Puregold Price Club Stock Market Value
| PGCMF Stock | USD 0.53 0.00 0.00% |
| Symbol | Puregold |
Puregold Price '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 Puregold Price'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 Puregold Price.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Puregold Price on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Puregold Price Club or generate 0.0% return on investment in Puregold Price over 720 days. Puregold Price is related to or competes with Woolworths Holdings, Dillards Capital, Marks Spencer, Kohls Corp, Nordstrom, Macys, and Dillards. Puregold Price Club, Inc. engages in the retail and wholesale of consumer goods in the Philippines More
Puregold Price 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 Puregold Price'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 Puregold Price Club upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.43) | |||
| Maximum Drawdown | 1.92 |
Puregold Price Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Puregold Price's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Puregold Price's standard deviation. In reality, there are many statistical measures that can use Puregold Price historical prices to predict the future Puregold Price's volatility.| Risk Adjusted Performance | 0.0718 | |||
| Jensen Alpha | 0.0155 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 0.6379 |
Puregold Price Club Backtested Returns
At this point, Puregold Price is slightly risky. Puregold Price Club 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 have found sixteen technical indicators for Puregold Price Club, which you can use to evaluate the volatility of the company. Please check Puregold Price's Variance of 0.056, risk adjusted performance of 0.0718, and Coefficient Of Variation of 812.4 to confirm if the risk estimate we provide is consistent with the expected return of 0.0305%. Puregold Price has a performance score of 9 on a scale of 0 to 100. The company holds a Beta of 0.03, which implies not very significant fluctuations relative to the market. As returns on the market increase, Puregold Price's returns are expected to increase less than the market. However, during the bear market, the loss of holding Puregold Price is expected to be smaller as well. Puregold Price Club right now holds a risk of 0.24%. Please check Puregold Price Club standard deviation, as well as the relationship between the maximum drawdown and day median price , to decide if Puregold Price Club will be following its historical price patterns.
Auto-correlation | 0.30 |
Below average predictability
Puregold Price Club has below average predictability. Overlapping area represents the amount of predictability between Puregold Price time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Puregold Price Club price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Puregold Price price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Puregold Price Club lagged returns against current returns
Autocorrelation, which is Puregold Price 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 Puregold Price's pink sheet expected returns. We can calculate the autocorrelation of Puregold Price returns to help us make a trade decision. For example, suppose you find that Puregold Price 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 |
Puregold Price 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 Puregold Price pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Puregold Price pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Puregold Price pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Puregold Price Lagged Returns
When evaluating Puregold Price's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Puregold Price pink sheet have on its future price. Puregold Price 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, Puregold Price autocorrelation shows the relationship between Puregold Price pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Puregold Price Club.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Puregold Pink Sheet
Puregold Price financial ratios help investors to determine whether Puregold 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 Puregold with respect to the benefits of owning Puregold Price security.