Parx Plastics (France) Price on December 23, 2024

MLPRX Stock  EUR 0.30  0.00  0.00%   
If you're considering investing in Parx Stock, it is important to understand the factors that can impact its price. As of today, the current price of Parx Plastics stands at 0.30, as last reported on the 23rd of December, with the highest price reaching 0.30 and the lowest price hitting 0.30 during the day. Parx Plastics is out of control given 3 months investment horizon. Parx Plastics NV maintains Sharpe Ratio (i.e., Efficiency) of 0.36, which implies the firm had a 0.36% return per unit of risk over the last 3 months. We were able to interpolate data for seventeen different technical indicators, which can help you to evaluate if expected returns of 1.79% are justified by taking the suggested risk. Use Parx Plastics Risk Adjusted Performance of 0.2946, coefficient of variation of 276.86, and Variance of 24.58 to evaluate company specific risk that cannot be diversified away.
  
Parx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.3612

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Estimated Market Risk

 4.96
  actual daily
44
56% of assets are more volatile

Expected Return

 1.79
  actual daily
35
65% of assets have higher returns

Risk-Adjusted Return

 0.36
  actual daily
28
72% of assets perform better
Based on monthly moving average Parx Plastics is performing at about 28% 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 Parx Plastics by adding it to a well-diversified portfolio.

Parx Plastics Valuation on December 23, 2024

It is possible to determine the worth of Parx Plastics on a given historical date. On December 23, 2024 Parx was worth 0.3 at the beginning of the trading date compared to the closed value of 0.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Parx Plastics stock. Still, in general, we apply an absolute valuation method to find Parx Plastics' 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 Parx Plastics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Parx Plastics' related companies.
 Open High Low Close Volume
  0.30    0.30    0.30    0.30    0.00  
12/23/2024
  0.30    0.30    0.30    0.30    1.00  
Backtest Parx Plastics  |  Parx Plastics History  |  Parx Plastics Valuation   Previous
Open Value
0.3
0.3
Closing Value
15.17
Upside

Parx Plastics Trading Date Momentum on December 23, 2024

On December 23 2024 Parx Plastics NV was traded for  0.30  at the closing time. The highest price during the trading period was 0.30  and the lowest recorded bid was listed for  0.30 . There was no trading activity during the period 1.0. Lack of trading volume on December 23, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% .

Parx Plastics NV Fundamentals Correlations and Trends

By evaluating Parx Plastics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Parx Plastics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Parx financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Parx Plastics Stock history

Parx Plastics 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 Parx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Parx Plastics NV 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 Parx Plastics stock prices may prove useful in developing a viable investing in Parx Plastics
Parx Materials N.V. develops, manufactures, and markets antibacterialantimicrobial plastics worldwide. Parx Materials N.V. was founded in 2012 and is headquartered in Rotterdam, the Netherlands. PARX MATERIALS is traded on Paris Stock Exchange in France.

Parx Plastics Stock Technical Analysis

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

Parx Plastics Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Parx Plastics NV cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.

Parx Plastics December 23, 2024 Market Strength

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

Parx Plastics Technical and Predictive Indicators

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

Additional Tools for Parx Stock Analysis

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