PSI Software's market value is the price at which a share of PSI Software trades on a public exchange. It measures the collective expectations of PSI Software AG investors about its performance. PSI Software is trading at 21.80 as of the 27th of November 2024, a 0.93 percent increase since the beginning of the trading day. The stock's lowest day price was 21.6. With this module, you can estimate the performance of a buy and hold strategy of PSI Software AG and determine expected loss or profit from investing in PSI Software over a given investment horizon. Check out PSI Software Correlation, PSI Software Volatility and PSI Software Alpha and Beta module to complement your research on PSI Software.
Please note, there is a significant difference between PSI Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if PSI Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PSI Software's 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.
PSI Software '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 PSI Software'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 PSI Software.
0.00
10/28/2024
No Change 0.00
0.0
In 31 days
11/27/2024
0.00
If you would invest 0.00 in PSI Software on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding PSI Software AG or generate 0.0% return on investment in PSI Software over 30 days. PSI Software is related to or competes with S A P, Workiva, and Fastly. More
PSI Software 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 PSI Software'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 PSI Software AG upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for PSI Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PSI Software's standard deviation. In reality, there are many statistical measures that can use PSI Software historical prices to predict the future PSI Software's volatility.
At this point, PSI Software is very steady. PSI Software AG maintains Sharpe Ratio (i.e., Efficiency) of 0.0697, which implies the firm had a 0.0697% return per unit of volatility over the last 3 months. We have found thirty technical indicators for PSI Software AG, which you can use to evaluate the volatility of the company. Please check PSI Software's semi deviation of 1.13, and Risk Adjusted Performance of 0.0514 to confirm if the risk estimate we provide is consistent with the expected return of 0.0899%. PSI Software has a performance score of 5 on a scale of 0 to 100. The company holds a Beta of 0.026, which implies not very significant fluctuations relative to the market. As returns on the market increase, PSI Software's returns are expected to increase less than the market. However, during the bear market, the loss of holding PSI Software is expected to be smaller as well. PSI Software AG currently holds a risk of 1.29%. Please check PSI Software AG coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if PSI Software AG will be following its historical price patterns.
Auto-correlation
0.05
Virtually no predictability
PSI Software AG has virtually no predictability. Overlapping area represents the amount of predictability between PSI Software time series from 28th of October 2024 to 12th of November 2024 and 12th of November 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 PSI Software AG price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current PSI Software price fluctuation can be explain by its past prices.
Correlation Coefficient
0.05
Spearman Rank Test
-0.59
Residual Average
0.0
Price Variance
0.05
PSI Software AG lagged returns against current returns
Autocorrelation, which is PSI Software 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 PSI Software's stock expected returns. We can calculate the autocorrelation of PSI Software returns to help us make a trade decision. For example, suppose you find that PSI Software 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
PSI Software 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 PSI Software stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PSI Software stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PSI Software stock over time.
Current vs Lagged Prices
Timeline
PSI Software Lagged Returns
When evaluating PSI Software's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PSI Software stock have on its future price. PSI Software 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, PSI Software autocorrelation shows the relationship between PSI Software stock current value and its past values and can show if there is a momentum factor associated with investing in PSI Software AG.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
PSI Software financial ratios help investors to determine whether PSI Stock 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 PSI with respect to the benefits of owning PSI Software security.