickel's Semi Deviation of 3.4, coefficient of variation of 547.1, and Risk Adjusted Performance of 0.1404 to confirm if our risk estimates are consistent with your expectations.
At this time, Power Nickel's Common Stock Shares Outstanding is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 13.5 M in 2024, despite the fact that Total Stockholder Equity is likely to grow to (2.4 M). . Price Earnings Ratio is likely to drop to -2.91 in 2024. Price Book Value Ratio is likely to climb to -11.2 in 2024. Power Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Power |
Sharpe Ratio = 0.1214
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Estimated Market Risk
| 4.25 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Power Nickel is performing at about 9% 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 Power Nickel by adding it to a well-diversified portfolio.
Price Book 14.4946 | Book Value (0.02) | Enterprise Value 129.8 M | Enterprise Value Ebitda (9.03) | Shares Float 162.8 M |
Power Nickel Valuation on December 4, 2024
It is possible to determine the worth of Power Nickel on a given historical date. On December 4, 2024 Power was worth 0.76 at the beginning of the trading date compared to the closed value of 0.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Power Nickel stock. Still, in general, we apply an absolute valuation method to find Power Nickel'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 Power Nickel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Power Nickel's related companies.
| Open | High | Low | Close | Volume | |
| 0.80 | 0.82 | 0.76 | 0.76 | 300,541 | |
12/04/2024 | 0.76 | 0.76 | 0.74 | 0.76 | 381,200 |
| 0.76 | 0.77 | 0.73 | 0.74 | 153,912 |
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Power Nickel Trading Date Momentum on December 4, 2024
| On December 05 2024 Power Nickel was traded for 0.74 at the closing time. The maximum traded price for the trading interval was 0.77 and the lowest daily price was 0.73 . The daily volume was recorded at 153.9 K. The volume of trading on 5th of December 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 2.63% . The trading delta at closing time to the closing price today is 6.58% . |
Power Nickel Fundamentals Correlations and Trends
By evaluating Power Nickel'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 Power Nickel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Power financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Power Nickel Stock history
Power Nickel 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 Power is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Power Nickel 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 Power Nickel stock prices may prove useful in developing a viable investing in Power Nickel
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 149.9 M | 157.4 M | |
| Net Loss | -2.3 M | -2.5 M |
Power Nickel Stock Technical Analysis
Power Nickel 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
Power Nickel Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Power Nickel cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Power Nickel December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Power Nickel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Power Nickel shares will generate the highest return on investment. By undertsting and applying Power Nickel stock market strength indicators, traders can identify Power Nickel entry and exit signals to maximize returns
Power Nickel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Power Nickel's price direction in advance. Along with the technical and fundamental analysis of Power Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Power 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 | 0.1404 | |||
| Jensen Alpha | 0.8156 | |||
| Total Risk Alpha | 0.0962 | |||
| Sortino Ratio | 0.1597 | |||
| Treynor Ratio | (3.12) |
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Additional Tools for Power Stock Analysis
When running Power Nickel's price analysis, check to measure Power Nickel'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 Power Nickel is operating at the current time. Most of Power Nickel's value examination focuses on studying past and present price action to predict the probability of Power Nickel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Power Nickel's price. Additionally, you may evaluate how the addition of Power Nickel to your portfolios can decrease your overall portfolio volatility.