Pyramidion Technology Group Stock Market Value
| NXGB Stock | USD 0 0 900.00% |
| Symbol | Pyramidion |
Pyramidion Technology '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 Pyramidion Technology'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 Pyramidion Technology.
| 08/05/2024 |
| 02/01/2025 |
If you would invest 0.00 in Pyramidion Technology on August 5, 2024 and sell it all today you would earn a total of 0.00 from holding Pyramidion Technology Group or generate 0.0% return on investment in Pyramidion Technology over 180 days. Pyramidion Technology is related to or competes with Simpson Manufacturing, Hurco Companies, Aris Water, ChampionX, Park Ohio, Atmos Energy, and RBC Bearings. NxGen Brands Inc., doing business as, LeafyWell, engages in manufacturing, distributing, and marketing various cannabidi... More
Pyramidion Technology 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 Pyramidion Technology'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 Pyramidion Technology Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1069 | |||
| Maximum Drawdown | 50.0 |
Pyramidion Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pyramidion Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pyramidion Technology's standard deviation. In reality, there are many statistical measures that can use Pyramidion Technology historical prices to predict the future Pyramidion Technology's volatility.| Risk Adjusted Performance | 0.1114 | |||
| Jensen Alpha | 0.6932 | |||
| Total Risk Alpha | 0.085 | |||
| Treynor Ratio | 1.24 |
Pyramidion Technology Backtested Returns
Pyramidion Technology is out of control given 3 months investment horizon. Pyramidion Technology maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13 % return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty different technical indicators, which can help you to evaluate if expected returns of 15.0% are justified by taking the suggested risk. Use Pyramidion Technology Variance of 37.88, coefficient of variation of 812.4, and Risk Adjusted Performance of 0.1114 to evaluate company specific risk that cannot be diversified away. Pyramidion Technology holds a performance score of 10 on a scale of zero to a hundred. The company holds a Beta of 0.61, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pyramidion Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pyramidion Technology is expected to be smaller as well. Use Pyramidion Technology accumulation distribution, as well as the relationship between the day median price and period momentum indicator , to analyze future returns on Pyramidion Technology.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Pyramidion Technology Group has insignificant reverse predictability. Overlapping area represents the amount of predictability between Pyramidion Technology time series from 5th of August 2024 to 3rd of November 2024 and 3rd of November 2024 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pyramidion Technology price movement. The serial correlation of -0.16 indicates that over 16.0% of current Pyramidion Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pyramidion Technology lagged returns against current returns
Autocorrelation, which is Pyramidion Technology 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 Pyramidion Technology's pink sheet expected returns. We can calculate the autocorrelation of Pyramidion Technology returns to help us make a trade decision. For example, suppose you find that Pyramidion Technology 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 |
Pyramidion Technology 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 Pyramidion Technology pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pyramidion Technology pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pyramidion Technology pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Pyramidion Technology Lagged Returns
When evaluating Pyramidion Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pyramidion Technology pink sheet have on its future price. Pyramidion Technology 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, Pyramidion Technology autocorrelation shows the relationship between Pyramidion Technology pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Pyramidion Technology Group.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Pyramidion Pink Sheet
Pyramidion Technology financial ratios help investors to determine whether Pyramidion 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 Pyramidion with respect to the benefits of owning Pyramidion Technology security.