Progressive Planet Solutions Stock Market Value
| ASHXF Stock | USD 0.14 0.00 0.00% |
| Symbol | Progressive |
Progressive Planet 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Progressive Planet's otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Progressive Planet.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Progressive Planet on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Progressive Planet Solutions or generate 0.0% return on investment in Progressive Planet over 30 days. Progressive Planet is related to or competes with Amarc Resources, Adriatic Metals, Aurelia Metals, American Helium, Mundoro Capital, and Pampa Metals. Progressive Planet Solutions Inc., together with its subsidiaries, engages in the acquisition and exploration of mineral... More
Progressive Planet Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Progressive Planet's otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Progressive Planet Solutions upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.15 | |||
| Information Ratio | 0.167 | |||
| Maximum Drawdown | 31.06 | |||
| Value At Risk | (3.37) | |||
| Potential Upside | 16.28 |
Progressive Planet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Progressive Planet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Progressive Planet's standard deviation. In reality, there are many statistical measures that can use Progressive Planet historical prices to predict the future Progressive Planet's volatility.| Risk Adjusted Performance | 0.1519 | |||
| Jensen Alpha | 1.26 | |||
| Total Risk Alpha | 0.1941 | |||
| Sortino Ratio | 0.1166 | |||
| Treynor Ratio | (1.84) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Progressive Planet's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Progressive Planet Backtested Returns
Progressive Planet is out of control given 3 months investment horizon. Progressive Planet maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the firm had a 0.19% return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-four different technical indicators, which can help you to evaluate if expected returns of 1.23% are justified by taking the suggested risk. Use Progressive Planet Risk Adjusted Performance of 0.1519, coefficient of variation of 534.27, and Semi Deviation of 2.53 to evaluate company specific risk that cannot be diversified away. Progressive Planet holds a performance score of 14 on a scale of zero to a hundred. The company holds a Beta of -0.64, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Progressive Planet are expected to decrease at a much lower rate. During the bear market, Progressive Planet is likely to outperform the market. Use Progressive Planet treynor ratio, as well as the relationship between the semi variance and day median price , to analyze future returns on Progressive Planet.
Auto-correlation | -0.96 |
Near perfect reversele predictability
Progressive Planet Solutions has near perfect reversele predictability. Overlapping area represents the amount of predictability between Progressive Planet time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Progressive Planet price movement. The serial correlation of -0.96 indicates that 96.0% of current Progressive Planet price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.96 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Progressive Planet lagged returns against current returns
Autocorrelation, which is Progressive Planet otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Progressive Planet's otc stock expected returns. We can calculate the autocorrelation of Progressive Planet returns to help us make a trade decision. For example, suppose you find that Progressive Planet has exhibited high autocorrelation historically, and you observe that the otc stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Progressive Planet regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Progressive Planet otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Progressive Planet otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Progressive Planet otc stock over time.
Current vs Lagged Prices |
| Timeline |
Progressive Planet Lagged Returns
When evaluating Progressive Planet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Progressive Planet otc stock have on its future price. Progressive Planet autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Progressive Planet autocorrelation shows the relationship between Progressive Planet otc stock current value and its past values and can show if there is a momentum factor associated with investing in Progressive Planet Solutions.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Progressive OTC Stock
Progressive Planet financial ratios help investors to determine whether Progressive OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Progressive with respect to the benefits of owning Progressive Planet security.