Pha Le (Vietnam) Price on October 9, 2024
| PLP Stock | 4,640 40.00 0.85% |
If you're considering investing in Pha Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pha Le stands at 4,640, as last reported on the 14th of December 2024, with the highest price reaching 4,670 and the lowest price hitting 4,470 during the day. Pha Le Plastics maintains Sharpe Ratio (i.e., Efficiency) of -0.0306, which implies the firm had a -0.0306% return per unit of risk over the last 3 months. Pha Le Plastics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pha Le's Coefficient Of Variation of (2,671), risk adjusted performance of (0.02), and Variance of 3.0 to confirm the risk estimate we provide.
Pha Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Pha |
Sharpe Ratio = -0.0306
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| Negative Returns | PLP |
Estimated Market Risk
| 1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pha Le is not performing at its full potential. However, 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 Pha Le by adding Pha Le to a well-diversified portfolio.
Pha Le Valuation on October 9, 2024
It is possible to determine the worth of Pha Le on a given historical date. On October 9, 2024 Pha was worth 4820.0 at the beginning of the trading date compared to the closed value of 4800.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pha Le stock. Still, in general, we apply an absolute valuation method to find Pha Le'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 Pha Le where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pha Le's related companies.
| Open | High | Low | Close | Volume | |
| 4,770 | 4,800 | 4,670 | 4,800 | 11,600 | |
10/09/2024 | 4,820 | 4,820 | 4,660 | 4,800 | 3,200 |
| 4,800 | 4,800 | 4,710 | 4,730 | 7,100 |
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Pha Le Trading Date Momentum on October 9, 2024
| On October 10 2024 Pha Le Plastics was traded for 4,730 at the closing time. The maximum traded price for the trading interval was 4,800 and the lowest daily price was 4,710 . The daily volume was recorded at 7.1 K. The volume of trading on 10th of October 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.46% . The trading delta at closing time to the closing price today is 5.42% . |
About Pha Le Stock history
Pha Le 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 Pha is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pha Le Plastics 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 Pha Le stock prices may prove useful in developing a viable investing in Pha Le
Pha Le Stock Technical Analysis
Pha Le 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.
Price Boundaries
Pha Le Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Pha Le Plastics cannot be verified against its exchange. Please verify the symbol is currently traded on Vietnam Stocks. 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.
Pha Le December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Pha Le stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pha Le shares will generate the highest return on investment. By undertsting and applying Pha Le stock market strength indicators, traders can identify Pha Le Plastics entry and exit signals to maximize returns
Pha Le Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pha Le's price direction in advance. Along with the technical and fundamental analysis of Pha Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pha 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.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 0.3042 |
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Other Information on Investing in Pha Stock
Pha Le financial ratios help investors to determine whether Pha 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 Pha with respect to the benefits of owning Pha Le security.