Polight ASA (Norway) Performance
| PLT Stock | 4.03 0.09 2.28% |
The company holds a Beta of 1.17, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Polight ASA will likely underperform. At this point, Polight ASA has a negative expected return of -0.0973%. Please make sure to check Polight ASA's kurtosis, and the relationship between the value at risk and rate of daily change , to decide if Polight ASA performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Polight ASA has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent basic indicators, Polight ASA is not utilizing all of its potentials. The recent stock price mess, may contribute to short-term losses for the institutional investors. ...more
| Begin Period Cash Flow | 77.2 M | |
| Total Cashflows From Investing Activities | -2.1 M |
Polight |
Polight ASA Relative Risk vs. Return Landscape
If you would invest 454.00 in Polight ASA on August 30, 2024 and sell it today you would lose (51.00) from holding Polight ASA or give up 11.23% of portfolio value over 90 days. Polight ASA is producing return of less than zero assuming 4.2507% volatility of returns over the 90 days investment horizon. Simply put, 37% of all stocks have less volatile historical return distribution than Polight ASA, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Polight ASA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Polight ASA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Polight ASA, and traders can use it to determine the average amount a Polight ASA's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0229
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| Negative Returns | PLT |
Estimated Market Risk
| 4.25 actual daily | 37 63% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Polight ASA 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 Polight ASA by adding Polight ASA to a well-diversified portfolio.
Polight ASA Fundamentals Growth
Polight Stock prices reflect investors' perceptions of the future prospects and financial health of Polight ASA, and Polight ASA fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Polight Stock performance.
| Return On Equity | -0.32 | |||
| Return On Asset | -0.18 | |||
| Operating Margin | (4.58) % | |||
| Current Valuation | 875 M | |||
| Shares Outstanding | 51.93 M | |||
| Price To Book | 5.87 X | |||
| Price To Sales | 69.64 X | |||
| Revenue | 10.03 M | |||
| EBITDA | (41.26 M) | |||
| Cash And Equivalents | 1 K | |||
| Total Debt | 3.93 M | |||
| Book Value Per Share | 3.21 X | |||
| Cash Flow From Operations | (49.55 M) | |||
| Earnings Per Share | (1.05) X | |||
| Total Asset | 238.69 M | |||
About Polight ASA Performance
By examining Polight ASA's fundamental ratios, stakeholders can obtain critical insights into Polight ASA's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Polight ASA is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about Polight ASA performance evaluation
Checking the ongoing alerts about Polight ASA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Polight ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Polight ASA generated a negative expected return over the last 90 days | |
| Polight ASA has high historical volatility and very poor performance | |
| Polight ASA has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 10.03 M. Net Loss for the year was (53.39 M) with profit before overhead, payroll, taxes, and interest of 6.18 M. | |
| Polight ASA has accumulated about 1 K in cash with (49.55 M) of positive cash flow from operations. | |
| Roughly 19.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Polight ASA's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Polight ASA's stock is overvalued or undervalued compared to its peers.
- Examining Polight ASA's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Polight ASA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Polight ASA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Polight ASA's stock. These opinions can provide insight into Polight ASA's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Polight Stock
Polight ASA financial ratios help investors to determine whether Polight Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Polight with respect to the benefits of owning Polight ASA security.