Purecycle Technologies Holdings Stock Price on December 26, 2023
| PCTTU Stock | USD 15.88 1.88 13.43% |
If you're considering investing in Purecycle Stock, it is important to understand the factors that can impact its price. As of today, the current price of Purecycle Technologies stands at 15.88, as last reported on the 29th of November, with the highest price reaching 15.88 and the lowest price hitting 15.88 during the day. Purecycle Technologies is moderately volatile given 3 months investment horizon. Purecycle Technologies maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the firm had a 0.19% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.67% are justified by taking the suggested risk. Use Purecycle Technologies Risk Adjusted Performance of 0.1661, coefficient of variation of 488.21, and Semi Deviation of 3.35 to evaluate company specific risk that cannot be diversified away.
At this time, Purecycle Technologies' Common Stock Total Equity is comparatively stable compared to the past year. Common Stock is likely to gain to about 169.1 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 262 M in 2024. . Price Earnings Ratio is likely to drop to -6.85 in 2024. Price Book Value Ratio is likely to drop to 1.50 in 2024. Purecycle Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Purecycle |
Sharpe Ratio = 0.1868
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| Average Returns | PCTTU | |||
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Estimated Market Risk
| 8.96 actual daily | 79 79% of assets are less volatile |
Expected Return
| 1.67 actual daily | 33 67% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Purecycle Technologies is performing at about 14% 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 Purecycle Technologies by adding it to a well-diversified portfolio.
Book Value 2.558 | Enterprise Value 3 B | Shares Float 89.5 M | Shares Short Prior Month 60 | Earnings Share (0.62) |
Purecycle Technologies Valuation on December 26, 2023
It is possible to determine the worth of Purecycle Technologies on a given historical date. On December 26, 2023 Purecycle was worth 5.24 at the beginning of the trading date compared to the closed value of 4.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Purecycle Technologies stock. Still, in general, we apply an absolute valuation method to find Purecycle Technologies' 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 Purecycle Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Purecycle Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 5.10 | 5.10 | 4.80 | 4.80 | 900.00 | |
12/26/2023 | 5.24 | 5.24 | 4.76 | 4.76 | 500.00 |
| 4.70 | 4.70 | 4.70 | 4.70 | 100.00 |
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Purecycle Technologies Trading Date Momentum on December 26, 2023
| On December 27 2023 Purecycle Technologies Holdings was traded for 4.70 at the closing time. The highest daily price throughout the period was 4.70 and the lowest price was 4.70 . The daily volume was 100.0. The net trading volume on 12/27/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.26% . The trading delta at closing time to current closing price is 5.46% . |
Purecycle Technologies Fundamentals Correlations and Trends
By evaluating Purecycle Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Purecycle Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Purecycle financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Purecycle Technologies Stock history
Purecycle Technologies 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 Purecycle is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Purecycle Technologies 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 Purecycle Technologies stock prices may prove useful in developing a viable investing in Purecycle Technologies
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 164 M | 126.2 M | |
| Net Loss | -76.3 M | -80.1 M |
Purecycle Technologies Stock Technical Analysis
Purecycle Technologies 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
Purecycle Technologies Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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Purecycle Technologies November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Purecycle Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Purecycle Technologies shares will generate the highest return on investment. By undertsting and applying Purecycle Technologies stock market strength indicators, traders can identify Purecycle Technologies Holdings entry and exit signals to maximize returns
Purecycle Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Purecycle Technologies' price direction in advance. Along with the technical and fundamental analysis of Purecycle Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Purecycle 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 | 0.1661 | |||
| Jensen Alpha | 1.87 | |||
| Total Risk Alpha | 0.4681 | |||
| Sortino Ratio | 0.2823 | |||
| Treynor Ratio | (2.64) |
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Additional Tools for Purecycle Stock Analysis
When running Purecycle Technologies' price analysis, check to measure Purecycle Technologies' 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 Purecycle Technologies is operating at the current time. Most of Purecycle Technologies' value examination focuses on studying past and present price action to predict the probability of Purecycle Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Purecycle Technologies' price. Additionally, you may evaluate how the addition of Purecycle Technologies to your portfolios can decrease your overall portfolio volatility.