Piotech (China) Price on November 1, 2024
| 688072 Stock | 199.31 3.71 1.90% |
If you're considering investing in Piotech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Piotech stands at 199.31, as last reported on the 1st of December, with the highest price reaching 204.95 and the lowest price hitting 193.80 during the day. Piotech is very steady given 3 months investment horizon. Piotech Inc A maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the firm had a 0.18% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.0% are justified by taking the suggested risk. Use Piotech Risk Adjusted Performance of 0.136, semi deviation of 3.52, and Coefficient Of Variation of 600.09 to evaluate company specific risk that cannot be diversified away.
As of December 1, 2024, Total Stockholder Equity is expected to decline to about 2.5 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 249.4 M. Piotech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Piotech |
Sharpe Ratio = 0.178
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 688072 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.6 actual daily | 49 51% of assets are more volatile |
Expected Return
| 1.0 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Piotech is performing at about 14% 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 Piotech by adding it to a well-diversified portfolio.
Price Book 11.6548 | Enterprise Value Ebitda 72.6731 | Price Sales 16.9108 | Shares Float 136.7 M | Dividend Share 0.237 |
Piotech Valuation on November 1, 2024
It is possible to determine the worth of Piotech on a given historical date. On November 1, 2024 Piotech was worth 160.08 at the beginning of the trading date compared to the closed value of 155.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Piotech stock. Still, in general, we apply an absolute valuation method to find Piotech'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 Piotech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Piotech's related companies.
| Open | High | Low | Close | Volume | |
| 151.50 | 163.62 | 150.19 | 161.00 | 6,472,344 | |
11/01/2024 | 160.08 | 164.58 | 154.92 | 155.11 | 4,939,843 |
| 154.14 | 170.26 | 153.60 | 167.90 | 7,466,480 |
| Backtest Piotech | | | Piotech History | | | Piotech Valuation | Previous | Next |
Piotech Trading Date Momentum on November 1, 2024
| On November 04 2024 Piotech Inc A was traded for 167.90 at the closing time. The highest price during the trading period was 170.26 and the lowest recorded bid was listed for 153.60 . The volume for the day was 7.5 M. This history from November 4, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 8.25% . The trading delta at closing time to the current price is 27.32% . |
Piotech Inc A Fundamentals Correlations and Trends
By evaluating Piotech'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 Piotech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Piotech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Piotech Stock history
Piotech 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 Piotech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Piotech Inc A 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 Piotech stock prices may prove useful in developing a viable investing in Piotech
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 277 M | 249.4 M |
Piotech Quarterly Net Working Capital |
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Piotech Stock Technical Analysis
Piotech 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
Piotech Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Piotech Inc A cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai 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.
Piotech December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Piotech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Piotech shares will generate the highest return on investment. By undertsting and applying Piotech stock market strength indicators, traders can identify Piotech Inc A entry and exit signals to maximize returns
Piotech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Piotech's price direction in advance. Along with the technical and fundamental analysis of Piotech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Piotech 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 | 0.136 | |||
| Jensen Alpha | 0.9135 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1783 | |||
| Treynor Ratio | (4.46) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Piotech Stock analysis
When running Piotech's price analysis, check to measure Piotech'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 Piotech is operating at the current time. Most of Piotech's value examination focuses on studying past and present price action to predict the probability of Piotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Piotech's price. Additionally, you may evaluate how the addition of Piotech to your portfolios can decrease your overall portfolio volatility.
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