Performant Financial Price on November 5, 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 23rd 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 -0.0235, which implies the firm had a -0.0235% 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.

Sharpe Ratio = -0.0235

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Estimated Market Risk

 3.37
  actual daily
30
70% of assets are more volatile

Expected Return

 -0.08
  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 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.

Performant Financial Main Headline on 5th of November 2024

Performant Financial Corp is set to release its Q3 2024 earnings on Nov 6, 2024. The consensus estimate for Q3 2024 revenue is 31.59 million, and the earnings are expected to come in at -0.03 per share. The full year 2024s revenue is expected to be 125.88 million and the earnings are expected to be -0.11 per share.

Performant Financial Valuation on November 5, 2024

It is possible to determine the worth of Performant Financial on a given historical date. On November 5, 2024 Performant was worth 3.91 at the beginning of the trading date compared to the closed value of 4.0. 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
  3.97    4.00    3.89    3.92    258,886  
11/05/2024
  3.91    4.05    3.87    4.00    119,955  
  4.15    4.35    4.08    4.28    452,781  
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Open Value
3.91
4.0
Closing Value
14.01
Upside

Performant Financial Trading Date Momentum on November 5, 2024

On November 06 2024 Performant Financial was traded for  4.28  at the closing time. The top price for the day was 4.35  and the lowest listed price was  4.08 . The trading volume for the day was 452.8 K. The trading history from November 6, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 7.00% . The trading delta at closing time against the current closing price is 20.25% .

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.
A focus of Performant Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Performant Financial trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Performant Financial Period Price Range

Low
December 23, 2024
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High

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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 23, 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.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Performant Financial. 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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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