Pontex Polyblend (Taiwan) Price on October 4, 2024
| 8935 Stock | TWD 21.85 0.75 3.32% |
If you're considering investing in Pontex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pontex Polyblend stands at 21.85, as last reported on the 27th of November, with the highest price reaching 22.65 and the lowest price hitting 21.65 during the day. Pontex Polyblend appears to be not too volatile, given 3 months investment horizon. Pontex Polyblend CoLtd maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pontex Polyblend CoLtd, which you can use to evaluate the volatility of the company. Please evaluate Pontex Polyblend's Risk Adjusted Performance of 0.1223, coefficient of variation of 665.21, and Semi Deviation of 1.87 to confirm if our risk estimates are consistent with your expectations.
Pontex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Pontex |
Sharpe Ratio = 0.1518
| Best Portfolio | Best Equity | |||
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| Small Returns | 8935 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.03 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.46 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Pontex Polyblend is performing at about 11% 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 Pontex Polyblend by adding it to a well-diversified portfolio.
Pontex Polyblend Valuation on October 4, 2024
It is possible to determine the worth of Pontex Polyblend on a given historical date. On October 4, 2024 Pontex was worth 18.6 at the beginning of the trading date compared to the closed value of 18.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pontex Polyblend stock. Still, in general, we apply an absolute valuation method to find Pontex Polyblend'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 Pontex Polyblend where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pontex Polyblend's related companies.
| Open | High | Low | Close | Volume | |
| 18.70 | 18.70 | 18.70 | 18.70 | 1.00 | |
10/04/2024 | 18.60 | 19.00 | 18.35 | 18.75 | 246,454 |
| 18.95 | 18.95 | 18.60 | 18.75 | 204,000 |
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Pontex Polyblend Trading Date Momentum on October 4, 2024
| On October 07 2024 Pontex Polyblend CoLtd was traded for 18.75 at the closing time. The highest price during the trading period was 18.95 and the lowest recorded bid was listed for 18.60 . The volume for the day was 204 K. This history from October 7, 2024 did not cause price change. The trading delta at closing time to the current price is 9.87% . |
Pontex Polyblend CoLtd Fundamentals Correlations and Trends
By evaluating Pontex Polyblend'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 Pontex Polyblend's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pontex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pontex Polyblend Stock history
Pontex Polyblend 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 Pontex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pontex Polyblend CoLtd 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 Pontex Polyblend stock prices may prove useful in developing a viable investing in Pontex Polyblend
Pontex Polyblend Co., Ltd. engages in footwear injection molding and engineering plastics compound materials businesses in Taiwan. The company was founded in 1982 and is headquartered in Taichung City, Taiwan. PONTEX POLYBLEND operates under Rubber Plastics classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 264 people.
Pontex Polyblend Stock Technical Analysis
Pontex Polyblend 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
Pontex Polyblend Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Pontex Polyblend CoLtd cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC 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.
Pontex Polyblend November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Pontex Polyblend stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pontex Polyblend shares will generate the highest return on investment. By undertsting and applying Pontex Polyblend stock market strength indicators, traders can identify Pontex Polyblend CoLtd entry and exit signals to maximize returns
Pontex Polyblend Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pontex Polyblend's price direction in advance. Along with the technical and fundamental analysis of Pontex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pontex 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 | 0.1223 | |||
| Jensen Alpha | 0.4336 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.1221 | |||
| Treynor Ratio | (8.88) |
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Additional Tools for Pontex Stock Analysis
When running Pontex Polyblend's price analysis, check to measure Pontex Polyblend'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 Pontex Polyblend is operating at the current time. Most of Pontex Polyblend's value examination focuses on studying past and present price action to predict the probability of Pontex Polyblend's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pontex Polyblend's price. Additionally, you may evaluate how the addition of Pontex Polyblend to your portfolios can decrease your overall portfolio volatility.