PLUXEE NV's market value is the price at which a share of PLUXEE NV trades on a public exchange. It measures the collective expectations of PLUXEE NV investors about its performance. PLUXEE NV is trading at 19.37 as of the 28th of November 2024, a 1.68 percent down since the beginning of the trading day. The stock's open price was 19.7. With this module, you can estimate the performance of a buy and hold strategy of PLUXEE NV and determine expected loss or profit from investing in PLUXEE NV 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 company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
PLUXEE
PLUXEE NV '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 PLUXEE NV'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 PLUXEE NV.
0.00
09/29/2024
No Change 0.00
0.0
In 2 months and 1 day
11/28/2024
0.00
If you would invest 0.00 in PLUXEE NV on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding PLUXEE NV or generate 0.0% return on investment in PLUXEE NV over 60 days.
PLUXEE NV 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 PLUXEE NV'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 PLUXEE NV 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 PLUXEE NV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PLUXEE NV's standard deviation. In reality, there are many statistical measures that can use PLUXEE NV historical prices to predict the future PLUXEE NV's volatility.
PLUXEE NV maintains Sharpe Ratio (i.e., Efficiency) of -0.0277, which implies the firm had a -0.0277% return per unit of standard deviation over the last 3 months. PLUXEE NV exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PLUXEE NV's Market Risk Adjusted Performance of 5.21, coefficient of variation of (4,240), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The company holds a Beta of -0.0181, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PLUXEE NV are expected to decrease at a much lower rate. During the bear market, PLUXEE NV is likely to outperform the market. At this point, PLUXEE NV has a negative expected return of -0.1%. Please make sure to check PLUXEE NV's accumulation distribution, as well as the relationship between the day typical price and relative strength index , to decide if PLUXEE NV performance from the past will be repeated at some future point.
Auto-correlation
-0.56
Good reverse predictability
PLUXEE NV has good reverse predictability. Overlapping area represents the amount of predictability between PLUXEE NV time series from 29th of September 2024 to 29th of October 2024 and 29th of October 2024 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 PLUXEE NV price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current PLUXEE NV price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.56
Spearman Rank Test
-0.3
Residual Average
0.0
Price Variance
1.41
PLUXEE NV lagged returns against current returns
Autocorrelation, which is PLUXEE NV 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 PLUXEE NV's stock expected returns. We can calculate the autocorrelation of PLUXEE NV returns to help us make a trade decision. For example, suppose you find that PLUXEE NV 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
PLUXEE NV 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 PLUXEE NV stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PLUXEE NV stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PLUXEE NV stock over time.
Current vs Lagged Prices
Timeline
PLUXEE NV Lagged Returns
When evaluating PLUXEE NV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PLUXEE NV stock have on its future price. PLUXEE NV 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, PLUXEE NV autocorrelation shows the relationship between PLUXEE NV stock current value and its past values and can show if there is a momentum factor associated with investing in PLUXEE NV.
Regressed Prices
Timeline
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