Pointsbet Holdings (Australia) Price on August 21, 2024
| PBH Stock | 1.01 0.04 3.81% |
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 1.01, as last reported on the 5th of December, with the highest price reaching 1.05 and the lowest price hitting 1.01 during the day.
If you're considering investing in Pointsbet Stock, it is important to understand the factors that can impact its price. Pointsbet Holdings is dangerous given 3 months investment horizon. Pointsbet Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.32, which implies the firm had a 0.32% return per unit of risk over the last 3 months. We have analyze and collected data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.18% are justified by taking the suggested risk. Use Pointsbet Holdings Semi Deviation of 1.96, risk adjusted performance of 0.2524, and Coefficient Of Variation of 302.25 to evaluate company specific risk that cannot be diversified away.
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.
200 Day MA 0.6512 | 50 Day MA 0.8173 | Beta 2.344 |
Pointsbet |
Sharpe Ratio = 0.318
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | PBH | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.72 actual daily | 33 67% of assets are more volatile |
Expected Return
| 1.18 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.32 actual daily | 25 75% of assets perform better |
Based on monthly moving average Pointsbet Holdings is performing at about 25% 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 17.8084 | Enterprise Value Ebitda 1.5039 | Price Sales 1.3767 | Shares Float 207.4 M | Wall Street Target Price 0.92 |
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Pointsbet Holdings Valuation on August 21, 2024
It is possible to determine the worth of Pointsbet Holdings on a given historical date. On August 21, 2024 Pointsbet was worth 0.49 at the beginning of the trading date compared to the closed value of 0.5. 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 | |
| 0.51 | 0.51 | 0.49 | 0.49 | 628,903 | |
08/21/2024 | 0.49 | 0.51 | 0.49 | 0.50 | 761,907 |
| 0.52 | 0.60 | 0.50 | 0.57 | 6,657,089 |
| Backtest Pointsbet Holdings | | | Pointsbet Holdings History | | | Pointsbet Holdings Valuation | Previous | Next |
Pointsbet Holdings Trading Date Momentum on August 21, 2024
| On August 22 2024 Pointsbet Holdings was traded for 0.57 at the closing time. The maximum traded price for the trading interval was 0.60 and the lowest daily price was 0.50 . The daily volume was recorded at 6.7 M. The volume of trading on 22nd of August 2024 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 14.00% . The trading delta at closing time to the closing price today is 2.00% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 318.1 M | 213.2 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.
Price Boundaries
Pointsbet Holdings Period Price Range
Low | December 5, 2024
| 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 5, 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.
| Risk Adjusted Performance | 0.2524 | |||
| Jensen Alpha | 1.36 | |||
| Total Risk Alpha | 0.5313 | |||
| Sortino Ratio | 0.3318 | |||
| Treynor Ratio | (1.20) |
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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.