Patria Latin American Price on June 26, 2023
| PLAOUDelisted Stock | USD 11.62 0.00 0.00% |
If you're considering investing in Patria Stock, it is important to understand the factors that can impact its price. As of today, the current price of Patria Latin stands at 11.62, as last reported on the 19th of December, with the highest price reaching 11.62 and the lowest price hitting 11.62 during the day. Currently, Patria Latin American is very steady. Patria Latin American maintains Sharpe Ratio (i.e., Efficiency) of 0.0115, which implies the firm had a 0.0115% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Patria Latin American, which you can use to evaluate the volatility of the company. Please check Patria Latin's Coefficient Of Variation of 3506.81, risk adjusted performance of 0.0198, and Variance of 0.3809 to confirm if the risk estimate we provide is consistent with the expected return of 0.0082%.
Patria Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Patria |
Sharpe Ratio = 0.0115
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PLAOU |
Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Patria Latin 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 Patria Latin by adding Patria Latin to a well-diversified portfolio.
Patria Latin Valuation on June 26, 2023
It is possible to determine the worth of Patria Latin on a given historical date. On June 26, 2023 Patria was worth 10.73 at the beginning of the trading date compared to the closed value of 10.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Patria Latin stock. Still, in general, we apply an absolute valuation method to find Patria Latin'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 Patria Latin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Patria Latin's related companies.
| Open | High | Low | Close | Volume | |
| 10.73 | 10.73 | 10.73 | 10.73 | 300.00 | |
06/26/2023 | 10.73 | 10.73 | 10.73 | 10.73 | 1.00 |
| 10.79 | 10.79 | 10.74 | 10.79 | 229.00 |
| Backtest Patria Latin | | | Patria Latin History | | | Patria Latin Valuation | Previous | Next |
Patria Latin Trading Date Momentum on June 26, 2023
| On June 27 2023 Patria Latin American was traded for 10.79 at the closing time. The highest daily price throughout the period was 10.79 and the lowest price was 10.74 . The daily volume was 229. The net trading volume on 06/27/2023 added to the next day price appreciation. The trading delta at closing time to closing price of the next trading day was 0.56% . The trading delta at closing time to current closing price is 0.56% . |
Patria Latin American Fundamentals Correlations and Trends
By evaluating Patria Latin'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 Patria Latin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Patria financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Patria Latin Stock history
Patria Latin 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 Patria is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Patria Latin American 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 Patria Latin stock prices may prove useful in developing a viable investing in Patria Latin
Patria Latin American Opportunity Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Grand Cayman, the Cayman Islands. Patria Latin is traded on NASDAQ Exchange in the United States.
Patria Latin Stock Technical Analysis
Patria Latin 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
Patria Latin Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
Patria Latin American 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.
Patria Latin December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Patria Latin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Patria Latin shares will generate the highest return on investment. By undertsting and applying Patria Latin stock market strength indicators, traders can identify Patria Latin American entry and exit signals to maximize returns
Patria Latin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Patria Latin's price direction in advance. Along with the technical and fundamental analysis of Patria Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Patria 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 | 0.0198 | |||
| Jensen Alpha | 0.0089 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (0.11) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| 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 persons. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Other Consideration for investing in Patria Stock
If you are still planning to invest in Patria Latin American 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 Patria Latin's history and understand the potential risks before investing.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |