Pnm Resources Stock Price History
PNM Stock | USD 36.63 0.34 0.94% |
Below is the normalized historical share price chart for PNM Resources extending back to February 21, 1973. 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 PNM Resources stands at 36.63, as last reported on the 25th of April, with the highest price reaching 36.66 and the lowest price hitting 35.89 during the day.
If you're considering investing in PNM Stock, it is important to understand the factors that can impact its price. We consider PNM Resources very steady. PNM Resources maintains Sharpe Ratio (i.e., Efficiency) of 0.0066, which implies the firm had a 0.0066% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for PNM Resources, which you can use to evaluate the volatility of the company. Please check PNM Resources' semi deviation of 1.24, and Risk Adjusted Performance of 0.0225 to confirm if the risk estimate we provide is consistent with the expected return of 0.0088%.
At this time, PNM Resources' Stock Based Compensation is very stable compared to the past year. As of the 25th of April 2024, Issuance Of Capital Stock is likely to grow to about 208.1 M, while Total Stockholder Equity is likely to drop about 1.6 B. . As of the 25th of April 2024, Price Earnings Ratio is likely to grow to 43.60, while Price To Sales Ratio is likely to drop 0.93. PNM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of August 1984 | 200 Day MA 41.1219 | 50 Day MA 37.0874 | Beta 0.359 |
PNM |
Sharpe Ratio = 0.0066
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Estimated Market Risk
1.34 actual daily | 11 89% of assets are more volatile |
Expected Return
0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PNM Resources 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 PNM Resources by adding PNM Resources to a well-diversified portfolio.
Price Book 1.3912 | Enterprise Value Ebitda 12.9854 | Price Sales 1.6852 | Shares Float 89.1 M | Dividend Share 1.49 |
PNM Resources Stock Price History Chart
There are several ways to analyze PNM Stock price data. The simplest method is using a basic PNM candlestick price chart, which shows PNM Resources price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | February 21, 2024 | 38.02 |
Lowest Price | February 5, 2024 | 34.74 |
PNM Resources April 25, 2024 Stock Price Synopsis
Various analyses of PNM Resources' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell PNM Stock. It can be used to describe the percentage change in the price of PNM Resources from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of PNM Stock.PNM Resources Price Daily Balance Of Power | 0.44 | |
PNM Resources Price Rate Of Daily Change | 1.01 | |
PNM Resources Accumulation Distribution | 10,998 | |
PNM Resources Price Action Indicator | 0.53 |
PNM Resources April 25, 2024 Stock Price Analysis
PNM Stock Price History Data
The price series of PNM Resources for the period between Fri, Jan 26, 2024 and Thu, Apr 25, 2024 has a statistical range of 3.28 with a coefficient of variation of 1.83. The price distribution for the period has arithmetic mean of 36.87. The median price for the last 90 days is 36.95. The company completed stock split (3:2) on 14th of June 2004. PNM Resources had dividends distributed to its stock-holders on 2024-04-25.Open | High | Low | Close | Volume | ||
04/24/2024 | 36.09 | 36.66 | 35.89 | 36.63 | 523,603 | |
04/23/2024 | 36.65 | 37.16 | 36.26 | 36.29 | 454,272 | |
04/22/2024 | 36.62 | 36.85 | 36.43 | 36.69 | 334,070 | |
04/19/2024 | 35.99 | 36.69 | 35.91 | 36.61 | 835,771 | |
04/18/2024 | 35.97 | 36.25 | 35.78 | 36.12 | 455,716 | |
04/17/2024 | 36.07 | 36.10 | 35.57 | 35.89 | 573,803 | |
04/16/2024 | 35.80 | 36.04 | 35.52 | 35.97 | 763,078 | |
04/15/2024 | 36.39 | 36.68 | 35.98 | 36.16 | 506,080 | |
04/12/2024 | 36.94 | 37.22 | 36.00 | 36.23 | 716,062 | |
04/11/2024 | 37.00 | 37.02 | 36.45 | 36.91 | 586,872 | |
04/10/2024 | 36.61 | 36.89 | 36.38 | 36.82 | 793,149 | |
04/09/2024 | 37.52 | 37.77 | 37.05 | 37.24 | 710,508 | |
04/08/2024 | 37.34 | 37.55 | 37.07 | 37.45 | 459,755 | |
04/05/2024 | 36.92 | 37.37 | 36.56 | 37.20 | 618,324 | |
04/04/2024 | 37.52 | 37.57 | 36.91 | 37.18 | 534,130 | |
04/03/2024 | 37.24 | 37.37 | 36.74 | 37.17 | 457,805 | |
04/02/2024 | 37.34 | 37.83 | 37.27 | 37.31 | 514,459 | |
04/01/2024 | 37.71 | 37.71 | 37.14 | 37.37 | 329,334 | |
03/28/2024 | 37.45 | 37.73 | 37.43 | 37.64 | 600,222 | |
03/27/2024 | 37.14 | 37.53 | 37.02 | 37.45 | 396,035 | |
03/26/2024 | 37.00 | 37.00 | 36.60 | 36.91 | 570,870 | |
03/25/2024 | 37.28 | 37.36 | 36.74 | 36.85 | 317,424 | |
03/22/2024 | 37.38 | 37.52 | 37.15 | 37.17 | 706,216 | |
03/21/2024 | 37.28 | 37.42 | 36.95 | 37.19 | 535,777 | |
03/20/2024 | 36.62 | 37.14 | 36.61 | 37.07 | 549,091 | |
03/19/2024 | 37.01 | 37.25 | 36.63 | 36.80 | 406,055 | |
03/18/2024 | 36.54 | 37.16 | 36.13 | 36.95 | 1,368,155 | |
