Perma-Fix Environmental (Germany) Market Value
| PFX1 Stock | EUR 13.70 0.40 2.84% |
| Symbol | Perma-Fix |
Perma-Fix Environmental '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 Perma-Fix Environmental'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 Perma-Fix Environmental.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Perma-Fix Environmental on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Perma Fix Environmental Services or generate 0.0% return on investment in Perma-Fix Environmental over 510 days. Perma-Fix Environmental is related to or competes with Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, NorAm Drilling, and Identiv. Perma-Fix Environmental Services, Inc., through its subsidiaries, operates as an environmental and technology know-how c... More
Perma-Fix Environmental 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 Perma-Fix Environmental'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 Perma Fix Environmental Services upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.29 | |||
| Information Ratio | 0.1271 | |||
| Maximum Drawdown | 16.44 | |||
| Value At Risk | (5.19) | |||
| Potential Upside | 6.31 |
Perma-Fix Environmental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Perma-Fix Environmental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Perma-Fix Environmental's standard deviation. In reality, there are many statistical measures that can use Perma-Fix Environmental historical prices to predict the future Perma-Fix Environmental's volatility.| Risk Adjusted Performance | 0.1341 | |||
| Jensen Alpha | 0.4779 | |||
| Total Risk Alpha | 0.0239 | |||
| Sortino Ratio | 0.1303 | |||
| Treynor Ratio | 0.9418 |
Perma Fix Environmental Backtested Returns
Perma-Fix Environmental appears to be not too volatile, given 3 months investment horizon. Perma Fix Environmental maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the firm had a 0.18% return per unit of risk over the last 3 months. By analyzing Perma-Fix Environmental's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please evaluate Perma-Fix Environmental's Coefficient Of Variation of 604.99, risk adjusted performance of 0.1341, and Semi Deviation of 2.63 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Perma-Fix Environmental holds a performance score of 14. The company holds a Beta of 0.58, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Perma-Fix Environmental's returns are expected to increase less than the market. However, during the bear market, the loss of holding Perma-Fix Environmental is expected to be smaller as well. Please check Perma-Fix Environmental's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether Perma-Fix Environmental's historical price patterns will revert.
Auto-correlation | -0.22 |
Weak reverse predictability
Perma Fix Environmental Services has weak reverse predictability. Overlapping area represents the amount of predictability between Perma-Fix Environmental time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Perma Fix Environmental price movement. The serial correlation of -0.22 indicates that over 22.0% of current Perma-Fix Environmental price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 2.51 |
Perma Fix Environmental lagged returns against current returns
Autocorrelation, which is Perma-Fix Environmental 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 Perma-Fix Environmental's stock expected returns. We can calculate the autocorrelation of Perma-Fix Environmental returns to help us make a trade decision. For example, suppose you find that Perma-Fix Environmental 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 |
| Timeline |
Perma-Fix Environmental 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 Perma-Fix Environmental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Perma-Fix Environmental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Perma-Fix Environmental stock over time.
Current vs Lagged Prices |
| Timeline |
Perma-Fix Environmental Lagged Returns
When evaluating Perma-Fix Environmental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Perma-Fix Environmental stock have on its future price. Perma-Fix Environmental 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, Perma-Fix Environmental autocorrelation shows the relationship between Perma-Fix Environmental stock current value and its past values and can show if there is a momentum factor associated with investing in Perma Fix Environmental Services.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Perma-Fix Stock
Perma-Fix Environmental financial ratios help investors to determine whether Perma-Fix 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 Perma-Fix with respect to the benefits of owning Perma-Fix Environmental security.