Profitable Develop Stock Market Value
| PRDL Stock | USD 0.0003 0.0001 50.00% |
| Symbol | Profitable |
Profitable Develop '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 Profitable Develop'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 Profitable Develop.
| 12/03/2023 |
| 11/27/2024 |
If you would invest 0.00 in Profitable Develop on December 3, 2023 and sell it all today you would earn a total of 0.00 from holding Profitable Develop or generate 0.0% return on investment in Profitable Develop over 360 days. Profitable Develop is related to or competes with Green Planet, Azure Holding, and Four Leaf. Profitable Developments, Inc. operates as a property development company More
Profitable Develop 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 Profitable Develop'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 Profitable Develop upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 35.63 | |||
| Information Ratio | 0.1215 | |||
| Maximum Drawdown | 83.33 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
Profitable Develop Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Profitable Develop's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Profitable Develop's standard deviation. In reality, there are many statistical measures that can use Profitable Develop historical prices to predict the future Profitable Develop's volatility.| Risk Adjusted Performance | 0.1071 | |||
| Jensen Alpha | 2.58 | |||
| Total Risk Alpha | (0.67) | |||
| Sortino Ratio | 0.0743 | |||
| Treynor Ratio | 1.76 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Profitable Develop'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.
Profitable Develop Backtested Returns
Profitable Develop is out of control given 3 months investment horizon. Profitable Develop maintains Sharpe Ratio (i.e., Efficiency) of 0.0985, which implies the firm had a 0.0985% return per unit of risk over the last 3 months. We were able to break down thirty different technical indicators, which can help you to evaluate if expected returns of 2.12% are justified by taking the suggested risk. Use Profitable Develop Risk Adjusted Performance of 0.1071, semi deviation of 12.49, and Coefficient Of Variation of 784.66 to evaluate company specific risk that cannot be diversified away. Profitable Develop holds a performance score of 7 on a scale of zero to a hundred. The company holds a Beta of 1.57, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Profitable Develop will likely underperform. Use Profitable Develop value at risk and the relationship between the skewness and relative strength index , to analyze future returns on Profitable Develop.
Auto-correlation | 0.19 |
Very weak predictability
Profitable Develop has very weak predictability. Overlapping area represents the amount of predictability between Profitable Develop time series from 3rd of December 2023 to 31st of May 2024 and 31st of May 2024 to 27th 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 Profitable Develop price movement. The serial correlation of 0.19 indicates that over 19.0% of current Profitable Develop price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Profitable Develop lagged returns against current returns
Autocorrelation, which is Profitable Develop 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 Profitable Develop's pink sheet expected returns. We can calculate the autocorrelation of Profitable Develop returns to help us make a trade decision. For example, suppose you find that Profitable Develop 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 |
Profitable Develop 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 Profitable Develop pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Profitable Develop pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Profitable Develop pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Profitable Develop Lagged Returns
When evaluating Profitable Develop's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Profitable Develop pink sheet have on its future price. Profitable Develop 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, Profitable Develop autocorrelation shows the relationship between Profitable Develop pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Profitable Develop.
Regressed Prices |
| Timeline |
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Profitable Develop financial ratios help investors to determine whether Profitable 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 Profitable with respect to the benefits of owning Profitable Develop security.