Purecycle Stock Performance

PCTTU Stock  USD 7.90  0.10  1.25%   
The company holds a Beta of 0.7435, which implies possible diversification benefits within a given portfolio. Let's try to break down what Purecycle's beta means in this case. As returns on the market increase, Purecycle Technologies returns are expected to increase less than the market. However, during the bear market, the loss on holding Purecycle Technologies will be expected to be smaller as well. Even though it is essential to pay attention to Purecycle Technologies current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Our philosophy towards forecasting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Purecycle Technologies exposes twenty-one different technical indicators, which can help you to evaluate its performance. Purecycle Technologies has an expected return of -0.0553%. Please be advised to check Purecycle Technologies information ratio and downside variance to decide if Purecycle Technologies performance from the past will be repeated at some point in the near future.
  

Purecycle Performance

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Over the last 90 days Purecycle Technologies Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Purecycle Technologies is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Begin Period Cash Flow263.9 M
Free Cash Flow-352.7 M

Purecycle Technologies Relative Risk vs. Return Landscape

If you would invest  891.00  in Purecycle Technologies Holdings on December 26, 2022 and sell it today you would lose (101.00)  from holding Purecycle Technologies Holdings or give up 11.34% of portfolio value over 90 days. Purecycle Technologies Holdings is currently producing negative expected returns and takes up 5.3501% volatility of returns over 90 trading days. Put another way, 46% of traded stocks are less volatile than Purecycle, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days horizon Purecycle Technologies is expected to under-perform the market. In addition to that, the company is 5.63 times more volatile than its market benchmark. It trades about -0.01 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly -0.05 per unit of volatility.

Purecycle Technologies Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Purecycle Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Purecycle Technologies Holdings, and traders can use it to determine the average amount a Purecycle Technologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0103

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Negative ReturnsPCTTU

Estimated Market Risk

 5.35
  actual daily
 46 
54% of assets are more volatile
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Expected Return

 -0.06
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Risk-Adjusted Return

 -0.01
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Based on monthly moving average Purecycle Technologies is performing at about 0% 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 Purecycle Technologies by adding it to a well-diversified portfolio.

Purecycle Technologies Fundamentals Growth

Purecycle Stock prices reflect investors' perceptions of the future prospects and financial health of Purecycle Technologies, and Purecycle Technologies fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Purecycle Stock performance.

About Purecycle Technologies Performance

To evaluate Purecycle Technologies Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Purecycle Technologies generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Purecycle Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Purecycle Technologies market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Purecycle's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
PureCycle Technologies, Inc. produces recycled polypropylene . The company was founded in 2015 and is headquartered in Orlando, Florida. PureCycle Technologies operates under Pollution Treatment Controls classification in the United States and is traded on NASDAQ Exchange. It employs 119 people.

Things to note about Purecycle Technologies performance evaluation

Checking the ongoing alerts about Purecycle Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Purecycle Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Purecycle Technologies generated a negative expected return over the last 90 days
Purecycle Technologies has high historical volatility and very poor performance
Purecycle Technologies has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (84.75 M) with profit before overhead, payroll, taxes, and interest of 0.
Purecycle Technologies Holdings has accumulated about 349.83 M in cash with (65.48 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.14.
Latest headline from thelincolnianonline.com: Roth CH Acquisition I Shares Down 0.4
Evaluating Purecycle Technologies' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Purecycle Technologies' stock performance include:
  • Analyzing Purecycle Technologies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Purecycle Technologies' stock is overvalued or undervalued compared to its peers.
  • Examining Purecycle Technologies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Purecycle Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Purecycle Technologies' management team can help you assess the company's leadership.
  • Pay attention to analyst opinions and ratings of Purecycle Technologies' stock. These opinions can provide insight into Purecycle Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Purecycle Technologies' stock performance is not an exact science, and many factors can impact Purecycle Technologies' stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out Your Equity Center. For more information on how to buy Purecycle Stock please use our How to Invest in Purecycle Technologies guide. You can also try Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running Purecycle Technologies price analysis, check to measure Purecycle Technologies' 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 Purecycle Technologies is operating at the current time. Most of Purecycle Technologies' value examination focuses on studying past and present price action to predict the probability of Purecycle Technologies' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Purecycle Technologies' price. Additionally, you may evaluate how the addition of Purecycle Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Purecycle Technologies' 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 Purecycle Technologies. If investors know Purecycle 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 Purecycle Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.62) 
Return On Assets
(0.07) 
Return On Equity
(0.19) 
The market value of Purecycle Technologies is measured differently than its book value, which is the value of Purecycle that is recorded on the company's balance sheet. Investors also form their own opinion of Purecycle Technologies' value that differs from its market value or its book value, called intrinsic value, which is Purecycle Technologies' 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 Purecycle Technologies' market value can be influenced by many factors that don't directly affect Purecycle Technologies' 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 Purecycle Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine Purecycle Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Purecycle Technologies' 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.