Poet Technologies Stock Price on August 31, 2023
| PTK Stock | CAD 5.60 0.03 0.53% |
Below is the normalized historical share price chart for POET Technologies extending back to June 26, 2007. 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 POET Technologies stands at 5.60, as last reported on the 23rd of November, with the highest price reaching 5.64 and the lowest price hitting 5.40 during the day.
If you're considering investing in POET Stock, it is important to understand the factors that can impact its price. POET Technologies appears to be risky, given 3 months investment horizon. POET Technologies maintains Sharpe Ratio (i.e., Efficiency) of 0.0944, which implies the firm had a 0.0944% return per unit of risk over the last 3 months. By inspecting POET Technologies' technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please evaluate POET Technologies' Semi Deviation of 2.82, risk adjusted performance of 0.0766, and Mean Deviation of 3.67 to confirm if our risk estimates are consistent with your expectations.
At this time, POET Technologies' Common Stock Shares Outstanding is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 17 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 40.8 M in 2024. . At this time, POET Technologies' Price To Sales Ratio is fairly stable compared to the past year. Price Sales Ratio is likely to climb to 102.14 in 2024, whereas Price Earnings Ratio is likely to drop (1.94) in 2024. POET Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 3.4585 | 50 Day MA 5.3542 | Beta 0.472 |
POET |
Sharpe Ratio = 0.0944
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Estimated Market Risk
| 6.44 actual daily | 57 57% of assets are less volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average POET Technologies is performing at about 7% 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 POET Technologies by adding it to a well-diversified portfolio.
Price Book 9.0348 | Enterprise Value Ebitda (10.89) | Price Sales 3.4 K | Shares Float 57 M | Wall Street Target Price 6.68 |
POET Technologies Valuation on August 31, 2023
It is possible to determine the worth of POET Technologies on a given historical date. On August 31, 2023 POET was worth 4.98 at the beginning of the trading date compared to the closed value of 5.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of POET Technologies stock. Still, in general, we apply an absolute valuation method to find POET 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 POET Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against POET Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 5.08 | 5.08 | 4.90 | 4.99 | 7,600 | |
08/31/2023 | 4.98 | 5.37 | 4.98 | 5.37 | 15,300 |
| 5.39 | 5.50 | 5.19 | 5.22 | 9,500 |
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POET Technologies Trading Date Momentum on August 31, 2023
| On September 01 2023 POET Technologies was traded for 5.22 at the closing time. The highest daily price throughout the period was 5.50 and the lowest price was 5.19 . The daily volume was 9.5 K. The net trading volume on 09/01/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.79% . The trading delta at closing time to current closing price is 10.06% . |
POET Technologies Fundamentals Correlations and Trends
By evaluating POET 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 POET Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. POET financial account trend analysis is a perfect complement when working with valuation or volatility modules.About POET Technologies Stock history
POET 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 POET is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in POET 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 POET Technologies stock prices may prove useful in developing a viable investing in POET Technologies
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 40.1 M | 42.1 M | |
| Net Loss | -14.1 M | -14.8 M |
POET Technologies Quarterly Net Working Capital |
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POET Technologies Stock Technical Analysis
POET 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
POET Technologies Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
POET Technologies cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
POET Technologies November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how POET 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 POET Technologies shares will generate the highest return on investment. By undertsting and applying POET Technologies stock market strength indicators, traders can identify POET Technologies entry and exit signals to maximize returns
POET Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for POET Technologies' price direction in advance. Along with the technical and fundamental analysis of POET Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of POET 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 | 0.0766 | |||
| Jensen Alpha | 0.5493 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.1456 | |||
| Treynor Ratio | 18.91 |
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Additional Tools for POET Stock Analysis
When running POET Technologies' price analysis, check to measure POET 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 POET Technologies is operating at the current time. Most of POET Technologies' value examination focuses on studying past and present price action to predict the probability of POET Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move POET Technologies' price. Additionally, you may evaluate how the addition of POET Technologies to your portfolios can decrease your overall portfolio volatility.