Boralex Stock Price on December 16, 2022
If you're considering investing in Boralex Pink Sheet, it is important to understand the factors that can impact its price. Boralex secures Sharpe Ratio (or Efficiency) of -0.0219, which signifies that the company had a -0.0219% return per unit of risk over the last 3 months. Boralex exposes zero different technical indicators, which can help you to evaluate volatility embedded in its price movement.
Boralex Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Boralex |
Sharpe Ratio = 0.0
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Based on monthly moving average Boralex 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 Boralex by adding Boralex to a well-diversified portfolio.
Boralex Valuation on December 16, 2022
It is possible to determine the worth of Boralex on a given historical date. On December 16, 2022 Boralex was worth 28.01 at the beginning of the trading date compared to the closed value of 28.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Boralex pink sheet. Still, in general, we apply an absolute valuation method to find Boralex'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 Boralex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Boralex's related companies.
Open | High | Low | Close | Volume | |
29.06 | 29.06 | 29.06 | 29.06 | 1.00 | |
12/16/2022 | 28.01 | 28.01 | 28.01 | 28.01 | 160.00 |
29.17 | 29.17 | 29.17 | 29.17 | 1.00 |
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Boralex Trading Date Momentum on December 16, 2022
On December 19 2022 Boralex was traded for 29.17 at the closing time. The highest daily price throughout the period was 29.17 and the lowest price was 29.17 . There was no trading activity during the period 1.0. Lack of trading volume on 12/19/2022 added to the next day price rise. The overall trading delta to closing price of the next trading day was 4.14% . The overall trading delta to current closing price is 3.28% . |
Boralex Fundamentals Correlations and Trends
By evaluating Boralex'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 Boralex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Boralex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Boralex Pink Sheet history
Boralex 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 Boralex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Boralex 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 Boralex stock prices may prove useful in developing a viable investing in Boralex
Boralex Inc., together with its subsidiaries, engages in the development, construction, and operation of renewable energy power facilities primarily in Canada, France, and the United States. Boralex Inc. was incorporated in 1982 and is headquartered in Kingsey Falls, Canada. Boralex Inc operates under UtilitiesRenewable classification in the United States and is traded on OTC Exchange. It employs 562 people.
Boralex Pink Sheet Technical Analysis
Boralex technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Boralex Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
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Boralex December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Boralex pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Boralex shares will generate the highest return on investment. By undertsting and applying Boralex pink sheet market strength indicators, traders can identify Boralex entry and exit signals to maximize returns
Boralex Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Boralex's price direction in advance. Along with the technical and fundamental analysis of Boralex Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Boralex 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 | (0.01) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.75) | |||
Treynor Ratio | 0.334 |
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Complementary Tools for Boralex Pink Sheet analysis
When running Boralex's price analysis, check to measure Boralex'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 Boralex is operating at the current time. Most of Boralex's value examination focuses on studying past and present price action to predict the probability of Boralex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boralex's price. Additionally, you may evaluate how the addition of Boralex to your portfolios can decrease your overall portfolio volatility.
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