Pollard Banknote Limited Stock Market Value
| PBKOF Stock | USD 19.81 0.68 3.32% |
| Symbol | Pollard |
Pollard Banknote '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 Pollard Banknote'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 Pollard Banknote.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Pollard Banknote on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Pollard Banknote Limited or generate 0.0% return on investment in Pollard Banknote over 30 days. Pollard Banknote is related to or competes with Light Wonder, Codere Online, Inspired Entertainment, International Game, Accel Entertainment, Churchill Downs, and Gan. Pollard Banknote Limited, together with its subsidiaries, manufactures and sells a range of gaming products and services... More
Pollard Banknote 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 Pollard Banknote'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 Pollard Banknote Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.38 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 20.15 | |||
| Value At Risk | (1.14) | |||
| Potential Upside | 1.64 |
Pollard Banknote Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pollard Banknote's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pollard Banknote's standard deviation. In reality, there are many statistical measures that can use Pollard Banknote historical prices to predict the future Pollard Banknote's volatility.| Risk Adjusted Performance | 0.0148 | |||
| Jensen Alpha | 0.127 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.02) |
Pollard Banknote Backtested Returns
At this point, Pollard Banknote is out of control. Pollard Banknote maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Pollard Banknote, which you can use to evaluate the volatility of the company. Please check Pollard Banknote's Semi Deviation of 2.41, risk adjusted performance of 0.0148, and Coefficient Of Variation of 11449.29 to confirm if the risk estimate we provide is consistent with the expected return of 0.0327%. The company holds a Beta of -1.19, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Pollard Banknote are expected to decrease by larger amounts. On the other hand, during market turmoil, Pollard Banknote is expected to outperform it. Pollard Banknote right now holds a risk of 3.57%. Please check Pollard Banknote downside variance, and the relationship between the treynor ratio and kurtosis , to decide if Pollard Banknote will be following its historical price patterns.
Auto-correlation | 0.63 |
Good predictability
Pollard Banknote Limited has good predictability. Overlapping area represents the amount of predictability between Pollard Banknote time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st of January 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 Pollard Banknote price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Pollard Banknote price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 2.18 |
Pollard Banknote lagged returns against current returns
Autocorrelation, which is Pollard Banknote 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 Pollard Banknote's pink sheet expected returns. We can calculate the autocorrelation of Pollard Banknote returns to help us make a trade decision. For example, suppose you find that Pollard Banknote 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 |
Pollard Banknote 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 Pollard Banknote pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pollard Banknote pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pollard Banknote pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Pollard Banknote Lagged Returns
When evaluating Pollard Banknote's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pollard Banknote pink sheet have on its future price. Pollard Banknote 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, Pollard Banknote autocorrelation shows the relationship between Pollard Banknote pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Pollard Banknote Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Pollard Pink Sheet
Pollard Banknote financial ratios help investors to determine whether Pollard 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 Pollard with respect to the benefits of owning Pollard Banknote security.