Petrolimex International (Vietnam) Price on February 2, 2024
| PIT Stock | 5,370 10.00 0.19% |
If you're considering investing in Petrolimex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Petrolimex International stands at 5,370, as last reported on the 27th of December, with the highest price reaching 5,380 and the lowest price hitting 5,050 during the day. As of now, Petrolimex Stock is very steady. Petrolimex International maintains Sharpe Ratio (i.e., Efficiency) of 0.0147, which implies the firm had a 0.0147% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Petrolimex International, which you can use to evaluate the volatility of the company. Please check Petrolimex International's Semi Deviation of 1.73, risk adjusted performance of 0.013, and Coefficient Of Variation of 12118.02 to confirm if the risk estimate we provide is consistent with the expected return of 0.0308%.
Petrolimex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Petrolimex |
Sharpe Ratio = 0.0147
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Estimated Market Risk
| 2.1 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Petrolimex International is performing at about 1% 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 Petrolimex International by adding it to a well-diversified portfolio.
Petrolimex International Valuation on February 2, 2024
It is possible to determine the worth of Petrolimex International on a given historical date. On February 2, 2024 Petrolimex was worth 5990.0 at the beginning of the trading date compared to the closed value of 5900.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Petrolimex International stock. Still, in general, we apply an absolute valuation method to find Petrolimex International'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 Petrolimex International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Petrolimex International's related companies.
| Open | High | Low | Close | Volume | |
| 6,000 | 6,000 | 5,900 | 5,900 | 6,500 | |
02/02/2024 | 5,990 | 5,990 | 5,900 | 5,900 | 4,700 |
| 5,900 | 5,900 | 5,850 | 5,900 | 2,500 |
| Backtest Petrolimex International | | | Petrolimex International History | | | Petrolimex International Valuation | Previous | Next |
Petrolimex International Trading Date Momentum on February 2, 2024
| On February 05 2024 Petrolimex International Trading was traded for 5,900 at the closing time. The maximum traded price for the trading interval was 5,900 and the lowest daily price was 5,850 . The daily volume was recorded at 2.5 K. The volume of trading on 5th of February 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.68% . |
About Petrolimex International Stock history
Petrolimex International 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 Petrolimex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Petrolimex International 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 Petrolimex International stock prices may prove useful in developing a viable investing in Petrolimex International
Petrolimex International Stock Technical Analysis
Petrolimex International 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
Petrolimex International Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Petrolimex International Trading cannot be verified against its exchange. Please verify the symbol is currently traded on Vietnam Stocks. 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.
Petrolimex International December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Petrolimex International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Petrolimex International shares will generate the highest return on investment. By undertsting and applying Petrolimex International stock market strength indicators, traders can identify Petrolimex International Trading entry and exit signals to maximize returns
Petrolimex International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Petrolimex International's price direction in advance. Along with the technical and fundamental analysis of Petrolimex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Petrolimex 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 | 0.013 | |||
| Jensen Alpha | (0.0006) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0403 |
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Other Information on Investing in Petrolimex Stock
Petrolimex International financial ratios help investors to determine whether Petrolimex 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 Petrolimex with respect to the benefits of owning Petrolimex International security.