Polyram Plastic (Israel) Price on August 5, 2024
| POLP Stock | ILA 1,324 21.00 1.56% |
If you're considering investing in Polyram Stock, it is important to understand the factors that can impact its price. As of today, the current price of Polyram Plastic stands at 1,324, as last reported on the 29th of November, with the highest price reaching 1,376 and the lowest price hitting 1,319 during the day. Polyram Plastic appears to be very steady, given 3 months investment horizon. Polyram Plastic Indu maintains Sharpe Ratio (i.e., Efficiency) of 0.25, which implies the firm had a 0.25% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Polyram Plastic Indu, which you can use to evaluate the volatility of the company. Please evaluate Polyram Plastic's Coefficient Of Variation of 486.79, risk adjusted performance of 0.163, and Semi Deviation of 0.9318 to confirm if our risk estimates are consistent with your expectations.
Polyram Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Polyram |
Sharpe Ratio = 0.25
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Estimated Market Risk
| 1.76 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Polyram Plastic is performing at about 19% 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 Polyram Plastic by adding it to a well-diversified portfolio.
Polyram Plastic Valuation on August 5, 2024
It is possible to determine the worth of Polyram Plastic on a given historical date. On August 5, 2024 Polyram was worth 999.25 at the beginning of the trading date compared to the closed value of 992.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Polyram Plastic stock. Still, in general, we apply an absolute valuation method to find Polyram Plastic'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 Polyram Plastic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Polyram Plastic's related companies.
| Open | High | Low | Close | Volume | |
| 1,026 | 1,026 | 999.25 | 999.25 | 304,604 | |
08/05/2024 | 999.25 | 1,001 | 992.36 | 992.36 | 22,442 |
| 1,009 | 1,010 | 991.37 | 1,006 | 8,139 |
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Polyram Plastic Trading Date Momentum on August 5, 2024
| On August 06 2024 Polyram Plastic Industries was traded for 1,006 at the closing time. The highest price during the trading period was 1,010 and the lowest recorded bid was listed for 991.37 . The volume for the day was 8.1 K. This history from August 6, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 1.39% . The trading delta at closing time to the current price is 14.09% . |
Polyram Plastic Indu Fundamentals Correlations and Trends
By evaluating Polyram Plastic'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 Polyram Plastic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Polyram financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Polyram Plastic Stock history
Polyram Plastic 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 Polyram is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Polyram Plastic Indu 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 Polyram Plastic stock prices may prove useful in developing a viable investing in Polyram Plastic
Polyram Plastic Industries LTD engages in the manufacture and supply of thermoplastic compounds in Israel and internationally. Polyram Plastic Industries LTD was founded in 1986 and is headquartered in Gilboa, Israel. POLYRAM PLASTIC operates under Specialty Chemicals classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 341 people.
Polyram Plastic Stock Technical Analysis
Polyram Plastic 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
Polyram Plastic Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Polyram Plastic Industries cannot be verified against its exchange. Please verify the symbol is currently traded on Tel Aviv Stock 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.
Polyram Plastic November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Polyram Plastic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Polyram Plastic shares will generate the highest return on investment. By undertsting and applying Polyram Plastic stock market strength indicators, traders can identify Polyram Plastic Industries entry and exit signals to maximize returns
Polyram Plastic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Polyram Plastic's price direction in advance. Along with the technical and fundamental analysis of Polyram Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Polyram 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 | 0.163 | |||
| Jensen Alpha | 0.3418 | |||
| Total Risk Alpha | 0.0851 | |||
| Sortino Ratio | 0.1856 | |||
| Treynor Ratio | 9.77 |
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Complementary Tools for Polyram Stock analysis
When running Polyram Plastic's price analysis, check to measure Polyram Plastic'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 Polyram Plastic is operating at the current time. Most of Polyram Plastic's value examination focuses on studying past and present price action to predict the probability of Polyram Plastic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Polyram Plastic's price. Additionally, you may evaluate how the addition of Polyram Plastic to your portfolios can decrease your overall portfolio volatility.
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