Pieridae Energy Stock Price on December 20, 2023
| PEA Stock | CAD 0.28 0.01 3.70% |
If you're considering investing in Pieridae Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pieridae Energy stands at 0.28, as last reported on the 5th of January, with the highest price reaching 0.29 and the lowest price hitting 0.28 during the day. Pieridae Energy appears to be out of control, given 3 months investment horizon. Pieridae Energy maintains Sharpe Ratio (i.e., Efficiency) of 0.0659, which implies the firm had a 0.0659% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pieridae Energy, which you can use to evaluate the volatility of the company. Please evaluate Pieridae Energy's Semi Deviation of 2.37, risk adjusted performance of 0.0614, and Coefficient Of Variation of 1516.31 to confirm if our risk estimates are consistent with your expectations.
Pieridae Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Pieridae |
Sharpe Ratio = 0.0659
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Estimated Market Risk
| 3.83 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Pieridae Energy is performing at about 5% 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 Pieridae Energy by adding it to a well-diversified portfolio.
Pieridae Energy Valuation on December 20, 2023
It is possible to determine the worth of Pieridae Energy on a given historical date. On December 20, 2023 Pieridae was worth 0.3 at the beginning of the trading date compared to the closed value of 0.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pieridae Energy stock. Still, in general, we apply an absolute valuation method to find Pieridae Energy'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 Pieridae Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pieridae Energy's related companies.
| Open | High | Low | Close | Volume | |
| 0.29 | 0.31 | 0.28 | 0.29 | 140,100 | |
12/20/2023 | 0.30 | 0.30 | 0.28 | 0.29 | 137,400 |
| 0.28 | 0.29 | 0.27 | 0.27 | 69,800 |
| Backtest Pieridae Energy | | | Pieridae Energy History | | | Pieridae Energy Valuation | Previous | Next |
Pieridae Energy Trading Date Momentum on December 20, 2023
| On December 21 2023 Pieridae Energy was traded for 0.27 at the closing time. The maximum traded price for the trading interval was 0.29 and the lowest daily price was 0.27 . The daily volume was recorded at 69.8 K. The volume of trading on 21st of December 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 6.90% . The trading delta at closing time to the closing price today is 24.14% . |
Pieridae Energy Fundamentals Correlations and Trends
By evaluating Pieridae Energy'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 Pieridae Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pieridae financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pieridae Energy Stock history
Pieridae Energy 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 Pieridae is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pieridae Energy 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 Pieridae Energy stock prices may prove useful in developing a viable investing in Pieridae Energy
Pieridae Energy Limited operates as an energy producing company in Canada. The company was founded in 2011 and is headquartered in Calgary, Canada. PIERIDAE ENERGY operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 270 people.
Pieridae Energy Stock Technical Analysis
Pieridae Energy 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
Pieridae Energy Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
Pieridae Energy cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Pieridae Energy January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how Pieridae Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pieridae Energy shares will generate the highest return on investment. By undertsting and applying Pieridae Energy stock market strength indicators, traders can identify Pieridae Energy entry and exit signals to maximize returns
Pieridae Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pieridae Energy's price direction in advance. Along with the technical and fundamental analysis of Pieridae Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pieridae 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 | 0.0614 | |||
| Jensen Alpha | 0.2357 | |||
| Total Risk Alpha | 0.1844 | |||
| Sortino Ratio | 0.045 | |||
| Treynor Ratio | 0.4242 |
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Other Information on Investing in Pieridae Stock
Pieridae Energy financial ratios help investors to determine whether Pieridae Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pieridae with respect to the benefits of owning Pieridae Energy security.