PATTIES FOODS's market value is the price at which a share of PATTIES FOODS trades on a public exchange. It measures the collective expectations of PATTIES FOODS investors about its performance. PATTIES FOODS is trading at 0.28 as of the 2nd of February 2025. This is a 3.45 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.28. With this module, you can estimate the performance of a buy and hold strategy of PATTIES FOODS and determine expected loss or profit from investing in PATTIES FOODS over a given investment horizon. Check out PATTIES FOODS Correlation, PATTIES FOODS Volatility and PATTIES FOODS Alpha and Beta module to complement your research on PATTIES FOODS.
Please note, there is a significant difference between PATTIES FOODS's value and its price as these two are different measures arrived at by different means. Investors typically determine if PATTIES FOODS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PATTIES FOODS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
PATTIES FOODS '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 PATTIES FOODS'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 PATTIES FOODS.
0.00
01/03/2025
No Change 0.00
0.0
In 30 days
02/02/2025
0.00
If you would invest 0.00 in PATTIES FOODS on January 3, 2025 and sell it all today you would earn a total of 0.00 from holding PATTIES FOODS or generate 0.0% return on investment in PATTIES FOODS over 30 days. PATTIES FOODS is related to or competes with T MOBILE, Mobilezone Holding, TITANIUM TRANSPORTGROUP, Zoom Video, T-Mobile, Highlight Communications, and Singapore Telecommunicatio. CStone Pharmaceuticals, a clinical-stage biotechnology company, focuses on developing and commercializing immuno-oncolog... More
PATTIES FOODS 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 PATTIES FOODS'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 PATTIES FOODS upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for PATTIES FOODS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PATTIES FOODS's standard deviation. In reality, there are many statistical measures that can use PATTIES FOODS historical prices to predict the future PATTIES FOODS's volatility.
PATTIES FOODS appears to be out of control, given 3 months investment horizon. PATTIES FOODS maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the company had a 0.1 % return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for PATTIES FOODS, which you can use to evaluate the volatility of the entity. Please evaluate PATTIES FOODS's Coefficient Of Variation of 1062.08, mean deviation of 2.9, and Market Risk Adjusted Performance of 2.76 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, PATTIES FOODS holds a performance score of 7. The firm holds a Beta of 0.13, which implies not very significant fluctuations relative to the market. As returns on the market increase, PATTIES FOODS's returns are expected to increase less than the market. However, during the bear market, the loss of holding PATTIES FOODS is expected to be smaller as well. Please check PATTIES FOODS's treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to make a quick decision on whether PATTIES FOODS's historical price patterns will revert.
Auto-correlation
0.64
Good predictability
PATTIES FOODS has good predictability. Overlapping area represents the amount of predictability between PATTIES FOODS time series from 3rd of January 2025 to 18th of January 2025 and 18th of January 2025 to 2nd 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 PATTIES FOODS price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current PATTIES FOODS price fluctuation can be explain by its past prices.
Correlation Coefficient
0.64
Spearman Rank Test
0.78
Residual Average
0.0
Price Variance
0.0
PATTIES FOODS lagged returns against current returns
Autocorrelation, which is PATTIES FOODS 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 PATTIES FOODS's stock expected returns. We can calculate the autocorrelation of PATTIES FOODS returns to help us make a trade decision. For example, suppose you find that PATTIES FOODS 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
PATTIES FOODS 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 PATTIES FOODS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PATTIES FOODS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PATTIES FOODS stock over time.
Current vs Lagged Prices
Timeline
PATTIES FOODS Lagged Returns
When evaluating PATTIES FOODS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PATTIES FOODS stock have on its future price. PATTIES FOODS 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, PATTIES FOODS autocorrelation shows the relationship between PATTIES FOODS stock current value and its past values and can show if there is a momentum factor associated with investing in PATTIES FOODS .
PATTIES FOODS financial ratios help investors to determine whether PATTIES 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 PATTIES with respect to the benefits of owning PATTIES FOODS security.