Plastic Omnium (Germany) Price on December 2, 2024
| EZM Stock | 8.63 0.01 0.12% |
If you're considering investing in Plastic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Plastic Omnium stands at 8.63, as last reported on the 2nd of December, with the highest price reaching 8.73 and the lowest price hitting 8.52 during the day. Currently, Plastic Omnium is somewhat reliable. Plastic Omnium maintains Sharpe Ratio (i.e., Efficiency) of 0.0165, which implies the firm had a 0.0165% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Plastic Omnium, which you can use to evaluate the volatility of the company. Please check Plastic Omnium's Risk Adjusted Performance of 0.0179, coefficient of variation of 7206.82, and Semi Deviation of 2.63 to confirm if the risk estimate we provide is consistent with the expected return of 0.047%.
Plastic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Plastic |
Sharpe Ratio = 0.0165
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Estimated Market Risk
| 2.85 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Plastic Omnium is performing at about 1% 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 Plastic Omnium by adding it to a well-diversified portfolio.
Plastic Omnium Valuation on December 2, 2024
It is possible to determine the worth of Plastic Omnium on a given historical date. On December 2, 2024 Plastic was worth 8.56 at the beginning of the trading date compared to the closed value of 8.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Plastic Omnium stock. Still, in general, we apply an absolute valuation method to find Plastic Omnium'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 Plastic Omnium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Plastic Omnium's related companies.
| Open | High | Low | Close | Volume | |
| 8.56 | 8.73 | 8.52 | 8.63 | 1.00 | |
12/02/2024 | 8.56 | 8.73 | 8.52 | 8.63 | 0.00 |
| Backtest Plastic Omnium | | | Plastic Omnium History | | | Plastic Omnium Valuation | Previous |
Plastic Omnium Trading Date Momentum on December 2, 2024
| On December 02 2024 Plastic Omnium was traded for 8.63 at the closing time. The highest price during the trading period was 8.73 and the lowest recorded bid was listed for 8.52 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not cause price change. The trading delta at closing time to the current price is 0.81% . |
Plastic Omnium Fundamentals Correlations and Trends
By evaluating Plastic Omnium'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 Plastic Omnium's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Plastic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Plastic Omnium Stock history
Plastic Omnium 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 Plastic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Plastic Omnium 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 Plastic Omnium stock prices may prove useful in developing a viable investing in Plastic Omnium
Plastic Omnium Stock Technical Analysis
Plastic Omnium 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
Plastic Omnium Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Plastic Omnium cannot be verified against its exchange. Please verify the symbol is currently traded on Stuttgart 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.
Plastic Omnium December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Plastic Omnium stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Plastic Omnium shares will generate the highest return on investment. By undertsting and applying Plastic Omnium stock market strength indicators, traders can identify Plastic Omnium entry and exit signals to maximize returns
Plastic Omnium Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Plastic Omnium's price direction in advance. Along with the technical and fundamental analysis of Plastic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Plastic 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 | 0.0179 | |||
| Jensen Alpha | 0.0268 | |||
| Total Risk Alpha | (0.44) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 1.46 |
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Additional Tools for Plastic Stock Analysis
When running Plastic Omnium's price analysis, check to measure Plastic Omnium'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 Plastic Omnium is operating at the current time. Most of Plastic Omnium's value examination focuses on studying past and present price action to predict the probability of Plastic Omnium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plastic Omnium's price. Additionally, you may evaluate how the addition of Plastic Omnium to your portfolios can decrease your overall portfolio volatility.