Pontem Corp Price on February 9, 2023
PNTMDelisted Stock | USD 10.37 0.00 0.00% |
If you're considering investing in Pontem Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pontem Corp stands at 10.37, as last reported on the 14th of December 2024, with the highest price reaching 10.37 and the lowest price hitting 10.37 during the day. We have found twenty-four technical indicators for Pontem Corp, which you can use to evaluate the volatility of the company. Please check Pontem Corp's Risk Adjusted Performance of 0.0323, coefficient of variation of 1262.71, and Semi Deviation of 0.1541 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
Pontem 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 Pontem Corp 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 Pontem Corp by adding Pontem Corp to a well-diversified portfolio.
Pontem Corp Valuation on February 9, 2023
It is possible to determine the worth of Pontem Corp on a given historical date. On February 9, 2023 Pontem was worth 10.22 at the beginning of the trading date compared to the closed value of 10.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pontem Corp stock. Still, in general, we apply an absolute valuation method to find Pontem Corp'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 Pontem Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pontem Corp's related companies.
Open | High | Low | Close | Volume | |
10.21 | 10.21 | 10.21 | 10.21 | 100.00 | |
02/09/2023 | 10.22 | 10.23 | 10.22 | 10.23 | 373.00 |
10.25 | 10.25 | 10.23 | 10.23 | 1,987 |
Backtest Pontem Corp | | | Pontem Corp History | | | Pontem Corp Valuation | Previous | Next |
Pontem Corp Trading Date Momentum on February 9, 2023
On February 10 2023 Pontem Corp was traded for 10.23 at the closing time. The top price for the day was 10.25 and the lowest listed price was 10.23 . The trading volume for the day was 2 K. The trading history from February 10, 2023 did not cause price change. The trading delta at closing time against the current closing price is 0.39% . |
Pontem Corp Fundamentals Correlations and Trends
By evaluating Pontem Corp'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 Pontem Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pontem financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pontem Corp Stock history
Pontem Corp 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 Pontem is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pontem Corp 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 Pontem Corp stock prices may prove useful in developing a viable investing in Pontem Corp
The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Pontem Corporation was incorporated in 2020 and is based in New York, New York. Pontem Corp operates under Shell Companies classification in the United States and is traded on New York Stock Exchange.
Pontem Corp Stock Technical Analysis
Pontem Corp 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
Pontem Corp Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Pontem Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Pontem Corp December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Pontem Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pontem Corp shares will generate the highest return on investment. By undertsting and applying Pontem Corp stock market strength indicators, traders can identify Pontem Corp entry and exit signals to maximize returns
Pontem Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pontem Corp's price direction in advance. Along with the technical and fundamental analysis of Pontem Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pontem 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 | 0.0323 | |||
Jensen Alpha | 0.0042 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.25) | |||
Treynor Ratio | 0.2676 |
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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 estimate. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Other Consideration for investing in Pontem Stock
If you are still planning to invest in Pontem Corp 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 Pontem Corp's history and understand the potential risks before investing.
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