Boralex Stock Price on September 5, 2019
BRLXF Stock | USD 20.78 0.98 4.95% |
If you're considering investing in Boralex Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Boralex stands at 20.78, as last reported on the 29th of March, with the highest price reaching 20.78 and the lowest price hitting 20.78 during the day. Boralex secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. Boralex exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Boralex's Standard Deviation of 1.86, risk adjusted performance of (0.07), and Mean Deviation of 1.12 to double-check the risk estimate we provide.
Boralex Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Boralex |
Sharpe Ratio = -0.1467
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Negative Returns | BRLXF |
Estimated Market Risk
1.94 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
CLSK | CleanSpark | |
V | Visa Class A | |
CDLX | Cardlytics |
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
Boralex March 29, 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
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.05 | |||
Day Median Price | 20.78 | |||
Day Typical Price | 20.78 | |||
Price Action Indicator | 0.49 | |||
Period Momentum Indicator | 0.98 |
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 | (0.07) | |||
Jensen Alpha | (0.37) | |||
Total Risk Alpha | (0.70) | |||
Treynor Ratio | (0.37) |
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Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boralex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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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