Palayan Resources Stock Market Value
| PLYN Stock | USD 0.0001 0.0001 50.00% |
| Symbol | Palayan |
Palayan Resources '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 Palayan Resources' 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 Palayan Resources.
| 08/30/2024 |
| 11/28/2024 |
If you would invest 0.00 in Palayan Resources on August 30, 2024 and sell it all today you would earn a total of 0.00 from holding Palayan Resources or generate 0.0% return on investment in Palayan Resources over 90 days. Palayan Resources, Inc. does not have significant operations More
Palayan Resources 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 Palayan Resources' 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 Palayan Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 64.3 | |||
| Information Ratio | 0.1669 | |||
| Maximum Drawdown | 1096.97 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 100.0 |
Palayan Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Palayan Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Palayan Resources' standard deviation. In reality, there are many statistical measures that can use Palayan Resources historical prices to predict the future Palayan Resources' volatility.| Risk Adjusted Performance | 0.1384 | |||
| Jensen Alpha | 28.49 | |||
| Total Risk Alpha | 3.02 | |||
| Sortino Ratio | 0.4623 | |||
| Treynor Ratio | 2.56 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Palayan Resources' 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.
Palayan Resources Backtested Returns
Palayan Resources is out of control given 3 months investment horizon. Palayan Resources maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the firm had a 0.17% return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-eight different technical indicators, which can help you to evaluate if expected returns of 29.85% are justified by taking the suggested risk. Use Palayan Resources Semi Deviation of 22.06, coefficient of variation of 596.8, and Risk Adjusted Performance of 0.1384 to evaluate company specific risk that cannot be diversified away. Palayan Resources holds a performance score of 13 on a scale of zero to a hundred. The company holds a Beta of 11.67, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Palayan Resources will likely underperform. Use Palayan Resources value at risk, as well as the relationship between the kurtosis and period momentum indicator , to analyze future returns on Palayan Resources.
Auto-correlation | 0.26 |
Poor predictability
Palayan Resources has poor predictability. Overlapping area represents the amount of predictability between Palayan Resources time series from 30th of August 2024 to 14th of October 2024 and 14th 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 Palayan Resources price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Palayan Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Palayan Resources lagged returns against current returns
Autocorrelation, which is Palayan Resources 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 Palayan Resources' pink sheet expected returns. We can calculate the autocorrelation of Palayan Resources returns to help us make a trade decision. For example, suppose you find that Palayan Resources 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 |
Palayan Resources 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 Palayan Resources pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Palayan Resources pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Palayan Resources pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Palayan Resources Lagged Returns
When evaluating Palayan Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Palayan Resources pink sheet have on its future price. Palayan Resources 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, Palayan Resources autocorrelation shows the relationship between Palayan Resources pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Palayan Resources.
Regressed Prices |
| Timeline |
Pair Trading with Palayan Resources
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 Palayan Resources 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 Palayan Resources will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Palayan Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Palayan Resources 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 Palayan Resources - 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 Palayan Resources to buy it.
The correlation of Palayan Resources 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 Palayan Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Palayan Resources 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 Palayan Resources 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.Other Information on Investing in Palayan Pink Sheet
Palayan Resources financial ratios help investors to determine whether Palayan 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 Palayan with respect to the benefits of owning Palayan Resources security.