Polight ASA (Norway) Technical Analysis
| PLT Stock | 5.95 0.30 4.80% |
As of the 11th of February 2026, Polight ASA holds the Risk Adjusted Performance of (0.04), coefficient of variation of (1,708), and Variance of 12.12. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Polight ASA, as well as the relationship between them. Please check Polight ASA information ratio, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Polight ASA is priced some-what accurately, providing market reflects its current price of 5.95 per share.
Polight ASA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Polight, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PolightPolight |
Polight ASA 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Polight ASA's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Polight ASA.
| 11/13/2025 |
| 02/11/2026 |
If you would invest 0.00 in Polight ASA on November 13, 2025 and sell it all today you would earn a total of 0.00 from holding Polight ASA or generate 0.0% return on investment in Polight ASA over 90 days. Polight ASA is related to or competes with Ensurge Micropower, Elliptic Laboratories, Next Biometrics, REC Silicon, Itera ASA, Techstep ASA, and Webstep ASA. More
Polight ASA Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Polight ASA's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Polight ASA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 25.94 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 5.04 |
Polight ASA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Polight ASA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Polight ASA's standard deviation. In reality, there are many statistical measures that can use Polight ASA historical prices to predict the future Polight ASA's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | 0.3732 |
Polight ASA February 11, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | 0.3832 | |||
| Mean Deviation | 2.42 | |||
| Coefficient Of Variation | (1,708) | |||
| Standard Deviation | 3.48 | |||
| Variance | 12.12 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | 0.3732 | |||
| Maximum Drawdown | 25.94 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 5.04 | |||
| Skewness | (0.93) | |||
| Kurtosis | 6.47 |
Polight ASA Backtested Returns
Polight ASA maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15 % return per unit of risk over the last 3 months. Polight ASA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Polight ASA's Coefficient Of Variation of (1,708), variance of 12.12, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The company holds a Beta of -0.57, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Polight ASA are expected to decrease at a much lower rate. During the bear market, Polight ASA is likely to outperform the market. At this point, Polight ASA has a negative expected return of -0.49%. Please make sure to check Polight ASA's kurtosis, and the relationship between the maximum drawdown and rate of daily change , to decide if Polight ASA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.50 |
Modest predictability
Polight ASA has modest predictability. Overlapping area represents the amount of predictability between Polight ASA time series from 13th of November 2025 to 28th of December 2025 and 28th of December 2025 to 11th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Polight ASA price movement. The serial correlation of 0.5 indicates that about 50.0% of current Polight ASA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Polight ASA 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.
Polight ASA Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Normalized Average True Range is used to analyze tradable apportunities for Polight ASA across different markets.
About Polight ASA Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Polight ASA on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Polight ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Polight ASA price pattern first instead of the macroeconomic environment surrounding Polight ASA. By analyzing Polight ASA's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Polight ASA's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Polight ASA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Polight ASA February 11, 2026 Technical Indicators
Most technical analysis of Polight help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Polight from various momentum indicators to cycle indicators. When you analyze Polight charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | 0.3832 | |||
| Mean Deviation | 2.42 | |||
| Coefficient Of Variation | (1,708) | |||
| Standard Deviation | 3.48 | |||
| Variance | 12.12 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | 0.3732 | |||
| Maximum Drawdown | 25.94 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 5.04 | |||
| Skewness | (0.93) | |||
| Kurtosis | 6.47 |
Polight ASA February 11, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Polight stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 85,604 | ||
| Daily Balance Of Power | (0.56) | ||
| Rate Of Daily Change | 0.95 | ||
| Day Median Price | 6.07 | ||
| Day Typical Price | 6.03 | ||
| Price Action Indicator | (0.27) |
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.