25 XP   0   0   10

Panama Petrochem Limited
Buy, Hold or Sell?

Let's analyse Panama Petrochem Limited together

PenkeI guess you are interested in Panama Petrochem Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Panama Petrochem Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Panama Petrochem Limited

I send you an email if I find something interesting about Panama Petrochem Limited.

Quick analysis of Panama Petrochem Limited (30 sec.)










What can you expect buying and holding a share of Panama Petrochem Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.43
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR157.39
Expected worth in 1 year
INR278.97
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR157.45
Return On Investment
47.4%

For what price can you sell your share?

Current Price per Share
INR332.50
Expected price per share
INR303.35 - INR413.54
How sure are you?
50%

1. Valuation of Panama Petrochem Limited (5 min.)




Live pricePrice per Share (EOD)

INR332.50

Intrinsic Value Per Share

INR84.28 - INR397.34

Total Value Per Share

INR241.66 - INR554.72

2. Growth of Panama Petrochem Limited (5 min.)




Is Panama Petrochem Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$114.2m$92.1m$22m19.3%

How much money is Panama Petrochem Limited making?

Current yearPrevious yearGrowGrow %
Making money$27.9m$27.6m$315.6k1.1%
Net Profit Margin10.4%10.8%--

How much money comes from the company's main activities?

3. Financial Health of Panama Petrochem Limited (5 min.)




4. Comparing to competitors in the Oil & Gas Refining & Marketing industry (5 min.)




  Industry Rankings (Oil & Gas Refining & Marketing)  


Richest
#73 / 104

Most Revenue
#60 / 104

Most Profit
#46 / 104

What can you expect buying and holding a share of Panama Petrochem Limited? (5 min.)

Welcome investor! Panama Petrochem Limited's management wants to use your money to grow the business. In return you get a share of Panama Petrochem Limited.

What can you expect buying and holding a share of Panama Petrochem Limited?

First you should know what it really means to hold a share of Panama Petrochem Limited. And how you can make/lose money.

Speculation

The Price per Share of Panama Petrochem Limited is INR332.50. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Panama Petrochem Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Panama Petrochem Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR157.39. Based on the TTM, the Book Value Change Per Share is INR30.40 per quarter. Based on the YOY, the Book Value Change Per Share is INR34.26 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR8.97 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Panama Petrochem Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.460.1%0.460.1%0.460.1%0.270.1%0.170.1%
Usd Book Value Change Per Share0.360.1%0.360.1%0.410.1%0.230.1%0.150.0%
Usd Dividend Per Share0.110.0%0.110.0%0.050.0%0.040.0%0.020.0%
Usd Total Gains Per Share0.470.1%0.470.1%0.460.1%0.270.1%0.170.1%
Usd Price Per Share3.51-3.51-3.18-2.06-1.76-
Price to Earnings Ratio7.59-7.59-6.96-8.41-16.55-
Price-to-Total Gains Ratio7.42-7.42-6.94-8.62-16.33-
Price to Book Ratio1.86-1.86-2.09-1.56-2.04-
Price-to-Total Gains Ratio7.42-7.42-6.94-8.62-16.33-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share3.99
Number of shares250
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.110.04
Usd Book Value Change Per Share0.360.23
Usd Total Gains Per Share0.470.27
Gains per Quarter (250 shares)118.0867.50
Gains per Year (250 shares)472.34270.02
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
110836546240230260
221572993479461530
332310941406119691800
4430145918781599211070
55381824235019811521340
66462188282223813821610
77532553329427816121880
88612918376631818432150
99683283423835720732420
1010763647471039723032690

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%17.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%16.01.00.094.1%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%13.00.04.076.5%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%16.01.00.094.1%

Fundamentals of Panama Petrochem Limited

About Panama Petrochem Limited

Panama Petrochem Limited engages in the manufacture and trading of specialty petroleum products in India. It offers white/liquid paraffin oil; petroleum jellies; transformer oil; rubber process oil; industrial oils and lithium and lithium complex, calcium and sodium based, and aluminum greases; automotive engine, gear, and transmission oils, as well as other automotive lubricants; drilling fluids; and fully- and semi-refined paraffin, slack, and micro waxes. The company also provides textile oils, including Panol-KNT and antistatic coning oil; and oils for ink, resin, and paint industries, which include petroleum distillates, aroma free distillates, naphthenic oils, high viscosity oils, black ink oils, bituminous black varnishes, petrolatum, and low aromatic white spirits. It serves printing, textile, rubber, pharmaceutical, cosmetic, power, and other industrial oil industries. The company exports its products to the United States, the United Kingdom, the Middle East, Europe, Australia, African sub-continent, Southeast Asia, etc. Panama Petrochem Limited was founded in 1975 and is based in Mumbai, India.

