POLARX (Germany) Price on October 29, 2024
PX0 Stock | EUR 0.0005 0.0005 50.00% |
If you're considering investing in POLARX Stock, it is important to understand the factors that can impact its price. As of today, the current price of POLARX stands at 0.0005, as last reported on the 24th of December, with the highest price reaching 0.0005 and the lowest price hitting 0.0005 during the day. POLARX LTD maintains Sharpe Ratio (i.e., Efficiency) of -0.0035, which implies the firm had a -0.0035% return per unit of volatility over the last 3 months. POLARX LTD exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check POLARX's risk adjusted performance of 0.038, and Semi Deviation of 14.45 to confirm the risk estimate we provide.
POLARX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
POLARX |
Sharpe Ratio = -0.0035
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Estimated Market Risk
22.05 actual daily | 96 96% of assets are less volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average POLARX 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 POLARX by adding POLARX to a well-diversified portfolio.
POLARX Valuation on October 29, 2024
It is possible to determine the worth of POLARX on a given historical date. On October 29, 2024 POLARX was worth 0.002 at the beginning of the trading date compared to the closed value of 0.002. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of POLARX stock. Still, in general, we apply an absolute valuation method to find POLARX'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 POLARX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against POLARX's related companies.
Open | High | Low | Close | Volume | |
0 | 0 | 0 | 0 | 1.00 | |
10/29/2024 | 0 | 0 | 0 | 0 | 20,000 |
0 | 0 | 0 | 0 | 1.00 |
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POLARX Trading Date Momentum on October 29, 2024
On October 30 2024 POLARX LTD was traded for 0 at the closing time. The highest daily price throughout the period was 0 and the lowest price was 0 . There was no trading activity during the period 1.0. Lack of trading volume on 10/30/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 25.00% . The trading delta at closing time to current closing price is 25.00% . |
POLARX LTD Fundamentals Correlations and Trends
By evaluating POLARX'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 POLARX's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. POLARX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About POLARX Stock history
POLARX 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 POLARX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in POLARX LTD 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 POLARX stock prices may prove useful in developing a viable investing in POLARX
PolarX Limited engages in the exploration and development of mineral properties in the United States. The company was incorporated in 1945 and is based in Subiaco, Australia. POLARX operates under Other Industrial Metals Mining classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1 people.
POLARX Stock Technical Analysis
POLARX 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
POLARX Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
POLARX LTD cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
POLARX December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how POLARX stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading POLARX shares will generate the highest return on investment. By undertsting and applying POLARX stock market strength indicators, traders can identify POLARX LTD entry and exit signals to maximize returns
POLARX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for POLARX's price direction in advance. Along with the technical and fundamental analysis of POLARX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of POLARX 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 | 0.038 | |||
Jensen Alpha | 0.5641 | |||
Total Risk Alpha | 0.1288 | |||
Sortino Ratio | 0.025 | |||
Treynor Ratio | 0.0944 |
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Volume Indicators |
Complementary Tools for POLARX Stock analysis
When running POLARX's price analysis, check to measure POLARX's 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 POLARX is operating at the current time. Most of POLARX's value examination focuses on studying past and present price action to predict the probability of POLARX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move POLARX's price. Additionally, you may evaluate how the addition of POLARX to your portfolios can decrease your overall portfolio volatility.
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