Prodways Group Sa Stock Market Value
| PRWYF Stock | USD 0.68 0.00 0.00% |
| Symbol | Prodways |
Prodways Group '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 Prodways Group'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 Prodways Group.
| 07/28/2024 |
| 01/19/2026 |
If you would invest 0.00 in Prodways Group on July 28, 2024 and sell it all today you would earn a total of 0.00 from holding Prodways Group SA or generate 0.0% return on investment in Prodways Group over 540 days. Prodways Group is related to or competes with Appen, Vecima Networks, EROAD, FDM Group, Fabasoft, Netlist, and Tracsis Plc. Prodways Group SA manufactures and sells industrial and professional 3D printers in France and internationally More
Prodways Group 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 Prodways Group'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 Prodways Group SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 9.33 |
Prodways Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prodways Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prodways Group's standard deviation. In reality, there are many statistical measures that can use Prodways Group historical prices to predict the future Prodways Group's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.88) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Prodways Group'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.
Prodways Group SA Backtested Returns
Prodways Group SA maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the firm had a -0.13 % return per unit of risk over the last 3 months. Prodways Group SA exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prodways Group's Variance of 1.32, risk adjusted performance of (0.08), and Coefficient Of Variation of (812.40) to confirm the risk estimate we provide. The company holds a Beta of 0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, Prodways Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Prodways Group is expected to be smaller as well. At this point, Prodways Group SA has a negative expected return of -0.15%. Please make sure to check Prodways Group's treynor ratio and day median price , to decide if Prodways Group SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Prodways Group SA has insignificant reverse predictability. Overlapping area represents the amount of predictability between Prodways Group time series from 28th of July 2024 to 24th of April 2025 and 24th of April 2025 to 19th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Prodways Group SA price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Prodways Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Prodways Group SA lagged returns against current returns
Autocorrelation, which is Prodways Group 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 Prodways Group's pink sheet expected returns. We can calculate the autocorrelation of Prodways Group returns to help us make a trade decision. For example, suppose you find that Prodways Group 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 |
Prodways Group 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 Prodways Group pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prodways Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prodways Group pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Prodways Group Lagged Returns
When evaluating Prodways Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prodways Group pink sheet have on its future price. Prodways Group 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, Prodways Group autocorrelation shows the relationship between Prodways Group pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Prodways Group SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Prodways Pink Sheet
Prodways Group financial ratios help investors to determine whether Prodways 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 Prodways with respect to the benefits of owning Prodways Group security.