Poly Medicure (India) Today
| POLYMED Stock | 1,633 49.15 3.10% |
Performance10 of 100
| Odds Of DistressLess than 9
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Poly Medicure is trading at 1633.20 as of the 28th of April 2024, a 3.10 percent up since the beginning of the trading day. The stock's lowest day price was 1589.0. Poly Medicure has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for Poly Medicure Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of March 2024 and ending today, the 28th of April 2024. Click here to learn more.
Business Domain Health Care Equipment & Services | Category Healthcare | Classification Health Care |
Poly Medicure is entity of India. It is traded as Stock on NSE exchange. The company has 95.97 M outstanding shares. More on Poly Medicure Limited
Moving together with Poly Stock
| 0.71 | XCHANGING | Xchanging Solutions | PairCorr |
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Poly Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Poly Medicure's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Poly Medicure or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| MD CEO | Himanshu Baid | ||||
| Business Concentration | Health Care Equipment & Supplies, Health Care Equipment & Services, Health Care, Health Care, Health Care Equipment & Supplies, Medical Instruments & Supplies, Healthcare (View all Sectors) | ||||
Poly Medicure's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Poly Medicure's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Poly Medicure's financial leverage. It provides some insight into what part of Poly Medicure's total assets is financed by creditors.
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Poly Medicure Limited (POLYMED) is traded on National Stock Exchange of India in India and employs 2,339 people. Poly Medicure is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 157.98 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Poly Medicure's market, we take the total number of its shares issued and multiply it by Poly Medicure's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Poly Medicure Limited operates under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 95.97 M outstanding shares.
Poly Medicure Limited has accumulated about 1.76 B in cash with 1.91 B of positive cash flow from operations.
Check Poly Medicure Probability Of Bankruptcy
Ownership AllocationPoly Medicure Limited has a total of 95.97 Million outstanding shares. Poly Medicure holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 71.35 pct. of Poly Medicure Limited outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Poly Ownership Details
Poly Stock Price Odds Analysis
What are Poly Medicure's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Poly Medicure jumping above the current price in 90 days from now is about 6.14%. The Poly Medicure Limited probability density function shows the probability of Poly Medicure stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Poly Medicure has a beta of 0.5556 indicating as returns on the market go up, Poly Medicure average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Poly Medicure Limited will be expected to be much smaller as well. Additionally, poly Medicure Limited has an alpha of 0.1447, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Poly Medicure to move above the current price in 90 days from now is about 6.14 (This Poly Medicure Limited probability density function shows the probability of Poly Stock to fall within a particular range of prices over 90 days) .
Poly Medicure Limited Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Poly Medicure market risk premium is the additional return an investor will receive from holding Poly Medicure long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Poly Medicure. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Poly Medicure's alpha and beta are two of the key measurements used to evaluate Poly Medicure's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.58 | |||
| Semi Deviation | 1.57 | |||
| Standard Deviation | 2.0 | |||
| Variance | 4.0 |
Poly Stock Against Markets
Picking the right benchmark for Poly Medicure stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Poly Medicure stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Poly Medicure is critical whether you are bullish or bearish towards Poly Medicure Limited at a given time. Please also check how Poly Medicure's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Poly Medicure without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Poly Stock?
Before investing in Poly Medicure, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Poly Medicure. To buy Poly Medicure stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Poly Medicure. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Poly Medicure stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Poly Medicure Limited stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Poly Medicure Limited stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Poly Medicure Limited, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Poly Medicure Limited?
The danger of trading Poly Medicure Limited is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Poly Medicure is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Poly Medicure. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Poly Medicure Limited is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Poly Medicure Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Poly Stock analysis
When running Poly Medicure's price analysis, check to measure Poly Medicure'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 Poly Medicure is operating at the current time. Most of Poly Medicure's value examination focuses on studying past and present price action to predict the probability of Poly Medicure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Poly Medicure's price. Additionally, you may evaluate how the addition of Poly Medicure to your portfolios can decrease your overall portfolio volatility.
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