Pearl Gull (Australia) Market Value
| PLG Stock | 0.01 0 7.69% |
| Symbol | Pearl |
Pearl Gull '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 Pearl Gull'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 Pearl Gull.
| 12/28/2024 |
| 01/27/2025 |
If you would invest 0.00 in Pearl Gull on December 28, 2024 and sell it all today you would earn a total of 0.00 from holding Pearl Gull Iron or generate 0.0% return on investment in Pearl Gull over 30 days. Pearl Gull is related to or competes with Northern Star, Evolution Mining, Bluescope Steel, De Grey, Sandfire Resources, Aneka Tambang, and Perseus Mining. Pearl Gull is entity of Australia. It is traded as Stock on AU exchange. More
Pearl Gull 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 Pearl Gull'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 Pearl Gull Iron upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0) | |||
| Maximum Drawdown | 57.21 | |||
| Value At Risk | (5.56) |
Pearl Gull Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pearl Gull's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pearl Gull's standard deviation. In reality, there are many statistical measures that can use Pearl Gull historical prices to predict the future Pearl Gull's volatility.| Risk Adjusted Performance | 0.0151 | |||
| Jensen Alpha | 0.0294 | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 0.2203 |
Pearl Gull Iron Backtested Returns
Pearl Gull Iron 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. Pearl Gull Iron exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pearl Gull's Coefficient Of Variation of 13024.46, variance of 37.48, and Risk Adjusted Performance of 0.0151 to confirm the risk estimate we provide. The company holds a Beta of 0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pearl Gull's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pearl Gull is expected to be smaller as well. At this point, Pearl Gull Iron has a negative expected return of -0.57%. Please make sure to check Pearl Gull's mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to decide if Pearl Gull Iron performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.53 |
Modest predictability
Pearl Gull Iron has modest predictability. Overlapping area represents the amount of predictability between Pearl Gull time series from 28th of December 2024 to 12th of January 2025 and 12th of January 2025 to 27th 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 Pearl Gull Iron price movement. The serial correlation of 0.53 indicates that about 53.0% of current Pearl Gull price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pearl Gull Iron lagged returns against current returns
Autocorrelation, which is Pearl Gull 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 Pearl Gull's stock expected returns. We can calculate the autocorrelation of Pearl Gull returns to help us make a trade decision. For example, suppose you find that Pearl Gull 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 |
Pearl Gull 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 Pearl Gull stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pearl Gull stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pearl Gull stock over time.
Current vs Lagged Prices |
| Timeline |
Pearl Gull Lagged Returns
When evaluating Pearl Gull's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pearl Gull stock have on its future price. Pearl Gull 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, Pearl Gull autocorrelation shows the relationship between Pearl Gull stock current value and its past values and can show if there is a momentum factor associated with investing in Pearl Gull Iron.
Regressed Prices |
| Timeline |
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Additional Tools for Pearl Stock Analysis
When running Pearl Gull's price analysis, check to measure Pearl Gull's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pearl Gull is operating at the current time. Most of Pearl Gull's value examination focuses on studying past and present price action to predict the probability of Pearl Gull's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pearl Gull's price. Additionally, you may evaluate how the addition of Pearl Gull to your portfolios can decrease your overall portfolio volatility.