Preformed Line Products Stock Price on December 31, 2023
| PLPC Stock | USD 131.38 3.60 2.82% |
Below is the normalized historical share price chart for Preformed Line Products extending back to August 07, 1995. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Preformed Line stands at 131.38, as last reported on the 26th of May, with the highest price reaching 131.38 and the lowest price hitting 127.77 during the day.
If you're considering investing in Preformed Stock, it is important to understand the factors that can impact its price. Preformed Line Products maintains Sharpe Ratio (i.e., Efficiency) of -0.012, which implies the firm had a -0.012% return per unit of risk over the last 3 months. Preformed Line Products exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Preformed Line's Semi Deviation of 1.74, coefficient of variation of 5388.64, and Risk Adjusted Performance of 0.0177 to confirm the risk estimate we provide.
At present, Preformed Line's Stock Based Compensation is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 2.5 M, whereas Total Stockholder Equity is forecasted to decline to about 231.8 M. . At present, Preformed Line's Price To Operating Cash Flows Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Cash Flow Ratio is expected to grow to 8.84, whereas Price To Sales Ratio is forecasted to decline to 0.90. Preformed Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of April 1999 | 200 Day MA 136.4754 | 50 Day MA 126.5378 | Beta 0.754 |
Preformed |
Sharpe Ratio = -0.012
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| Negative Returns | PLPC |
Estimated Market Risk
| 1.87 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Preformed Line 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 Preformed Line by adding Preformed Line to a well-diversified portfolio.
Price Book 1.4796 | Enterprise Value Ebitda 6.0282 | Price Sales 0.9107 | Shares Float 2.9 M | Dividend Share 0.8 |
Preformed Line Valuation on December 31, 2023
It is possible to determine the worth of Preformed Line on a given historical date. On December 31, 2023 Preformed was worth 135.37 at the beginning of the trading date compared to the closed value of 133.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Preformed Line stock. Still, in general, we apply an absolute valuation method to find Preformed Line'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 Preformed Line where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Preformed Line's related companies.
| Open | High | Low | Close | Volume | |
| 139.37 | 139.37 | 134.74 | 136.07 | 12,732 | |
12/29/2023 | 135.37 | 136.67 | 133.23 | 133.44 | 30,698 |
| 134.67 | 138.00 | 131.59 | 132.52 | 11,014 |
| Backtest Preformed Line | | | Preformed Line History | | | Preformed Line Valuation | Previous | Next |
Preformed Line Trading Date Momentum on December 31, 2023
| On January 02 2024 Preformed Line Products was traded for 132.52 at the closing time. The top price for the day was 138.00 and the lowest listed price was 131.59 . The trading volume for the day was 11 K. The trading history from January 2, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.69% . The trading delta at closing time against the current closing price is 5.30% . |
Preformed Line Products Fundamentals Correlations and Trends
By evaluating Preformed Line'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 Preformed Line's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Preformed financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Preformed Line Stock history
Preformed Line 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 Preformed is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Preformed Line Products 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 Preformed Line stock prices may prove useful in developing a viable investing in Preformed Line
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5 M | 4.3 M | |
| Net Income Applicable To Common Shares | 62.6 M | 65.7 M |
Preformed Line Quarterly Net Working Capital |
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Preformed Line Stock Technical Analysis
Preformed Line 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
Preformed Line Period Price Range
Low | December 29, 2023
| High |
135.37 | 133.44 |
Preformed Line May 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Preformed Line stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Preformed Line shares will generate the highest return on investment. By undertsting and applying Preformed Line stock market strength indicators, traders can identify Preformed Line Products entry and exit signals to maximize returns
| Accumulation Distribution | 772.67 | |||
| Daily Balance Of Power | (0.56) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 134.95 | |||
| Day Typical Price | 134.45 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (2.47) | |||
| Period Momentum Indicator | (2.06) | |||
| Relative Strength Index | 56.61 |
Preformed Line Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Preformed Line's price direction in advance. Along with the technical and fundamental analysis of Preformed Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Preformed 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 | 0.0177 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0172 |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Preformed Line Products. 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. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Preformed Stock analysis
When running Preformed Line's price analysis, check to measure Preformed Line'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 Preformed Line is operating at the current time. Most of Preformed Line's value examination focuses on studying past and present price action to predict the probability of Preformed Line's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Preformed Line's price. Additionally, you may evaluate how the addition of Preformed Line to your portfolios can decrease your overall portfolio volatility.
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Is Preformed Line'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 Preformed Line. If investors know Preformed 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 Preformed Line listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.55) | Dividend Share 0.8 | Earnings Share 10.34 | Revenue Per Share 127.94 | Quarterly Revenue Growth (0.23) |
The market value of Preformed Line Products is measured differently than its book value, which is the value of Preformed that is recorded on the company's balance sheet. Investors also form their own opinion of Preformed Line's value that differs from its market value or its book value, called intrinsic value, which is Preformed Line'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 Preformed Line's market value can be influenced by many factors that don't directly affect Preformed Line'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 Preformed Line's value and its price as these two are different measures arrived at by different means. Investors typically determine if Preformed Line is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Preformed Line'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.