Polarx (Australia) Performance
| PXX Stock | 0.01 0.0005 5.88% |
Polarx has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of -0.75, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Polarx are expected to decrease at a much lower rate. During the bear market, Polarx is likely to outperform the market. Polarx right now holds a risk of 8.12%. Please check Polarx kurtosis, day typical price, and the relationship between the potential upside and rate of daily change , to decide if Polarx will be following its historical price patterns.
Risk-Adjusted Performance
1 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Polarx are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Polarx may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
Last Split Factor 1:5 | Last Split Date 2017-08-03 |
1 | PolarX Sees Strong Shareholder Support at AGM - TipRanks | 11/21/2024 |
| Begin Period Cash Flow | 732 K |
Polarx |
Polarx Relative Risk vs. Return Landscape
If you would invest 0.90 in Polarx on September 14, 2024 and sell it today you would lose (0.10) from holding Polarx or give up 11.11% of portfolio value over 90 days. Polarx is generating 0.1472% of daily returns assuming 8.1192% volatility of returns over the 90 days investment horizon. Simply put, 72% of all stocks have less volatile historical return distribution than Polarx, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Polarx Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Polarx's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Polarx, and traders can use it to determine the average amount a Polarx's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0181
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | PXX |
| Negative Returns |
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.
Polarx Fundamentals Growth
Polarx Stock prices reflect investors' perceptions of the future prospects and financial health of Polarx, and Polarx fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Polarx Stock performance.
| Return On Equity | -0.31 | ||||
| Return On Asset | -0.19 | ||||
| Current Valuation | 17.44 M | ||||
| Shares Outstanding | 2.38 B | ||||
| Price To Book | 0.54 X | ||||
| Price To Sales | 166,285 X | ||||
| Revenue | 100 | ||||
| Gross Profit | 71 | ||||
| EBITDA | (11.79 M) | ||||
| Net Income | (11.81 M) | ||||
| Cash And Equivalents | 732.03 K | ||||
| Total Debt | 1.2 M | ||||
| Book Value Per Share | 0.02 X | ||||
| Cash Flow From Operations | (1.33 M) | ||||
| Earnings Per Share | (0.01) X | ||||
| Total Asset | 36.33 M | ||||
| Retained Earnings | (88.73 M) | ||||
About Polarx Performance
Assessing Polarx's fundamental ratios provides investors with valuable insights into Polarx's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Polarx is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Polarx is entity of Australia. It is traded as Stock on AU exchange.Things to note about Polarx performance evaluation
Checking the ongoing alerts about Polarx for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Polarx help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Polarx had very high historical volatility over the last 90 days | |
| Polarx has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 100. Net Loss for the year was (11.81 M) with profit before overhead, payroll, taxes, and interest of 71. | |
| Polarx has accumulated about 732.03 K in cash with (1.33 M) of positive cash flow from operations. | |
| Roughly 22.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: PolarX Sees Strong Shareholder Support at AGM - TipRanks |
- Analyzing Polarx's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Polarx's stock is overvalued or undervalued compared to its peers.
- Examining Polarx's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Polarx's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Polarx's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Polarx's stock. These opinions can provide insight into Polarx's potential for growth and whether the stock is currently undervalued or overvalued.
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.