Polypid Stock Price on September 21, 2023

PYPD Stock  USD 2.90  0.03  1.05%   
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 2.90, as last reported on the 20th of February, with the highest price reaching 3.02 and the lowest price hitting 2.89 during the day. PolyPid maintains Sharpe Ratio (i.e., Efficiency) of -0.0267, which implies the firm had a -0.0267 % 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 insignificant Risk Adjusted Performance, coefficient of variation of (5,996), and Variance of 37.56 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.

Sharpe Ratio = -0.0267

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Estimated Market Risk

 6.16
  actual daily
54
54% of assets are less volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  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.

PolyPid Valuation on September 21, 2023

It is possible to determine the worth of PolyPid on a given historical date. On September 21, 2023 PolyPid was worth 7.33 at the beginning of the trading date compared to the closed value of 6.49. 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
  7.50    8.37    6.32    7.35    89,031  
09/21/2023
  7.33    7.50    5.13    6.49    82,427  
  6.88    6.88    5.70    5.89    20,627  
Backtest PolyPid  |  PolyPid History  |  PolyPid Valuation   PreviousNext  
Open Value
7.33
6.49
Closing Value
25.82
Upside

PolyPid Trading Date Momentum on September 21, 2023

On September 22 2023 PolyPid was traded for  5.89  at the closing time. The top price for the day was 6.88  and the lowest listed price was  5.70 . The trading volume for the day was 20.6 K. The trading history from September 22, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 9.24% . The trading delta at closing time against the current closing price is 30.51% .

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.
A focus of PolyPid technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of PolyPid trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

PolyPid Period Price Range

Low
February 20, 2025
0.00  NaN%
High

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 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 February 20, 2025 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.

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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