Fundamental data was last updated by Penke on 2024-03-23 15:49:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Panama Petrochem Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Panama Petrochem Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Panama Petrochem Limited to the Oil & Gas Refining & Marketing industry mean.
  • A Net Profit Margin of 10.4% means that ₹0.10 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Panama Petrochem Limited:

  • The MRQ is 10.4%. The company is making a huge profit. +2
  • The TTM is 10.4%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ10.4%TTM10.4%0.0%
TTM10.4%YOY10.8%-0.4%
TTM10.4%5Y7.5%+2.9%
5Y7.5%10Y5.6%+1.9%
Compared to industry (Oil & Gas Refining & Marketing)
PeriodCompanyIndustry (mean)+/- 
MRQ10.4%2.2%+8.2%
TTM10.4%2.5%+7.9%
YOY10.8%2.9%+7.9%
5Y7.5%1.9%+5.6%
10Y5.6%2.6%+3.0%
1.1.2. Return on Assets

Shows how efficient Panama Petrochem Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Panama Petrochem Limited to the Oil & Gas Refining & Marketing industry mean.
  • 18.9% Return on Assets means that Panama Petrochem Limited generated ₹0.19 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Panama Petrochem Limited:

  • The MRQ is 18.9%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 18.9%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ18.9%TTM18.9%0.0%
TTM18.9%YOY18.4%+0.5%
TTM18.9%5Y12.1%+6.8%
5Y12.1%10Y8.6%+3.5%
Compared to industry (Oil & Gas Refining & Marketing)
PeriodCompanyIndustry (mean)+/- 
MRQ18.9%1.2%+17.7%
TTM18.9%1.6%+17.3%
YOY18.4%1.9%+16.5%
5Y12.1%1.2%+10.9%
10Y8.6%1.3%+7.3%
1.1.3. Return on Equity

Shows how efficient Panama Petrochem Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Panama Petrochem Limited to the Oil & Gas Refining & Marketing industry mean.
  • 24.5% Return on Equity means Panama Petrochem Limited generated ₹0.24 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Panama Petrochem Limited:

  • The MRQ is 24.5%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 24.5%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ24.5%TTM24.5%0.0%
TTM24.5%YOY30.0%-5.5%
TTM24.5%5Y19.6%+4.9%
5Y19.6%10Y15.2%+4.3%
Compared to industry (Oil & Gas Refining & Marketing)
PeriodCompanyIndustry (mean)+/- 
MRQ24.5%3.7%+20.8%
TTM24.5%4.1%+20.4%
YOY30.0%5.5%+24.5%
5Y19.6%2.9%+16.7%
10Y15.2%3.5%+11.7%

1.2. Operating Efficiency of Panama Petrochem Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Panama Petrochem Limited is operating .

  • Measures how much profit Panama Petrochem Limited makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Panama Petrochem Limited to the Oil & Gas Refining & Marketing industry mean.
  • An Operating Margin of 13.6% means the company generated ₹0.14  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Panama Petrochem Limited:

  • The MRQ is 13.6%. The company is operating less efficient.
  • The TTM is 13.6%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ13.6%TTM13.6%0.0%
TTM13.6%YOY13.7%-0.1%
TTM13.6%5Y10.6%+3.0%
5Y10.6%10Y8.2%+2.4%
Compared to industry (Oil & Gas Refining & Marketing)
PeriodCompanyIndustry (mean)+/- 
MRQ13.6%4.0%+9.6%
TTM13.6%2.8%+10.8%
YOY13.7%4.9%+8.8%
5Y10.6%3.1%+7.5%
10Y8.2%3.0%+5.2%
1.2.2. Operating Ratio

Measures how efficient Panama Petrochem Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Oil & Gas Refining & Marketing industry mean).
  • An Operation Ratio of 0.86 means that the operating costs are ₹0.86 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Panama Petrochem Limited:

