Playtech Plc (Germany) Price on August 15, 2024
| PL8 Stock | 8.68 0.06 0.70% |
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 Plc stands at 8.68, as last reported on the 29th of November, with the highest price reaching 8.68 and the lowest price hitting 8.68 during the day. Playtech Plc appears to be somewhat reliable, given 3 months investment horizon. Playtech plc maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Playtech plc, which you can use to evaluate the volatility of the company. Please evaluate Playtech Plc's Coefficient Of Variation of 710.27, semi deviation of 1.07, and Risk Adjusted Performance of 0.1125 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 = 0.1603
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | PL8 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Playtech Plc is performing at about 12% 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 Plc by adding it to a well-diversified portfolio.
Playtech Plc Valuation on August 15, 2024
It is possible to determine the worth of Playtech Plc on a given historical date. On August 15, 2024 Playtech was worth 7.05 at the beginning of the trading date compared to the closed value of 7.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Playtech Plc stock. Still, in general, we apply an absolute valuation method to find Playtech Plc'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 Plc where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Playtech Plc's related companies.
| Open | High | Low | Close | Volume | |
| 6.24 | 6.24 | 6.24 | 6.24 | 1.00 | |
08/15/2024 | 7.05 | 7.05 | 7.05 | 7.05 | 1.00 |
| 7.27 | 7.44 | 7.27 | 7.41 | 1.00 |
| Backtest Playtech Plc | | | Playtech Plc History | | | Playtech Plc Valuation | Previous | Next |
Playtech Plc Trading Date Momentum on August 15, 2024
| On August 16 2024 Playtech plc was traded for 7.41 at the closing time. The highest price during the trading period was 7.44 and the lowest recorded bid was listed for 7.27 . There was no trading activity during the period 1.0. Lack of trading volume on August 16, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 5.11% . The trading delta at closing time to the current price is 8.09% . |
Playtech plc Fundamentals Correlations and Trends
By evaluating Playtech Plc'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 Plc'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 Plc Stock history
Playtech Plc 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 plc 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 Plc stock prices may prove useful in developing a viable investing in Playtech Plc
Playtech Plc Stock Technical Analysis
Playtech Plc 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 Plc Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Playtech plc 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.
Playtech Plc November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Playtech Plc 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 Plc shares will generate the highest return on investment. By undertsting and applying Playtech Plc stock market strength indicators, traders can identify Playtech plc entry and exit signals to maximize returns
Playtech Plc Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Playtech Plc'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 | 0.1125 | |||
| Jensen Alpha | 0.1941 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0601 | |||
| Treynor Ratio | (8.51) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Playtech Stock Analysis
When running Playtech Plc's price analysis, check to measure Playtech Plc'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 Plc is operating at the current time. Most of Playtech Plc's value examination focuses on studying past and present price action to predict the probability of Playtech Plc'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 Plc's price. Additionally, you may evaluate how the addition of Playtech Plc to your portfolios can decrease your overall portfolio volatility.