Polypid Stock Price on March 1, 2024
PYPD Stock | USD 2.79 0.08 2.79% |
If you're considering investing in PolyPid Stock, it is important to understand the factors that can impact its price. As of today, the current price of PolyPid stands at 2.79, as last reported on the 11th of December 2024, with the highest price reaching 3.13 and the lowest price hitting 2.79 during the day. PolyPid 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. PolyPid exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PolyPid's Variance of 10.49, coefficient of variation of (950.85), and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide.
PolyPid Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PolyPid |
Sharpe Ratio = -0.1052
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Estimated Market Risk
3.24 actual daily | 28 72% of assets are more volatile |
Expected Return
-0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PolyPid 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 PolyPid by adding PolyPid to a well-diversified portfolio.
Related Headline
Anebulo Pharmaceuticals Headline on 1st of March 2024
Acquisition by Kenneth Cundy of 72613 shares of Anebulo Phar... by Kenneth Cundy
Filed transaction by Anebulo Pharmaceuticals I officer. Grant, award or other acquisition pursuant to Rule 16b-3(d)
PolyPid Valuation on March 1, 2024
It is possible to determine the worth of PolyPid on a given historical date. On March 1, 2024 PolyPid was worth 5.55 at the beginning of the trading date compared to the closed value of 5.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PolyPid stock. Still, in general, we apply an absolute valuation method to find PolyPid'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 PolyPid where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PolyPid's related companies.
Open | High | Low | Close | Volume | |
5.78 | 5.78 | 5.33 | 5.36 | 2,200 | |
03/01/2024 | 5.55 | 5.95 | 5.55 | 5.95 | 1,400 |
5.35 | 5.73 | 5.35 | 5.44 | 2,500 |
Backtest PolyPid | | | PolyPid History | | | PolyPid Valuation | Previous | Next |
PolyPid Trading Date Momentum on March 1, 2024
On March 04 2024 PolyPid was traded for 5.44 at the closing time. The top price for the day was 5.73 and the lowest listed price was 5.35 . The trading volume for the day was 2.5 K. The trading history from March 4, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 8.57% . The trading delta at closing time against the current closing price is 8.40% . |
PolyPid Fundamentals Correlations and Trends
By evaluating PolyPid'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 PolyPid's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PolyPid financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PolyPid Stock history
PolyPid 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 PolyPid is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PolyPid 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 PolyPid stock prices may prove useful in developing a viable investing in PolyPid
PolyPid Ltd., a late-stage biopharma company, develops, manufactures, and commercializes products based on polymer-lipid encapsulation matrix platform to address unmet medical needs. PolyPid Ltd. was incorporated in 2008 and is headquartered in Petah Tikva, Israel. Polypid operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 75 people.
PolyPid Stock Technical Analysis
PolyPid 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
PolyPid Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
PolyPid 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.
PolyPid December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how PolyPid stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PolyPid shares will generate the highest return on investment. By undertsting and applying PolyPid stock market strength indicators, traders can identify PolyPid entry and exit signals to maximize returns
PolyPid Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PolyPid's price direction in advance. Along with the technical and fundamental analysis of PolyPid Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PolyPid 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 | (0.07) | |||
Jensen Alpha | (0.47) | |||
Total Risk Alpha | (0.86) | |||
Treynor Ratio | (0.34) |
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Complementary Tools for PolyPid Stock analysis
When running PolyPid's price analysis, check to measure PolyPid'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 PolyPid is operating at the current time. Most of PolyPid's value examination focuses on studying past and present price action to predict the probability of PolyPid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PolyPid's price. Additionally, you may evaluate how the addition of PolyPid to your portfolios can decrease your overall portfolio volatility.
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