Purecycle Stock Performance

PCT
 Stock
  

USD 8.45  0.22  2.67%   

On a scale of 0 to 100, Purecycle Technologies holds a performance score of 5. The company holds a Beta of 0.7709, 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. Although it is vital to follow Purecycle Technologies current trending patterns, it is good to be conservative about what you can do with the information regarding equity existing price patterns. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Purecycle Technologies technical indicators, you can presently evaluate if the expected return of 0.32% will be sustainable into the future. Please employ Purecycle Technologies potential upside, as well as the relationship between the kurtosis and day typical price to make a quick decision on whether Purecycle Technologies historical price patterns will revert.
  
Purecycle Performance
5 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Purecycle Technologies are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively fragile fundamental indicators, Purecycle Technologies unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more

Purecycle Price Channel

Quick Ratio15.31
Fifty Two Week Low4.94
Target High Price30.00
Fifty Two Week High14.99
Target Low Price14.00

Purecycle Technologies Relative Risk vs. Return Landscape

If you would invest  753.00  in Purecycle Technologies on June 28, 2022 and sell it today you would earn a total of  116.00  from holding Purecycle Technologies or generate 15.41% return on investment over 90 days. Purecycle Technologies is generating 0.3221% of daily returns assuming volatility of 4.3789% on return distribution over 90 days investment horizon. In other words, 38% of stocks are less volatile than Purecycle, and above 94% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon Purecycle Technologies is expected to generate 3.98 times more return on investment than the market. However, the company is 3.98 times more volatile than its market benchmark. It trades about 0.07 of its potential returns per unit of risk. The DOW is currently generating roughly -0.07 per unit of risk.

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, 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 = 0.0736

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Estimated Market Risk
 4.38
  actual daily
 
 38 %
of total potential
 
3838
Expected Return
 0.32
  actual daily
 
 6 %
of total potential
 
66
Risk-Adjusted Return
 0.07
  actual daily
 
 5 %
of total potential
 
55
Based on monthly moving average Purecycle Technologies is performing at about 5% 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.

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

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 Alerts

Equity Alerts and Improvement Suggestions

Purecycle Technologies has very high historical volatility over the last 90 days
Purecycle Technologies has high likelihood to experience some financial distress in the next 2 years
Reported Net Loss for the year was (76.86 M).
Purecycle Technologies has about 417.93 M in cash with (50.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.56.
Roughly 33.0% of the company outstanding shares are owned by corporate insiders
Latest headline from www.prnewswire.com: Cincinnati Bengals Take Sustainability to Next Level with PureCycles Innovative PureZero Program - PR Newswire
Please check Your Equity Center. Note that the Purecycle Technologies information on this page should be used as a complementary analysis to other Purecycle Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

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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.
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.