Photronics Stock Price on October 16, 2024
| PLAB Stock | USD 25.43 0.54 2.17% |
Below is the normalized historical share price chart for Photronics extending back to March 10, 1987. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Photronics stands at 25.43, as last reported on the 25th of November, with the highest price reaching 25.93 and the lowest price hitting 25.22 during the day.
If you're considering investing in Photronics Stock, it is important to understand the factors that can impact its price. At this point, Photronics is very steady. Photronics maintains Sharpe Ratio (i.e., Efficiency) of 0.0546, which implies the firm had a 0.0546% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Photronics, which you can use to evaluate the volatility of the company. Please check Photronics' Coefficient Of Variation of 2784.28, semi deviation of 2.35, and Risk Adjusted Performance of 0.0342 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
At present, Photronics' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 1.8 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 45.1 M. . At present, Photronics' Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 1.79, whereas Price Earnings Ratio is forecasted to decline to 7.84. Photronics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of March 1987 | 200 Day MA 25.9798 | 50 Day MA 24.0664 | Beta 1.403 |
Photronics |
Sharpe Ratio = 0.0546
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| Cash | Small Risk | PLAB | High Risk | Huge Risk |
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Estimated Market Risk
| 2.31 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Photronics is performing at about 4% 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 Photronics by adding it to a well-diversified portfolio.
Price Book 1.4765 | Enterprise Value Ebitda 2.7566 | Price Sales 1.8088 | Shares Float 61 M | Wall Street Target Price 32 |
Photronics Valuation on October 16, 2024
It is possible to determine the worth of Photronics on a given historical date. On October 16, 2024 Photronics was worth 24.17 at the beginning of the trading date compared to the closed value of 23.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Photronics stock. Still, in general, we apply an absolute valuation method to find Photronics' 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 Photronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Photronics' related companies.
| Open | High | Low | Close | Volume | |
| 24.00 | 24.52 | 23.52 | 23.59 | 549,693 | |
10/16/2024 | 24.17 | 24.17 | 23.56 | 23.91 | 368,904 |
| 24.35 | 24.45 | 23.78 | 23.80 | 320,649 |
| Backtest Photronics | | | Photronics History | | | Photronics Valuation | Previous | Next |
Photronics Trading Date Momentum on October 16, 2024
| On October 17 2024 Photronics was traded for 23.80 at the closing time. The top price for the day was 24.45 and the lowest listed price was 23.78 . The trading volume for the day was 320.6 K. The trading history from October 17, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.46% . The trading delta at closing time against the current closing price is 1.13% . |
Photronics Fundamentals Correlations and Trends
By evaluating Photronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Photronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Photronics financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Photronics Stock history
Photronics 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 Photronics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Photronics 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 Photronics stock prices may prove useful in developing a viable investing in Photronics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 71 M | 45.1 M | |
| Net Income Applicable To Common Shares | 136.6 M | 143.4 M |
Photronics Quarterly Net Working Capital |
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Photronics Stock Technical Analysis
Photronics 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
Photronics Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Photronics 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.
Photronics November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Photronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Photronics shares will generate the highest return on investment. By undertsting and applying Photronics stock market strength indicators, traders can identify Photronics entry and exit signals to maximize returns
Photronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Photronics' price direction in advance. Along with the technical and fundamental analysis of Photronics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Photronics 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 | 0.0342 | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0376 |
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Complementary Tools for Photronics Stock analysis
When running Photronics' price analysis, check to measure Photronics' 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 Photronics is operating at the current time. Most of Photronics' value examination focuses on studying past and present price action to predict the probability of Photronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Photronics' price. Additionally, you may evaluate how the addition of Photronics to your portfolios can decrease your overall portfolio volatility.
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