Planet 13's market value is the price at which a share of Planet 13 trades on a public exchange. It measures the collective expectations of Planet 13 Holdings investors about its performance. Planet 13 is trading at 0.37 as of the 31st of January 2025. This is a 2.78% up since the beginning of the trading day. The stock's open price was 0.36. With this module, you can estimate the performance of a buy and hold strategy of Planet 13 Holdings and determine expected loss or profit from investing in Planet 13 over a given investment horizon. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as various price indices.
Symbol
Planet
Planet 13 '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 13's otc 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 13.
0.00
02/11/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/31/2025
0.00
If you would invest 0.00 in Planet 13 on February 11, 2023 and sell it all today you would earn a total of 0.00 from holding Planet 13 Holdings or generate 0.0% return on investment in Planet 13 over 720 days.
Planet 13 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 13's otc 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 13 Holdings upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Planet 13's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Planet 13's standard deviation. In reality, there are many statistical measures that can use Planet 13 historical prices to predict the future Planet 13's volatility.
Planet 13 Holdings maintains Sharpe Ratio (i.e., Efficiency) of -0.0915, which implies the firm had a -0.0915 % return per unit of risk over the last 3 months. Planet 13 Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Planet 13's Variance of 32.49, risk adjusted performance of (0.07), and Coefficient Of Variation of (1,093) to confirm the risk estimate we provide. The company holds a Beta of -1.69, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Planet 13 are expected to decrease by larger amounts. On the other hand, during market turmoil, Planet 13 is expected to outperform it. At this point, Planet 13 Holdings has a negative expected return of -0.52%. Please make sure to check Planet 13's total risk alpha and the relationship between the skewness and relative strength index , to decide if Planet 13 Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation
0.37
Below average predictability
Planet 13 Holdings has below average predictability. Overlapping area represents the amount of predictability between Planet 13 time series from 11th of February 2023 to 6th of February 2024 and 6th of February 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 13 Holdings price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Planet 13 price fluctuation can be explain by its past prices.
Correlation Coefficient
0.37
Spearman Rank Test
0.1
Residual Average
0.0
Price Variance
0.01
Planet 13 Holdings lagged returns against current returns
Autocorrelation, which is Planet 13 otc 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 13's otc stock expected returns. We can calculate the autocorrelation of Planet 13 returns to help us make a trade decision. For example, suppose you find that Planet 13 has exhibited high autocorrelation historically, and you observe that the otc 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 13 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 13 otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Planet 13 otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Planet 13 otc stock over time.
Current vs Lagged Prices
Timeline
Planet 13 Lagged Returns
When evaluating Planet 13's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Planet 13 otc stock have on its future price. Planet 13 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 13 autocorrelation shows the relationship between Planet 13 otc stock current value and its past values and can show if there is a momentum factor associated with investing in Planet 13 Holdings.