  • The MRQ is 0.861. The company is less efficient in keeping operating costs low.
  • The TTM is 0.861. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.861TTM0.8610.000
TTM0.861YOY0.864-0.002
TTM0.8615Y0.892-0.031
5Y0.89210Y0.913-0.021
Compared to industry (Oil & Gas Refining & Marketing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8611.514-0.653
TTM0.8611.236-0.375
YOY0.8641.033-0.169
5Y0.8921.281-0.389
10Y0.9131.194-0.281

1.3. Liquidity of Panama Petrochem Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Panama Petrochem Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Oil & Gas Refining & Marketing industry mean).
  • A Current Ratio of 3.56 means the company has ₹3.56 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Panama Petrochem Limited:

  • The MRQ is 3.561. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.561. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.561TTM3.5610.000
TTM3.561YOY2.126+1.435
TTM3.5615Y2.168+1.393
5Y2.16810Y1.842+0.326
Compared to industry (Oil & Gas Refining & Marketing)
PeriodCompanyIndustry (mean)+/- 
MRQ3.5611.387+2.174
TTM3.5611.458+2.103
YOY2.1261.370+0.756
5Y2.1681.451+0.717
10Y1.8421.457+0.385
1.3.2. Quick Ratio

Measures if Panama Petrochem Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Panama Petrochem Limited to the Oil & Gas Refining & Marketing industry mean.
  • A Quick Ratio of 2.66 means the company can pay off ₹2.66 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Panama Petrochem Limited:

  • The MRQ is 2.662. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.662. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.662TTM2.6620.000
TTM2.662YOY1.146+1.516
TTM2.6625Y1.287+1.374
5Y1.28710Y1.005+0.283
Compared to industry (Oil & Gas Refining & Marketing)
PeriodCompanyIndustry (mean)+/- 
MRQ2.6620.645+2.017
TTM2.6620.698+1.964
YOY1.1460.747+0.399
5Y1.2870.761+0.526
10Y1.0050.757+0.248

1.4. Solvency of Panama Petrochem Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Panama Petrochem Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Panama Petrochem Limited to Oil & Gas Refining & Marketing industry mean.
  • A Debt to Asset Ratio of 0.23 means that Panama Petrochem Limited assets are financed with 22.9% credit (debt) and the remaining percentage (100% - 22.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Panama Petrochem Limited:

  • The MRQ is 0.229. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.229. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.229TTM0.2290.000
TTM0.229YOY0.387-0.158
TTM0.2295Y0.406-0.177
5Y0.40610Y0.461-0.056
Compared to industry (Oil & Gas Refining & Marketing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2290.581-0.352
TTM0.2290.577-0.348
YOY0.3870.590-0.203
5Y0.4060.592-0.186
10Y0.4610.547-0.086
1.4.2. Debt to Equity Ratio

Measures if Panama Petrochem Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Panama Petrochem Limited to the Oil & Gas Refining & Marketing industry mean.
  • A Debt to Equity ratio of 29.7% means that company has ₹0.30 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Panama Petrochem Limited:

  • The MRQ is 0.297. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.297. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.297TTM0.2970.000
TTM0.297YOY0.631-0.334
TTM0.2975Y0.733-0.437
5Y0.73310Y0.919-0.185
Compared to industry (Oil & Gas Refining & Marketing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2971.468-1.171
TTM0.2971.409-1.112
YOY0.6311.508-0.877
5Y0.7331.479-0.746
10Y0.9191.403-0.484

2. Market Valuation of Panama Petrochem Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings Panama Petrochem Limited generates.

  • Above 15 is considered overpriced but always compare Panama Petrochem Limited to the Oil & Gas Refining & Marketing industry mean.
  • A PE ratio of 7.59 means the investor is paying ₹7.59 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Panama Petrochem Limited:

  • The EOD is 8.634. Based on the earnings, the company is underpriced. +1
  • The MRQ is 7.587. Based on the earnings, the company is underpriced. +1
  • The TTM is 7.587. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD8.634MRQ7.587+1.046
MRQ7.587TTM7.5870.000
TTM7.587YOY6.965+0.622
TTM7.5875Y8.410-0.822
5Y8.41010Y16.550-8.140
Compared to industry (Oil & Gas Refining & Marketing)
PeriodCompanyIndustry (mean)+/- 
EOD8.6348.625+0.009
MRQ7.5877.109+0.478
TTM7.5876.107+1.480
YOY6.9657.049-0.084
5Y8.4108.649-0.239
10Y16.55010.720+5.830
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Panama Petrochem Limited:

