Ppj Healthcare Enterprises Stock Market Value
| PPJE Stock | USD 0.0001 0.0001 50.00% |
| Symbol | PPJ |
PPJ Healthcare '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 PPJ Healthcare's 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 PPJ Healthcare.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in PPJ Healthcare on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding PPJ Healthcare Enterprises or generate 0.0% return on investment in PPJ Healthcare over 270 days. PPJ Healthcare is related to or competes with GE HealthCare, Veeva Systems, Solventum Corp, HealthEquity, and Doximity. PPJ Healthcare Enterprises, Inc., through its subsidiaries, provides automated healthcare reimbursement cycle, online he... More
PPJ Healthcare 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 PPJ Healthcare's 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 PPJ Healthcare Enterprises upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1188 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 100.0 |
PPJ Healthcare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PPJ Healthcare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PPJ Healthcare's standard deviation. In reality, there are many statistical measures that can use PPJ Healthcare historical prices to predict the future PPJ Healthcare's volatility.| Risk Adjusted Performance | 0.1042 | |||
| Jensen Alpha | 3.77 | |||
| Total Risk Alpha | (1.07) | |||
| Treynor Ratio | 49.38 |
PPJ Healthcare Enter Backtested Returns
PPJ Healthcare is out of control given 3 months investment horizon. PPJ Healthcare Enter maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the firm had a 0.19% return per unit of volatility over the last 3 months. We are able to break down twenty-two different technical indicators, which can help you to evaluate if expected returns of 33.08% are justified by taking the suggested risk. Use PPJ Healthcare coefficient of variation of 812.4, and Risk Adjusted Performance of 0.1042 to evaluate company specific risk that cannot be diversified away. PPJ Healthcare holds a performance score of 14 on a scale of zero to a hundred. The company holds a Beta of 0.0765, which implies not very significant fluctuations relative to the market. As returns on the market increase, PPJ Healthcare's returns are expected to increase less than the market. However, during the bear market, the loss of holding PPJ Healthcare is expected to be smaller as well. Use PPJ Healthcare maximum drawdown, as well as the relationship between the daily balance of power and price action indicator , to analyze future returns on PPJ Healthcare.
Auto-correlation | -0.08 |
Very weak reverse predictability
PPJ Healthcare Enterprises has very weak reverse predictability. Overlapping area represents the amount of predictability between PPJ Healthcare time series from 27th of February 2024 to 11th of July 2024 and 11th of July 2024 to 23rd 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 PPJ Healthcare Enter price movement. The serial correlation of -0.08 indicates that barely 8.0% of current PPJ Healthcare price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PPJ Healthcare Enter lagged returns against current returns
Autocorrelation, which is PPJ Healthcare 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 PPJ Healthcare's pink sheet expected returns. We can calculate the autocorrelation of PPJ Healthcare returns to help us make a trade decision. For example, suppose you find that PPJ Healthcare 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 |
PPJ Healthcare 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 PPJ Healthcare pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PPJ Healthcare pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PPJ Healthcare pink sheet over time.
Current vs Lagged Prices |
| Timeline |
PPJ Healthcare Lagged Returns
When evaluating PPJ Healthcare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PPJ Healthcare pink sheet have on its future price. PPJ Healthcare 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, PPJ Healthcare autocorrelation shows the relationship between PPJ Healthcare pink sheet current value and its past values and can show if there is a momentum factor associated with investing in PPJ Healthcare Enterprises.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in PPJ Pink Sheet
PPJ Healthcare financial ratios help investors to determine whether PPJ 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 PPJ with respect to the benefits of owning PPJ Healthcare security.