SinglePoint Price on August 15, 2024
SINGDelisted Stock | USD 0.04 0.01 38.46% |
If you're considering investing in SinglePoint Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of SinglePoint stands at 0.04, as last reported on the 2nd of December, with the highest price reaching 0.05 and the lowest price hitting 0.03 during the day. SinglePoint owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0581, which indicates the firm had a -0.0581% return per unit of risk over the last 3 months. SinglePoint exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SinglePoint's Risk Adjusted Performance of (0.06), variance of 585.51, and Coefficient Of Variation of (1,051) to confirm the risk estimate we provide.
SinglePoint Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
SinglePoint |
Sharpe Ratio = -0.0581
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Estimated Market Risk
24.34 actual daily | 96 96% of assets are less volatile |
Expected Return
-1.41 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SinglePoint 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 SinglePoint by adding SinglePoint to a well-diversified portfolio.
SinglePoint Valuation on August 15, 2024
It is possible to determine the worth of SinglePoint on a given historical date. On August 15, 2024 SinglePoint was worth 7.73 at the beginning of the trading date compared to the closed value of 3.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SinglePoint pink sheet. Still, in general, we apply an absolute valuation method to find SinglePoint'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 SinglePoint where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SinglePoint's related companies.
Open | High | Low | Close | Volume | |
9.40 | 9.75 | 8.22 | 8.58 | 78,345 | |
08/15/2024 | 7.73 | 7.73 | 3.36 | 3.75 | 1,264,952 |
3.37 | 3.60 | 2.60 | 3.19 | 792,800 |
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SinglePoint Trading Date Momentum on August 15, 2024
On August 16 2024 SinglePoint was traded for 3.19 at the closing time. The top price for the day was 3.60 and the lowest listed price was 2.60 . The trading volume for the day was 792.8 K. The trading history from August 16, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 14.93% . The trading price change against the current closing price is 23.47% . |
SinglePoint Fundamentals Correlations and Trends
By evaluating SinglePoint'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 SinglePoint's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SinglePoint financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SinglePoint Pink Sheet history
SinglePoint 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 SinglePoint is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SinglePoint 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 SinglePoint stock prices may prove useful in developing a viable investing in SinglePoint
SinglePoint Inc. focuses on providing renewable energy solutions and energy-efficient applications in the United States. The company was founded in 2007 and is based in Phoenix, Arizona. Singlepoint operates under Solar classification in the United States and is traded on OTC Exchange.
SinglePoint Pink Sheet Technical Analysis
SinglePoint 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
SinglePoint Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
SinglePoint 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.
SinglePoint December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how SinglePoint 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 SinglePoint shares will generate the highest return on investment. By undertsting and applying SinglePoint pink sheet market strength indicators, traders can identify SinglePoint entry and exit signals to maximize returns
SinglePoint Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SinglePoint's price direction in advance. Along with the technical and fundamental analysis of SinglePoint Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of SinglePoint 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 | (2.80) | |||
Total Risk Alpha | (6.35) | |||
Treynor Ratio | (0.60) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SinglePoint. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in SinglePoint Pink Sheet
If you are still planning to invest in SinglePoint 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 SinglePoint's history and understand the potential risks before investing.
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