Polytec Holding (Austria) Price on February 9, 2024

PYT Stock  EUR 2.32  0.04  1.75%   
If you're considering investing in Polytec Stock, it is important to understand the factors that can impact its price. As of today, the current price of Polytec Holding stands at 2.32, as last reported on the 29th of November, with the highest price reaching 2.32 and the lowest price hitting 2.28 during the day. Polytec Holding AG maintains Sharpe Ratio (i.e., Efficiency) of -0.2, which implies the firm had a -0.2% return per unit of risk over the last 3 months. Polytec Holding AG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Polytec Holding's Coefficient Of Variation of (508.24), risk adjusted performance of (0.14), and Variance of 4.5 to confirm the risk estimate we provide.
  
Polytec Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1968

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Estimated Market Risk

 2.12
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.42
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.2
  actual daily
0
Most of other assets perform better
Based on monthly moving average Polytec Holding 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 Polytec Holding by adding Polytec Holding to a well-diversified portfolio.

Polytec Holding Valuation on February 9, 2024

It is possible to determine the worth of Polytec Holding on a given historical date. On February 9, 2024 Polytec was worth 3.66 at the beginning of the trading date compared to the closed value of 3.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Polytec Holding stock. Still, in general, we apply an absolute valuation method to find Polytec Holding'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 Polytec Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Polytec Holding's related companies.
 Open High Low Close Volume
  3.65    3.71    3.60    3.61    27,082  
02/09/2024
  3.66    3.67    3.62    3.67    3,709  
  3.67    3.67    3.60    3.67    11,532  
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Open Value
3.66
3.67
Closing Value
10.03
Upside

Polytec Holding Trading Date Momentum on February 9, 2024

On February 12 2024 Polytec Holding AG was traded for  3.67  at the closing time. The maximum traded price for the trading interval was 3.67  and the lowest daily price was  3.60 . The daily volume was recorded at 11.5 K. The volume of trading on 12th of February 2024 did not cause price change. The trading delta at closing time to the closing price today is 4.63% .

Polytec Holding AG Fundamentals Correlations and Trends

By evaluating Polytec Holding'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 Polytec Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Polytec financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Polytec Holding Stock history

Polytec Holding 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 Polytec is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Polytec Holding AG 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 Polytec Holding stock prices may prove useful in developing a viable investing in Polytec Holding

Polytec Holding Stock Technical Analysis

Polytec Holding 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 Polytec Holding technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Polytec Holding 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

Polytec Holding Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Polytec Holding AG cannot be verified against its exchange. Please verify the symbol is currently traded on Vienna 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.

Polytec Holding November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Polytec Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Polytec Holding shares will generate the highest return on investment. By undertsting and applying Polytec Holding stock market strength indicators, traders can identify Polytec Holding AG entry and exit signals to maximize returns

Polytec Holding Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Polytec Holding's price direction in advance. Along with the technical and fundamental analysis of Polytec Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Polytec 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 Polytec Stock analysis

When running Polytec Holding's price analysis, check to measure Polytec Holding'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 Polytec Holding is operating at the current time. Most of Polytec Holding's value examination focuses on studying past and present price action to predict the probability of Polytec Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Polytec Holding's price. Additionally, you may evaluate how the addition of Polytec Holding to your portfolios can decrease your overall portfolio volatility.
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