PLAYTECH (Germany) Price on August 26, 2024
| PL8 Stock | EUR 8.76 0.02 0.23% |
If you're considering investing in PLAYTECH Stock, it is important to understand the factors that can impact its price. As of today, the current price of PLAYTECH stands at 8.76, as last reported on the 1st of December, with the highest price reaching 8.76 and the lowest price hitting 8.76 during the day. PLAYTECH appears to be somewhat reliable, given 3 months investment horizon. PLAYTECH retains Efficiency (Sharpe Ratio) of 0.0719, which implies the firm had a 0.0719% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for PLAYTECH, which you can use to evaluate the volatility of the company. Please evaluate PLAYTECH's market risk adjusted performance of 0.3782, and Semi Deviation of 1.99 to confirm if our risk estimates are consistent with your expectations.
PLAYTECH Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PLAYTECH |
Sharpe Ratio = 0.0719
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Estimated Market Risk
| 3.44 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average PLAYTECH is performing at about 5% 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 PLAYTECH by adding it to a well-diversified portfolio.
PLAYTECH Valuation on August 26, 2024
It is possible to determine the worth of PLAYTECH on a given historical date. On August 26, 2024 PLAYTECH was worth 7.66 at the beginning of the trading date compared to the closed value of 7.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PLAYTECH stock. Still, in general, we apply an absolute valuation method to find PLAYTECH'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 PLAYTECH where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PLAYTECH's related companies.
| Open | High | Low | Close | Volume | |
| 7.59 | 7.59 | 7.59 | 7.59 | 6,000 | |
08/26/2024 | 7.66 | 7.66 | 7.66 | 7.66 | 6,000 |
| 7.65 | 7.65 | 7.65 | 7.65 | 6,000 |
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PLAYTECH Trading Date Momentum on August 26, 2024
| On August 27 2024 PLAYTECH was traded for 7.65 at the closing time. The maximum traded price for the trading interval was 7.65 and the lowest daily price was 7.65 . The daily volume was recorded at 6 K. The volume of trading on 27th of August 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.13% . The trading delta at closing time to the closing price today is 2.74% . |
PLAYTECH Fundamentals Correlations and Trends
By evaluating PLAYTECH'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 PLAYTECH's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PLAYTECH financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PLAYTECH Stock history
PLAYTECH 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 PLAYTECH is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PLAYTECH 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 PLAYTECH stock prices may prove useful in developing a viable investing in PLAYTECH
PLAYTECH Stock Technical Analysis
PLAYTECH 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
PLAYTECH Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
PLAYTECH cannot be verified against its exchange. Please verify the symbol is currently traded on Berlin 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.
PLAYTECH December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how PLAYTECH stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PLAYTECH shares will generate the highest return on investment. By undertsting and applying PLAYTECH stock market strength indicators, traders can identify PLAYTECH entry and exit signals to maximize returns
PLAYTECH Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PLAYTECH's price direction in advance. Along with the technical and fundamental analysis of PLAYTECH Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PLAYTECH 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 | 0.0654 | |||
| Jensen Alpha | 0.163 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0531 | |||
| Treynor Ratio | 0.3682 |
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for PLAYTECH Stock analysis
When running PLAYTECH's price analysis, check to measure PLAYTECH'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 PLAYTECH is operating at the current time. Most of PLAYTECH's value examination focuses on studying past and present price action to predict the probability of PLAYTECH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PLAYTECH's price. Additionally, you may evaluate how the addition of PLAYTECH to your portfolios can decrease your overall portfolio volatility.
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