  • The EOD is 11.545. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 10.145. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 10.145. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD11.545MRQ10.145+1.399
MRQ10.145TTM10.1450.000
TTM10.145YOY11.470-1.324
TTM10.1455Y8.805+1.340
5Y8.80510Y6.593+2.212
Compared to industry (Oil & Gas Refining & Marketing)
PeriodCompanyIndustry (mean)+/- 
EOD11.5454.058+7.487
MRQ10.1453.474+6.671
TTM10.1452.992+7.153
YOY11.4702.916+8.554
5Y8.8051.463+7.342
10Y6.5931.239+5.354
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Panama Petrochem Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Oil & Gas Refining & Marketing industry mean).
  • A PB ratio of 1.86 means the investor is paying ₹1.86 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Panama Petrochem Limited:

  • The EOD is 2.113. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.857. Based on the equity, the company is underpriced. +1
  • The TTM is 1.857. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.113MRQ1.857+0.256
MRQ1.857TTM1.8570.000
TTM1.857YOY2.088-0.232
TTM1.8575Y1.559+0.298
5Y1.55910Y2.038-0.479
Compared to industry (Oil & Gas Refining & Marketing)
PeriodCompanyIndustry (mean)+/- 
EOD2.1131.126+0.987
MRQ1.8571.023+0.834
TTM1.8571.044+0.813
YOY2.0881.217+0.871
5Y1.5591.354+0.205
10Y2.0381.655+0.383
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Panama Petrochem Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--30.39530.3950%34.258-11%19.194+58%12.148+150%
Book Value Per Share--157.385157.3850%126.990+24%103.418+52%75.374+109%
Current Ratio--3.5613.5610%2.126+68%2.168+64%1.842+93%
Debt To Asset Ratio--0.2290.2290%0.387-41%0.406-44%0.461-50%
Debt To Equity Ratio--0.2970.2970%0.631-53%0.733-60%0.919-68%
Dividend Per Share--8.9668.9660%3.981+125%3.308+171%2.077+332%
Eps--38.51238.5120%38.077+1%22.459+71%13.962+176%
Free Cash Flow Per Share--28.80128.8010%23.122+25%13.272+117%7.144+303%
Free Cash Flow To Equity Per Share--12.92712.9270%11.968+8%6.023+115%2.597+398%
Gross Profit Margin--0.9980.9980%0.993+1%0.980+2%0.973+3%
Intrinsic Value_10Y_max--397.339--------
Intrinsic Value_10Y_min--84.277--------
Intrinsic Value_1Y_max--23.519--------
Intrinsic Value_1Y_min--7.548--------
Intrinsic Value_3Y_max--83.086--------
Intrinsic Value_3Y_min--23.591--------
Intrinsic Value_5Y_max--157.627--------
Intrinsic Value_5Y_min--40.509--------
Market Cap18924570000.000+7%17676229335.60017676229335.6000%16042902189.600+10%10404898856.000+70%8886222104.724+99%
Net Profit Margin--0.1040.1040%0.108-4%0.075+38%0.056+86%
Operating Margin--0.1360.1360%0.1370%0.106+28%0.082+66%
Operating Ratio--0.8610.8610%0.8640%0.892-3%0.913-6%
Pb Ratio2.113+12%1.8571.8570%2.088-11%1.559+19%2.038-9%
Pe Ratio8.634+12%7.5877.5870%6.965+9%8.410-10%16.550-54%
Price Per Share332.500+12%292.200292.2000%265.200+10%172.000+70%146.290+100%
Price To Free Cash Flow Ratio11.545+12%10.14510.1450%11.470-12%8.805+15%6.593+54%
Price To Total Gains Ratio8.447+12%7.4247.4240%6.935+7%8.621-14%16.325-55%
Quick Ratio--2.6622.6620%1.146+132%1.287+107%1.005+165%
Return On Assets--0.1890.1890%0.184+3%0.121+56%0.086+120%
Return On Equity--0.2450.2450%0.300-18%0.196+25%0.152+61%
Total Gains Per Share--39.36139.3610%38.239+3%22.502+75%14.225+177%
Usd Book Value--114249600.000114249600.0000%92185080.000+24%75073231.200+52%54832867.200+108%
Usd Book Value Change Per Share--0.3650.3650%0.411-11%0.230+58%0.146+150%
Usd Book Value Per Share--1.8891.8890%1.524+24%1.241+52%0.904+109%
Usd Dividend Per Share--0.1080.1080%0.048+125%0.040+171%0.025+332%
Usd Eps--0.4620.4620%0.457+1%0.270+71%0.168+176%
Usd Free Cash Flow--20907600.00020907600.0000%16784544.000+25%9634161.600+117%5181754.800+303%
Usd Free Cash Flow Per Share--0.3460.3460%0.277+25%0.159+117%0.086+303%
Usd Free Cash Flow To Equity Per Share--0.1550.1550%0.144+8%0.072+115%0.031+398%
Usd Market Cap227094840.000+7%212114752.027212114752.0270%192514826.275+10%124858786.272+70%106634665.257+99%
Usd Price Per Share3.990+12%3.5063.5060%3.182+10%2.064+70%1.755+100%
Usd Profit--27956400.00027956400.0000%27640800.000+1%16303785.600+71%10136923.200+176%
Usd Revenue--269846400.000269846400.0000%255882480.000+5%194402776.800+39%149423464.800+81%
Usd Total Gains Per Share--0.4720.4720%0.459+3%0.270+75%0.171+177%
 EOD+4 -4MRQTTM+0 -0YOY+29 -75Y+32 -410Y+33 -3

