Polaris Media (Norway) Price on September 15, 2023
| POL Stock | NOK 87.50 0.50 0.57% |
If you're considering investing in Polaris Stock, it is important to understand the factors that can impact its price. As of today, the current price of Polaris Media stands at 87.50, as last reported on the 27th of November, with the highest price reaching 88.00 and the lowest price hitting 87.50 during the day. Polaris Media appears to be very steady, given 3 months investment horizon. Polaris Media maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Polaris Media, which you can use to evaluate the volatility of the company. Please evaluate Polaris Media's Semi Deviation of 2.37, coefficient of variation of 1083.43, and Risk Adjusted Performance of 0.0779 to confirm if our risk estimates are consistent with your expectations.
Polaris Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Polaris |
Sharpe Ratio = 0.1125
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Estimated Market Risk
| 2.82 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Polaris Media is performing at about 8% 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 Polaris Media by adding it to a well-diversified portfolio.
Polaris Media Valuation on September 15, 2023
It is possible to determine the worth of Polaris Media on a given historical date. On September 15, 2023 Polaris was worth 50.29 at the beginning of the trading date compared to the closed value of 51.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Polaris Media stock. Still, in general, we apply an absolute valuation method to find Polaris Media'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 Polaris Media where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Polaris Media's related companies.
| Open | High | Low | Close | Volume | |
| 48.52 | 49.80 | 48.52 | 49.11 | 8,298 | |
09/15/2023 | 50.29 | 51.28 | 50.29 | 51.28 | 9,940 |
| 49.31 | 51.28 | 49.31 | 49.31 | 88.00 |
| Backtest Polaris Media | | | Polaris Media History | | | Polaris Media Valuation | Previous | Next |
Polaris Media Trading Date Momentum on September 15, 2023
| On September 18 2023 Polaris Media was traded for 49.31 at the closing time. The maximum traded price for the trading interval was 51.28 and the lowest daily price was 49.31 . The daily volume was recorded at 88.0. The volume of trading on 18th of September 2023 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 3.84% . The trading delta at closing time to the closing price today is 1.93% . |
Polaris Media Fundamentals Correlations and Trends
By evaluating Polaris Media'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 Polaris Media's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Polaris financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Polaris Media Stock history
Polaris Media 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 Polaris is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Polaris Media 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 Polaris Media stock prices may prove useful in developing a viable investing in Polaris Media
Polaris Media Stock Technical Analysis
Polaris Media 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
Polaris Media Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Polaris Media cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock 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.
Polaris Media November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Polaris Media stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Polaris Media shares will generate the highest return on investment. By undertsting and applying Polaris Media stock market strength indicators, traders can identify Polaris Media entry and exit signals to maximize returns
Polaris Media Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Polaris Media's price direction in advance. Along with the technical and fundamental analysis of Polaris Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Polaris 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 | 0.0779 | |||
| Jensen Alpha | 0.2744 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0393 | |||
| Treynor Ratio | (1.44) |
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Other Information on Investing in Polaris Stock
Polaris Media financial ratios help investors to determine whether Polaris Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Polaris with respect to the benefits of owning Polaris Media security.