Pan American Silver Stock Price on December 13, 2024
PAAS Stock | USD 22.00 0.01 0.05% |
If you're considering investing in Pan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pan American stands at 22.00, as last reported on the 17th of December 2024, with the highest price reaching 22.03 and the lowest price hitting 21.38 during the day. Currently, Pan American Silver is not too volatile. Pan American Silver maintains Sharpe Ratio (i.e., Efficiency) of 0.0561, which implies the firm had a 0.0561% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pan American Silver, which you can use to evaluate the volatility of the company. Please check Pan American's Coefficient Of Variation of 1783.92, risk adjusted performance of 0.0482, and Semi Deviation of 2.12 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%.
Pan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Pan |
Sharpe Ratio = 0.0561
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | PAAS | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
2.97 actual daily | 26 74% of assets are more volatile |
Expected Return
0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Pan American is performing at about 4% 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 Pan American by adding it to a well-diversified portfolio.
Related Headline
Barrick Gold Headline on 13th of December 2024
Markets Weekly Outlook - Will Fed Rate Cut and BoJ Decision ... by marketpulse.com
Market outlook focusing on major central bank meetings and implications for the US dollar and global markets.
Pan American Valuation on December 13, 2024
It is possible to determine the worth of Pan American on a given historical date. On December 13, 2024 Pan was worth 22.46 at the beginning of the trading date compared to the closed value of 22.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pan American stock. Still, in general, we apply an absolute valuation method to find Pan American'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 Pan American where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pan American's related companies.
Open | High | Low | Close | Volume | |
23.00 | 23.33 | 22.64 | 22.68 | 2,998,286 | |
12/13/2024 | 22.46 | 22.53 | 21.98 | 22.21 | 2,645,817 |
22.17 | 22.36 | 21.86 | 22.01 | 3,069,333 |
Backtest Pan American | | | Pan American History | | | Pan American Valuation | Previous | Next |
Pan American Trading Date Momentum on December 13, 2024
On December 16 2024 Pan American Silver was traded for 22.01 at the closing time. The top price for the day was 22.36 and the lowest listed price was 21.86 . The trading volume for the day was 3.1 M. The trading history from December 16, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.90% . The trading delta at closing time against the current closing price is 2.61% . |
Pan American Silver Fundamentals Correlations and Trends
By evaluating Pan American'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 Pan American's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pan American Stock history
Pan American 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 Pan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pan American Silver 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 Pan American stock prices may prove useful in developing a viable investing in Pan American
Pan American Silver Corp., together with its subsidiaries, engages in the exploration, mine development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Argentina, and Bolivia. Pan American Silver Corp. was incorporated in 1979 and is headquartered in Vancouver, Canada. Pan Amer operates under Silver classification in the United States and is traded on NASDAQ Exchange. It employs 7100 people.
Pan American Stock Technical Analysis
Pan American 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
Pan American Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Pan American Silver cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Pan American December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Pan American stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pan American shares will generate the highest return on investment. By undertsting and applying Pan American stock market strength indicators, traders can identify Pan American Silver entry and exit signals to maximize returns
Pan American Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pan American's price direction in advance. Along with the technical and fundamental analysis of Pan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pan 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 | 0.0482 | |||
Jensen Alpha | 0.1639 | |||
Total Risk Alpha | (0.08) | |||
Sortino Ratio | 0.0433 | |||
Treynor Ratio | (1.19) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Additional Tools for Pan Stock Analysis
When running Pan American's price analysis, check to measure Pan American'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 Pan American is operating at the current time. Most of Pan American's value examination focuses on studying past and present price action to predict the probability of Pan American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pan American's price. Additionally, you may evaluate how the addition of Pan American to your portfolios can decrease your overall portfolio volatility.