Polarean Imaging Plc Stock Market Value
| PLLWF Stock | USD 0.01 0.00 0.00% |
| Symbol | Polarean |
Polarean Imaging '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 Polarean Imaging'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 Polarean Imaging.
| 01/27/2024 |
| 01/16/2026 |
If you would invest 0.00 in Polarean Imaging on January 27, 2024 and sell it all today you would earn a total of 0.00 from holding Polarean Imaging plc or generate 0.0% return on investment in Polarean Imaging over 720 days. Polarean Imaging is related to or competes with Talis Biomedical. Polarean Imaging plc operates as a medical drug-device combination company serving the medical imaging market in the Uni... More
Polarean Imaging 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 Polarean Imaging'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 Polarean Imaging plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1301 | |||
| Maximum Drawdown | 644.63 | |||
| Value At Risk | (41.18) |
Polarean Imaging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Polarean Imaging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Polarean Imaging's standard deviation. In reality, there are many statistical measures that can use Polarean Imaging historical prices to predict the future Polarean Imaging's volatility.| Risk Adjusted Performance | 0.1009 | |||
| Jensen Alpha | 12.75 | |||
| Total Risk Alpha | (1.24) | |||
| Treynor Ratio | 4.46 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Polarean Imaging's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Polarean Imaging plc Backtested Returns
Polarean Imaging is out of control given 3 months investment horizon. Polarean Imaging plc maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13 % return per unit of risk over the last 3 months. We are able to interpolate and break down seventeen different technical indicators, which can help you to evaluate if expected returns of 13.68% are justified by taking the suggested risk. Use Polarean Imaging Coefficient Of Variation of 762.19, variance of 9900.69, and Risk Adjusted Performance of 0.1009 to evaluate company specific risk that cannot be diversified away. Polarean Imaging holds a performance score of 10 on a scale of zero to a hundred. The company holds a Beta of 2.93, 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, Polarean Imaging will likely underperform. Use Polarean Imaging information ratio and kurtosis , to analyze future returns on Polarean Imaging.
Auto-correlation | 0.83 |
Very good predictability
Polarean Imaging plc has very good predictability. Overlapping area represents the amount of predictability between Polarean Imaging time series from 27th of January 2024 to 21st of January 2025 and 21st of January 2025 to 16th 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 Polarean Imaging plc price movement. The serial correlation of 0.83 indicates that around 83.0% of current Polarean Imaging price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Polarean Imaging plc lagged returns against current returns
Autocorrelation, which is Polarean Imaging 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 Polarean Imaging's pink sheet expected returns. We can calculate the autocorrelation of Polarean Imaging returns to help us make a trade decision. For example, suppose you find that Polarean Imaging 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 |
Polarean Imaging 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 Polarean Imaging pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Polarean Imaging pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Polarean Imaging pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Polarean Imaging Lagged Returns
When evaluating Polarean Imaging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Polarean Imaging pink sheet have on its future price. Polarean Imaging 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, Polarean Imaging autocorrelation shows the relationship between Polarean Imaging pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Polarean Imaging plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Polarean Pink Sheet
Polarean Imaging financial ratios help investors to determine whether Polarean 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 Polarean with respect to the benefits of owning Polarean Imaging security.