Performant Financial Price on October 30, 2024
PFMTDelisted Stock | USD 3.56 0.12 3.26% |
If you're considering investing in Performant Stock, it is important to understand the factors that can impact its price. As of today, the current price of Performant Financial stands at 3.56, as last reported on the 26th of December, with the highest price reaching 3.68 and the lowest price hitting 3.51 during the day. Performant Financial maintains Sharpe Ratio (i.e., Efficiency) of -0.0019, which implies the firm had a -0.0019% return per unit of risk over the last 3 months. Performant Financial exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Performant Financial's insignificant Risk Adjusted Performance, variance of 10.84, and Coefficient Of Variation of (6,921) to confirm the risk estimate we provide.
Performant Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Performant |
Sharpe Ratio = -0.0019
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Estimated Market Risk
3.43 actual daily | 30 70% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Performant Financial 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 Performant Financial by adding Performant Financial to a well-diversified portfolio.
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Performant Financial Valuation on October 30, 2024
It is possible to determine the worth of Performant Financial on a given historical date. On October 30, 2024 Performant was worth 3.87 at the beginning of the trading date compared to the closed value of 3.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Performant Financial stock. Still, in general, we apply an absolute valuation method to find Performant Financial'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 Performant Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Performant Financial's related companies.
Open | High | Low | Close | Volume | |
3.85 | 3.94 | 3.85 | 3.88 | 59,751 | |
10/30/2024 | 3.87 | 3.93 | 3.86 | 3.86 | 78,371 |
3.87 | 3.94 | 3.85 | 3.89 | 97,849 |
Backtest Performant Financial | | | Performant Financial History | | | Performant Financial Valuation | Previous | Next |
Performant Financial Trading Date Momentum on October 30, 2024
On October 31 2024 Performant Financial was traded for 3.89 at the closing time. The top price for the day was 3.94 and the lowest listed price was 3.85 . The trading volume for the day was 97.8 K. The trading history from October 31, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 0.78% . The trading delta at closing time against the current closing price is 12.95% . |
Performant Financial Fundamentals Correlations and Trends
By evaluating Performant Financial'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 Performant Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Performant financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Performant Financial Stock history
Performant Financial 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 Performant is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Performant Financial 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 Performant Financial stock prices may prove useful in developing a viable investing in Performant Financial
Performant Financial Corporation provides technology-enabled audit, recovery, outsource customer, and related analytics services in the United States. Performant Financial Corporation was founded in 1976 and is headquartered in Livermore, California. Performant Financial operates under Specialty Business Services classification in the United States and is traded on NASDAQ Exchange. It employs 929 people.
Performant Financial Stock Technical Analysis
Performant Financial 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Performant Financial Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Performant Financial cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Performant Financial December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Performant Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Performant Financial shares will generate the highest return on investment. By undertsting and applying Performant Financial stock market strength indicators, traders can identify Performant Financial entry and exit signals to maximize returns
Performant Financial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Performant Financial's price direction in advance. Along with the technical and fundamental analysis of Performant Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Performant 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) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.20) | |||
Treynor Ratio | 0.1347 |
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Other Consideration for investing in Performant Stock
If you are still planning to invest in Performant Financial check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Performant Financial's history and understand the potential risks before investing.
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