Pacific Basin Shipping Stock Price on January 31, 2024

PCFBF Stock  USD 0.21  0.00  0.00%   
If you're considering investing in Pacific Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Pacific Basin stands at 0.21, as last reported on the 23rd of December, with the highest price reaching 0.21 and the lowest price hitting 0.21 during the day. Pacific Basin Shipping maintains Sharpe Ratio (i.e., Efficiency) of -0.0865, which implies the firm had a -0.0865% return per unit of risk over the last 3 months. Pacific Basin Shipping exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pacific Basin's Risk Adjusted Performance of (0.06), variance of 7.11, and Coefficient Of Variation of (1,174) to confirm the risk estimate we provide.
  
Pacific Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0865

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

Estimated Market Risk

 2.71
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.23
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Pacific Basin 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 Pacific Basin by adding Pacific Basin to a well-diversified portfolio.

Pacific Basin Valuation on January 31, 2024

It is possible to determine the worth of Pacific Basin on a given historical date. On January 31, 2024 Pacific was worth 0.25 at the beginning of the trading date compared to the closed value of 0.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pacific Basin pink sheet. Still, in general, we apply an absolute valuation method to find Pacific Basin'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 Pacific Basin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pacific Basin's related companies.
 Open High Low Close Volume
01/31/2024
  0.25    0.25    0.25    0.25    100.00  
  0.24    0.24    0.24    0.24    61,193  
Backtest Pacific Basin  |  Pacific Basin History  |  Pacific Basin Valuation Next  
Open Value
0.25
0.25
Closing Value
8.38
Upside

Pacific Basin Trading Date Momentum on January 31, 2024

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Pacific Basin Shipping Fundamentals Correlations and Trends

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

About Pacific Basin Pink Sheet history

Pacific Basin 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 Pacific is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pacific Basin Shipping 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 Pacific Basin stock prices may prove useful in developing a viable investing in Pacific Basin
Pacific Basin Shipping Limited, an investment holding company, provides dry bulk shipping services worldwide. Pacific Basin Shipping Limited was founded in 1987 and is headquartered in Wong Chuk Hang, Hong Kong. Pacific Basin operates under Marine Shipping classification in the United States and is traded on OTC Exchange. It employs 4979 people.

Pacific Basin Pink Sheet Technical Analysis

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

Pacific Basin Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Pacific Basin Shipping 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.

Pacific Basin December 23, 2024 Market Strength

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

Pacific Basin Technical and Predictive Indicators

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

When running Pacific Basin's price analysis, check to measure Pacific Basin'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 Pacific Basin is operating at the current time. Most of Pacific Basin's value examination focuses on studying past and present price action to predict the probability of Pacific Basin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pacific Basin's price. Additionally, you may evaluate how the addition of Pacific Basin to your portfolios can decrease your overall portfolio volatility.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation