Prominence Energy (Australia) Market Value
| PRM Stock | 0 0.0005 14.29% |
| Symbol | Prominence |
Prominence Energy '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 Prominence Energy'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 Prominence Energy.
| 11/29/2025 |
| 12/29/2025 |
If you would invest 0.00 in Prominence Energy on November 29, 2025 and sell it all today you would earn a total of 0.00 from holding Prominence Energy or generate 0.0% return on investment in Prominence Energy over 30 days. Prominence Energy is related to or competes with OohMedia, Microequities Asset, Centuria Office, Australian United, British Amer, Ai Media, and Pinnacle Investment. Prominence Energy is entity of Australia More
Prominence Energy 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 Prominence Energy'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 Prominence Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 17.17 | |||
| Information Ratio | 0.0861 | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 16.67 |
Prominence Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prominence Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prominence Energy's standard deviation. In reality, there are many statistical measures that can use Prominence Energy historical prices to predict the future Prominence Energy's volatility.| Risk Adjusted Performance | 0.0748 | |||
| Jensen Alpha | 1.16 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0596 | |||
| Treynor Ratio | (1.35) |
Prominence Energy Backtested Returns
Prominence Energy is out of control given 3 months investment horizon. Prominence Energy maintains Sharpe Ratio (i.e., Efficiency) of 0.0954, which implies the firm had a 0.0954 % return per unit of risk over the last 3 months. We have collected data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.16% are justified by taking the suggested risk. Use Prominence Energy Semi Deviation of 7.83, risk adjusted performance of 0.0748, and Coefficient Of Variation of 1072.42 to evaluate company specific risk that cannot be diversified away. Prominence Energy holds a performance score of 7 on a scale of zero to a hundred. The company holds a Beta of -0.81, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Prominence Energy are expected to decrease at a much lower rate. During the bear market, Prominence Energy is likely to outperform the market. Use Prominence Energy treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to analyze future returns on Prominence Energy.
Auto-correlation | 0.68 |
Good predictability
Prominence Energy has good predictability. Overlapping area represents the amount of predictability between Prominence Energy time series from 29th of November 2025 to 14th of December 2025 and 14th of December 2025 to 29th of December 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 Prominence Energy price movement. The serial correlation of 0.68 indicates that around 68.0% of current Prominence Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Prominence Energy lagged returns against current returns
Autocorrelation, which is Prominence Energy 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 Prominence Energy's stock expected returns. We can calculate the autocorrelation of Prominence Energy returns to help us make a trade decision. For example, suppose you find that Prominence Energy 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 |
Prominence Energy 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 Prominence Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prominence Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prominence Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Prominence Energy Lagged Returns
When evaluating Prominence Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prominence Energy stock have on its future price. Prominence Energy 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, Prominence Energy autocorrelation shows the relationship between Prominence Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Prominence Energy.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Prominence Stock Analysis
When running Prominence Energy's price analysis, check to measure Prominence Energy'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 Prominence Energy is operating at the current time. Most of Prominence Energy's value examination focuses on studying past and present price action to predict the probability of Prominence Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prominence Energy's price. Additionally, you may evaluate how the addition of Prominence Energy to your portfolios can decrease your overall portfolio volatility.