Performance Shipping Stock Price on May 12, 2023
| PSHG Stock | USD 1.64 0.02 1.20% |
If you're considering investing in Performance Stock, it is important to understand the factors that can impact its price. As of today, the current price of Performance Shipping stands at 1.64, as last reported on the 26th of February, with the highest price reaching 1.67 and the lowest price hitting 1.63 during the day. Performance Shipping maintains Sharpe Ratio (i.e., Efficiency) of -0.0278, which implies the firm had a -0.0278 % return per unit of risk over the last 3 months. Performance Shipping exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Performance Shipping's Risk Adjusted Performance of (0.01), variance of 10.17, and Coefficient Of Variation of (3,595) to confirm the risk estimate we provide.
Performance Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Performance |
Sharpe Ratio = -0.0278
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| Negative Returns | PSHG |
Estimated Market Risk
| 3.19 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Performance Shipping 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 Performance Shipping by adding Performance Shipping to a well-diversified portfolio.
Performance Shipping Valuation on May 12, 2023
It is possible to determine the worth of Performance Shipping on a given historical date. On May 12, 2023 Performance was worth 0.79 at the beginning of the trading date compared to the closed value of 0.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Performance Shipping stock. Still, in general, we apply an absolute valuation method to find Performance Shipping'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 Performance Shipping where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Performance Shipping's related companies.
| Open | High | Low | Close | Volume | |
| 0.74 | 0.83 | 0.71 | 0.75 | 167,700 | |
05/12/2023 | 0.79 | 0.81 | 0.76 | 0.78 | 87,600 |
| 0.76 | 0.78 | 0.76 | 0.77 | 76,200 |
| Backtest Performance Shipping | | | Performance Shipping History | | | Performance Shipping Valuation | Previous | Next |
Performance Shipping Trading Date Momentum on May 12, 2023
| On May 15 2023 Performance Shipping was traded for 0.77 at the closing time. The top price for the day was 0.78 and the lowest listed price was 0.76 . The trading volume for the day was 76.2 K. The trading history from May 15, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.28% . The trading delta at closing time against the current closing price is 1.28% . |
Performance Shipping Fundamentals Correlations and Trends
By evaluating Performance Shipping'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 Performance Shipping's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Performance financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Performance Shipping Stock history
Performance Shipping 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 Performance is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Performance Shipping 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 Performance Shipping stock prices may prove useful in developing a viable investing in Performance Shipping
Performance Shipping Inc., through its subsidiaries, provides shipping transportation services through its ownership of tanker vessels worldwide. The company was incorporated in 2010 and is based in Athens, Greece. Performance Shipping operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange. It employs 152 people.
Performance Shipping Stock Technical Analysis
Performance Shipping 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
Performance Shipping Period Price Range
Low | February 26, 2025
| High |
0.00 | 0.00 |
Performance Shipping 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.
Performance Shipping February 26, 2025 Market Strength
Market strength indicators help investors to evaluate how Performance Shipping stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Performance Shipping shares will generate the highest return on investment. By undertsting and applying Performance Shipping stock market strength indicators, traders can identify Performance Shipping entry and exit signals to maximize returns
Performance Shipping Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Performance Shipping's price direction in advance. Along with the technical and fundamental analysis of Performance Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Performance 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 | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.0875 |
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| Volume Indicators |
Complementary Tools for Performance Stock analysis
When running Performance Shipping's price analysis, check to measure Performance Shipping'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 Performance Shipping is operating at the current time. Most of Performance Shipping's value examination focuses on studying past and present price action to predict the probability of Performance Shipping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Performance Shipping's price. Additionally, you may evaluate how the addition of Performance Shipping to your portfolios can decrease your overall portfolio volatility.
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