Parx Plastics (France) Price on October 30, 2023
| MLPRX Stock | EUR 0.30 0.00 0.00% |
If you're considering investing in Parx Stock, it is important to understand the factors that can impact its price. As of today, the current price of Parx Plastics stands at 0.30, as last reported on the 29th of December, with the highest price reaching 0.30 and the lowest price hitting 0.30 during the day. Parx Plastics is out of control given 3 months investment horizon. Parx Plastics NV maintains Sharpe Ratio (i.e., Efficiency) of 0.34, which implies the firm had a 0.34% return per unit of risk over the last 3 months. We were able to interpolate data for seventeen different technical indicators, which can help you to evaluate if expected returns of 1.53% are justified by taking the suggested risk. Use Parx Plastics Variance of 24.58, coefficient of variation of 276.86, and Risk Adjusted Performance of 0.2963 to evaluate company specific risk that cannot be diversified away.
Parx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Parx |
Sharpe Ratio = 0.3432
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Estimated Market Risk
| 4.47 actual daily | 39 61% of assets are more volatile |
Expected Return
| 1.53 actual daily | 30 70% of assets have higher returns |
Risk-Adjusted Return
| 0.34 actual daily | 27 73% of assets perform better |
Based on monthly moving average Parx Plastics is performing at about 27% 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 Parx Plastics by adding it to a well-diversified portfolio.
Parx Plastics Valuation on October 30, 2023
It is possible to determine the worth of Parx Plastics on a given historical date. On October 30, 2023 Parx was worth 0.64 at the beginning of the trading date compared to the closed value of 0.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Parx Plastics stock. Still, in general, we apply an absolute valuation method to find Parx Plastics' 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 Parx Plastics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Parx Plastics' related companies.
| Open | High | Low | Close | Volume | |
| 0.65 | 0.65 | 0.65 | 0.65 | 71,527 | |
10/30/2023 | 0.64 | 0.64 | 0.63 | 0.63 | 32,670 |
| 0.60 | 0.65 | 0.60 | 0.65 | 129,437 |
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Parx Plastics Trading Date Momentum on October 30, 2023
| On October 31 2023 Parx Plastics NV was traded for 0.65 at the closing time. The highest price during the trading period was 0.65 and the lowest recorded bid was listed for 0.60 . The volume for the day was 129.4 K. This history from October 31, 2023 contributed to the next trading day price gain. The trading delta at closing time to the next closing price was 3.17% . The trading delta at closing time to the current price is 0.00% . |
Parx Plastics NV Fundamentals Correlations and Trends
By evaluating Parx Plastics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Parx Plastics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Parx financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Parx Plastics Stock history
Parx Plastics 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 Parx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Parx Plastics NV 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 Parx Plastics stock prices may prove useful in developing a viable investing in Parx Plastics
Parx Materials N.V. develops, manufactures, and markets antibacterialantimicrobial plastics worldwide. Parx Materials N.V. was founded in 2012 and is headquartered in Rotterdam, the Netherlands. PARX MATERIALS is traded on Paris Stock Exchange in France.
Parx Plastics Stock Technical Analysis
Parx Plastics 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
Parx Plastics Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Parx Plastics NV cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
Parx Plastics December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Parx Plastics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Parx Plastics shares will generate the highest return on investment. By undertsting and applying Parx Plastics stock market strength indicators, traders can identify Parx Plastics NV entry and exit signals to maximize returns
Parx Plastics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Parx Plastics' price direction in advance. Along with the technical and fundamental analysis of Parx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Parx 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 | 0.2963 | |||
| Jensen Alpha | 1.79 | |||
| Total Risk Alpha | 1.64 | |||
| Treynor Ratio | (2.93) |
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Additional Tools for Parx Stock Analysis
When running Parx Plastics' price analysis, check to measure Parx Plastics' 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 Parx Plastics is operating at the current time. Most of Parx Plastics' value examination focuses on studying past and present price action to predict the probability of Parx Plastics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parx Plastics' price. Additionally, you may evaluate how the addition of Parx Plastics to your portfolios can decrease your overall portfolio volatility.