Plus500 Stock Market Value
| PLSQF Stock | USD 32.69 0.00 0.00% |
| Symbol | Plus500 |
Plus500 '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 Plus500'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 Plus500.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Plus500 on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Plus500 or generate 0.0% return on investment in Plus500 over 720 days. Plus500 is related to or competes with MarketAxess Holdings, Interactive Brokers, Evercore Partners, PJT Partners, and LPL Financial. Plus500 Ltd. develops and operates an online and mobile trading platform for individual customers to trade contracts for... More
Plus500 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 Plus500'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 Plus500 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 9.54 |
Plus500 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Plus500's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Plus500's standard deviation. In reality, there are many statistical measures that can use Plus500 historical prices to predict the future Plus500's volatility.| Risk Adjusted Performance | 0.0475 | |||
| Jensen Alpha | 0.0468 | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (1.70) |
Plus500 Backtested Returns
At this point, Plus500 is very steady. Plus500 maintains Sharpe Ratio (i.e., Efficiency) of 0.0617, which implies the firm had a 0.0617% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Plus500, which you can use to evaluate the volatility of the company. Please check Plus500's Variance of 0.7942, coefficient of variation of 1658.03, and Risk Adjusted Performance of 0.0475 to confirm if the risk estimate we provide is consistent with the expected return of 0.0563%. Plus500 has a performance score of 4 on a scale of 0 to 100. The company holds a Beta of -0.0257, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Plus500 are expected to decrease at a much lower rate. During the bear market, Plus500 is likely to outperform the market. Plus500 right now holds a risk of 0.91%. Please check Plus500 market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and rate of daily change , to decide if Plus500 will be following its historical price patterns.
Auto-correlation | -0.61 |
Very good reverse predictability
Plus500 has very good reverse predictability. Overlapping area represents the amount of predictability between Plus500 time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Plus500 price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Plus500 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 16.48 |
Plus500 lagged returns against current returns
Autocorrelation, which is Plus500 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 Plus500's pink sheet expected returns. We can calculate the autocorrelation of Plus500 returns to help us make a trade decision. For example, suppose you find that Plus500 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 |
Plus500 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 Plus500 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Plus500 pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Plus500 pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Plus500 Lagged Returns
When evaluating Plus500's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Plus500 pink sheet have on its future price. Plus500 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, Plus500 autocorrelation shows the relationship between Plus500 pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Plus500.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Plus500 Pink Sheet
Plus500 financial ratios help investors to determine whether Plus500 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 Plus500 with respect to the benefits of owning Plus500 security.