PLASTIC INDUSTRY (Mauritius) Price on November 25, 2024
| PIM Stock | 44.25 0.25 0.57% |
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 INDUSTRY stands at 44.25, as last reported on the 13th of December 2024, with the highest price reaching 44.25 and the lowest price hitting 44.25 during the day. PLASTIC INDUSTRY appears to be very steady, given 3 months investment horizon. PLASTIC INDUSTRY LTD retains Efficiency (Sharpe Ratio) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for PLASTIC INDUSTRY, which you can use to evaluate the volatility of the company. Please evaluate PLASTIC INDUSTRY's coefficient of variation of 598.36, and Market Risk Adjusted Performance of (1.08) to confirm if our risk estimates are consistent with your expectations.
PLASTIC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PLASTIC |
Sharpe Ratio = 0.1441
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Estimated Market Risk
| 2.13 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average PLASTIC INDUSTRY is performing at about 11% 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 INDUSTRY by adding it to a well-diversified portfolio.
PLASTIC INDUSTRY Valuation on November 25, 2024
It is possible to determine the worth of PLASTIC INDUSTRY on a given historical date. On November 25, 2024 PLASTIC was worth 43.5 at the beginning of the trading date compared to the closed value of 42.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PLASTIC INDUSTRY stock. Still, in general, we apply an absolute valuation method to find PLASTIC INDUSTRY'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 INDUSTRY where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PLASTIC INDUSTRY's related companies.
| Open | High | Low | Close | Volume | |
| 43.50 | 43.50 | 43.50 | 43.50 | 1.00 | |
11/25/2024 | 43.50 | 43.50 | 42.50 | 42.50 | 200.00 |
| 42.50 | 42.75 | 42.50 | 42.75 | 600.00 |
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PLASTIC INDUSTRY Trading Date Momentum on November 25, 2024
| On November 26 2024 PLASTIC INDUSTRY LTD was traded for 42.75 at the closing time. The highest price during the trading period was 42.75 and the lowest recorded bid was listed for 42.50 . The volume for the day was 600. This history from November 26, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 0.59% . The trading delta at closing time to the current price is 2.94% . |
Price Boundaries
PLASTIC INDUSTRY Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
PLASTIC INDUSTRY LTD cannot be verified against its exchange. Please verify the symbol is currently traded on Stock Exchange of Mauritius. 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 INDUSTRY December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how PLASTIC INDUSTRY 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 INDUSTRY shares will generate the highest return on investment. By undertsting and applying PLASTIC INDUSTRY stock market strength indicators, traders can identify PLASTIC INDUSTRY LTD entry and exit signals to maximize returns
PLASTIC INDUSTRY Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PLASTIC INDUSTRY'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.