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.
Polight |
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
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
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 Composite | 2.71 | |
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 |
Fundamentals | Polight ASA | Peer Average |
Return On Equity | -0.32 | -0.31 |
Return On Asset | -0.18 | -0.14 |
Operating Margin | (4.58) % | (5.51) % |
Current Valuation | 875 M | 16.62 B |
Shares Outstanding | 51.93 M | 571.82 M |
Shares Owned By Insiders | 18.61 % | 10.09 % |
Shares Owned By Institutions | 33.22 % | 39.21 % |
Price To Book | 5.87 X | 9.51 X |
Price To Sales | 69.64 X | 11.42 X |
Revenue | 10.03 M | 9.43 B |
Gross Profit | 6.18 M | 27.38 B |
EBITDA | (41.26 M) | 3.9 B |
Net Income | (53.39 M) | 570.98 M |
Cash And Equivalents | 1 K | 2.7 B |
Total Debt | 3.93 M | 5.32 B |
Book Value Per Share | 3.21 X | 1.93 K |
Cash Flow From Operations | (49.55 M) | 971.22 M |
Earnings Per Share | (1.05) X | 3.12 X |
Number Of Employees | 21 | 18.84 K |
Beta | 1.33 | -0.15 |
Market Capitalization | 1.28 B | 19.03 B |
Total Asset | 238.69 M | 29.47 B |
Net Asset | 238.69 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.Did You Try This Idea?
Run Industrials ETFs Thematic Idea Now
Industrials ETFs
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.
Complementary Tools for Polight Stock analysis
When running Polight ASA's price analysis, check to measure Polight ASA'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 Polight ASA is operating at the current time. Most of Polight ASA's value examination focuses on studying past and present price action to predict the probability of Polight ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Polight ASA's price. Additionally, you may evaluate how the addition of Polight ASA to your portfolios can decrease your overall portfolio volatility.
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