Perdoceo Education (Germany) Market Value
| CE1 Stock | EUR 26.00 0.20 0.76% |
| Symbol | Perdoceo |
Perdoceo Education '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 Perdoceo Education's 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 Perdoceo Education.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Perdoceo Education on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Perdoceo Education or generate 0.0% return on investment in Perdoceo Education over 30 days. Perdoceo Education is related to or competes with Laureate Education, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, NorAm Drilling, and Talanx AG. Career Education Corporation operates colleges, institutions, and universities that provide education to student populat... More
Perdoceo Education 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 Perdoceo Education's 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 Perdoceo Education upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.04 | |||
| Information Ratio | 0.1134 | |||
| Maximum Drawdown | 16.68 | |||
| Value At Risk | (2.52) | |||
| Potential Upside | 2.97 |
Perdoceo Education Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Perdoceo Education's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Perdoceo Education's standard deviation. In reality, there are many statistical measures that can use Perdoceo Education historical prices to predict the future Perdoceo Education's volatility.| Risk Adjusted Performance | 0.1355 | |||
| Jensen Alpha | 0.3951 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.14 | |||
| Treynor Ratio | 2.95 |
Perdoceo Education Backtested Returns
Perdoceo Education appears to be very steady, given 3 months investment horizon. Perdoceo Education maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Perdoceo Education, which you can use to evaluate the volatility of the company. Please evaluate Perdoceo Education's Coefficient Of Variation of 594.91, semi deviation of 1.46, and Risk Adjusted Performance of 0.1355 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Perdoceo Education holds a performance score of 13. The company holds a Beta of 0.14, which implies not very significant fluctuations relative to the market. As returns on the market increase, Perdoceo Education's returns are expected to increase less than the market. However, during the bear market, the loss of holding Perdoceo Education is expected to be smaller as well. Please check Perdoceo Education's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Perdoceo Education's historical price patterns will revert.
Auto-correlation | 0.84 |
Very good predictability
Perdoceo Education has very good predictability. Overlapping area represents the amount of predictability between Perdoceo Education time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Perdoceo Education price movement. The serial correlation of 0.84 indicates that around 84.0% of current Perdoceo Education price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.3 |
Perdoceo Education lagged returns against current returns
Autocorrelation, which is Perdoceo Education 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 Perdoceo Education's stock expected returns. We can calculate the autocorrelation of Perdoceo Education returns to help us make a trade decision. For example, suppose you find that Perdoceo Education has exhibited high autocorrelation historically, and you observe that the 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 |
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Perdoceo Education 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 Perdoceo Education stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Perdoceo Education stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Perdoceo Education stock over time.
Current vs Lagged Prices |
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Perdoceo Education Lagged Returns
When evaluating Perdoceo Education's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Perdoceo Education stock have on its future price. Perdoceo Education 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, Perdoceo Education autocorrelation shows the relationship between Perdoceo Education stock current value and its past values and can show if there is a momentum factor associated with investing in Perdoceo Education.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Perdoceo Stock
Perdoceo Education financial ratios help investors to determine whether Perdoceo 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 Perdoceo with respect to the benefits of owning Perdoceo Education security.