Pioneer Power Solutions Stock Market Value
| PPSI Stock | USD 4.00 0.02 0.50% |
| Symbol | Pioneer |
Is Heavy Electrical Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pioneer Power. If investors know Pioneer will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pioneer Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Pioneer Power Solutions is measured differently than its book value, which is the value of Pioneer that is recorded on the company's balance sheet. Investors also form their own opinion of Pioneer Power's value that differs from its market value or its book value, called intrinsic value, which is Pioneer Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pioneer Power's market value can be influenced by many factors that don't directly affect Pioneer Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pioneer Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pioneer Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pioneer Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Pioneer Power '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 Pioneer Power'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 Pioneer Power.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Pioneer Power on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Pioneer Power Solutions or generate 0.0% return on investment in Pioneer Power over 30 days. Pioneer Power is related to or competes with CBAK Energy, Ocean Power, Ideal Power, Expion360, Polar Power, Eos Energy, and FuelCell Energy. Pioneer Power Solutions, Inc., together with its subsidiaries, designs, manufactures, sells, and services electric power... More
Pioneer Power 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 Pioneer Power'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 Pioneer Power Solutions upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 14.59 | |||
| Value At Risk | (4.68) | |||
| Potential Upside | 4.25 |
Pioneer Power Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pioneer Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pioneer Power's standard deviation. In reality, there are many statistical measures that can use Pioneer Power historical prices to predict the future Pioneer Power's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.41) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pioneer Power's 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.
Pioneer Power Solutions Backtested Returns
Pioneer Power Solutions maintains Sharpe Ratio (i.e., Efficiency) of -0.0581, which implies the firm had a -0.0581% return per unit of risk over the last 3 months. Pioneer Power Solutions exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pioneer Power's Coefficient Of Variation of (1,722), risk adjusted performance of (0.04), and Variance of 8.01 to confirm the risk estimate we provide. The company holds a Beta of 0.43, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pioneer Power's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pioneer Power is expected to be smaller as well. At this point, Pioneer Power Solutions has a negative expected return of -0.16%. Please make sure to check Pioneer Power's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Pioneer Power Solutions performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.61 |
Very good reverse predictability
Pioneer Power Solutions has very good reverse predictability. Overlapping area represents the amount of predictability between Pioneer Power time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pioneer Power Solutions price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Pioneer Power price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Pioneer Power Solutions lagged returns against current returns
Autocorrelation, which is Pioneer Power 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 Pioneer Power's stock expected returns. We can calculate the autocorrelation of Pioneer Power returns to help us make a trade decision. For example, suppose you find that Pioneer Power 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 |
Pioneer Power 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 Pioneer Power stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pioneer Power stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pioneer Power stock over time.
Current vs Lagged Prices |
| Timeline |
Pioneer Power Lagged Returns
When evaluating Pioneer Power's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pioneer Power stock have on its future price. Pioneer Power 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, Pioneer Power autocorrelation shows the relationship between Pioneer Power stock current value and its past values and can show if there is a momentum factor associated with investing in Pioneer Power Solutions.
Regressed Prices |
| Timeline |
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Check out Pioneer Power Correlation, Pioneer Power Volatility and Pioneer Power Alpha and Beta module to complement your research on Pioneer Power. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Pioneer Power technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.