Parkway Life Real Stock Market Value
| PRKWF Stock | USD 2.60 0.11 4.06% |
| Symbol | Parkway |
Parkway Life '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 Parkway Life'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 Parkway Life.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in Parkway Life on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Parkway Life Real or generate 0.0% return on investment in Parkway Life over 360 days. Parkway Life is related to or competes with Omega Healthcare, LTC Properties, Healthpeak Properties, Global Medical, and Sabra Healthcare. Parkway Life Real Estate Investment Trust is one of Asias largest listed healthcare REITs by asset size More
Parkway Life 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 Parkway Life'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 Parkway Life Real upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 23.02 | |||
| Value At Risk | (6.65) | |||
| Potential Upside | 2.52 |
Parkway Life Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Parkway Life's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Parkway Life's standard deviation. In reality, there are many statistical measures that can use Parkway Life historical prices to predict the future Parkway Life's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (1.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Parkway Life'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.
Parkway Life Real Backtested Returns
Parkway Life Real maintains Sharpe Ratio (i.e., Efficiency) of -0.018, which implies the firm had a -0.018% return per unit of risk over the last 3 months. Parkway Life Real exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Parkway Life's Variance of 10.9, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,979) to confirm the risk estimate we provide. The company holds a Beta of 0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, Parkway Life's returns are expected to increase less than the market. However, during the bear market, the loss of holding Parkway Life is expected to be smaller as well. At this point, Parkway Life Real has a negative expected return of -0.0531%. Please make sure to check Parkway Life's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Parkway Life Real performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.08 |
Very weak reverse predictability
Parkway Life Real has very weak reverse predictability. Overlapping area represents the amount of predictability between Parkway Life time series from 28th of November 2023 to 26th of May 2024 and 26th of May 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 Parkway Life Real price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Parkway Life price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Parkway Life Real lagged returns against current returns
Autocorrelation, which is Parkway Life 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 Parkway Life's pink sheet expected returns. We can calculate the autocorrelation of Parkway Life returns to help us make a trade decision. For example, suppose you find that Parkway Life 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 |
Parkway Life 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 Parkway Life pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Parkway Life pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Parkway Life pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Parkway Life Lagged Returns
When evaluating Parkway Life's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Parkway Life pink sheet have on its future price. Parkway Life 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, Parkway Life autocorrelation shows the relationship between Parkway Life pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Parkway Life Real.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Parkway Pink Sheet
Parkway Life financial ratios help investors to determine whether Parkway 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 Parkway with respect to the benefits of owning Parkway Life security.