Polypid Stock Price on May 19, 2024
| PYPD Stock | USD 4.50 0.01 0.22% |
If you're considering investing in PolyPid Stock, it is important to understand the factors that can impact its price. As of today, the current price of PolyPid stands at 4.50, as last reported on the 2nd of June, with the highest price reaching 4.50 and the lowest price hitting 4.50 during the day. PolyPid maintains Sharpe Ratio (i.e., Efficiency) of -0.0416, which implies the firm had a -0.0416% return per unit of risk over the last 3 months. PolyPid exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PolyPid's Risk Adjusted Performance of (0.03), coefficient of variation of (1,672), and Variance of 24.98 to confirm the risk estimate we provide.
At present, PolyPid's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 248 M, whereas Common Stock Total Equity is forecasted to decline to about 95.7 K. . The current year's Price Earnings To Growth Ratio is expected to grow to 0, whereas Price Earnings Ratio is forecasted to decline to (0.23). PolyPid Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PolyPid |
Sharpe Ratio = -0.0416
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PYPD |
Estimated Market Risk
| 4.6 actual daily | 40 60% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PolyPid is not performing at its full potential. However, 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 PolyPid by adding PolyPid to a well-diversified portfolio.
Price Book 9.2026 | Book Value 1.489 | Enterprise Value 18.5 M | Enterprise Value Ebitda (1.40) | Shares Float 1.7 M |
Related Headline
INmune Bio Headline on 17th of May 2024
Acquisition by Tesi Raymond Joseph of 18028 shares of INmune... by MacroaxisInsider
Filed transaction by INmune Bio Director, 10 Percent Owner, Officer President And Ceo. Grant, award or other acquisition pursuant to Rule 16b-3
PolyPid Valuation on May 19, 2024
It is possible to determine the worth of PolyPid on a given historical date. On May 19, 2024 PolyPid was worth 4.53 at the beginning of the trading date compared to the closed value of 4.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PolyPid stock. Still, in general, we apply an absolute valuation method to find PolyPid's 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 PolyPid where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PolyPid's related companies.
| Open | High | Low | Close | Volume | |
| 4.59 | 4.60 | 4.24 | 4.44 | 4,631 | |
05/17/2024 | 4.53 | 4.53 | 4.14 | 4.32 | 9,200 |
| 4.43 | 4.43 | 4.43 | 4.43 | 285.00 |
| Backtest PolyPid | | | PolyPid History | | | PolyPid Valuation | Previous | Next |
PolyPid Trading Date Momentum on May 19, 2024
| On May 20 2024 PolyPid was traded for 4.43 at the closing time. The top price for the day was 4.43 and the lowest listed price was 4.43 . The trading volume for the day was 285. The trading history from May 20, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 2.55% . The trading delta at closing time against the current closing price is 5.09% . |
PolyPid Fundamentals Correlations and Trends
By evaluating PolyPid's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among PolyPid's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PolyPid financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PolyPid Stock history
PolyPid 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 PolyPid is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PolyPid 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 PolyPid stock prices may prove useful in developing a viable investing in PolyPid
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.4 M | 1.5 M | |
| Net Loss | -35.6 M | -37.4 M |
PolyPid Stock Technical Analysis
PolyPid 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.
Price Boundaries
PolyPid Period Price Range
Low | May 17, 2024
| High |
4.53 | 4.32 |
PolyPid June 2, 2024 Market Strength
Market strength indicators help investors to evaluate how PolyPid stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PolyPid shares will generate the highest return on investment. By undertsting and applying PolyPid stock market strength indicators, traders can identify PolyPid entry and exit signals to maximize returns
PolyPid Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PolyPid's price direction in advance. Along with the technical and fundamental analysis of PolyPid Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PolyPid 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.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | 205.9 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PolyPid. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For information on how to trade PolyPid Stock refer to our How to Trade PolyPid Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for PolyPid Stock analysis
When running PolyPid's price analysis, check to measure PolyPid'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 PolyPid is operating at the current time. Most of PolyPid's value examination focuses on studying past and present price action to predict the probability of PolyPid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PolyPid's price. Additionally, you may evaluate how the addition of PolyPid to your portfolios can decrease your overall portfolio volatility.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |
Is PolyPid'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 PolyPid. If investors know PolyPid 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 PolyPid listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (9.89) | Return On Assets (0.51) | Return On Equity (2.61) |
The market value of PolyPid is measured differently than its book value, which is the value of PolyPid that is recorded on the company's balance sheet. Investors also form their own opinion of PolyPid's value that differs from its market value or its book value, called intrinsic value, which is PolyPid'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 PolyPid's market value can be influenced by many factors that don't directly affect PolyPid's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PolyPid's value and its price as these two are different measures arrived at by different means. Investors typically determine if PolyPid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PolyPid'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.