PolyPlank Publ (Sweden) Price on December 16, 2024
| POLY Stock | SEK 0.02 0.0005 2.33% |
If you're considering investing in PolyPlank Stock, it is important to understand the factors that can impact its price. As of today, the current price of PolyPlank Publ stands at 0.02, as last reported on the 22nd of December, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. PolyPlank publ AB maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the firm had a -0.13% return per unit of risk over the last 3 months. PolyPlank publ AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PolyPlank Publ's Coefficient Of Variation of (769.97), variance of 21.8, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
PolyPlank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PolyPlank |
Sharpe Ratio = -0.1346
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| Negative Returns | POLY |
Estimated Market Risk
| 4.66 actual daily | 41 59% of assets are more volatile |
Expected Return
| -0.63 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PolyPlank Publ 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 PolyPlank Publ by adding PolyPlank Publ to a well-diversified portfolio.
PolyPlank Publ Valuation on December 16, 2024
It is possible to determine the worth of PolyPlank Publ on a given historical date. On December 16, 2024 PolyPlank was worth 0.0195 at the beginning of the trading date compared to the closed value of 0.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PolyPlank Publ stock. Still, in general, we apply an absolute valuation method to find PolyPlank Publ'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 PolyPlank Publ where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PolyPlank Publ's related companies.
| Open | High | Low | Close | Volume | |
| 0.02 | 0.02 | 0.02 | 0.02 | 287,596 | |
12/16/2024 | 0.02 | 0.02 | 0.02 | 0.02 | 531,394 |
| 0.02 | 0.02 | 0.02 | 0.02 | 1,452,323 |
| Backtest PolyPlank Publ | | | PolyPlank Publ History | | | PolyPlank Publ Valuation | Previous | Next |
PolyPlank Publ Trading Date Momentum on December 16, 2024
| On December 17 2024 PolyPlank publ AB was traded for 0.02 at the closing time. The highest price during the trading period was 0.02 and the lowest recorded bid was listed for 0.02 . The volume for the day was 1.5 M. This history from December 17, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 5.00% . The trading delta at closing time to the current price is 10.00% . |
PolyPlank publ AB Fundamentals Correlations and Trends
By evaluating PolyPlank Publ'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 PolyPlank Publ's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PolyPlank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PolyPlank Publ Stock history
PolyPlank Publ 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 PolyPlank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PolyPlank publ AB 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 PolyPlank Publ stock prices may prove useful in developing a viable investing in PolyPlank Publ
Polyplank AB manufactures and sells wood products made of recycled thermoplastics and organic fibers primarily in Sweden. The company was founded in 1994 and is based in Frjestaden, Sweden. Polyplank operates under Building And Construction Materials classification in Sweden and is traded on Stockholm Stock Exchange.
PolyPlank Publ Stock Technical Analysis
PolyPlank Publ 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
PolyPlank Publ Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
PolyPlank publ AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
PolyPlank Publ December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how PolyPlank Publ stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PolyPlank Publ shares will generate the highest return on investment. By undertsting and applying PolyPlank Publ stock market strength indicators, traders can identify PolyPlank publ AB entry and exit signals to maximize returns
PolyPlank Publ Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PolyPlank Publ's price direction in advance. Along with the technical and fundamental analysis of PolyPlank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PolyPlank 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 | (0.09) | |||
| Jensen Alpha | (0.64) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | (0.50) |
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Additional Tools for PolyPlank Stock Analysis
When running PolyPlank Publ's price analysis, check to measure PolyPlank Publ'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 PolyPlank Publ is operating at the current time. Most of PolyPlank Publ's value examination focuses on studying past and present price action to predict the probability of PolyPlank Publ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PolyPlank Publ's price. Additionally, you may evaluate how the addition of PolyPlank Publ to your portfolios can decrease your overall portfolio volatility.