Pursuit Attractions And Stock Market Value
| PRSU Stock | 40.25 0.23 0.57% |
| Symbol | Pursuit |
Is Hotels, Resorts & Cruise Lines 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 Pursuit Attractions. If investors know Pursuit 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 Pursuit Attractions 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 Pursuit Attractions and is measured differently than its book value, which is the value of Pursuit that is recorded on the company's balance sheet. Investors also form their own opinion of Pursuit Attractions' value that differs from its market value or its book value, called intrinsic value, which is Pursuit Attractions' 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 Pursuit Attractions' market value can be influenced by many factors that don't directly affect Pursuit Attractions' 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 Pursuit Attractions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pursuit Attractions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pursuit Attractions' 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.
Pursuit Attractions '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 Pursuit Attractions' 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 Pursuit Attractions.
| 02/12/2024 |
| 02/06/2025 |
If you would invest 0.00 in Pursuit Attractions on February 12, 2024 and sell it all today you would earn a total of 0.00 from holding Pursuit Attractions and or generate 0.0% return on investment in Pursuit Attractions over 360 days. Pursuit Attractions is related to or competes with Peoples Insurance, Constellation Brands, Radian, Diageo PLC, CanSino Biologics, Compania Cervecerias, and Vita Coco. More
Pursuit Attractions 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 Pursuit Attractions' 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 Pursuit Attractions and upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 9.44 | |||
| Value At Risk | (4.06) | |||
| Potential Upside | 2.79 |
Pursuit Attractions Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pursuit Attractions' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pursuit Attractions' standard deviation. In reality, there are many statistical measures that can use Pursuit Attractions historical prices to predict the future Pursuit Attractions' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.35) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pursuit Attractions' 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.
Pursuit Attractions and Backtested Returns
Pursuit Attractions and maintains Sharpe Ratio (i.e., Efficiency) of -0.0809, which implies the firm had a -0.0809 % return per unit of risk over the last 3 months. Pursuit Attractions and exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pursuit Attractions' Coefficient Of Variation of (1,236), variance of 3.59, and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide. The company holds a Beta of 0.47, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pursuit Attractions' returns are expected to increase less than the market. However, during the bear market, the loss of holding Pursuit Attractions is expected to be smaller as well. At this point, Pursuit Attractions and has a negative expected return of -0.15%. Please make sure to check Pursuit Attractions' treynor ratio and daily balance of power , to decide if Pursuit Attractions and performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.27 |
Weak reverse predictability
Pursuit Attractions and has weak reverse predictability. Overlapping area represents the amount of predictability between Pursuit Attractions time series from 12th of February 2024 to 10th of August 2024 and 10th of August 2024 to 6th of February 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 Pursuit Attractions and price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Pursuit Attractions price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 18.17 |
Pursuit Attractions and lagged returns against current returns
Autocorrelation, which is Pursuit Attractions 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 Pursuit Attractions' stock expected returns. We can calculate the autocorrelation of Pursuit Attractions returns to help us make a trade decision. For example, suppose you find that Pursuit Attractions 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 |
Pursuit Attractions 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 Pursuit Attractions stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pursuit Attractions stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pursuit Attractions stock over time.
Current vs Lagged Prices |
| Timeline |
Pursuit Attractions Lagged Returns
When evaluating Pursuit Attractions' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pursuit Attractions stock have on its future price. Pursuit Attractions 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, Pursuit Attractions autocorrelation shows the relationship between Pursuit Attractions stock current value and its past values and can show if there is a momentum factor associated with investing in Pursuit Attractions and.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Pursuit Stock Analysis
When running Pursuit Attractions' price analysis, check to measure Pursuit Attractions' 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 Pursuit Attractions is operating at the current time. Most of Pursuit Attractions' value examination focuses on studying past and present price action to predict the probability of Pursuit Attractions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pursuit Attractions' price. Additionally, you may evaluate how the addition of Pursuit Attractions to your portfolios can decrease your overall portfolio volatility.