Plastic Additives (Vietnam) Price on October 10, 2024
| PGN Stock | 9,800 1,000.00 9.26% |
If you're considering investing in Plastic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Plastic Additives stands at 9,800, as last reported on the 1st of December, with the highest price reaching 10,700 and the lowest price hitting 9,800 during the day. Plastic Additives appears to be very steady, given 3 months investment horizon. Plastic Additives JSC maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. By analyzing Plastic Additives' technical indicators, you can evaluate if the expected return of 0.83% is justified by implied risk. Please evaluate Plastic Additives' Risk Adjusted Performance of 0.1367, semi deviation of 3.97, and Coefficient Of Variation of 596.18 to confirm if our risk estimates are consistent with your expectations.
Plastic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Plastic |
Sharpe Ratio = 0.1643
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Estimated Market Risk
| 5.04 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.83 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Plastic Additives is performing at about 12% 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 Plastic Additives by adding it to a well-diversified portfolio.
Plastic Additives Valuation on October 10, 2024
It is possible to determine the worth of Plastic Additives on a given historical date. On October 10, 2024 Plastic was worth 7200.0 at the beginning of the trading date compared to the closed value of 7100.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Plastic Additives stock. Still, in general, we apply an absolute valuation method to find Plastic Additives' 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 Plastic Additives where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Plastic Additives' related companies.
| Open | High | Low | Close | Volume | |
| 7,100 | 7,200 | 6,900 | 6,900 | 3,624 | |
10/10/2024 | 7,200 | 7,500 | 6,600 | 7,100 | 24,645 |
| 6,800 | 7,100 | 6,700 | 6,700 | 741.00 |
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Plastic Additives Trading Date Momentum on October 10, 2024
| On October 11 2024 Plastic Additives JSC was traded for 6,700 at the closing time. The maximum traded price for the trading interval was 7,100 and the lowest daily price was 6,700 . The daily volume was recorded at 741. The volume of trading on 11th of October 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 5.63% . The trading delta at closing time to the closing price today is 19.72% . |
Price Boundaries
Plastic Additives Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Plastic Additives JSC cannot be verified against its exchange. Please verify the symbol is currently traded on Vietnam Stocks. 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.
Plastic Additives December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Plastic Additives stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Plastic Additives shares will generate the highest return on investment. By undertsting and applying Plastic Additives stock market strength indicators, traders can identify Plastic Additives JSC entry and exit signals to maximize returns
Plastic Additives Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Plastic Additives' price direction in advance. Along with the technical and fundamental analysis of Plastic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Plastic 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.