Pulse Seismic Stock Market Value
| PSD Stock | CAD 2.35 0.05 2.17% |
| Symbol | Pulse |
Pulse Seismic Price To Book Ratio
Pulse Seismic '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 Pulse Seismic'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 Pulse Seismic.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Pulse Seismic on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Pulse Seismic or generate 0.0% return on investment in Pulse Seismic over 180 days. Pulse Seismic is related to or competes with Pason Systems, Enerflex, Quarterhill, and Westaim Corp. Pulse Seismic Inc. acquires, markets, and licenses two-dimensional and three-dimensional seismic data for the energy sec... More
Pulse Seismic 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 Pulse Seismic'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 Pulse Seismic upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 10.76 | |||
| Value At Risk | (5.08) | |||
| Potential Upside | 3.69 |
Pulse Seismic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pulse Seismic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pulse Seismic's standard deviation. In reality, there are many statistical measures that can use Pulse Seismic historical prices to predict the future Pulse Seismic's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 1.41 |
Pulse Seismic Backtested Returns
Pulse Seismic maintains Sharpe Ratio (i.e., Efficiency) of -0.0132, which implies the firm had a -0.0132% return per unit of risk over the last 3 months. Pulse Seismic exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pulse Seismic's Variance of 5.48, coefficient of variation of (3,752), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The company holds a Beta of -0.0514, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pulse Seismic are expected to decrease at a much lower rate. During the bear market, Pulse Seismic is likely to outperform the market. At this point, Pulse Seismic has a negative expected return of -0.0319%. Please make sure to check Pulse Seismic's potential upside, as well as the relationship between the daily balance of power and price action indicator , to decide if Pulse Seismic performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.4 |
Poor reverse predictability
Pulse Seismic has poor reverse predictability. Overlapping area represents the amount of predictability between Pulse Seismic time series from 26th of May 2024 to 24th of August 2024 and 24th of August 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 Pulse Seismic price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Pulse Seismic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Pulse Seismic lagged returns against current returns
Autocorrelation, which is Pulse Seismic 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 Pulse Seismic's stock expected returns. We can calculate the autocorrelation of Pulse Seismic returns to help us make a trade decision. For example, suppose you find that Pulse Seismic 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 |
Pulse Seismic 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 Pulse Seismic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pulse Seismic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pulse Seismic stock over time.
Current vs Lagged Prices |
| Timeline |
Pulse Seismic Lagged Returns
When evaluating Pulse Seismic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pulse Seismic stock have on its future price. Pulse Seismic 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, Pulse Seismic autocorrelation shows the relationship between Pulse Seismic stock current value and its past values and can show if there is a momentum factor associated with investing in Pulse Seismic.
Regressed Prices |
| Timeline |
Pair Trading with Pulse Seismic
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pulse Seismic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pulse Seismic will appreciate offsetting losses from the drop in the long position's value.Moving against Pulse Stock
| 0.8 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.76 | ENB-PFU | Enbridge Pref L | PairCorr |
| 0.73 | ENS | E Split Corp | PairCorr |
| 0.68 | ENS-PA | E Split Corp | PairCorr |
| 0.68 | RY | Royal Bank | PairCorr |
The ability to find closely correlated positions to Pulse Seismic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pulse Seismic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pulse Seismic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pulse Seismic to buy it.
The correlation of Pulse Seismic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pulse Seismic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pulse Seismic moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pulse Seismic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Pulse Stock
Pulse Seismic financial ratios help investors to determine whether Pulse 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 Pulse with respect to the benefits of owning Pulse Seismic security.