Princeton Capital Stock Market Value
| PIAC Stock | USD 0.12 0.02 14.29% |
| Symbol | Princeton |
Princeton Capital '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 Princeton Capital'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 Princeton Capital.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Princeton Capital on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Princeton Capital or generate 0.0% return on investment in Princeton Capital over 30 days. Princeton Capital is related to or competes with Flow Capital, Urbana, Guardian Capital, and Elysee Development. Princeton Capital Corporation is a business development company specializing in the private equity investments More
Princeton Capital 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 Princeton Capital'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 Princeton Capital upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 79.06 | |||
| Value At Risk | (7.14) |
Princeton Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Princeton Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Princeton Capital's standard deviation. In reality, there are many statistical measures that can use Princeton Capital historical prices to predict the future Princeton Capital's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (1.29) | |||
| Treynor Ratio | (2.01) |
Princeton Capital Backtested Returns
Princeton Capital maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15% return per unit of risk over the last 3 months. Princeton Capital exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Princeton Capital's Variance of 72.21, risk adjusted performance of (0.01), and Coefficient Of Variation of (4,910) to confirm the risk estimate we provide. The company holds a Beta of 0.0911, which implies not very significant fluctuations relative to the market. As returns on the market increase, Princeton Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Princeton Capital is expected to be smaller as well. At this point, Princeton Capital has a negative expected return of -0.93%. Please make sure to check Princeton Capital's skewness, day median price, and the relationship between the total risk alpha and daily balance of power , to decide if Princeton Capital performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.27 |
Poor predictability
Princeton Capital has poor predictability. Overlapping area represents the amount of predictability between Princeton Capital time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Princeton Capital price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Princeton Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Princeton Capital lagged returns against current returns
Autocorrelation, which is Princeton Capital 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 Princeton Capital's pink sheet expected returns. We can calculate the autocorrelation of Princeton Capital returns to help us make a trade decision. For example, suppose you find that Princeton Capital 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 |
Princeton Capital 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 Princeton Capital pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Princeton Capital pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Princeton Capital pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Princeton Capital Lagged Returns
When evaluating Princeton Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Princeton Capital pink sheet have on its future price. Princeton Capital 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, Princeton Capital autocorrelation shows the relationship between Princeton Capital pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Princeton Capital.
Regressed Prices |
| Timeline |
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Princeton Capital financial ratios help investors to determine whether Princeton 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 Princeton with respect to the benefits of owning Princeton Capital security.