Planet Green Holdings Stock Price on December 23, 2024

PLAG Stock  USD 2.26  0.05  2.16%   
Below is the normalized historical share price chart for Planet Green Holdings extending back to January 13, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Planet Green stands at 2.26, as last reported on the 26th of December, with the highest price reaching 2.39 and the lowest price hitting 2.26 during the day.
IPO Date
5th of October 2020
200 Day MA
2.0857
50 Day MA
2.5284
Beta
(0.56)
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Planet Stock, it is important to understand the factors that can impact its price. Planet Green is extremely dangerous given 3 months investment horizon. Planet Green Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We were able to analyze thirty different technical indicators, which can help you to evaluate if expected returns of 1.19% are justified by taking the suggested risk. Use Planet Green Coefficient Of Variation of 933.26, risk adjusted performance of 0.0949, and Semi Deviation of 8.36 to evaluate company specific risk that cannot be diversified away.
  
At this time, Planet Green's Capital Stock is most likely to increase significantly in the upcoming years. The Planet Green's current Stock Based Compensation To Revenue is estimated to increase to 0.05, while Common Stock Total Equity is projected to decrease to roughly 12.9 K. . At this time, Planet Green's Price Fair Value is most likely to increase significantly in the upcoming years. Planet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1068

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Estimated Market Risk

 11.14
  actual daily
96
96% of assets are less volatile

Expected Return

 1.19
  actual daily
23
77% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Planet Green is performing at about 8% 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 Green by adding it to a well-diversified portfolio.
Price Book
1.0614
Enterprise Value Ebitda
(0.95)
Price Sales
0.9411
Shares Float
4.2 M
Earnings Share
(1.45)

Planet Green Main Headline on 23rd of December 2024

The stock of Green Planet saw a significant rise of 6.36, reaching 2.34 per share with a trading volume of 10,640 shares and a turnover rate of 0.15.

Planet Green Valuation on December 23, 2024

It is possible to determine the worth of Planet Green on a given historical date. On December 23, 2024 Planet was worth 2.12 at the beginning of the trading date compared to the closed value of 2.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Planet Green stock. Still, in general, we apply an absolute valuation method to find Planet Green'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 Green where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Planet Green's related companies.
 Open High Low Close Volume
  2.31    2.39    2.20    2.20    12,600  
12/23/2024
  2.12    2.49    2.12    2.31    13,943  
  2.31    2.39    2.26    2.26    1,790  
Backtest Planet Green  |  Planet Green History  |  Planet Green Valuation   PreviousNext  
Open Value
2.12
2.31
Closing Value
35.55
Upside

Planet Green Trading Date Momentum on December 23, 2024

On December 24 2024 Planet Green Holdings was traded for  2.26  at the closing time. The top price for the day was 2.39  and the lowest listed price was  2.26 . The trading volume for the day was 1.8 K. The trading history from December 24, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.16% . The trading delta at closing time against the current closing price is 0.00% .

Planet Green Holdings Fundamentals Correlations and Trends

By evaluating Planet Green'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 Green'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 Green Stock history

Planet Green 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 Green Holdings 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 Green stock prices may prove useful in developing a viable investing in Planet Green
Last ReportedProjected for Next Year
Common Stock Shares Outstanding7.2 M3.7 M
Net Loss-8.8 M-9.2 M

Planet Green Stock Technical Analysis

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

Planet Green Period Price Range

Low
December 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Planet Green Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT 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 Green December 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Planet Green 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 Green shares will generate the highest return on investment. By undertsting and applying Planet Green stock market strength indicators, traders can identify Planet Green Holdings entry and exit signals to maximize returns

Planet Green Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Planet Green'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.

Complementary Tools for Planet Stock analysis

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