Pasithea Therapeutics Corp Stock Price on December 4, 2024
If you're considering investing in Pasithea Stock, it is important to understand the factors that can impact its price. Pasithea Therapeutics maintains Sharpe Ratio (i.e., Efficiency) of -0.26, which implies the firm had a -0.26% return per unit of risk over the last 3 months. Pasithea Therapeutics exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pasithea Therapeutics' Risk Adjusted Performance of (0.20), coefficient of variation of (377.49), and Variance of 21.33 to confirm the risk estimate we provide.
Pasithea Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Pasithea |
Sharpe Ratio = -0.2649
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Estimated Market Risk
4.62 actual daily | 41 59% of assets are more volatile |
Expected Return
-1.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.26 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pasithea Therapeutics 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 Pasithea Therapeutics by adding Pasithea Therapeutics to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Pasithea Therapeutics Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
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Pasithea Therapeutics December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Pasithea Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pasithea Therapeutics shares will generate the highest return on investment. By undertsting and applying Pasithea Therapeutics stock market strength indicators, traders can identify Pasithea Therapeutics Corp entry and exit signals to maximize returns
Pasithea Therapeutics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pasithea Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Pasithea Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pasithea 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 | (0.20) | |||
Jensen Alpha | (1.27) | |||
Total Risk Alpha | (1.49) | |||
Treynor Ratio | (1.62) |
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Tools for Pasithea Stock
When running Pasithea Therapeutics' price analysis, check to measure Pasithea Therapeutics' 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 Pasithea Therapeutics is operating at the current time. Most of Pasithea Therapeutics' value examination focuses on studying past and present price action to predict the probability of Pasithea Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pasithea Therapeutics' price. Additionally, you may evaluate how the addition of Pasithea Therapeutics to your portfolios can decrease your overall portfolio volatility.
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |