Performance Shipping Stock Price on June 11, 2024

PSHG Stock  USD 1.76  0.05  2.92%   
Below is the normalized historical share price chart for Performance Shipping extending back to January 03, 2011. 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 Performance Shipping stands at 1.76, as last reported on the 23rd of December, with the highest price reaching 1.80 and the lowest price hitting 1.69 during the day.
IPO Date
3rd of January 2011
200 Day MA
2.0065
50 Day MA
1.8764
Beta
0.196
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Performance Stock, it is important to understand the factors that can impact its price. Performance Shipping maintains Sharpe Ratio (i.e., Efficiency) of -0.0303, which implies the firm had a -0.0303% return per unit of risk over the last 3 months. Performance Shipping exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Performance Shipping's Risk Adjusted Performance of (0.03), coefficient of variation of (2,148), and Variance of 7.44 to confirm the risk estimate we provide.
  
At this time, Performance Shipping's Common Stock Shares Outstanding is most likely to increase significantly in the upcoming years. The Performance Shipping's current Common Stock is estimated to increase to about 198.1 K, while Total Stockholder Equity is projected to decrease to roughly 124.3 M. . At this time, Performance Shipping's Price To Free Cash Flows Ratio is most likely to slightly decrease in the upcoming years. The Performance Shipping's current Price Cash Flow Ratio is estimated to increase to 0.37, while Price Book Value Ratio is projected to decrease to 0.10. Performance Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0303

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Estimated Market Risk

 2.71
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Performance Shipping 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 Performance Shipping by adding Performance Shipping to a well-diversified portfolio.
Price Book
0.0837
Enterprise Value Ebitda
0.0335
Price Sales
0.2442
Shares Float
10.1 M
Wall Street Target Price
5.75

Performance Shipping Valuation on June 11, 2024

It is possible to determine the worth of Performance Shipping on a given historical date. On June 11, 2024 Performance was worth 2.18 at the beginning of the trading date compared to the closed value of 2.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Performance Shipping stock. Still, in general, we apply an absolute valuation method to find Performance Shipping'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 Performance Shipping where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Performance Shipping's related companies.
 Open High Low Close Volume
  2.30    2.30    2.14    2.15    164,400  
06/11/2024
  2.18    2.19    2.13    2.19    75,500  
  2.16    2.19    2.13    2.16    118,700  
Backtest Performance Shipping  |  Performance Shipping History  |  Performance Shipping Valuation   PreviousNext  
Open Value
2.18
2.19
Closing Value
10.32
Upside

Performance Shipping Trading Date Momentum on June 11, 2024

On June 12 2024 Performance Shipping was traded for  2.16  at the closing time. The top price for the day was 2.19  and the lowest listed price was  2.13 . The trading volume for the day was 118.7 K. The trading history from June 12, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.37% . The trading delta at closing time against the current closing price is 0.91% .

Performance Shipping Fundamentals Correlations and Trends

By evaluating Performance Shipping'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 Performance Shipping's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Performance financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Performance Shipping Stock history

Performance Shipping 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 Performance is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Performance Shipping 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 Performance Shipping stock prices may prove useful in developing a viable investing in Performance Shipping
Last ReportedProjected for Next Year
Common Stock Shares Outstanding35.5 M37.3 M
Net Loss-11.2 M-11.7 M

Performance Shipping Quarterly Net Working Capital

55.92 Million

Performance Shipping Stock Technical Analysis

Performance Shipping 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.
A focus of Performance Shipping technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Performance Shipping 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

Performance Shipping Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Performance Shipping 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.

Performance Shipping December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Performance Shipping stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Performance Shipping shares will generate the highest return on investment. By undertsting and applying Performance Shipping stock market strength indicators, traders can identify Performance Shipping entry and exit signals to maximize returns

Performance Shipping Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Performance Shipping's price direction in advance. Along with the technical and fundamental analysis of Performance Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Performance 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.

Complementary Tools for Performance Stock analysis

When running Performance Shipping's price analysis, check to measure Performance Shipping's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Performance Shipping is operating at the current time. Most of Performance Shipping's value examination focuses on studying past and present price action to predict the probability of Performance Shipping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Performance Shipping's price. Additionally, you may evaluate how the addition of Performance Shipping to your portfolios can decrease your overall portfolio volatility.
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