03/15/2024 | 36.49 | 36.98 | 36.49 | 36.70 | 1,500,737 | |
03/14/2024 | 36.71 | 36.92 | 36.26 | 36.63 | 756,850 | |
03/13/2024 | 37.39 | 37.82 | 36.66 | 36.92 | 860,330 | |
03/12/2024 | 37.61 | 37.61 | 37.18 | 37.40 | 485,987 | |
03/11/2024 | 37.69 | 38.11 | 37.66 | 37.71 | 517,268 | |
03/08/2024 | 37.84 | 37.96 | 37.29 | 37.69 | 806,001 | |
03/07/2024 | 37.74 | 37.91 | 37.26 | 37.74 | 1,451,291 | |
03/06/2024 | 37.62 | 37.93 | 37.02 | 37.17 | 646,507 | |
03/05/2024 | 37.99 | 38.22 | 37.21 | 37.39 | 723,157 | |
03/04/2024 | 36.67 | 38.14 | 36.63 | 37.88 | 1,062,902 | |
03/01/2024 | 36.51 | 37.34 | 35.95 | 36.80 | 2,504,069 | |
02/29/2024 | 37.81 | 38.09 | 36.29 | 36.51 | 3,029,151 | |
02/28/2024 | 38.05 | 38.15 | 37.48 | 37.61 | 1,233,791 | |
02/27/2024 | 37.30 | 38.05 | 37.02 | 38.02 | 1,047,582 | |
02/26/2024 | 37.53 | 37.60 | 36.73 | 37.04 | 926,624 | |
02/23/2024 | 37.58 | 38.01 | 37.38 | 37.74 | 893,278 | |
02/22/2024 | 37.64 | 37.77 | 37.09 | 37.58 | 772,265 | |
02/21/2024 | 37.68 | 38.02 | 37.55 | 38.02 | 866,328 | |
02/20/2024 | 37.46 | 37.73 | 37.35 | 37.60 | 901,289 | |
02/16/2024 | 37.53 | 37.65 | 37.09 | 37.46 | 2,132,128 | |
02/15/2024 | 37.00 | 37.65 | 36.89 | 37.60 | 1,525,682 | |
02/14/2024 | 36.62 | 36.96 | 36.35 | 36.83 | 1,028,202 | |
02/13/2024 | 37.03 | 37.40 | 36.07 | 36.28 | 1,478,964 | |
02/12/2024 | 37.00 | 37.62 | 37.00 | 37.41 | 1,142,986 | |
02/09/2024 | 37.15 | 37.27 | 36.81 | 36.99 | 909,466 | |
02/08/2024 | 37.00 | 37.34 | 36.53 | 37.08 | 1,729,835 | |
02/07/2024 | 36.07 | 37.30 | 35.90 | 36.96 | 3,467,014 | |
02/06/2024 | 34.73 | 36.40 | 34.73 | 36.20 | 2,447,408 | |
02/05/2024 | 35.26 | 35.26 | 34.63 | 34.74 | 1,261,808 | |
02/02/2024 | 35.94 | 35.99 | 35.24 | 35.64 | 1,046,334 | |
02/01/2024 | 35.80 | 36.33 | 35.60 | 36.31 | 804,523 | |
01/31/2024 | 36.73 | 36.93 | 35.84 | 35.84 | 884,544 | |
01/30/2024 | 37.05 | 37.23 | 36.16 | 36.16 | 1,282,247 | |
01/29/2024 | 36.89 | 37.25 | 36.48 | 36.80 | 976,768 |
About PNM Resources Stock history
PNM Resources 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 PNM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PNM Resources 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 PNM Resources stock prices may prove useful in developing a viable investing in PNM Resources
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 86.4 M | 78.4 M | |
Net Income Applicable To Common Shares | 195 M | 113.9 M |
PNM Resources Stock Technical Analysis
PNM Resources 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.
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PNM Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PNM Resources' price direction in advance. Along with the technical and fundamental analysis of PNM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PNM 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 | 0.0225 | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.16) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | 0.0246 |
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, which includes a position in PNM Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in PNM Stock, please use our How to Invest in PNM Resources guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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When running PNM Resources' price analysis, check to measure PNM Resources' 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 PNM Resources is operating at the current time. Most of PNM Resources' value examination focuses on studying past and present price action to predict the probability of PNM Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PNM Resources' price. Additionally, you may evaluate how the addition of PNM Resources to your portfolios can decrease your overall portfolio volatility.
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Is PNM Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PNM Resources. If investors know PNM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PNM Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.69) | Dividend Share 1.49 | Earnings Share 1.02 | Revenue Per Share 22.471 | Quarterly Revenue Growth (0.28) |
The market value of PNM Resources is measured differently than its book value, which is the value of PNM that is recorded on the company's balance sheet. Investors also form their own opinion of PNM Resources' value that differs from its market value or its book value, called intrinsic value, which is PNM Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PNM Resources' market value can be influenced by many factors that don't directly affect PNM Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PNM Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if PNM Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PNM Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.