Planet Labs Pbc Stock Market Value
| PL Stock | USD 5.82 0.27 4.86% |
| Symbol | Planet |
Is Electronic Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Planet Labs. If investors know Planet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Planet Labs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Planet Labs PBC is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Labs' value that differs from its market value or its book value, called intrinsic value, which is Planet Labs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Planet Labs' market value can be influenced by many factors that don't directly affect Planet Labs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Planet Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Labs' 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.
Planet Labs '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 Planet Labs' 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 Planet Labs.
| 11/02/2024 |
| 01/31/2025 |
If you would invest 0.00 in Planet Labs on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Planet Labs PBC or generate 0.0% return on investment in Planet Labs over 90 days. Planet Labs is related to or competes with Virgin Galactic, Eve Holding, Redwire Corp, Momentus, Rocket Lab, Intuitive Machines, and Sidus Space. Planet Labs PBC designs, constructs, and launches constellations of satellites with the intent of providing high cadence... More
Planet Labs 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 Planet Labs' 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 Planet Labs PBC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.88 | |||
| Information Ratio | 0.2935 | |||
| Maximum Drawdown | 27.58 | |||
| Value At Risk | (5.33) | |||
| Potential Upside | 14.07 |
Planet Labs Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Planet Labs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Planet Labs' standard deviation. In reality, there are many statistical measures that can use Planet Labs historical prices to predict the future Planet Labs' volatility.| Risk Adjusted Performance | 0.2682 | |||
| Jensen Alpha | 1.55 | |||
| Total Risk Alpha | 1.15 | |||
| Sortino Ratio | 0.4334 | |||
| Treynor Ratio | 0.7327 |
Planet Labs PBC Backtested Returns
Planet Labs is relatively risky given 3 months investment horizon. Planet Labs PBC maintains Sharpe Ratio (i.e., Efficiency) of 0.31, which implies the firm had a 0.31 % return per unit of risk over the last 3 months. We were able to break down and interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 1.78% are justified by taking the suggested risk. Use Planet Labs Semi Deviation of 3.08, coefficient of variation of 321.58, and Risk Adjusted Performance of 0.2682 to evaluate company specific risk that cannot be diversified away. Planet Labs holds a performance score of 24 on a scale of zero to a hundred. The company holds a Beta of 2.42, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Planet Labs will likely underperform. Use Planet Labs standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to analyze future returns on Planet Labs.
Auto-correlation | 0.38 |
Below average predictability
Planet Labs PBC has below average predictability. Overlapping area represents the amount of predictability between Planet Labs time series from 2nd of November 2024 to 17th of December 2024 and 17th of December 2024 to 31st of January 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 Planet Labs PBC price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Planet Labs price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.42 |
Planet Labs PBC lagged returns against current returns
Autocorrelation, which is Planet Labs 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 Planet Labs' stock expected returns. We can calculate the autocorrelation of Planet Labs returns to help us make a trade decision. For example, suppose you find that Planet Labs 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 |
Planet Labs 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 Planet Labs stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Planet Labs stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Planet Labs stock over time.
Current vs Lagged Prices |
| Timeline |
Planet Labs Lagged Returns
When evaluating Planet Labs' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Planet Labs stock have on its future price. Planet Labs 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, Planet Labs autocorrelation shows the relationship between Planet Labs stock current value and its past values and can show if there is a momentum factor associated with investing in Planet Labs PBC.
Regressed Prices |
| Timeline |
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Planet Labs technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.