3.2. Fundamental Score

Let's check the fundamental score of Panama Petrochem Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-158.634
Price to Book Ratio (EOD)Between0-12.113
Net Profit Margin (MRQ)Greater than00.104
Operating Margin (MRQ)Greater than00.136
Quick Ratio (MRQ)Greater than12.662
Current Ratio (MRQ)Greater than13.561
Debt to Asset Ratio (MRQ)Less than10.229
Debt to Equity Ratio (MRQ)Less than10.297
Return on Equity (MRQ)Greater than0.150.245
Return on Assets (MRQ)Greater than0.050.189
Total9/10 (90.0%)

3.3. Technical Score

Let's check the technical score of Panama Petrochem Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.633
Ma 20Greater thanMa 50332.200
Ma 50Greater thanMa 100333.046
Ma 100Greater thanMa 200328.881
OpenGreater thanClose330.000
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets12,347,800
Total Liabilities2,827,000
Total Stockholder Equity9,520,800
 As reported
Total Liabilities 2,827,000
Total Stockholder Equity+ 9,520,800
Total Assets = 12,347,800

Assets

Total Assets12,347,800
Total Current Assets9,675,500
Long-term Assets2,672,300
Total Current Assets
Cash And Cash Equivalents 965,300
Short-term Investments 1,365,800
Net Receivables 3,533,700
Inventory 3,240,500
Other Current Assets 570,200
Total Current Assets  (as reported)9,675,500
Total Current Assets  (calculated)9,675,500
+/-0
Long-term Assets
Property Plant Equipment 2,448,800
Intangible Assets 100
Other Assets 17,400
Long-term Assets  (as reported)2,672,300
Long-term Assets  (calculated)2,466,300
+/- 206,000

Liabilities & Shareholders' Equity

Total Current Liabilities2,716,700
Long-term Liabilities110,300
Total Stockholder Equity9,520,800
Total Current Liabilities
Short-term Debt 1,200
Accounts payable 2,607,000
Other Current Liabilities 87,700
Total Current Liabilities  (as reported)2,716,700
Total Current Liabilities  (calculated)2,695,900
+/- 20,800
Long-term Liabilities
Long term Debt Total 3,200
Capital Lease Obligations 4,400
Long-term Liabilities  (as reported)110,300
Long-term Liabilities  (calculated)7,600
+/- 102,700
Total Stockholder Equity
Common Stock121,000
Retained Earnings 8,219,200
Accumulated Other Comprehensive Income 278,900
Capital Surplus 901,800
Total Stockholder Equity (as reported)9,520,800
Total Stockholder Equity (calculated)9,520,900
+/- 100
Other
Capital Stock121,000
Cash And Equivalents1,252,300
Cash and Short Term Investments 2,331,100
Common Stock Shares Outstanding 60,494
Current Deferred Revenue20,800
Liabilities and Stockholders Equity 12,347,800
Net Debt -960,900
Net Invested Capital 9,520,800
Net Working Capital 6,958,800
Property Plant and Equipment Gross 2,448,800
Short Long Term Debt Total 4,400



