Petrolimex Petrochemical (Vietnam) Price on January 10, 2024
| PLC Stock | 21,900 300.00 1.39% |
If you're considering investing in Petrolimex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Petrolimex Petrochemical stands at 21,900, as last reported on the 15th of December 2024, with the highest price reaching 22,400 and the lowest price hitting 21,700 during the day. Petrolimex Petrochemical maintains Sharpe Ratio (i.e., Efficiency) of -0.086, which implies the firm had a -0.086% return per unit of risk over the last 3 months. Petrolimex Petrochemical exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Petrolimex Petrochemical's Variance of 3.07, risk adjusted performance of (0.07), and Coefficient Of Variation of (977.08) to confirm the risk estimate we provide.
Petrolimex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Petrolimex |
Sharpe Ratio = -0.086
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| Negative Returns | PLC |
Estimated Market Risk
| 1.76 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Petrolimex Petrochemical is not performing at its full potential. However, 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 Petrolimex Petrochemical by adding Petrolimex Petrochemical to a well-diversified portfolio.
Petrolimex Petrochemical Valuation on January 10, 2024
It is possible to determine the worth of Petrolimex Petrochemical on a given historical date. On January 10, 2024 Petrolimex was worth 30376.77 at the beginning of the trading date compared to the closed value of 30665.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Petrolimex Petrochemical stock. Still, in general, we apply an absolute valuation method to find Petrolimex Petrochemical'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 Petrolimex Petrochemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Petrolimex Petrochemical's related companies.
| Open | High | Low | Close | Volume | |
| 31,146 | 31,338 | 30,665 | 30,665 | 91,271 | |
01/10/2024 | 30,377 | 30,665 | 29,800 | 30,665 | 88,505 |
| 30,473 | 30,761 | 30,185 | 30,281 | 87,535 |
| Backtest Petrolimex Petrochemical | | | Petrolimex Petrochemical History | | | Petrolimex Petrochemical Valuation | Previous | Next |
Petrolimex Petrochemical Trading Date Momentum on January 10, 2024
| On January 11 2024 Petrolimex Petrochemical JSC was traded for 30,281 at the closing time. The maximum traded price for the trading interval was 30,761 and the lowest daily price was 30,185 . The daily volume was recorded at 87.5 K. The volume of trading on 11th of January 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.25% . The trading delta at closing time to the closing price today is 2.19% . |
About Petrolimex Petrochemical Stock history
Petrolimex Petrochemical 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 Petrolimex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Petrolimex Petrochemical 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 Petrolimex Petrochemical stock prices may prove useful in developing a viable investing in Petrolimex Petrochemical
Petrolimex Petrochemical Stock Technical Analysis
Petrolimex Petrochemical 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
Petrolimex Petrochemical Period Price Range
Low | December 15, 2024
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0.00 | 0.00 |
Petrolimex Petrochemical JSC cannot be verified against its exchange. Please verify the symbol is currently traded on Vietnam Stocks. 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.
Petrolimex Petrochemical December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Petrolimex Petrochemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Petrolimex Petrochemical shares will generate the highest return on investment. By undertsting and applying Petrolimex Petrochemical stock market strength indicators, traders can identify Petrolimex Petrochemical JSC entry and exit signals to maximize returns
Petrolimex Petrochemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Petrolimex Petrochemical's price direction in advance. Along with the technical and fundamental analysis of Petrolimex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Petrolimex 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 | (0.07) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.72) |
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Other Information on Investing in Petrolimex Stock
Petrolimex Petrochemical financial ratios help investors to determine whether Petrolimex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Petrolimex with respect to the benefits of owning Petrolimex Petrochemical security.