Power Nickel's market value is the price at which a share of Power Nickel trades on a public exchange. It measures the collective expectations of Power Nickel investors about its performance. Power Nickel is trading at 0.55 as of the 29th of November 2024. This is a 5.77% up since the beginning of the trading day. The stock's lowest day price was 0.52. With this module, you can estimate the performance of a buy and hold strategy of Power Nickel and determine expected loss or profit from investing in Power Nickel 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 otc stock could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Power
Power Nickel '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 Power Nickel's otc 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 Power Nickel.
0.00
06/08/2023
No Change 0.00
0.0
In 1 year 5 months and 25 days
11/29/2024
0.00
If you would invest 0.00 in Power Nickel on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Power Nickel or generate 0.0% return on investment in Power Nickel over 540 days.
Power Nickel 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 Power Nickel's otc 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 Power Nickel 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 Power Nickel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Power Nickel's standard deviation. In reality, there are many statistical measures that can use Power Nickel historical prices to predict the future Power Nickel's volatility.
Power Nickel maintains Sharpe Ratio (i.e., Efficiency) of 0.0912, which implies the firm had a 0.0912% return per unit of risk over the last 3 months. We have found thirty technical indicators for Power Nickel, which you can use to evaluate the volatility of the company. Please evaluate Power Nickel's Risk Adjusted Performance of 0.0961, coefficient of variation of 870.47, and Semi Deviation of 3.22 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Power Nickel holds a performance score of 7. The company holds a Beta of 0.19, which implies not very significant fluctuations relative to the market. As returns on the market increase, Power Nickel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Power Nickel is expected to be smaller as well. Please check Power Nickel's downside variance and the relationship between the kurtosis and period momentum indicator , to make a quick decision on whether Power Nickel's historical price patterns will revert.
Auto-correlation
0.25
Poor predictability
Power Nickel has poor predictability. Overlapping area represents the amount of predictability between Power Nickel time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Power Nickel price movement. The serial correlation of 0.25 indicates that over 25.0% of current Power Nickel price fluctuation can be explain by its past prices.
Correlation Coefficient
0.25
Spearman Rank Test
0.19
Residual Average
0.0
Price Variance
0.02
Power Nickel lagged returns against current returns
Autocorrelation, which is Power Nickel otc 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 Power Nickel's otc stock expected returns. We can calculate the autocorrelation of Power Nickel returns to help us make a trade decision. For example, suppose you find that Power Nickel has exhibited high autocorrelation historically, and you observe that the otc 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
Power Nickel 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 Power Nickel otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Power Nickel otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Power Nickel otc stock over time.
Current vs Lagged Prices
Timeline
Power Nickel Lagged Returns
When evaluating Power Nickel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Power Nickel otc stock have on its future price. Power Nickel 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, Power Nickel autocorrelation shows the relationship between Power Nickel otc stock current value and its past values and can show if there is a momentum factor associated with investing in Power Nickel.