Palladyne Ai Corp Stock Price on December 5, 2024
| PDYN Stock | 3.96 0.11 2.70% |
If you're considering investing in Palladyne Stock, it is important to understand the factors that can impact its price. As of today, the current price of Palladyne stands at 3.96, as last reported on the 12th of December 2024, with the highest price reaching 4.21 and the lowest price hitting 3.63 during the day. Palladyne is abnormally volatile given 3 months investment horizon. Palladyne AI Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12% return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.51% are justified by taking the suggested risk. Use Palladyne Coefficient Of Variation of 737.08, semi deviation of 6.17, and Risk Adjusted Performance of 0.1076 to evaluate company specific risk that cannot be diversified away.
At this time, Palladyne's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 12th of December 2024, Stock Based Compensation is likely to grow to about 21.1 M, while Total Stockholder Equity is likely to drop about 38.9 M. . As of the 12th of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.01, while Price To Sales Ratio is likely to drop 2.67. Palladyne Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Palladyne |
Sharpe Ratio = 0.1229
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Estimated Market Risk
| 20.41 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.51 actual daily | 50 50% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Palladyne is performing at about 9% 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 Palladyne by adding it to a well-diversified portfolio.
Price Book 5.0914 | Enterprise Value Ebitda 0.4292 | Price Sales 13.6639 | Shares Float 16.1 M | Wall Street Target Price 1 |
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Palladyne Valuation on December 5, 2024
It is possible to determine the worth of Palladyne on a given historical date. On December 5, 2024 Palladyne was worth 5.23 at the beginning of the trading date compared to the closed value of 4.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Palladyne stock. Still, in general, we apply an absolute valuation method to find Palladyne'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 Palladyne where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Palladyne's related companies.
| Open | High | Low | Close | Volume | |
| 5.44 | 5.55 | 4.66 | 4.87 | 3,051,348 | |
12/05/2024 | 5.23 | 5.23 | 4.64 | 4.68 | 2,607,563 |
| 4.75 | 4.82 | 4.11 | 4.46 | 3,831,710 |
| Backtest Palladyne | | | Palladyne History | | | Palladyne Valuation | Previous | Next |
Palladyne Trading Date Momentum on December 5, 2024
| On December 06 2024 Palladyne AI Corp was traded for 4.46 at the closing time. The top price for the day was 4.82 and the lowest listed price was 4.11 . The trading volume for the day was 3.8 M. The trading history from December 6, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 4.70% . The trading delta at closing time against the current closing price is 10.26% . |
Palladyne AI Corp Fundamentals Correlations and Trends
By evaluating Palladyne'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 Palladyne's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Palladyne financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Palladyne Stock history
Palladyne 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 Palladyne is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Palladyne AI Corp 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 Palladyne stock prices may prove useful in developing a viable investing in Palladyne
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 25.6 M | 19.2 M | |
| Net Loss | -141.4 M | -134.3 M |
Palladyne Quarterly Net Working Capital |
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Palladyne Stock Technical Analysis
Palladyne 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
Palladyne Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Palladyne AI Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Palladyne December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Palladyne stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Palladyne shares will generate the highest return on investment. By undertsting and applying Palladyne stock market strength indicators, traders can identify Palladyne AI Corp entry and exit signals to maximize returns
Palladyne Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Palladyne's price direction in advance. Along with the technical and fundamental analysis of Palladyne Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Palladyne 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 | 0.1076 | |||
| Jensen Alpha | 1.99 | |||
| Total Risk Alpha | (0.47) | |||
| Sortino Ratio | 0.3563 | |||
| Treynor Ratio | 0.4218 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palladyne AI Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Palladyne. If investors know Palladyne will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Palladyne listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.18) | Revenue Per Share 0.337 | Quarterly Revenue Growth 1.125 | Return On Assets (0.36) | Return On Equity (1.21) |
The market value of Palladyne AI Corp is measured differently than its book value, which is the value of Palladyne that is recorded on the company's balance sheet. Investors also form their own opinion of Palladyne's value that differs from its market value or its book value, called intrinsic value, which is Palladyne's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Palladyne's market value can be influenced by many factors that don't directly affect Palladyne's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Palladyne's value and its price as these two are different measures arrived at by different means. Investors typically determine if Palladyne is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palladyne's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.