Pointsbet Holdings (Australia) Price on June 5, 2024

PBH Stock   0.98  0.04  3.92%   
Below is the normalized historical share price chart for Pointsbet Holdings extending back to June 12, 2019. 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 Pointsbet Holdings stands at 0.98, as last reported on the 10th of December, with the highest price reaching 1.04 and the lowest price hitting 0.98 during the day.
200 Day MA
0.6538
50 Day MA
0.8345
Beta
2.344
 
Covid
If you're considering investing in Pointsbet Stock, it is important to understand the factors that can impact its price. Pointsbet Holdings appears to be extremely dangerous, given 3 months investment horizon. Pointsbet Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies the firm had a 0.23% return per unit of risk over the last 3 months. By analyzing Pointsbet Holdings' technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please evaluate Pointsbet Holdings' Coefficient Of Variation of 382.64, semi deviation of 2.47, and Risk Adjusted Performance of 0.1992 to confirm if our risk estimates are consistent with your expectations.
  
Total Stockholder Equity is likely to drop to about 18.3 M in 2024. Common Stock is likely to drop to about 523.7 M in 2024. Pointsbet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2291

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Estimated Market Risk

 3.45
  actual daily
30
70% of assets are more volatile

Expected Return

 0.79
  actual daily
15
85% of assets have higher returns

Risk-Adjusted Return

 0.23
  actual daily
18
82% of assets perform better
Based on monthly moving average Pointsbet Holdings is performing at about 18% of its full potential. 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 Pointsbet Holdings by adding it to a well-diversified portfolio.
Price Book
17.5503
Enterprise Value Ebitda
1.5039
Price Sales
1.3321
Shares Float
207.4 M
Wall Street Target Price
0.92

Pointsbet Holdings Valuation on June 5, 2024

It is possible to determine the worth of Pointsbet Holdings on a given historical date. On June 5, 2024 Pointsbet was worth 0.53 at the beginning of the trading date compared to the closed value of 0.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pointsbet Holdings stock. Still, in general, we apply an absolute valuation method to find Pointsbet Holdings' 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 Pointsbet Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pointsbet Holdings' related companies.
 Open High Low Close Volume
  0.55    0.57    0.52    0.52    3,182,041  
06/05/2024
  0.53    0.54    0.52    0.53    1,431,926  
  0.53    0.54    0.52    0.54    822,745  
Backtest Pointsbet Holdings  |  Pointsbet Holdings History  |  Pointsbet Holdings Valuation   PreviousNext  
Open Value
0.53
0.53
Closing Value
10.87
Upside

Pointsbet Holdings Trading Date Momentum on June 5, 2024

On June 06 2024 Pointsbet Holdings was traded for  0.54  at the closing time. The maximum traded price for the trading interval was 0.54  and the lowest daily price was  0.52 . The daily volume was recorded at 822.7 K. The volume of trading on 6th of June 2024 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.89% . The trading delta at closing time to the closing price today is 15.09% .

Pointsbet Holdings Fundamentals Correlations and Trends

By evaluating Pointsbet Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Pointsbet Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pointsbet financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Pointsbet Holdings Stock history

Pointsbet Holdings 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 Pointsbet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pointsbet Holdings 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 Pointsbet Holdings stock prices may prove useful in developing a viable investing in Pointsbet Holdings
Last ReportedProjected for Next Year
Common Stock Shares Outstanding318.1 M213.2 M
Net Loss-248.7 M-236.2 M

Pointsbet Holdings Stock Technical Analysis

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

Pointsbet Holdings Period Price Range

Low
December 10, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Pointsbet Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.

Pointsbet Holdings December 10, 2024 Market Strength

Market strength indicators help investors to evaluate how Pointsbet Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pointsbet Holdings shares will generate the highest return on investment. By undertsting and applying Pointsbet Holdings stock market strength indicators, traders can identify Pointsbet Holdings entry and exit signals to maximize returns

Pointsbet Holdings Technical and Predictive Indicators

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

Additional Tools for Pointsbet Stock Analysis

When running Pointsbet Holdings' price analysis, check to measure Pointsbet Holdings' 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 Pointsbet Holdings is operating at the current time. Most of Pointsbet Holdings' value examination focuses on studying past and present price action to predict the probability of Pointsbet Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pointsbet Holdings' price. Additionally, you may evaluate how the addition of Pointsbet Holdings to your portfolios can decrease your overall portfolio volatility.