Playstudios Stock Price on November 1, 2024

MYPS Stock  USD 2.00  0.12  5.66%   
If you're considering investing in Playstudios Stock, it is important to understand the factors that can impact its price. As of today, the current price of Playstudios stands at 2.00, as last reported on the 25th of December, with the highest price reaching 2.15 and the lowest price hitting 1.98 during the day. Playstudios appears to be risky, given 3 months investment horizon. Playstudios maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. By analyzing Playstudios' technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please evaluate Playstudios' Semi Deviation of 2.84, risk adjusted performance of 0.1211, and Coefficient Of Variation of 705.32 to confirm if our risk estimates are consistent with your expectations.
  
Common Stock Shares Outstanding is likely to gain to about 133.2 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 180.3 M in 2024. . Price To Sales Ratio is likely to drop to 1.10 in 2024. Price Earnings Ratio is likely to gain to -17.65 in 2024. Playstudios Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1426

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Estimated Market Risk

 3.67
  actual daily
32
68% of assets are more volatile

Expected Return

 0.52
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
11
89% of assets perform better
Based on monthly moving average Playstudios is performing at about 11% 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 Playstudios by adding it to a well-diversified portfolio.
Price Book
0.9404
Enterprise Value Ebitda
3.8849
Price Sales
0.8347
Shares Float
104.7 M
Wall Street Target Price
3.5

Playstudios Main Headline on 1st of November 2024

PLAYSTUDIOS Inc is set to release its Q3 2024 earnings on Nov 4, 2024. The consensus estimate for Q3 2024 revenue is 68.36 million, and the earnings are

Playstudios Valuation on November 1, 2024

It is possible to determine the worth of Playstudios on a given historical date. On November 1, 2024 Playstudios was worth 1.33 at the beginning of the trading date compared to the closed value of 1.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Playstudios stock. Still, in general, we apply an absolute valuation method to find Playstudios' 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 Playstudios where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Playstudios' related companies.
 Open High Low Close Volume
  1.40    1.44    1.32    1.33    131,771  
11/01/2024
  1.33    1.40    1.33    1.37    190,857  
  1.35    1.43    1.35    1.38    208,020  
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Open Value
1.33
1.37
Closing Value
12.34
Upside

Playstudios Trading Date Momentum on November 1, 2024

On November 04 2024 Playstudios was traded for  1.38  at the closing time. The top price for the day was 1.43  and the lowest listed price was  1.35 . The trading volume for the day was 208 K. The trading history from November 4, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 0.73% . The trading delta at closing time against the current closing price is 12.41% .

Playstudios Fundamentals Correlations and Trends

By evaluating Playstudios' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Playstudios' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Playstudios financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Playstudios Stock history

Playstudios 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 Playstudios is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Playstudios 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 Playstudios stock prices may prove useful in developing a viable investing in Playstudios
Last ReportedProjected for Next Year
Common Stock Shares Outstanding133 M133.2 M
Net Loss-16 M-15.2 M

Playstudios Quarterly Net Working Capital

111.51 Million

Playstudios Stock Technical Analysis

Playstudios 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.
A focus of Playstudios technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Playstudios trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Playstudios Period Price Range

Low
December 25, 2024
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High

 0.00 

     

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Playstudios cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Playstudios December 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Playstudios stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Playstudios shares will generate the highest return on investment. By undertsting and applying Playstudios stock market strength indicators, traders can identify Playstudios entry and exit signals to maximize returns

Playstudios Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Playstudios' price direction in advance. Along with the technical and fundamental analysis of Playstudios Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Playstudios 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.

Additional Tools for Playstudios Stock Analysis

When running Playstudios' price analysis, check to measure Playstudios' 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 Playstudios is operating at the current time. Most of Playstudios' value examination focuses on studying past and present price action to predict the probability of Playstudios' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Playstudios' price. Additionally, you may evaluate how the addition of Playstudios to your portfolios can decrease your overall portfolio volatility.