Picton Mahoney Fortified Etf Price on November 5, 2024
| PFLS Etf | CAD 18.90 0.15 0.80% |
Below is the normalized historical share price chart for Picton Mahoney Fortified extending back to July 21, 2020. 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 Picton Mahoney stands at 18.90, as last reported on the 29th of November, with the highest price reaching 18.93 and the lowest price hitting 18.83 during the day.
If you're considering investing in Picton Etf, it is important to understand the factors that can impact its price. As of now, Picton Etf is very steady. Picton Mahoney Fortified maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the entity had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Picton Mahoney Fortified, which you can use to evaluate the volatility of the etf. Please check Picton Mahoney's Risk Adjusted Performance of 0.107, coefficient of variation of 710.11, and Semi Deviation of 0.5631 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
Picton Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 7.46 | 200 Day MA 17.2246 | 1 y Volatility 3.12 | 50 Day MA 18.2734 | Inception Date 2020-07-15 |
Picton |
Sharpe Ratio = 0.1605
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Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Picton Mahoney is performing at about 12% 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 Picton Mahoney by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 37.4 K |
Picton Mahoney Valuation on November 5, 2024
It is possible to determine the worth of Picton Mahoney on a given historical date. On November 5, 2024 Picton was worth 18.11 at the beginning of the trading date compared to the closed value of 18.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Picton Mahoney etf. Still, in general, we apply an absolute valuation method to find Picton Mahoney'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 Picton Mahoney where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Picton Mahoney's related companies.
| Open | High | Low | Close | Volume | |
| 18.03 | 18.09 | 18.03 | 18.09 | 3,215 | |
11/05/2024 | 18.11 | 18.12 | 18.11 | 18.11 | 4,101 |
| 18.24 | 18.32 | 18.24 | 18.32 | 9,400 |
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Picton Mahoney Trading Date Momentum on November 5, 2024
| On November 06 2024 Picton Mahoney Fortified was traded for 18.32 at the closing time. The highest price during the trading period was 18.32 and the lowest recorded bid was listed for 18.24 . The volume for the day was 9.4 K. This history from November 6, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 1.16% . The trading delta at closing time to the current price is 2.32% . |
Picton Mahoney Fortified Fundamentals Correlations and Trends
By evaluating Picton Mahoney'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 Picton Mahoney's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Picton financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Picton Mahoney Etf history
Picton Mahoney 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 Picton is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Picton Mahoney Fortified 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 Picton Mahoney stock prices may prove useful in developing a viable investing in Picton Mahoney
Picton Mahoney Etf Technical Analysis
Picton Mahoney technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Picton Mahoney Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Picton Mahoney Fortified 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.
Picton Mahoney November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Picton Mahoney etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Picton Mahoney shares will generate the highest return on investment. By undertsting and applying Picton Mahoney etf market strength indicators, traders can identify Picton Mahoney Fortified entry and exit signals to maximize returns
Picton Mahoney Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Picton Mahoney's price direction in advance. Along with the technical and fundamental analysis of Picton Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Picton 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 | 0.107 | |||
| Jensen Alpha | 0.0736 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.6667 |
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Other Information on Investing in Picton Etf
Picton Mahoney financial ratios help investors to determine whether Picton Etf 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 Picton with respect to the benefits of owning Picton Mahoney security.