1st Prestige Wealth Stock Market Value
| FPWM Stock | USD 0.0001 0.00 0.00% |
| Symbol | 1st |
1st Prestige '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 1st Prestige's pink sheet 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 1st Prestige.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in 1st Prestige on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding 1st Prestige Wealth or generate 0.0% return on investment in 1st Prestige over 30 days. 1st Prestige is related to or competes with Inpex Corp, Daikin IndustriesLtd, and USA Equities. Charlestowne Premium Beverages Inc. develops, produces, markets, and distributes alcoholic beverages worldwide More
1st Prestige 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 1st Prestige's pink sheet 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 1st Prestige Wealth upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 91.67 |
1st Prestige Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 1st Prestige's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 1st Prestige's standard deviation. In reality, there are many statistical measures that can use 1st Prestige historical prices to predict the future 1st Prestige's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (1.51) | |||
| Total Risk Alpha | (3.28) | |||
| Treynor Ratio | (1.64) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 1st Prestige'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.
1st Prestige Wealth Backtested Returns
1st Prestige Wealth secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of standard deviation over the last 3 months. 1st Prestige Wealth exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 1st Prestige's risk adjusted performance of (0.08), and Mean Deviation of 2.74 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.86, which signifies possible diversification benefits within a given portfolio. 1st Prestige returns are very sensitive to returns on the market. As the market goes up or down, 1st Prestige is expected to follow. At this point, 1st Prestige Wealth has a negative expected return of -1.43%. Please make sure to confirm 1st Prestige's treynor ratio and day median price , to decide if 1st Prestige Wealth performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
1st Prestige Wealth has no correlation between past and present. Overlapping area represents the amount of predictability between 1st Prestige 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 1st Prestige Wealth price movement. The serial correlation of 0.0 indicates that just 0.0% of current 1st Prestige price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
1st Prestige Wealth lagged returns against current returns
Autocorrelation, which is 1st Prestige pink sheet'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 1st Prestige's pink sheet expected returns. We can calculate the autocorrelation of 1st Prestige returns to help us make a trade decision. For example, suppose you find that 1st Prestige has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
1st Prestige 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 1st Prestige pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 1st Prestige pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 1st Prestige pink sheet over time.
Current vs Lagged Prices |
| Timeline |
1st Prestige Lagged Returns
When evaluating 1st Prestige's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 1st Prestige pink sheet have on its future price. 1st Prestige 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, 1st Prestige autocorrelation shows the relationship between 1st Prestige pink sheet current value and its past values and can show if there is a momentum factor associated with investing in 1st Prestige Wealth.
Regressed Prices |
| Timeline |
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1st Prestige financial ratios help investors to determine whether 1st Pink Sheet 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 1st with respect to the benefits of owning 1st Prestige security.