People Infrastructure (Australia) Market Value
| PPE Stock | 0.81 0.01 1.25% |
| Symbol | People |
People Infrastructure '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 People Infrastructure'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 People Infrastructure.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in People Infrastructure on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding People Infrastructure or generate 0.0% return on investment in People Infrastructure over 270 days. People Infrastructure is related to or competes with Global Health, Medical Developments, Fisher Paykel, MotorCycle Holdings, Regis Healthcare, and Austco Healthcare. People Infrastructure is entity of Australia More
People Infrastructure 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 People Infrastructure'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 People Infrastructure upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.89 | |||
| Information Ratio | 0.0077 | |||
| Maximum Drawdown | 19.87 | |||
| Value At Risk | (4.76) | |||
| Potential Upside | 5.48 |
People Infrastructure Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for People Infrastructure's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as People Infrastructure's standard deviation. In reality, there are many statistical measures that can use People Infrastructure historical prices to predict the future People Infrastructure's volatility.| Risk Adjusted Performance | 0.042 | |||
| Jensen Alpha | 0.1444 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | 0.007 | |||
| Treynor Ratio | 4.87 |
People Infrastructure Backtested Returns
Currently, People Infrastructure is extremely dangerous. People Infrastructure maintains Sharpe Ratio (i.e., Efficiency) of 0.051, which implies the firm had a 0.051% return per unit of risk over the last 3 months. We have found thirty technical indicators for People Infrastructure, which you can use to evaluate the volatility of the company. Please check People Infrastructure's Risk Adjusted Performance of 0.042, semi deviation of 2.92, and Coefficient Of Variation of 2245.27 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. People Infrastructure has a performance score of 4 on a scale of 0 to 100. The company holds a Beta of 0.0304, which implies not very significant fluctuations relative to the market. As returns on the market increase, People Infrastructure's returns are expected to increase less than the market. However, during the bear market, the loss of holding People Infrastructure is expected to be smaller as well. People Infrastructure right now holds a risk of 3.48%. Please check People Infrastructure treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if People Infrastructure will be following its historical price patterns.
Auto-correlation | 0.07 |
Virtually no predictability
People Infrastructure has virtually no predictability. Overlapping area represents the amount of predictability between People Infrastructure time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th 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 People Infrastructure price movement. The serial correlation of 0.07 indicates that barely 7.0% of current People Infrastructure price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
People Infrastructure lagged returns against current returns
Autocorrelation, which is People Infrastructure 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 People Infrastructure's stock expected returns. We can calculate the autocorrelation of People Infrastructure returns to help us make a trade decision. For example, suppose you find that People Infrastructure 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 |
People Infrastructure 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 People Infrastructure stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if People Infrastructure stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in People Infrastructure stock over time.
Current vs Lagged Prices |
| Timeline |
People Infrastructure Lagged Returns
When evaluating People Infrastructure's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of People Infrastructure stock have on its future price. People Infrastructure 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, People Infrastructure autocorrelation shows the relationship between People Infrastructure stock current value and its past values and can show if there is a momentum factor associated with investing in People Infrastructure.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for People Stock Analysis
When running People Infrastructure's price analysis, check to measure People Infrastructure'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 People Infrastructure is operating at the current time. Most of People Infrastructure's value examination focuses on studying past and present price action to predict the probability of People Infrastructure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move People Infrastructure's price. Additionally, you may evaluate how the addition of People Infrastructure to your portfolios can decrease your overall portfolio volatility.