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-31
> Total Assets 
1,131,335
1,714,512
1,500,047
2,702,864
3,420,676
4,916,341
4,221,127
4,610,418
4,977,277
4,916,150
6,690,412
9,759,624
9,192,007
7,569,087
9,926,201
12,531,915
12,347,800
12,347,80012,531,9159,926,2017,569,0879,192,0079,759,6246,690,4124,916,1504,977,2774,610,4184,221,1274,916,3413,420,6762,702,8641,500,0471,714,5121,131,335
   > Total Current Assets 
1,089,749
1,654,112
1,210,042
2,220,656
2,761,113
4,194,381
3,401,075
3,442,091
3,719,376
3,570,890
5,221,634
8,159,696
7,421,410
5,657,573
7,842,142
10,116,018
9,675,500
9,675,50010,116,0187,842,1425,657,5737,421,4108,159,6965,221,6343,570,8903,719,3763,442,0913,401,0754,194,3812,761,1132,220,6561,210,0421,654,1121,089,749
       Cash And Cash Equivalents 
120,078
94,026
181,708
308,529
206,319
1,544,875
503,389
213,555
76,219
114,556
131,361
267,088
72,458
304,530
704,226
618,816
965,300
965,300618,816704,226304,53072,458267,088131,361114,55676,219213,555503,3891,544,875206,319308,529181,70894,026120,078
       Short-term Investments 
0
0
0
0
0
0
230,293
30,041
42,324
35,883
94,590
74,151
83,959
102,267
40,825
775,176
1,365,800
1,365,800775,17640,825102,26783,95974,15194,59035,88342,32430,041230,293000000
       Net Receivables 
0
0
0
0
0
0
0
1,667,326
1,742,385
1,537,710
1,838,259
2,808,021
3,149,970
2,577,813
3,283,757
3,282,310
3,533,700
3,533,7003,282,3103,283,7572,577,8133,149,9702,808,0211,838,2591,537,7101,742,3851,667,3260000000
       Inventory 
417,949
968,980
302,643
977,164
1,505,376
1,482,800
1,278,646
1,309,875
1,672,419
1,647,703
3,021,930
4,450,291
3,835,961
2,539,284
3,650,570
4,905,295
3,240,500
3,240,5004,905,2953,650,5702,539,2843,835,9614,450,2913,021,9301,647,7031,672,4191,309,8751,278,6461,482,8001,505,376977,164302,643968,980417,949
       Other Current Assets 
551,722
591,106
725,691
934,963
1,049,418
1,166,706
1,388,747
1,888,620
1,928,414
1,772,748
1,973,753
3,368,166
3,429,032
2,711,492
162,764
534,421
570,200
570,200534,421162,7642,711,4923,429,0323,368,1661,973,7531,772,7481,928,4141,888,6201,388,7471,166,7061,049,418934,963725,691591,106551,722
   > Long-term Assets 
41,586
60,400
290,005
482,208
659,563
721,960
820,052
1,168,327
1,257,901
1,345,260
1,468,778
1,599,928
1,770,597
1,911,514
2,084,059
2,415,897
2,672,300
2,672,3002,415,8972,084,0591,911,5141,770,5971,599,9281,468,7781,345,2601,257,9011,168,327820,052721,960659,563482,208290,00560,40041,586
       Property Plant Equipment 
41,327
60,156
287,056
472,949
659,229
612,156
785,956
1,162,885
1,189,541
1,227,925
1,296,052
1,426,902
1,570,450
1,796,796
1,975,476
2,190,339
2,448,800
2,448,8002,190,3391,975,4761,796,7961,570,4501,426,9021,296,0521,227,9251,189,5411,162,885785,956612,156659,229472,949287,05660,15641,327
       Long Term Investments 
0
0
0
0
0
0
0
1,350
344
24,534
10,235
2,682
2,941
0
0
0
0
00002,9412,68210,23524,5343441,3500000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
9,249
123
123
100
1001231239,2490000000000000
       Long-term Assets Other 
259
237
237
6,861
334
109,804
255,237
33,214
110,340
128,684
257,482
244,495
281,165
-1,801,016
107,814
-29
17,400
17,400-29107,814-1,801,016281,165244,495257,482128,684110,34033,214255,237109,8043346,861237237259
> Total Liabilities 
804,332
1,201,758
688,745
1,692,902
2,034,846
2,673,607
1,900,258
2,220,863
2,486,396
2,192,203
3,596,484
6,044,392
5,054,322
3,238,866
4,316,484
4,849,825
2,827,000
