Pieridae Energy Limited Stock Price on April 24, 2024
PTOAF Stock | USD 0.16 0.01 5.88% |
If you're considering investing in Pieridae Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Pieridae Energy stands at 0.16, as last reported on the 24th of November, with the highest price reaching 0.16 and the lowest price hitting 0.16 during the day. Pieridae Energy maintains Sharpe Ratio (i.e., Efficiency) of -0.0901, which implies the firm had a -0.0901% return per unit of risk over the last 3 months. Pieridae Energy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pieridae Energy's Variance of 23.61, risk adjusted performance of (0.06), and Coefficient Of Variation of (1,119) to confirm the risk estimate we provide.
Pieridae Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Pieridae |
Sharpe Ratio = -0.0901
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Estimated Market Risk
4.9 actual daily | 43 57% of assets are more volatile |
Expected Return
-0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pieridae Energy 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 Pieridae Energy by adding Pieridae Energy to a well-diversified portfolio.
Pieridae Energy Valuation on April 24, 2024
It is possible to determine the worth of Pieridae Energy on a given historical date. On April 24, 2024 Pieridae was worth 0.31 at the beginning of the trading date compared to the closed value of 0.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pieridae Energy pink sheet. Still, in general, we apply an absolute valuation method to find Pieridae Energy'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 Pieridae Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pieridae Energy's related companies.
Open | High | Low | Close | Volume | |
0.26 | 0.26 | 0.26 | 0.26 | 125,500 | |
04/24/2024 | 0.31 | 0.31 | 0.31 | 0.31 | 81,300 |
0.26 | 0.26 | 0.25 | 0.26 | 139,600 |
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Pieridae Energy Trading Date Momentum on April 24, 2024
On April 25 2024 Pieridae Energy Limited was traded for 0.26 at the closing time. The highest daily price throughout the period was 0.26 and the lowest price was 0.25 . The daily volume was 139.6 K. The net trading volume on 04/25/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 16.13% . The trading delta at closing time to current closing price is 0.00% . |
Pieridae Energy Fundamentals Correlations and Trends
By evaluating Pieridae Energy'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 Pieridae Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pieridae financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pieridae Energy Pink Sheet history
Pieridae Energy 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 Pieridae is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pieridae Energy 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 Pieridae Energy stock prices may prove useful in developing a viable investing in Pieridae Energy
Pieridae Energy Limited operates as an energy producing company in Canada. The company was founded in 2011 and is headquartered in Calgary, Canada. Pieridae Energy operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 270 people.
Pieridae Energy Pink Sheet Technical Analysis
Pieridae Energy technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Pieridae Energy Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Pieridae Energy Limited cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Pieridae Energy November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Pieridae Energy pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pieridae Energy shares will generate the highest return on investment. By undertsting and applying Pieridae Energy pink sheet market strength indicators, traders can identify Pieridae Energy Limited entry and exit signals to maximize returns
Pieridae Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pieridae Energy's price direction in advance. Along with the technical and fundamental analysis of Pieridae Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pieridae 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 | (0.06) | |||
Jensen Alpha | (0.41) | |||
Total Risk Alpha | (1.21) | |||
Treynor Ratio | 1.64 |
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Complementary Tools for Pieridae Pink Sheet analysis
When running Pieridae Energy's price analysis, check to measure Pieridae Energy'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 Pieridae Energy is operating at the current time. Most of Pieridae Energy's value examination focuses on studying past and present price action to predict the probability of Pieridae Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pieridae Energy's price. Additionally, you may evaluate how the addition of Pieridae Energy to your portfolios can decrease your overall portfolio volatility.
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