POLARX (Germany) Performance
| PX0 Stock | EUR 0 0.0005 16.67% |
POLARX holds a performance score of 10 on a scale of zero to a hundred. The company holds a Beta of 3.81, 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, POLARX will likely underperform. Use POLARX sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to analyze future returns on POLARX.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in POLARX LTD are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, POLARX reported solid returns over the last few months and may actually be approaching a breakup point. ...more
POLARX |
POLARX Relative Risk vs. Return Landscape
If you would invest 0.20 in POLARX LTD on November 6, 2024 and sell it today you would earn a total of 0.05 from holding POLARX LTD or generate 25.0% return on investment over 90 days. POLARX LTD is currently producing 4.1808% returns and takes up 30.8024% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than POLARX, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
POLARX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for POLARX's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as POLARX LTD, and traders can use it to determine the average amount a POLARX'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 = 0.1357
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Estimated Market Risk
| 30.8 actual daily | 96 96% of assets are less volatile |
Expected Return
| 4.18 actual daily | 83 83% of assets have lower returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average POLARX is performing at about 10% 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 POLARX by adding it to a well-diversified portfolio.
POLARX Fundamentals Growth
POLARX Stock prices reflect investors' perceptions of the future prospects and financial health of POLARX, and POLARX 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 POLARX Stock performance.
| Return On Equity | -0.0465 | |||
| Return On Asset | -0.0285 | |||
| Shares Outstanding | 1.35 B | |||
| Revenue | 4 | |||
| EBITDA | (1.59 M) | |||
| Cash And Equivalents | 3.49 M | |||
| Book Value Per Share | 0.04 X | |||
| Cash Flow From Operations | (1.22 M) | |||
| Earnings Per Share | (0) X | |||
About POLARX Performance
By analyzing POLARX's fundamental ratios, stakeholders can gain valuable insights into POLARX's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if POLARX has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if POLARX has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
PolarX Limited engages in the exploration and development of mineral properties in the United States. The company was incorporated in 1945 and is based in Subiaco, Australia. POLARX operates under Other Industrial Metals Mining classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1 people.Things to note about POLARX LTD performance evaluation
Checking the ongoing alerts about POLARX for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for POLARX LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| POLARX LTD is way too risky over 90 days horizon | |
| POLARX LTD has some characteristics of a very speculative penny stock | |
| POLARX LTD appears to be risky and price may revert if volatility continues | |
| POLARX LTD has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 4. Net Loss for the year was (1.3 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| POLARX LTD has accumulated about 3.49 M in cash with (1.22 M) of positive cash flow from operations. | |
| Roughly 13.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing POLARX'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 POLARX's stock is overvalued or undervalued compared to its peers.
- Examining POLARX'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 POLARX's management team can have a significant impact on its success or failure. Reviewing the track record and experience of POLARX's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of POLARX's stock. These opinions can provide insight into POLARX's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for POLARX Stock analysis
When running POLARX's price analysis, check to measure POLARX'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 POLARX is operating at the current time. Most of POLARX's value examination focuses on studying past and present price action to predict the probability of POLARX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move POLARX's price. Additionally, you may evaluate how the addition of POLARX to your portfolios can decrease your overall portfolio volatility.
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