Polight ASA (Norway) Buy Hold or Sell Recommendation

PLT Stock   3.84  0.14  3.78%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Polight ASA is 'Strong Sell'. Macroaxis provides Polight ASA buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PLT positions. The advice algorithm takes into account all of Polight ASA's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Polight ASA's buy or sell advice are summarized below:
Real Value
3.69
Hype Value
3.84
Market Value
3.84
Naive Value
4.44
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Polight ASA given historical horizon and risk tolerance towards Polight ASA. When Macroaxis issues a 'buy' or 'sell' recommendation for Polight ASA, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Polight ASA Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Polight and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Polight ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Execute Polight ASA Buy or Sell Advice

The Polight recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Polight ASA. Macroaxis does not own or have any residual interests in Polight ASA or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Polight ASA's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Polight ASABuy Polight ASA
Strong Sell

Market Performance

Very WeakDetails

Volatility

DangerousDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

Quite HighDetails

Economic Sensitivity

Follows the market closelyDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Polight ASA has a Mean Deviation of 5.33, Standard Deviation of 8.63 and Variance of 74.52
We provide trade recommendations to complement the recent expert consensus on Polight ASA. Our dynamic recommendation engine exercises a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time. To make sure Polight ASA is not overpriced, please check all Polight ASA fundamentals, including its revenue, book value per share, total asset, as well as the relationship between the net income and number of employees .

Polight ASA Trading Alerts and Improvement Suggestions

Polight ASA generated a negative expected return over the last 90 days
Polight ASA has high historical volatility and very poor performance
Polight ASA has high likelihood to experience some financial distress in the next 2 years
The company reported the revenue of 10.03 M. Net Loss for the year was (53.39 M) with profit before overhead, payroll, taxes, and interest of 6.18 M.
Polight ASA has accumulated about 1 K in cash with (49.55 M) of positive cash flow from operations.
Roughly 19.0% of the company outstanding shares are owned by corporate insiders

Polight ASA Returns Distribution Density

The distribution of Polight ASA's historical returns is an attempt to chart the uncertainty of Polight ASA's future price movements. The chart of the probability distribution of Polight ASA daily returns describes the distribution of returns around its average expected value. We use Polight ASA price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Polight ASA returns is essential to provide solid investment advice for Polight ASA.
Mean Return
-2
Value At Risk
-12.41
Potential Upside
5.41
Standard Deviation
8.63
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Polight ASA historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Polight ASA Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Polight ASA or Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Polight ASA's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Polight stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-2.35
β
Beta against NYSE Composite2.71
σ
Overall volatility
8.74
Ir
Information ratio -0.25

Polight ASA Volatility Alert

Polight ASA is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Polight ASA's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Polight ASA's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Polight ASA Fundamentals Vs Peers

Comparing Polight ASA's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Polight ASA's direct or indirect competition across all of the common fundamentals between Polight ASA and the related equities. This way, we can detect undervalued stocks with similar characteristics as Polight ASA or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Polight ASA's fundamental indicators could also be used in its relative valuation, which is a method of valuing Polight ASA by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Polight ASA to competition
FundamentalsPolight ASAPeer Average
Return On Equity-0.32-0.31
Return On Asset-0.18-0.14
Operating Margin(4.58) %(5.51) %
Current Valuation875 M16.62 B
Shares Outstanding51.93 M571.82 M
Shares Owned By Insiders18.61 %10.09 %
Shares Owned By Institutions33.22 %39.21 %
Price To Book5.87 X9.51 X
Price To Sales69.64 X11.42 X
Revenue10.03 M9.43 B
Gross Profit6.18 M27.38 B
EBITDA(41.26 M)3.9 B
Net Income(53.39 M)570.98 M
Cash And Equivalents1 K2.7 B
Total Debt3.93 M5.32 B
Book Value Per Share3.21 X1.93 K
Cash Flow From Operations(49.55 M)971.22 M
Earnings Per Share(1.05) X3.12 X
Number Of Employees2118.84 K
Beta1.33-0.15
Market Capitalization1.28 B19.03 B
Total Asset238.69 M29.47 B
Net Asset238.69 M

Polight ASA Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Polight . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Polight ASA Buy or Sell Advice

When is the right time to buy or sell Polight ASA? Buying financial instruments such as Polight Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Polight ASA in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Industrials ETFs Thematic Idea Now

Industrials ETFs
Industrials ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Industrials ETFs theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Industrials ETFs Theme or any other thematic opportunities.
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Check out Polight ASA Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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Please note, there is a significant difference between Polight ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Polight ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Polight ASA'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.