Boralex Stock Price on November 14, 2024

BRLXF Stock  USD 21.40  0.33  1.52%   
If you're considering investing in Boralex Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Boralex stands at 21.40, as last reported on the 13th of December 2024, with the highest price reaching 21.40 and the lowest price hitting 21.40 during the day. Boralex secures Sharpe Ratio (or Efficiency) of -0.0466, which signifies that the company had a -0.0466% return per unit of risk over the last 3 months. Boralex exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Boralex's Risk Adjusted Performance of (0.02), standard deviation of 4.01, and Mean Deviation of 1.6 to double-check the risk estimate we provide.
  
Boralex Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0466

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsBRLXF

Estimated Market Risk

 3.96
  actual daily
35
65% of assets are more volatile

Expected Return

 -0.18
  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 Boralex 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 Boralex by adding Boralex to a well-diversified portfolio.

Boralex Valuation on November 14, 2024

It is possible to determine the worth of Boralex on a given historical date. On November 14, 2024 Boralex was worth 24.35 at the beginning of the trading date compared to the closed value of 24.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Boralex pink sheet. Still, in general, we apply an absolute valuation method to find Boralex'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 Boralex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Boralex's related companies.
 Open High Low Close Volume
  24.35    24.35    24.35    24.35    1.00  
11/14/2024
  24.35    24.35    24.35    24.35    1.00  
  22.58    22.58    22.58    22.58    161.00  
Backtest Boralex  |  Boralex History  |  Boralex Valuation   PreviousNext  
Open Value
24.35
24.35
Closing Value
36.24
Upside

Boralex Trading Date Momentum on November 14, 2024

On November 15 2024 Boralex was traded for  22.58  at the closing time. The highest daily price throughout the period was 22.58  and the lowest price was  22.58 . The daily volume was 161. The net trading volume on 11/15/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 7.27% . The overall trading delta to current closing price is 11.99% .

Boralex Fundamentals Correlations and Trends

By evaluating Boralex'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 Boralex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Boralex financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Boralex Pink Sheet history

Boralex 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 Boralex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Boralex 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 Boralex stock prices may prove useful in developing a viable investing in Boralex
Boralex Inc., together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities primarily in Canada, France, and the United States. Boralex Inc. was incorporated in 1982 and is headquartered in Kingsey Falls, Canada. Boralex Inc operates under UtilitiesRenewable classification in the United States and is traded on OTC Exchange. It employs 562 people.

Boralex Pink Sheet Technical Analysis

Boralex 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.
A focus of Boralex technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Boralex 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

Boralex Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Boralex 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.

Boralex December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how Boralex 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 Boralex shares will generate the highest return on investment. By undertsting and applying Boralex pink sheet market strength indicators, traders can identify Boralex entry and exit signals to maximize returns

Boralex Technical and Predictive Indicators

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

When running Boralex's price analysis, check to measure Boralex'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 Boralex is operating at the current time. Most of Boralex's value examination focuses on studying past and present price action to predict the probability of Boralex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boralex's price. Additionally, you may evaluate how the addition of Boralex to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Fundamental Analysis
View fundamental data based on most recent published financial statements
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities