Is Polar Power Stock a Good Investment?
Polar Power Investment Advice | POLA |
- Examine Polar Power's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Polar Power's leadership team and their track record. Good management can help Polar Power navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Heavy Electrical Equipment space and any emerging trends that could impact Polar Power's business and its evolving consumer preferences.
- Compare Polar Power's performance and market position to its competitors. Analyze how Polar Power is positioned in terms of product offerings, innovation, and market share.
- Check if Polar Power pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Polar Power's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Polar Power stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Polar Power is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Relatively risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Polar Power Stock
Researching Polar Power's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 32.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.6. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Polar Power recorded a loss per share of 0.49. The entity had not issued any dividends in recent years.
To determine if Polar Power is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Polar Power's research are outlined below:
| Polar Power had very high historical volatility over the last 90 days | |
| Polar Power has some characteristics of a very speculative penny stock | |
| Polar Power has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 15.29 M. Net Loss for the year was (6.55 M) with profit before overhead, payroll, taxes, and interest of 3.44 M. | |
| Polar Power currently holds about 2.66 M in cash with (3.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.21. | |
| Roughly 32.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Polar Power, Inc. Sees Significant Decline in Short Interest - Defense World |
Polar Power Quarterly Accounts Payable |
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Polar Power uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Polar Power. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Polar Power's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Earnings surprises can significantly impact Polar Power's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Polar Power's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2021-08-16 | 2021-06-30 | -0.06 | -0.07 | -0.01 | 16 | ||
2018-08-09 | 2018-06-30 | 0.01 | 0.02 | 0.01 | 100 | ||
2017-04-28 | 2017-03-31 | 0.07 | 0.06 | -0.01 | 14 | ||
2018-05-14 | 2018-03-31 | -0.01 | -0.03 | -0.02 | 200 | ||
2019-05-15 | 2019-03-31 | -0.02 | 0.01 | 0.03 | 150 | ||
2019-11-12 | 2019-09-30 | 0.04 | 0.0048 | -0.0352 | 88 | ||
2019-03-26 | 2018-12-31 | 0.05 | 4.0E-4 | -0.0496 | 99 | ||
2020-06-29 | 2020-03-31 | -0.07 | -0.02 | 0.05 | 71 |
Know Polar Power's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Polar Power is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Polar Power backward and forwards among themselves. Polar Power's institutional investor refers to the entity that pools money to purchase Polar Power's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 987 | Bank Of America Corp | 2023-12-31 | 314 | Fmr Inc | 2023-12-31 | 162 | Wells Fargo & Co | 2023-12-31 | 56.0 | Qube Research & Technologies | 2023-12-31 | 50.0 | Royal Bank Of Canada | 2023-12-31 | 48.0 | Jpmorgan Chase & Co | 2023-12-31 | 18.0 | Visionpoint Advisory Group, Llc | 2023-12-31 | 10.0 | Baird Financial Group, Inc. | 2023-09-30 | 0.0 | Bard Associates Inc | 2023-12-31 | 2.8 M | Vanguard Group Inc | 2023-12-31 | 236.2 K |
Polar Power's market capitalization trends
The company currently falls under 'Nano-Cap' category with a current market capitalization of 6.59 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Polar Power's market, we take the total number of its shares issued and multiply it by Polar Power's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Polar Power's profitablity analysis
Polar Power's profitability indicators refer to fundamental financial ratios that showcase Polar Power's ability to generate income relative to its revenue or operating costs. If, let's say, Polar Power is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Polar Power's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Polar Power's profitability requires more research than a typical breakdown of Polar Power's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.26) | (0.25) | |
| Return On Capital Employed | (0.40) | (0.38) | |
| Return On Assets | (0.26) | (0.25) | |
| Return On Equity | (0.50) | (0.47) |
Determining Polar Power's profitability involves analyzing its financial statements and using various financial metrics to determine if Polar Power is a good buy. For example, gross profit margin measures Polar Power's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Polar Power's profitability and make more informed investment decisions.
The data published in Polar Power's official financial statements usually reflect Polar Power's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Polar Power. For example, before you start analyzing numbers published by Polar accountants, it's critical to develop an understanding of what Polar Power's liquidity, profitability, and earnings quality are in the context of the Electrical Equipment space in which it operates.
Please note, the presentation of Polar Power's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Polar Power's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Polar Power's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Polar Power. Please utilize our Beneish M Score to check the likelihood of Polar Power's management manipulating its earnings.
Evaluate Polar Power's management efficiency
Polar Power has return on total asset (ROA) of (0.1514) % which means that it has lost $0.1514 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.4175) %, meaning that it created substantial loss on money invested by shareholders. Polar Power's management efficiency ratios could be used to measure how well Polar Power manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.25. The current year's Return On Capital Employed is expected to grow to -0.38. The current year's Asset Turnover is expected to grow to 1.00, whereas Total Assets are forecasted to decline to about 22.2 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.99 | 1.21 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 0.99 | 1.21 | |
| Enterprise Value Over EBITDA | (2.21) | (2.10) | |
| Price Book Value Ratio | 0.41 | 0.39 | |
| Enterprise Value Multiple | (2.21) | (2.10) | |
| Price Fair Value | 0.41 | 0.39 | |
| Enterprise Value | 12.4 M | 11.8 M |
The analysis of Polar Power's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Polar Power's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Polar Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 0.846 |
Basic technical analysis of Polar Stock
As of the 2nd of May, Polar Power holds the Risk Adjusted Performance of 0.0235, coefficient of variation of 4392.93, and Semi Deviation of 6.07. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Polar Power, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Polar Power, which can be compared to its competitors. Please check Polar Power jensen alpha and the relationship between the value at risk and kurtosis to decide if Polar Power is priced some-what accurately, providing market reflects its current price of 0.39 per share. As Polar Power appears to be a penny stock we also advise to check out its total risk alpha numbers.Understand Polar Power's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Polar Power's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0235 | |||
| Market Risk Adjusted Performance | 0.2045 | |||
| Mean Deviation | 4.54 | |||
| Semi Deviation | 6.07 | |||
| Downside Deviation | 7.17 | |||
| Coefficient Of Variation | 4392.93 | |||
| Standard Deviation | 5.96 | |||
| Variance | 35.49 | |||
| Information Ratio | 0.0128 | |||
| Jensen Alpha | 0.0937 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0106 | |||
| Treynor Ratio | 0.1945 | |||
| Maximum Drawdown | 32.54 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 8.33 | |||
| Downside Variance | 51.44 | |||
| Semi Variance | 36.83 | |||
| Expected Short fall | (4.68) | |||
| Skewness | (0.08) | |||
| Kurtosis | 0.7937 |
| Risk Adjusted Performance | 0.0235 | |||
| Market Risk Adjusted Performance | 0.2045 | |||
| Mean Deviation | 4.54 | |||
| Semi Deviation | 6.07 | |||
| Downside Deviation | 7.17 | |||
| Coefficient Of Variation | 4392.93 | |||
| Standard Deviation | 5.96 | |||
| Variance | 35.49 | |||
| Information Ratio | 0.0128 | |||
| Jensen Alpha | 0.0937 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0106 | |||
| Treynor Ratio | 0.1945 | |||
| Maximum Drawdown | 32.54 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 8.33 | |||
| Downside Variance | 51.44 | |||
| Semi Variance | 36.83 | |||
| Expected Short fall | (4.68) | |||
| Skewness | (0.08) | |||
| Kurtosis | 0.7937 |
Consider Polar Power's intraday indicators
Polar Power intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Polar Power stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Polar Power time-series forecasting models is one of many Polar Power's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Polar Power's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Polar Stock media impact
Far too much social signal, news, headlines, and media speculation about Polar Power that are available to investors today. That information is available publicly through Polar media outlets and privately through word of mouth or via Polar internal channels. However, regardless of the origin, that massive amount of Polar data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Polar Power news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Polar Power relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Polar Power's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Polar Power alpha.
Polar Power Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Polar Power can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Polar Power without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Polar Stock?
To provide specific investment advice or recommendations on Polar Power stock, we recommend investors consider the following general factors when evaluating Polar Power. This will help you to make an informed decision on whether to include Polar Power in one of your diversified portfolios:- Examine Polar Power's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Polar Power's leadership team and their track record. Good management can help Polar Power navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Heavy Electrical Equipment space and any emerging trends that could impact Polar Power's business and its evolving consumer preferences.
- Compare Polar Power's performance and market position to its competitors. Analyze how Polar Power is positioned in terms of product offerings, innovation, and market share.
- Check if Polar Power pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Polar Power's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Polar Power stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Polar Power is a good investment.
Already Invested in Polar Power?
The danger of trading Polar Power is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Polar Power is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Polar Power. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Polar Power is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Polar Power offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Polar Power's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Polar Power Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Polar Power Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polar Power. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Polar Stock refer to our How to Trade Polar Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Polar Stock analysis
When running Polar Power's price analysis, check to measure Polar Power'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 Polar Power is operating at the current time. Most of Polar Power's value examination focuses on studying past and present price action to predict the probability of Polar Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Polar Power's price. Additionally, you may evaluate how the addition of Polar Power to your portfolios can decrease your overall portfolio volatility.
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Is Polar Power's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Polar Power. If investors know Polar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Polar Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.49) | Revenue Per Share 1.151 | Quarterly Revenue Growth (0.43) | Return On Assets (0.15) | Return On Equity (0.42) |
The market value of Polar Power is measured differently than its book value, which is the value of Polar that is recorded on the company's balance sheet. Investors also form their own opinion of Polar Power's value that differs from its market value or its book value, called intrinsic value, which is Polar Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Polar Power's market value can be influenced by many factors that don't directly affect Polar Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Polar Power's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Polar Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Polar Power'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.