Plum Acquisition Corp Stock Price on March 8, 2024

PLMJ Stock   11.10  0.04  0.36%   
If you're considering investing in Plum Stock, it is important to understand the factors that can impact its price. As of today, the current price of Plum Acquisition stands at 11.10, as last reported on the 21st of December, with the highest price reaching 11.12 and the lowest price hitting 11.10 during the day. Plum Acquisition is very steady at the moment. Plum Acquisition Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Plum Acquisition Corp, which you can use to evaluate the volatility of the company. Please check Plum Acquisition's Semi Deviation of 0.0556, coefficient of variation of 736.3, and Risk Adjusted Performance of 0.0867 to confirm if the risk estimate we provide is consistent with the expected return of 0.0359%.
  
At this time, Plum Acquisition's Total Stockholder Equity is relatively stable compared to the past year. Liabilities And Stockholders Equity is expected to hike to about 194.7 M this year, although the value of Common Stock Shares Outstanding will most likely fall to nearly 27.4 M. . Price Earnings To Growth Ratio is expected to hike to 0.91 this year, although the value of Price Earnings Ratio will most likely fall to 29.70. Plum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1379

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Estimated Market Risk

 0.26
  actual daily
2
98% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
10
90% of assets perform better
Based on monthly moving average Plum Acquisition 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 Plum Acquisition by adding it to a well-diversified portfolio.
Price Book
4.8978
Book Value
(0.19)
Enterprise Value
114 M
Shares Float
2.5 M
Shares Outstanding
3.1 M

Plum Acquisition Valuation on March 8, 2024

It is possible to determine the worth of Plum Acquisition on a given historical date. On March 8, 2024 Plum was worth 10.81 at the beginning of the trading date compared to the closed value of 10.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Plum Acquisition stock. Still, in general, we apply an absolute valuation method to find Plum Acquisition'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 Plum Acquisition where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Plum Acquisition's related companies.
 Open High Low Close Volume
  10.76    10.76    10.76    10.76    300.00  
03/08/2024
  10.81    10.81    10.81    10.81    700.00  
  10.62    10.64    10.62    10.64    400.00  
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Open Value
10.81
10.81
Closing Value
11.59
Upside

Plum Acquisition Trading Date Momentum on March 8, 2024

On March 11 2024 Plum Acquisition Corp was traded for  10.64  at the closing time. The top price for the day was 10.64  and the lowest listed price was  10.62 . The trading volume for the day was 400. The trading history from March 11, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.57% . The trading delta at closing time against the current closing price is 1.30% .

Plum Acquisition Corp Fundamentals Correlations and Trends

By evaluating Plum Acquisition'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 Plum Acquisition's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Plum financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Plum Acquisition Stock history

Plum Acquisition 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 Plum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Plum Acquisition Corp 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 Plum Acquisition stock prices may prove useful in developing a viable investing in Plum Acquisition
Last ReportedProjected for Next Year
Common Stock Shares Outstanding30.4 M27.4 M

Plum Acquisition Stock Technical Analysis

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

Plum Acquisition Period Price Range

Low
December 21, 2024
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Plum Acquisition Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Plum Acquisition December 21, 2024 Market Strength

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

Plum Acquisition Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Plum Acquisition's price direction in advance. Along with the technical and fundamental analysis of Plum Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Plum 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.
When determining whether Plum Acquisition Corp is a strong investment it is important to analyze Plum Acquisition's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Plum Acquisition's future performance. For an informed investment choice regarding Plum Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plum Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Financial Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Plum Acquisition. If investors know Plum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Plum Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.63)
Earnings Share
0.19
Return On Assets
(0)
The market value of Plum Acquisition Corp is measured differently than its book value, which is the value of Plum that is recorded on the company's balance sheet. Investors also form their own opinion of Plum Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Plum Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Plum Acquisition's market value can be influenced by many factors that don't directly affect Plum Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Plum Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plum Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plum Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.