2,827,0004,849,8254,316,4843,238,8665,054,3226,044,3923,596,4842,192,2032,486,3962,220,8631,900,2582,673,6072,034,8461,692,902688,7451,201,758804,332
   > Total Current Liabilities 
753,312
1,134,327
679,404
1,520,647
1,946,418
2,668,082
1,878,176
2,195,717
2,456,607
2,153,708
3,542,377
5,963,975
4,956,846
3,150,475
4,212,635
4,757,800
2,716,700
2,716,7004,757,8004,212,6353,150,4754,956,8465,963,9753,542,3772,153,7082,456,6072,195,7171,878,1762,668,0821,946,4181,520,647679,4041,134,327753,312
       Short-term Debt 
0
0
0
0
0
0
218,989
167,804
417,518
574,259
325,815
451,268
1,598,952
501,784
654,931
300,421
1,200
1,200300,421654,931501,7841,598,952451,268325,815574,259417,518167,804218,989000000
       Short Long Term Debt 
0
0
0
0
0
0
0
167,804
417,518
574,259
325,815
451,268
1,598,952
496,917
651,673
298,109
0
0298,109651,673496,9171,598,952451,268325,815574,259417,518167,8040000000
       Accounts payable 
0
0
0
0
0
0
1,607,664
1,901,987
1,888,510
1,509,276
3,076,543
5,325,180
3,152,010
2,571,869
3,280,579
4,275,922
2,607,000
2,607,0004,275,9223,280,5792,571,8693,152,0105,325,1803,076,5431,509,2761,888,5101,901,9871,607,664000000
       Other Current Liabilities 
753,312
1,134,327
679,404
1,520,647
1,946,418
2,668,082
47,138
99,129
106,351
50,258
114,775
26,894
99,197
3,271
4,049
3,411
87,700
87,7003,4114,0493,27199,19726,894114,77550,258106,35199,12947,1382,668,0821,946,4181,520,647679,4041,134,327753,312
   > Long-term Liabilities 
51,020
67,430
9,341
172,255
88,428
5,525
22,082
25,146
29,789
38,495
54,107
80,417
97,476
88,391
103,849
92,025
110,300
110,30092,025103,84988,39197,47680,41754,10738,49529,78925,14622,0825,52588,428172,2559,34167,43051,020
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
4,892
1,500
326
3,200
3,2003261,5004,8920000000000000
       Other Liabilities 
0
0
0
0
0
0
0
25,146
29,789
38,495
67,873
80,416
97,476
83,499
102,349
91,699
0
091,699102,34983,49997,47680,41667,87338,49529,78925,1460000000
> Total Stockholder Equity
327,003
512,754
811,302
1,009,962
1,385,830
2,242,734
2,320,869
2,389,555
2,490,881
2,723,947
3,093,928
3,715,232
4,137,685
4,330,221
5,609,717
7,682,090
9,520,800
9,520,8007,682,0905,609,7174,330,2214,137,6853,715,2323,093,9282,723,9472,490,8812,389,5552,320,8692,242,7341,385,8301,009,962811,302512,754327,003
   Common Stock
65,270
53,995
54,212
58,619
58,402
86,193
86,075
80,657
80,657
80,658
80,658
120,987
120,987
120,987
120,987
120,987
121,000
121,000120,987120,987120,987120,987120,98780,65880,65880,65780,65786,07586,19358,40258,61954,21253,99565,270
   Retained Earnings Total Equity00000000000000000
   Accumulated Other Comprehensive Income 
-27,911
-30,964
-45,202
-57,643
-79,896
-89,850
-112,161
-134,821
-172,938
-217,916
-263,488
-308,001
-356,213
-425,927
160,684
172,991
278,900
278,900172,991160,684-425,927-356,213-308,001-263,488-217,916-172,938-134,821-112,161-89,850-79,896-57,643-45,202-30,964-27,911
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
936,642
901,848
901,848
901,848
901,848
901,848
901,800
901,800901,848901,848901,848901,848901,848936,6420000000000
   Treasury Stock00000000000000000
   Other Stockholders Equity 
289,644
489,723
802,291
1,008,986
1,407,324
2,246,391
1,212,273
1,201,784
1,275,398
1,326,544
1,358,686
1,388,878
1,428,726
-3,380,883
901,872
901,848
901,700
901,700901,848901,872-3,380,8831,428,7261,388,8781,358,6861,326,5441,275,3981,201,7841,212,2732,246,3911,407,3241,008,986802,291489,723289,644



