Ppk Group Limited Stock Market Value
| PLPKF Stock | USD 0.24 0.00 0.00% |
| Symbol | PPK |
PPK Group '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 PPK Group'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 PPK Group.
| 02/07/2023 |
| 01/22/2026 |
If you would invest 0.00 in PPK Group on February 7, 2023 and sell it all today you would earn a total of 0.00 from holding PPK Group Limited or generate 0.0% return on investment in PPK Group over 1080 days. PPK Group Limited, together with its subsidiaries, manufactures and sells boron nitride nanotubes in Australia More
PPK Group 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 PPK Group'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 PPK Group Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 25.0 |
PPK Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PPK Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PPK Group's standard deviation. In reality, there are many statistical measures that can use PPK Group historical prices to predict the future PPK Group's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.77) | |||
| Treynor Ratio | 15.61 |
PPK Group Limited Backtested Returns
PPK Group Limited maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the firm had a -0.13 % return per unit of volatility over the last 3 months. PPK Group Limited exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PPK Group's coefficient of variation of (812.40), and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide. The company holds a Beta of -0.0249, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PPK Group are expected to decrease at a much lower rate. During the bear market, PPK Group is likely to outperform the market. At this point, PPK Group Limited has a negative expected return of -0.4%. Please make sure to check PPK Group's variance, skewness, as well as the relationship between the Skewness and day typical price , to decide if PPK Group Limited performance from the past will be repeated at future time.
Auto-correlation | 0.84 |
Very good predictability
PPK Group Limited has very good predictability. Overlapping area represents the amount of predictability between PPK Group time series from 7th of February 2023 to 31st of July 2024 and 31st of July 2024 to 22nd 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 PPK Group Limited price movement. The serial correlation of 0.84 indicates that around 84.0% of current PPK Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PPK Group Limited lagged returns against current returns
Autocorrelation, which is PPK Group 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 PPK Group's pink sheet expected returns. We can calculate the autocorrelation of PPK Group returns to help us make a trade decision. For example, suppose you find that PPK Group 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 |
PPK Group 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 PPK Group pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PPK Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PPK Group pink sheet over time.
Current vs Lagged Prices |
| Timeline |
PPK Group Lagged Returns
When evaluating PPK Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PPK Group pink sheet have on its future price. PPK Group 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, PPK Group autocorrelation shows the relationship between PPK Group pink sheet current value and its past values and can show if there is a momentum factor associated with investing in PPK Group Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in PPK Pink Sheet
PPK Group financial ratios help investors to determine whether PPK 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 PPK with respect to the benefits of owning PPK Group security.