Pd Rx Pharmaceutical Stock Market Value
| PDRX Stock | USD 3.33 0.00 0.00% |
| Symbol | PDRX |
Pd Rx '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 Pd Rx'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 Pd Rx.
| 02/07/2023 |
| 01/22/2026 |
If you would invest 0.00 in Pd Rx on February 7, 2023 and sell it all today you would earn a total of 0.00 from holding Pd Rx Pharmaceutical or generate 0.0% return on investment in Pd Rx over 1080 days. Pd Rx is related to or competes with Sweet Earth, and Interpace Biosciences. PD-Rx Pharmaceuticals, Inc. engages in the repackaging and distribution of prepackaged pharmaceutical products for the h... More
Pd Rx 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 Pd Rx'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 Pd Rx Pharmaceutical upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0743 | |||
| Maximum Drawdown | 14.83 | |||
| Potential Upside | 1.75 |
Pd Rx Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pd Rx's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pd Rx's standard deviation. In reality, there are many statistical measures that can use Pd Rx historical prices to predict the future Pd Rx's volatility.| Risk Adjusted Performance | 0.0979 | |||
| Jensen Alpha | 0.2561 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (2.14) |
Pd Rx Pharmaceutical Backtested Returns
Pd Rx appears to be slightly risky, given 3 months investment horizon. Pd Rx Pharmaceutical retains Efficiency (Sharpe Ratio) of 0.12, which implies the firm had a 0.12 % return per unit of price deviation over the last 3 months. We have found seventeen technical indicators for Pd Rx, which you can use to evaluate the volatility of the company. Please evaluate Pd Rx's market risk adjusted performance of (2.13), and Information Ratio of 0.0743 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pd Rx holds a performance score of 9. The company owns a Beta (Systematic Risk) of -0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pd Rx are expected to decrease at a much lower rate. During the bear market, Pd Rx is likely to outperform the market. Please check Pd Rx's risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and rate of daily change , to make a quick decision on whether Pd Rx's current price history will revert.
Auto-correlation | 0.57 |
Modest predictability
Pd Rx Pharmaceutical has modest predictability. Overlapping area represents the amount of predictability between Pd Rx time series from 7th of February 2023 to 31st of July 2024 and 31st of July 2024 to 22nd of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pd Rx Pharmaceutical price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Pd Rx price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
Pd Rx Pharmaceutical lagged returns against current returns
Autocorrelation, which is Pd Rx 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 Pd Rx's pink sheet expected returns. We can calculate the autocorrelation of Pd Rx returns to help us make a trade decision. For example, suppose you find that Pd Rx 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 |
Pd Rx 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 Pd Rx pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pd Rx pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pd Rx pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Pd Rx Lagged Returns
When evaluating Pd Rx's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pd Rx pink sheet have on its future price. Pd Rx 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, Pd Rx autocorrelation shows the relationship between Pd Rx pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Pd Rx Pharmaceutical.
Regressed Prices |
| Timeline |
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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.Additional Tools for PDRX Pink Sheet Analysis
When running Pd Rx's price analysis, check to measure Pd Rx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pd Rx is operating at the current time. Most of Pd Rx's value examination focuses on studying past and present price action to predict the probability of Pd Rx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pd Rx's price. Additionally, you may evaluate how the addition of Pd Rx to your portfolios can decrease your overall portfolio volatility.