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue22,487,200
Cost of Revenue-17,675,100
Gross Profit4,812,1004,812,100
 
Operating Income (+$)
Gross Profit4,812,100
Operating Expense-1,689,400
Operating Income3,155,3003,122,700
 
Operating Expense (+$)
Research Development0
Selling General Administrative56,400
Selling And Marketing Expenses3,700
Operating Expense1,689,40060,100
 
Net Interest Income (+$)
Interest Income243,000
Interest Expense-115,700
Other Finance Cost-243,000
Net Interest Income-115,700
 
Pretax Income (+$)
Operating Income3,155,300
Net Interest Income-115,700
Other Non-Operating Income Expenses0
Income Before Tax (EBT)2,945,5003,365,100
EBIT - interestExpense = 2,945,500
2,945,500
2,445,400
Interest Expense115,700
Earnings Before Interest and Taxes (EBIT)3,061,2003,061,200
Earnings Before Interest and Taxes (EBITDA)3,155,500
 
After tax Income (+$)
Income Before Tax2,945,500
Tax Provision-615,800
Net Income From Continuing Ops2,329,7002,329,700
Net Income2,329,700
Net Income Applicable To Common Shares2,329,700
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses19,364,500
Total Other Income/Expenses Net-209,800115,700
 

Technical Analysis of Panama Petrochem Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Panama Petrochem Limited. The general trend of Panama Petrochem Limited is BULLISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Panama Petrochem Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (42.9%) Bearish trend (-42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Panama Petrochem Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 387.00 < 387.95 < 413.54.

The bearish price targets are: 305.51 > 303.64 > 303.35.

Tweet this
Panama Petrochem Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Panama Petrochem Limited. The current mas is .

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Panama Petrochem Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Panama Petrochem Limited. The current macd is -2.59582688.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Panama Petrochem Limited price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Panama Petrochem Limited. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Panama Petrochem Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Panama Petrochem Limited Daily Moving Average Convergence/Divergence (MACD) ChartPanama Petrochem Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Panama Petrochem Limited. The current adx is 15.35.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Panama Petrochem Limited shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Panama Petrochem Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Panama Petrochem Limited. The current sar is 344.75.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Panama Petrochem Limited Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Panama Petrochem Limited. The current rsi is 50.63. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Panama Petrochem Limited Daily Relative Strength Index (RSI) ChartPanama Petrochem Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Panama Petrochem Limited. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Panama Petrochem Limited price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Panama Petrochem Limited Daily Stochastic Oscillator ChartPanama Petrochem Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Panama Petrochem Limited. The current cci is -8.5624219.

Panama Petrochem Limited Daily Commodity Channel Index (CCI) ChartPanama Petrochem Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Panama Petrochem Limited. The current cmo is 5.93927985.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Panama Petrochem Limited Daily Chande Momentum Oscillator (CMO) ChartPanama Petrochem Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Panama Petrochem Limited. The current willr is -41.81494662.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Panama Petrochem Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Panama Petrochem Limited Daily Williams %R ChartPanama Petrochem Limited Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Panama Petrochem Limited.

Panama Petrochem Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Panama Petrochem Limited. The current atr is 14.95.

Panama Petrochem Limited Daily Average True Range (ATR) ChartPanama Petrochem Limited Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Panama Petrochem Limited. The current obv is 19,923,874.

Panama Petrochem Limited Daily On-Balance Volume (OBV) ChartPanama Petrochem Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Panama Petrochem Limited. The current mfi is 45.03.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Panama Petrochem Limited Daily Money Flow Index (MFI) ChartPanama Petrochem Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Panama Petrochem Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-07RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-31MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-27MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.

6.3. Candlestick Patterns

Panama Petrochem Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Panama Petrochem Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.633
Ma 20Greater thanMa 50332.200
Ma 50Greater thanMa 100333.046
Ma 100Greater thanMa 200328.881
OpenGreater thanClose330.000
Total3/5 (60.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Panama Petrochem Limited with someone you think should read this too:
  • Are you bullish or bearish on Panama Petrochem Limited? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Panama Petrochem Limited? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Panama Petrochem Limited

I send you an email if I find something interesting about Panama Petrochem Limited.


Comments

How you think about this?

Leave a comment

Stay informed about Panama Petrochem Limited.

Receive notifications about Panama Petrochem Limited in your mailbox!