Polygiene (Sweden) Price on February 9, 2023
| POLYG Stock | SEK 12.60 0.20 1.56% |
If you're considering investing in Polygiene Stock, it is important to understand the factors that can impact its price. As of today, the current price of Polygiene stands at 12.60, as last reported on the 11th of December 2024, with the highest price reaching 12.80 and the lowest price hitting 12.15 during the day. Polygiene appears to be slightly risky, given 3 months investment horizon. Polygiene AB maintains Sharpe Ratio (i.e., Efficiency) of 0.0905, which implies the firm had a 0.0905% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Polygiene AB, which you can use to evaluate the volatility of the company. Please evaluate Polygiene's Risk Adjusted Performance of 0.0716, semi deviation of 2.93, and Coefficient Of Variation of 1142.79 to confirm if our risk estimates are consistent with your expectations.
Polygiene Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Polygiene |
Sharpe Ratio = 0.0905
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Estimated Market Risk
| 4.58 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Polygiene is performing at about 7% 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 Polygiene by adding it to a well-diversified portfolio.
Polygiene Valuation on February 9, 2023
It is possible to determine the worth of Polygiene on a given historical date. On February 9, 2023 Polygiene was worth 9.5 at the beginning of the trading date compared to the closed value of 9.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Polygiene stock. Still, in general, we apply an absolute valuation method to find Polygiene'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 Polygiene where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Polygiene's related companies.
| Open | High | Low | Close | Volume | |
| 9.56 | 9.70 | 9.30 | 9.47 | 29,675 | |
02/09/2023 | 9.50 | 9.80 | 8.89 | 9.33 | 59,736 |
| 9.00 | 9.41 | 9.00 | 9.28 | 28,602 |
| Backtest Polygiene | | | Polygiene History | | | Polygiene Valuation | Previous | Next |
Polygiene Trading Date Momentum on February 9, 2023
| On February 10 2023 Polygiene AB was traded for 9.28 at the closing time. The highest price during the trading period was 9.41 and the lowest recorded bid was listed for 9.00 . The volume for the day was 28.6 K. This history from February 10, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.54% . The trading delta at closing time to the current price is 20.15% . |
Polygiene AB Fundamentals Correlations and Trends
By evaluating Polygiene'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 Polygiene's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Polygiene financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Polygiene Stock history
Polygiene 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 Polygiene is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Polygiene 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 Polygiene stock prices may prove useful in developing a viable investing in Polygiene
Polygiene AB develops, manufactures, and sells odor control solutions for clothes, sports equipment, textiles, and other materials in the Middle East, Africa, the Asia Pacific, the Americas, Europe, and internationally. The company was founded in 2006 and is headquartered in Malm, Sweden. Polygiene operates under Textiles classification in Sweden and is traded on Stockholm Stock Exchange. It employs 33 people.
Polygiene Stock Technical Analysis
Polygiene 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
Polygiene Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Polygiene December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Polygiene stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Polygiene shares will generate the highest return on investment. By undertsting and applying Polygiene stock market strength indicators, traders can identify Polygiene AB entry and exit signals to maximize returns
Polygiene Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Polygiene's price direction in advance. Along with the technical and fundamental analysis of Polygiene Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Polygiene 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 | 0.0716 | |||
| Jensen Alpha | 0.3379 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0811 | |||
| Treynor Ratio | 0.9352 |
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Additional Tools for Polygiene Stock Analysis
When running Polygiene's price analysis, check to measure Polygiene'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 Polygiene is operating at the current time. Most of Polygiene's value examination focuses on studying past and present price action to predict the probability of Polygiene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Polygiene's price. Additionally, you may evaluate how the addition of Polygiene to your portfolios can decrease your overall portfolio volatility.