Polestar Automotive Holding Stock Performance
PSNY Stock | USD 1.34 0.03 2.19% |
The company holds a Beta of 0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, Polestar Automotive's returns are expected to increase less than the market. However, during the bear market, the loss of holding Polestar Automotive is expected to be smaller as well. Polestar Automotive has an expected return of -0.31%. Please make sure to check Polestar Automotive total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Polestar Automotive performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Polestar Automotive Holding has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's basic indicators remain fairly strong which may send shares a bit higher in June 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
1 | ADRs Close Lower, Polestar Automotive Holding UK PLC Wt Declines 35.3 percent - Morningstar | 02/13/2024 |
2 | Why Polestar Stock Rocketed Higher Today - The Globe and Mail | 04/04/2024 |
3 | Polestar Announces Global Volumes for the First Quarter Growing Line-Up of Luxury SUVs to Drive Revenue and Margin Progression | 04/11/2024 |
4 | Polestar Automotive Holding UK Shares Up 5.3 percent - MarketBeat | 04/18/2024 |
5 | Polestar Automotive Holding UK PLC Receives Consensus Rating of Hold from Analysts - Defense World | 04/23/2024 |
6 | Take Care Before Jumping Onto Polestar Automotive Holding UK PLC Even Though Its 25 percent Cheaper | 04/25/2024 |
7 | Polestar and StoreDot Successfully Charge Polestar 5 Prototype From 10-80 percent in 10 Minutes | 04/29/2024 |
8 | Polestar delays release of FY 2023 results for a second time | 04/30/2024 |
9 | Stock Market Crash Warning Dont Get Caught Holding These 3 EV Stocks | 05/02/2024 |
Begin Period Cash Flow | 988.3 M |
Polestar |
Polestar Automotive Relative Risk vs. Return Landscape
If you would invest 179.00 in Polestar Automotive Holding on February 7, 2024 and sell it today you would lose (45.00) from holding Polestar Automotive Holding or give up 25.14% of portfolio value over 90 days. Polestar Automotive Holding is currently does not generate positive expected returns and assumes 5.7194% risk (volatility on return distribution) over the 90 days horizon. In different words, 50% of stocks are less volatile than Polestar, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
Risk |
Polestar Automotive Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Polestar Automotive's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Polestar Automotive Holding, and traders can use it to determine the average amount a Polestar Automotive's 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 = -0.0544
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Estimated Market Risk
5.72 actual daily | 50 50% of assets are less volatile |
Expected Return
-0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Polestar Automotive 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 Polestar Automotive by adding Polestar Automotive to a well-diversified portfolio.
Polestar Automotive Fundamentals Growth
Polestar Stock prices reflect investors' perceptions of the future prospects and financial health of Polestar Automotive, and Polestar Automotive 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 Polestar Stock performance.
Return On Equity | -3.98 | ||||
Return On Asset | -0.15 | ||||
Profit Margin | (0.26) % | ||||
Operating Margin | (0.43) % | ||||
Current Valuation | 4.85 B | ||||
Shares Outstanding | 2.11 B | ||||
Price To Earning | 3.43 X | ||||
Price To Book | 92.75 X | ||||
Price To Sales | 1.09 X | ||||
Revenue | 2.83 B | ||||
Gross Profit | 119.44 M | ||||
EBITDA | (882.8 M) | ||||
Net Income | (730.84 M) | ||||
Cash And Equivalents | 1.38 B | ||||
Cash Per Share | 0.65 X | ||||
Total Debt | 1.45 B | ||||
Debt To Equity | 9.25 % | ||||
Current Ratio | 0.73 X | ||||
Book Value Per Share | (0.30) X | ||||
Cash Flow From Operations | (1.39 B) | ||||
Earnings Per Share | (0.35) X | ||||
Market Capitalization | 2.83 B | ||||
Total Asset | 3.94 B | ||||
Retained Earnings | (3.74 B) | ||||
Working Capital | (1.07 B) | ||||
About Polestar Automotive Performance
To evaluate Polestar Automotive 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 Polestar Automotive 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 Polestar 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 Polestar Automotive market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Polestar'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.Last Reported | Projected for Next Year | ||
Days Of Inventory On Hand | 117.89 | 204.88 | |
Return On Tangible Assets | (0.16) | (0.17) | |
Return On Capital Employed | (1.52) | (1.60) | |
Return On Assets | (0.12) | (0.14) | |
Return On Equity | 3.14 | 3.30 |
Things to note about Polestar Automotive performance evaluation
Checking the ongoing alerts about Polestar Automotive for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Polestar Automotive help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Polestar Automotive generated a negative expected return over the last 90 days | |
Polestar Automotive has high historical volatility and very poor performance | |
Polestar Automotive may become a speculative penny stock | |
Polestar Automotive has high likelihood to experience some financial distress in the next 2 years | |
The company currently holds 1.45 B in liabilities with Debt to Equity (D/E) ratio of 9.25, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Polestar Automotive has a current ratio of 0.72, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Polestar Automotive until it has trouble settling it off, either with new capital or with free cash flow. So, Polestar Automotive's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Polestar Automotive sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Polestar to invest in growth at high rates of return. When we think about Polestar Automotive's use of debt, we should always consider it together with cash and equity. | |
The entity reported the previous year's revenue of 2.83 B. Net Loss for the year was (730.84 M) with profit before overhead, payroll, taxes, and interest of 119.44 M. | |
Polestar Automotive Holding currently holds about 1.38 B in cash with (1.39 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.65. | |
Polestar Automotive has a frail financial position based on the latest SEC disclosures | |
Roughly 48.0% of Polestar Automotive outstanding shares are owned by corporate insiders | |
Latest headline from investorplace.com: Stock Market Crash Warning Dont Get Caught Holding These 3 EV Stocks |
- Analyzing Polestar Automotive's 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 Polestar Automotive's stock is overvalued or undervalued compared to its peers.
- Examining Polestar Automotive's 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 Polestar Automotive's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Polestar Automotive's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Polestar Automotive's stock. These opinions can provide insight into Polestar Automotive's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polestar Automotive Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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When running Polestar Automotive's price analysis, check to measure Polestar Automotive'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 Polestar Automotive is operating at the current time. Most of Polestar Automotive's value examination focuses on studying past and present price action to predict the probability of Polestar Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Polestar Automotive's price. Additionally, you may evaluate how the addition of Polestar Automotive to your portfolios can decrease your overall portfolio volatility.
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Is Polestar Automotive'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 Polestar Automotive. If investors know Polestar 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 Polestar Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.35) | Revenue Per Share 1.341 | Quarterly Revenue Growth 0.408 | Return On Assets (0.15) | Return On Equity (3.98) |
The market value of Polestar Automotive is measured differently than its book value, which is the value of Polestar that is recorded on the company's balance sheet. Investors also form their own opinion of Polestar Automotive's value that differs from its market value or its book value, called intrinsic value, which is Polestar Automotive'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 Polestar Automotive's market value can be influenced by many factors that don't directly affect Polestar Automotive'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 Polestar Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Polestar Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Polestar Automotive'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.