PERENNIAL ENERGY (Germany) Price on September 4, 2024
| PEZ Stock | EUR 0.1 0.0005 0.51% |
If you're considering investing in PERENNIAL Stock, it is important to understand the factors that can impact its price. As of today, the current price of PERENNIAL ENERGY stands at 0.1, as last reported on the 24th of December, with the highest price reaching 0.10 and the lowest price hitting 0.1 during the day. PERENNIAL ENERGY maintains Sharpe Ratio (i.e., Efficiency) of -0.0235, which implies the firm had a -0.0235% return per unit of standard deviation over the last 3 months. PERENNIAL ENERGY exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PERENNIAL ENERGY's Coefficient Of Variation of (5,889), risk adjusted performance of (0.01), and Market Risk Adjusted Performance of 0.5311 to confirm the risk estimate we provide.
PERENNIAL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PERENNIAL |
Sharpe Ratio = -0.0235
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Estimated Market Risk
| 3.97 actual daily | 35 65% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PERENNIAL ENERGY 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 PERENNIAL ENERGY by adding PERENNIAL ENERGY to a well-diversified portfolio.
PERENNIAL ENERGY Valuation on September 4, 2024
It is possible to determine the worth of PERENNIAL ENERGY on a given historical date. On September 4, 2024 PERENNIAL was worth 0.13 at the beginning of the trading date compared to the closed value of 0.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PERENNIAL ENERGY stock. Still, in general, we apply an absolute valuation method to find PERENNIAL 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 PERENNIAL ENERGY where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PERENNIAL ENERGY's related companies.
| Open | High | Low | Close | Volume | |
| 0.13 | 0.13 | 0.12 | 0.12 | 89.00 | |
09/04/2024 | 0.13 | 0.13 | 0.12 | 0.12 | 89.00 |
| 0.13 | 0.13 | 0.12 | 0.12 | 89.00 |
| Backtest PERENNIAL ENERGY | | | PERENNIAL ENERGY History | | | PERENNIAL ENERGY Valuation | Previous | Next |
PERENNIAL ENERGY Trading Date Momentum on September 4, 2024
| On September 05 2024 PERENNIAL ENERGY HD 01 was traded for 0.12 at the closing time. The highest daily price throughout the period was 0.13 and the lowest price was 0.12 . The daily volume was 89.0. The net trading volume on 09/05/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
PERENNIAL ENERGY Fundamentals Correlations and Trends
By evaluating PERENNIAL 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 PERENNIAL ENERGY's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PERENNIAL financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PERENNIAL ENERGY Stock history
PERENNIAL 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 PERENNIAL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PERENNIAL 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 PERENNIAL ENERGY stock prices may prove useful in developing a viable investing in PERENNIAL ENERGY
Perennial Energy Holdings Limited, an investment holding company, operates as a coal mining company in the Peoples Republic of China. Perennial Energy Holdings Limited is a subsidiary of Spring Snow Management Limited. PERENNIAL ENERGY is traded on Frankfurt Stock Exchange in Germany.
PERENNIAL ENERGY Stock Technical Analysis
PERENNIAL 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
PERENNIAL ENERGY Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
PERENNIAL ENERGY HD 01 cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
PERENNIAL ENERGY December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how PERENNIAL 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 PERENNIAL ENERGY shares will generate the highest return on investment. By undertsting and applying PERENNIAL ENERGY stock market strength indicators, traders can identify PERENNIAL ENERGY HD 01 entry and exit signals to maximize returns
PERENNIAL ENERGY Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PERENNIAL ENERGY's price direction in advance. Along with the technical and fundamental analysis of PERENNIAL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PERENNIAL 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 | (0.01) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 0.5211 |
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Complementary Tools for PERENNIAL Stock analysis
When running PERENNIAL ENERGY's price analysis, check to measure PERENNIAL ENERGY'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 PERENNIAL ENERGY is operating at the current time. Most of PERENNIAL ENERGY's value examination focuses on studying past and present price action to predict the probability of PERENNIAL ENERGY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PERENNIAL ENERGY's price. Additionally, you may evaluate how the addition of PERENNIAL ENERGY to your portfolios can decrease your overall portfolio volatility.
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