Posabit Systems Corp Stock Price on November 25, 2024

POSAF Stock  USD 0.07  0  4.00%   
If you're considering investing in POSaBIT OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of POSaBIT Systems stands at 0.07, as last reported on the 2nd of December, with the highest price reaching 0.08 and the lowest price hitting 0.07 during the day. POSaBIT Systems Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.0482, which implies the firm had a -0.0482% return per unit of standard deviation over the last 3 months. POSaBIT Systems Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check POSaBIT Systems' Market Risk Adjusted Performance of (0.08), risk adjusted performance of 0.0017, and Coefficient Of Variation of (10,310) to confirm the risk estimate we provide.
  
POSaBIT OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0482

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Estimated Market Risk

 7.65
  actual daily
68
68% of assets are less volatile

Expected Return

 -0.37
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average POSaBIT Systems 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 POSaBIT Systems by adding POSaBIT Systems to a well-diversified portfolio.

POSaBIT Systems Valuation on November 25, 2024

It is possible to determine the worth of POSaBIT Systems on a given historical date. On November 25, 2024 POSaBIT was worth 0.075 at the beginning of the trading date compared to the closed value of 0.078. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of POSaBIT Systems otc stock. Still, in general, we apply an absolute valuation method to find POSaBIT Systems' 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 POSaBIT Systems where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against POSaBIT Systems' related companies.
 Open High Low Close Volume
  0.08    0.08    0.07    0.07    9,600  
11/25/2024
  0.07    0.08    0.07    0.08    61,500  
  0.07    0.08    0.07    0.08    30,500  
Backtest POSaBIT Systems  |  POSaBIT Systems History  |  POSaBIT Systems Valuation   PreviousNext  
Open Value
0.075
0.0008
Downside
0.078
Closing Value
23.01
Upside

POSaBIT Systems Trading Date Momentum on November 25, 2024

On November 26 2024 POSaBIT Systems Corp was traded for  0.08  at the closing time. The highest daily price throughout the period was 0.08  and the lowest price was  0.07 . The daily volume was 30.5 K. The net trading volume on 11/26/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.28% . The trading delta at closing time to current closing price is 0.00% .

POSaBIT Systems Corp Fundamentals Correlations and Trends

By evaluating POSaBIT Systems' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among POSaBIT Systems' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. POSaBIT financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About POSaBIT Systems OTC Stock history

POSaBIT Systems 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 POSaBIT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in POSaBIT Systems 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 POSaBIT Systems stock prices may prove useful in developing a viable investing in POSaBIT Systems
POSaBIT Systems Corporation, a financial technology company, provides block chain-enabled payment processing and point-of-sale systems for cash-only businesses with a focus on the cannabis industry in the United States. Posabit Systems is traded on OTC Exchange in the United States.

POSaBIT Systems OTC Stock Technical Analysis

POSaBIT Systems 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.
A focus of POSaBIT Systems technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of POSaBIT Systems trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

POSaBIT Systems Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

POSaBIT Systems Corp 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.

POSaBIT Systems December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how POSaBIT Systems 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 POSaBIT Systems shares will generate the highest return on investment. By undertsting and applying POSaBIT Systems otc stock market strength indicators, traders can identify POSaBIT Systems Corp entry and exit signals to maximize returns

POSaBIT Systems Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for POSaBIT Systems' price direction in advance. Along with the technical and fundamental analysis of POSaBIT OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of POSaBIT 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.

Complementary Tools for POSaBIT OTC Stock analysis

When running POSaBIT Systems' price analysis, check to measure POSaBIT Systems' 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 POSaBIT Systems is operating at the current time. Most of POSaBIT Systems' value examination focuses on studying past and present price action to predict the probability of POSaBIT Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move POSaBIT Systems' price. Additionally, you may evaluate how the addition of POSaBIT Systems to your portfolios can decrease your overall portfolio volatility.
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