Polyplex Public (Thailand) Price on November 25, 2024
PTL Stock | THB 12.70 0.30 2.42% |
If you're considering investing in Polyplex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Polyplex Public stands at 12.70, as last reported on the 3rd of December, with the highest price reaching 12.80 and the lowest price hitting 12.20 during the day. Polyplex Public maintains Sharpe Ratio (i.e., Efficiency) of -0.0561, which implies the firm had a -0.0561% return per unit of risk over the last 3 months. Polyplex Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Polyplex Public's Coefficient Of Variation of (2,123), risk adjusted performance of (0.03), and Variance of 3.28 to confirm the risk estimate we provide.
Polyplex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Polyplex |
Sharpe Ratio = -0.0561
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Estimated Market Risk
1.84 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Polyplex Public is not performing at its full potential. However, 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 Polyplex Public by adding Polyplex Public to a well-diversified portfolio.
Polyplex Public Valuation on November 25, 2024
It is possible to determine the worth of Polyplex Public on a given historical date. On November 25, 2024 Polyplex was worth 12.4 at the beginning of the trading date compared to the closed value of 12.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Polyplex Public stock. Still, in general, we apply an absolute valuation method to find Polyplex Public'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 Polyplex Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Polyplex Public's related companies.
Open | High | Low | Close | Volume | |
12.20 | 12.50 | 12.20 | 12.40 | 568,395 | |
11/25/2024 | 12.40 | 12.60 | 12.30 | 12.60 | 146,712 |
12.50 | 12.60 | 12.50 | 12.50 | 218,616 |
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Polyplex Public Trading Date Momentum on November 25, 2024
On November 26 2024 Polyplex Public was traded for 12.50 at the closing time. The maximum traded price for the trading interval was 12.60 and the lowest daily price was 12.50 . The daily volume was recorded at 218.6 K. The volume of trading on 26th of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.79% . The trading delta at closing time to the closing price today is 1.59% . |
Polyplex Public Fundamentals Correlations and Trends
By evaluating Polyplex Public'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 Polyplex Public's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Polyplex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Polyplex Public Stock history
Polyplex Public 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 Polyplex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Polyplex Public 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 Polyplex Public stock prices may prove useful in developing a viable investing in Polyplex Public
Polyplex Public Company Limited, together with its subsidiaries, manufactures and distributes polyester films and chips, metalized films, extrusion coated films, cast polypropylene films, silicone coated films, and PET resins in Thailand and internationally. Polyplex Public Company Limited is a subsidiary of Polyplex Corporation Limited. POLYPLEX PUBLIC operates under Rubber Plastics classification in Thailand and is traded on Stock Exchange of Thailand.
Polyplex Public Stock Technical Analysis
Polyplex Public 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
Polyplex Public Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Polyplex Public cannot be verified against its exchange. Please verify the symbol is currently traded on Thailand 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.
Polyplex Public December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Polyplex Public stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Polyplex Public shares will generate the highest return on investment. By undertsting and applying Polyplex Public stock market strength indicators, traders can identify Polyplex Public entry and exit signals to maximize returns
Polyplex Public Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Polyplex Public's price direction in advance. Along with the technical and fundamental analysis of Polyplex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Polyplex 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 | (0.03) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.37) | |||
Treynor Ratio | 0.7088 |
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Other Information on Investing in Polyplex Stock
Polyplex Public financial ratios help investors to determine whether Polyplex 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 Polyplex with respect to the benefits of owning Polyplex Public security.