Papaya Growth Opportunity Stock Market Value
| PPYAU Stock | USD 11.19 0.00 0.00% |
| Symbol | Papaya |
Papaya Growth Opportunity Price To Book Ratio
Is Asset Management & Custody Banks 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 Papaya Growth. If investors know Papaya 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 Papaya Growth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.02) | Return On Assets (0.02) |
The market value of Papaya Growth Opportunity is measured differently than its book value, which is the value of Papaya that is recorded on the company's balance sheet. Investors also form their own opinion of Papaya Growth's value that differs from its market value or its book value, called intrinsic value, which is Papaya Growth'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 Papaya Growth's market value can be influenced by many factors that don't directly affect Papaya Growth'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 Papaya Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Papaya Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Papaya Growth'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.
Papaya Growth '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 Papaya Growth'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 Papaya Growth.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Papaya Growth on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Papaya Growth Opportunity or generate 0.0% return on investment in Papaya Growth over 30 days. Papaya Growth is related to or competes with Udemy, Relx PLC, AMREP, BBB Foods, Fast Retailing, Meiwu Technology, and Acco Brands. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar ... More
Papaya Growth 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 Papaya Growth'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 Papaya Growth Opportunity upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 8.72 | |||
| Value At Risk | (1.70) |
Papaya Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Papaya Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Papaya Growth's standard deviation. In reality, there are many statistical measures that can use Papaya Growth historical prices to predict the future Papaya Growth's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 2.13 |
Papaya Growth Opportunity Backtested Returns
Papaya Growth Opportunity maintains Sharpe Ratio (i.e., Efficiency) of -0.0788, which implies the firm had a -0.0788% return per unit of risk over the last 3 months. Papaya Growth Opportunity exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Papaya Growth's Coefficient Of Variation of (4,728), variance of 1.05, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The company holds a Beta of -0.0149, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Papaya Growth are expected to decrease at a much lower rate. During the bear market, Papaya Growth is likely to outperform the market. At this point, Papaya Growth Opportunity has a negative expected return of -0.0547%. Please make sure to check Papaya Growth's jensen alpha and rate of daily change , to decide if Papaya Growth Opportunity performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Papaya Growth Opportunity has no correlation between past and present. Overlapping area represents the amount of predictability between Papaya Growth time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Papaya Growth Opportunity price movement. The serial correlation of 0.0 indicates that just 0.0% of current Papaya Growth 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 |
Papaya Growth Opportunity lagged returns against current returns
Autocorrelation, which is Papaya Growth 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 Papaya Growth's stock expected returns. We can calculate the autocorrelation of Papaya Growth returns to help us make a trade decision. For example, suppose you find that Papaya Growth 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 |
Papaya Growth 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 Papaya Growth stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Papaya Growth stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Papaya Growth stock over time.
Current vs Lagged Prices |
| Timeline |
Papaya Growth Lagged Returns
When evaluating Papaya Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Papaya Growth stock have on its future price. Papaya Growth 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, Papaya Growth autocorrelation shows the relationship between Papaya Growth stock current value and its past values and can show if there is a momentum factor associated with investing in Papaya Growth Opportunity.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Papaya Stock Analysis
When running Papaya Growth's price analysis, check to measure Papaya Growth'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 Papaya Growth is operating at the current time. Most of Papaya Growth's value examination focuses on studying past and present price action to predict the probability of Papaya Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Papaya Growth's price. Additionally, you may evaluate how the addition of Papaya Growth to your portfolios can decrease your overall portfolio volatility.