Planet Image International Stock Price on March 5, 2024
| YIBO Stock | 3.68 0.25 7.29% |
If you're considering investing in Planet Stock, it is important to understand the factors that can impact its price. As of today, the current price of Planet Image stands at 3.68, as last reported on the 1st of December, with the highest price reaching 3.68 and the lowest price hitting 3.30 during the day. Planet Image appears to be dangerous, given 3 months investment horizon. Planet Image Interna maintains Sharpe Ratio (i.e., Efficiency) of 0.0683, which implies the firm had a 0.0683% return per unit of risk over the last 3 months. By analyzing Planet Image's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please evaluate Planet Image's Semi Deviation of 4.87, risk adjusted performance of 0.1097, and Coefficient Of Variation of 760.24 to confirm if our risk estimates are consistent with your expectations.
As of the 1st of December 2024, Total Stockholder Equity is likely to drop to about 23.9 M. In addition to that, Common Stock Shares Outstanding is likely to drop to about 44.8 M. At this time, Planet Image's Price To Sales Ratio is very stable compared to the past year. As of the 1st of December 2024, Price Earnings Ratio is likely to grow to 28.46, while Price Book Value Ratio is likely to drop 4.31. Planet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Planet |
Sharpe Ratio = 0.0683
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Estimated Market Risk
| 7.45 actual daily | 66 66% of assets are less volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Planet Image is performing at about 5% of its full potential. 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 Planet Image by adding it to a well-diversified portfolio.
Price Book 3.68 | Enterprise Value Ebitda 19.865 | Price Sales 1.2057 | Shares Float 1.8 M | Earnings Share 0.15 |
Related Headline
Skechers USA Headline on 5th of March 2024
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Filed transaction by Skechers USA Director, Officer: President. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Planet Image Valuation on March 5, 2024
It is possible to determine the worth of Planet Image on a given historical date. On March 5, 2024 Planet was worth 2.88 at the beginning of the trading date compared to the closed value of 3.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Planet Image stock. Still, in general, we apply an absolute valuation method to find Planet Image'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 Planet Image where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Planet Image's related companies.
| Open | High | Low | Close | Volume | |
| 2.76 | 3.15 | 2.76 | 2.85 | 63,500 | |
03/05/2024 | 2.88 | 3.11 | 2.83 | 3.11 | 20,100 |
| 3.00 | 3.04 | 2.95 | 2.95 | 18,600 |
| Backtest Planet Image | | | Planet Image History | | | Planet Image Valuation | Previous | Next |
Planet Image Trading Date Momentum on March 5, 2024
| On March 06 2024 Planet Image International was traded for 2.95 at the closing time. The top price for the day was 3.04 and the lowest listed price was 2.95 . The trading volume for the day was 18.6 K. The trading history from March 6, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 5.14% . The trading delta at closing time against the current closing price is 20.58% . |
Planet Image Interna Fundamentals Correlations and Trends
By evaluating Planet Image'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 Planet Image's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Planet financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Planet Image Stock history
Planet Image 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 Planet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Planet Image Interna 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 Planet Image stock prices may prove useful in developing a viable investing in Planet Image
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 53.9 M | 44.8 M |
Planet Image Quarterly Net Working Capital |
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Planet Image Stock Technical Analysis
Planet Image 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
Planet Image Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Planet Image International 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.
Planet Image December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Planet Image stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Planet Image shares will generate the highest return on investment. By undertsting and applying Planet Image stock market strength indicators, traders can identify Planet Image International entry and exit signals to maximize returns
Planet Image Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Planet Image's price direction in advance. Along with the technical and fundamental analysis of Planet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Planet 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 | 0.1097 | |||
| Jensen Alpha | 1.22 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.1844 | |||
| Treynor Ratio | (2.63) |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Planet Image International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Planet Image. If investors know Planet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Planet Image listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.13) | Earnings Share 0.15 | Revenue Per Share 3.249 | Quarterly Revenue Growth 0.041 | Return On Assets 0.0429 |
The market value of Planet Image Interna is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Image's value that differs from its market value or its book value, called intrinsic value, which is Planet Image's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Planet Image's market value can be influenced by many factors that don't directly affect Planet Image's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Planet Image's value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Image is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Image's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.