PetIQ Inc Price on December 29, 2023
| PETQDelisted Stock | USD 30.98 0.00 0.00% |
If you're considering investing in PetIQ Stock, it is important to understand the factors that can impact its price. As of today, the current price of PetIQ stands at 30.98, as last reported on the 13th of December 2024, with the highest price reaching 31.00 and the lowest price hitting 30.98 during the day. Currently, PetIQ Inc is very steady. PetIQ Inc maintains Sharpe Ratio (i.e., Efficiency) of 0.38, which implies the firm had a 0.38% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for PetIQ Inc, which you can use to evaluate the volatility of the company. Please check PetIQ's Downside Deviation of 0.7063, standard deviation of 5.93, and Risk Adjusted Performance of 0.0947 to confirm if the risk estimate we provide is consistent with the expected return of 0.027%.
PetIQ Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PetIQ |
Sharpe Ratio = 0.3844
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| PETQ |
Based on monthly moving average PetIQ is performing at about 30% 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 PetIQ by adding it to a well-diversified portfolio.
PetIQ Valuation on December 29, 2023
It is possible to determine the worth of PetIQ on a given historical date. On December 29, 2023 PetIQ was worth 19.77 at the beginning of the trading date compared to the closed value of 19.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PetIQ stock. Still, in general, we apply an absolute valuation method to find PetIQ'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 PetIQ where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PetIQ's related companies.
| Open | High | Low | Close | Volume | |
| 19.71 | 20.36 | 19.46 | 19.81 | 216,250 | |
12/29/2023 | 19.77 | 19.98 | 19.62 | 19.75 | 380,785 |
| 19.54 | 19.74 | 19.21 | 19.42 | 233,209 |
| Backtest PetIQ | | | PetIQ History | | | PetIQ Valuation | Previous | Next |
PetIQ Trading Date Momentum on December 29, 2023
| On January 02 2024 PetIQ Inc was traded for 19.42 at the closing time. The top price for the day was 19.74 and the lowest listed price was 19.21 . The trading volume for the day was 233.2 K. The trading history from January 2, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.67% . The trading delta at closing time against the current closing price is 5.16% . |
PetIQ Inc Fundamentals Correlations and Trends
By evaluating PetIQ'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 PetIQ's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PetIQ financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PetIQ Stock history
PetIQ 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 PetIQ is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PetIQ Inc 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 PetIQ stock prices may prove useful in developing a viable investing in PetIQ
PetIQ, Inc. operates as a pet medication and wellness company in the United States and internationally. The company was founded in 2010 and is headquartered in Eagle, Idaho. Petiq Inc operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on NASDAQ Exchange. It employs 849 people.
PetIQ Stock Technical Analysis
PetIQ 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
PetIQ Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
PetIQ Inc 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.
PetIQ December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how PetIQ stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PetIQ shares will generate the highest return on investment. By undertsting and applying PetIQ stock market strength indicators, traders can identify PetIQ Inc entry and exit signals to maximize returns
PetIQ Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PetIQ's price direction in advance. Along with the technical and fundamental analysis of PetIQ Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PetIQ 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 | 0.0947 | |||
| Jensen Alpha | 0.8126 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.8336 | |||
| Treynor Ratio | (0.58) |
| 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 estimate. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Other Consideration for investing in PetIQ Stock
If you are still planning to invest in PetIQ Inc 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 PetIQ's history and understand the potential risks before investing.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device |