Pluri Inc Stock Market Value
| PLUR Stock | USD 5.27 0.37 7.55% |
| Symbol | Pluri |
Pluri Inc Price To Book Ratio
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pluri. If investors know Pluri will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pluri listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.11) | Revenue Per Share 0.062 | Quarterly Revenue Growth (0.14) | Return On Assets (0.31) | Return On Equity (2.06) |
The market value of Pluri Inc is measured differently than its book value, which is the value of Pluri that is recorded on the company's balance sheet. Investors also form their own opinion of Pluri's value that differs from its market value or its book value, called intrinsic value, which is Pluri'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 Pluri's market value can be influenced by many factors that don't directly affect Pluri'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 Pluri's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pluri is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pluri'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.
Pluri '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 Pluri's 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 Pluri.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Pluri on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Pluri Inc or generate 0.0% return on investment in Pluri over 30 days. Pluri is related to or competes with BioLineRx, Purple Biotech, Enlivex Therapeutics, Transgene, Champions Oncology, MAIA Biotechnology, and Lumos Pharma. Pluri Inc., a biotechnology company, focuses on the development of placenta-based cell therapy product candidates for th... More
Pluri 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 Pluri's 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 Pluri Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.84 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 21.61 | |||
| Value At Risk | (8.45) | |||
| Potential Upside | 8.53 |
Pluri Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pluri's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pluri's standard deviation. In reality, there are many statistical measures that can use Pluri historical prices to predict the future Pluri's volatility.| Risk Adjusted Performance | 0.0185 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.72) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.103 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pluri'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.
Pluri Inc Backtested Returns
Pluri Inc maintains Sharpe Ratio (i.e., Efficiency) of -0.0053, which implies the firm had a -0.0053% return per unit of risk over the last 3 months. Pluri Inc exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pluri's Coefficient Of Variation of 7613.62, semi deviation of 4.68, and Risk Adjusted Performance of 0.0185 to confirm the risk estimate we provide. The company holds a Beta of 0.53, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pluri's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pluri is expected to be smaller as well. At this point, Pluri Inc has a negative expected return of -0.0269%. Please make sure to check Pluri's sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to decide if Pluri Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.43 |
Average predictability
Pluri Inc has average predictability. Overlapping area represents the amount of predictability between Pluri time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Pluri Inc price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Pluri price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Pluri Inc lagged returns against current returns
Autocorrelation, which is Pluri 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 Pluri's stock expected returns. We can calculate the autocorrelation of Pluri returns to help us make a trade decision. For example, suppose you find that Pluri has exhibited high autocorrelation historically, and you observe that the 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 |
Pluri 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 Pluri stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pluri stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pluri stock over time.
Current vs Lagged Prices |
| Timeline |
Pluri Lagged Returns
When evaluating Pluri's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pluri stock have on its future price. Pluri 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, Pluri autocorrelation shows the relationship between Pluri stock current value and its past values and can show if there is a momentum factor associated with investing in Pluri Inc.
Regressed Prices |
| Timeline |
Pair Trading with Pluri
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pluri position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pluri will appreciate offsetting losses from the drop in the long position's value.Moving against Pluri Stock
The ability to find closely correlated positions to Pluri could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pluri when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pluri - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pluri Inc to buy it.
The correlation of Pluri is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pluri moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pluri Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pluri can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Pluri Stock Analysis
When running Pluri's price analysis, check to measure Pluri's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pluri is operating at the current time. Most of Pluri's value examination focuses on studying past and present price action to predict the probability of Pluri's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pluri's price. Additionally, you may evaluate how the addition of Pluri to your portfolios can decrease your overall portfolio volatility.