Pacific Basin Shipping Stock Price on November 27, 2023
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 Variance of 7.11, coefficient of variation of (1,174), and Risk Adjusted Performance of (0.06) 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.
Pacific |
Sharpe Ratio = -0.0865
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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 November 27, 2023
It is possible to determine the worth of Pacific Basin on a given historical date. On November 27, 2023 Pacific was worth 0.28 at the beginning of the trading date compared to the closed value of 0.28. 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 | |
11/22/2023 | 0.28 | 0.28 | 0.28 | 0.28 | 200.00 |
0.29 | 0.29 | 0.29 | 0.29 | 1,666 |
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Pacific Basin Trading Date Momentum on November 27, 2023
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.
Price Boundaries
Pacific Basin Period Price Range
Low | December 23, 2024
| 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.
Risk Adjusted Performance | (0.06) | |||
Jensen Alpha | (0.24) | |||
Total Risk Alpha | (0.31) | |||
Treynor Ratio | (1.71) |
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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.
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