Polarx (Australia) Price on March 27, 2024
| PXX Stock | 0.01 0.0005 5.88% |
Below is the normalized historical share price chart for Polarx extending back to January 14, 2013. 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 Polarx stands at 0.01, as last reported on the 13th of December 2024, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day.
If you're considering investing in Polarx Stock, it is important to understand the factors that can impact its price. Currently, Polarx is out of control. Polarx maintains Sharpe Ratio (i.e., Efficiency) of 0.0181, which implies the firm had a 0.0181% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Polarx, which you can use to evaluate the volatility of the company. Please check Polarx's Variance of 65.45, coefficient of variation of (92,610), and Risk Adjusted Performance of 0.0083 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
At this time, Polarx's Common Stock Shares Outstanding is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 58.8 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 24.9 M in 2024. . Polarx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0109 | 50 Day MA 0.0083 | Beta 1.63 |
Polarx |
Sharpe Ratio = 0.0181
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Estimated Market Risk
| 8.12 actual daily | 72 72% of assets are less volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Polarx is performing at about 1% 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 Polarx by adding it to a well-diversified portfolio.
Price Book 0.541 | Book Value 0.017 | Enterprise Value 17.4 M | Enterprise Value Ebitda (18.22) | Price Sales 166.3 K |
Polarx Valuation on March 27, 2024
It is possible to determine the worth of Polarx on a given historical date. On March 27, 2024 Polarx was worth 0.013 at the beginning of the trading date compared to the closed value of 0.013. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Polarx stock. Still, in general, we apply an absolute valuation method to find Polarx'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 Polarx where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Polarx's related companies.
| Open | High | Low | Close | Volume | |
| 0.01 | 0.01 | 0.01 | 0.01 | 479,045 | |
03/27/2024 | 0.01 | 0.01 | 0.01 | 0.01 | 138,000 |
| 0.01 | 0.01 | 0.01 | 0.01 | 226,667 |
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Polarx Trading Date Momentum on March 27, 2024
| On March 28 2024 Polarx was traded for 0.01 at the closing time. The maximum traded price for the trading interval was 0.01 and the lowest daily price was 0.01 . The daily volume was recorded at 226.7 K. The volume of trading on 28th of March 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.00% . |
Polarx Fundamentals Correlations and Trends
By evaluating Polarx'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 Polarx's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Polarx financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Polarx Stock history
Polarx 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 Polarx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Polarx 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 Polarx stock prices may prove useful in developing a viable investing in Polarx
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.7 B | 1.8 B | |
| Net Loss | -1.8 M | -1.9 M |
Polarx Quarterly Net Working Capital |
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Polarx Stock Technical Analysis
Polarx 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
Polarx Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Polarx cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Polarx December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Polarx stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Polarx shares will generate the highest return on investment. By undertsting and applying Polarx stock market strength indicators, traders can identify Polarx entry and exit signals to maximize returns
Polarx Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Polarx's price direction in advance. Along with the technical and fundamental analysis of Polarx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Polarx 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 | 0.0083 | |||
| Jensen Alpha | 0.0581 | |||
| Total Risk Alpha | (1.15) | |||
| Treynor Ratio | 0.0248 |
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Additional Tools for Polarx Stock Analysis
When running Polarx's price analysis, check to measure Polarx'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 Polarx is operating at the current time. Most of Polarx's value examination focuses on studying past and present price action to predict the probability of Polarx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Polarx's price. Additionally, you may evaluate how the addition of Polarx to your portfolios can decrease your overall portfolio volatility.