Premier Products Group Stock Market Value
| PMPG Stock | USD 0.0001 0.00 0.00% |
| Symbol | Premier |
Premier Products '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 Premier Products' 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 Premier Products.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Premier Products on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Premier Products Group or generate 0.0% return on investment in Premier Products over 30 days. Premier Products is related to or competes with Embrace Change. Premier Products Group, Inc. engages in acquiring technology companies, developing SmartRoads and Smart City infrastruct... More
Premier Products 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 Premier Products' 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 Premier Products Group upside and downside potential and time the market with a certain degree of confidence.
Premier Products Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Premier Products' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Premier Products' standard deviation. In reality, there are many statistical measures that can use Premier Products historical prices to predict the future Premier Products' volatility.Premier Products Backtested Returns
We have found three technical indicators for Premier Products, which you can use to evaluate the volatility of the company. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Premier Products are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Premier Products Group has no correlation between past and present. Overlapping area represents the amount of predictability between Premier Products time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Premier Products price movement. The serial correlation of 0.0 indicates that just 0.0% of current Premier Products price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Premier Products lagged returns against current returns
Autocorrelation, which is Premier Products 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 Premier Products' pink sheet expected returns. We can calculate the autocorrelation of Premier Products returns to help us make a trade decision. For example, suppose you find that Premier Products 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 |
Premier Products 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 Premier Products pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Premier Products pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Premier Products pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Premier Products Lagged Returns
When evaluating Premier Products' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Premier Products pink sheet have on its future price. Premier Products 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, Premier Products autocorrelation shows the relationship between Premier Products pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Premier Products Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Premier Pink Sheet
Premier Products financial ratios help investors to determine whether Premier 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 Premier with respect to the benefits of owning Premier Products security.