Pl Growth And Etf Market Value
| PLGI Etf | 25.63 0.08 0.31% |
| Symbol | PLGI |
The market value of PL Growth is measured differently than its book value, which is the value of PLGI that is recorded on the company's balance sheet. Investors also form their own opinion of PL Growth's value that differs from its market value or its book value, called intrinsic value, which is PL Growth's 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 PL Growth's market value can be influenced by many factors that don't directly affect PL Growth's 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 PL Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if PL Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PL Growth'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.
PL Growth '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 PL Growth's etf 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 PL Growth.
| 12/12/2025 |
| 01/11/2026 |
If you would invest 0.00 in PL Growth on December 12, 2025 and sell it all today you would earn a total of 0.00 from holding PL Growth and or generate 0.0% return on investment in PL Growth over 30 days. PL Growth is related to or competes with First Trust, Collaborative Investment, Draco Evolution, Aptus Defined, Northern Lights, Northern Lights, and ETF Series. PL Growth is entity of United States. It is traded as Etf on BATS exchange. More
PL Growth 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 PL Growth's etf 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 PL Growth and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4527 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 1.81 | |||
| Value At Risk | (0.56) | |||
| Potential Upside | 0.8026 |
PL Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PL Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PL Growth's standard deviation. In reality, there are many statistical measures that can use PL Growth historical prices to predict the future PL Growth's volatility.| Risk Adjusted Performance | 0.0784 | |||
| Jensen Alpha | 0.0365 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.4299 |
PL Growth Backtested Returns
PL Growth is very steady at the moment. PL Growth retains Efficiency (Sharpe Ratio) of 0.11, which implies the entity had a 0.11 % return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for PL Growth, which you can use to evaluate the volatility of the etf. Please check PL Growth's standard deviation of 0.4929, and Market Risk Adjusted Performance of 0.4399 to confirm if the risk estimate we provide is consistent with the expected return of 0.0528%. The etf owns a Beta (Systematic Risk) of 0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, PL Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding PL Growth is expected to be smaller as well.
Auto-correlation | 0.66 |
Good predictability
PL Growth and has good predictability. Overlapping area represents the amount of predictability between PL Growth time series from 12th of December 2025 to 27th of December 2025 and 27th of December 2025 to 11th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PL Growth price movement. The serial correlation of 0.66 indicates that around 66.0% of current PL Growth price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
PL Growth lagged returns against current returns
Autocorrelation, which is PL Growth etf'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 PL Growth's etf expected returns. We can calculate the autocorrelation of PL Growth returns to help us make a trade decision. For example, suppose you find that PL Growth has exhibited high autocorrelation historically, and you observe that the etf 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 |
PL Growth 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 PL Growth etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PL Growth etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PL Growth etf over time.
Current vs Lagged Prices |
| Timeline |
PL Growth Lagged Returns
When evaluating PL Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PL Growth etf have on its future price. PL Growth 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, PL Growth autocorrelation shows the relationship between PL Growth etf current value and its past values and can show if there is a momentum factor associated with investing in PL Growth and.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether PL Growth offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PL Growth's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pl Growth And Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Pl Growth And Etf:Check out PL Growth Correlation, PL Growth Volatility and PL Growth Alpha and Beta module to complement your research on PL Growth. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
PL Growth technical etf 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, etf market cycles, or different charting patterns.