Portman Ridge Finance Stock Price on October 31, 2024
| PTMN Stock | USD 16.89 0.01 0.06% |
Below is the normalized historical share price chart for Portman Ridge Finance extending back to December 12, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Portman Ridge stands at 16.89, as last reported on the 25th of November, with the highest price reaching 16.99 and the lowest price hitting 16.68 during the day.
If you're considering investing in Portman Stock, it is important to understand the factors that can impact its price. Portman Ridge Finance maintains Sharpe Ratio (i.e., Efficiency) of -0.0996, which implies the firm had a -0.0996% return per unit of risk over the last 3 months. Portman Ridge Finance exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Portman Ridge's Variance of 0.6744, coefficient of variation of (882.92), and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
At this time, Portman Ridge's Common Stock Shares Outstanding is very stable compared to the past year. As of the 25th of November 2024, Stock Based Compensation is likely to grow to about 244.7 B, while Total Stockholder Equity is likely to drop about 173.6 M. . At this time, Portman Ridge's Price Fair Value is very stable compared to the past year. Portman Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of December 2006 | 200 Day MA 18.9262 | 50 Day MA 18.202 | Beta 0.975 |
Portman |
Sharpe Ratio = -0.0996
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| Negative Returns | PTMN |
Estimated Market Risk
| 0.83 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Portman Ridge 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 Portman Ridge by adding Portman Ridge to a well-diversified portfolio.
Price Book 0.8283 | Price Sales 2.3652 | Dividend Share 2.76 | Wall Street Target Price 18.3333 | Earnings Share 0.37 |
Related Headline
CBH Headline on 30th of August 2024
Filed transaction by CBH Executive. Grant, award or other acquisition pursuant to Rule 16b-3(d)
Portman Ridge Valuation on October 31, 2024
It is possible to determine the worth of Portman Ridge on a given historical date. On October 31, 2024 Portman was worth 17.61 at the beginning of the trading date compared to the closed value of 17.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Portman Ridge stock. Still, in general, we apply an absolute valuation method to find Portman Ridge'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 Portman Ridge where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Portman Ridge's related companies.
| Open | High | Low | Close | Volume | |
| 17.78 | 17.84 | 17.65 | 17.70 | 39,500 | |
10/31/2024 | 17.61 | 18.02 | 17.61 | 17.98 | 43,800 |
| 18.01 | 18.08 | 17.70 | 17.81 | 45,900 |
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Portman Ridge Trading Date Momentum on October 31, 2024
| On November 01 2024 Portman Ridge Finance was traded for 17.81 at the closing time. The top price for the day was 18.08 and the lowest listed price was 17.70 . The trading volume for the day was 45.9 K. The trading history from November 1, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.95% . The trading delta at closing time against the current closing price is 4.00% . |
Portman Ridge Finance Fundamentals Correlations and Trends
By evaluating Portman Ridge'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 Portman Ridge's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Portman financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Portman Ridge Stock history
Portman Ridge 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 Portman is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Portman Ridge Finance 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 Portman Ridge stock prices may prove useful in developing a viable investing in Portman Ridge
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 9.5 M | 10 M | |
| Net Loss | -24.1 M | -22.9 M |
Portman Ridge Stock Technical Analysis
Portman Ridge 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
Portman Ridge Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Portman Ridge Finance 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.
Portman Ridge November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Portman Ridge stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Portman Ridge shares will generate the highest return on investment. By undertsting and applying Portman Ridge stock market strength indicators, traders can identify Portman Ridge Finance entry and exit signals to maximize returns
Portman Ridge Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Portman Ridge's price direction in advance. Along with the technical and fundamental analysis of Portman Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Portman 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 | (0.09) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (5.69) |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Portman Ridge Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Capital Markets space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Portman Ridge. If investors know Portman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Portman Ridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 82.399 | Dividend Share 2.76 | Earnings Share 0.37 | Revenue Per Share 7.055 | Quarterly Revenue Growth (0.18) |
The market value of Portman Ridge Finance is measured differently than its book value, which is the value of Portman that is recorded on the company's balance sheet. Investors also form their own opinion of Portman Ridge's value that differs from its market value or its book value, called intrinsic value, which is Portman Ridge's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Portman Ridge's market value can be influenced by many factors that don't directly affect Portman Ridge's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Portman Ridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Portman Ridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Portman Ridge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.