Powerstorm Holdings Stock Market Value
| PSTO Stock | USD 0.01 0.01 44.39% |
| Symbol | Powerstorm |
Powerstorm Holdings '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 Powerstorm Holdings' 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 Powerstorm Holdings.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Powerstorm Holdings on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Powerstorm Holdings or generate 0.0% return on investment in Powerstorm Holdings over 30 days. Powerstorm Holdings is related to or competes with Solid Power, Plug Power, FREYR Battery, FuelCell Energy, and Enovix Corp. Powerstorm Holdings, Inc. operates a consortium of privately held sustainability-themed companies acquired for growth More
Powerstorm Holdings 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 Powerstorm Holdings' 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 Powerstorm Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 68.68 |
Powerstorm Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Powerstorm Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Powerstorm Holdings' standard deviation. In reality, there are many statistical measures that can use Powerstorm Holdings historical prices to predict the future Powerstorm Holdings' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.66) | |||
| Total Risk Alpha | (1.67) | |||
| Treynor Ratio | (0.78) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Powerstorm Holdings' 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.
Powerstorm Holdings Backtested Returns
Powerstorm Holdings maintains Sharpe Ratio (i.e., Efficiency) of -0.0862, which implies the firm had a -0.0862% return per unit of risk over the last 3 months. Powerstorm Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Powerstorm Holdings' Coefficient Of Variation of (1,178), risk adjusted performance of (0.06), and Variance of 43.42 to confirm the risk estimate we provide. The company holds a Beta of 0.73, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Powerstorm Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Powerstorm Holdings is expected to be smaller as well. At this point, Powerstorm Holdings has a negative expected return of -0.58%. Please make sure to check Powerstorm Holdings' kurtosis and market facilitation index , to decide if Powerstorm Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Powerstorm Holdings has no correlation between past and present. Overlapping area represents the amount of predictability between Powerstorm Holdings time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Powerstorm Holdings price movement. The serial correlation of 0.0 indicates that just 0.0% of current Powerstorm Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Powerstorm Holdings lagged returns against current returns
Autocorrelation, which is Powerstorm Holdings 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 Powerstorm Holdings' pink sheet expected returns. We can calculate the autocorrelation of Powerstorm Holdings returns to help us make a trade decision. For example, suppose you find that Powerstorm Holdings 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 |
Powerstorm Holdings 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 Powerstorm Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Powerstorm Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Powerstorm Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Powerstorm Holdings Lagged Returns
When evaluating Powerstorm Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Powerstorm Holdings pink sheet have on its future price. Powerstorm Holdings 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, Powerstorm Holdings autocorrelation shows the relationship between Powerstorm Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Powerstorm Holdings.
Regressed Prices |
| Timeline |
Pair Trading with Powerstorm Holdings
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 Powerstorm Holdings 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 Powerstorm Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Powerstorm Pink Sheet
Moving against Powerstorm Pink Sheet
| 0.64 | PLTR | Palantir Technologies Aggressive Push | PairCorr |
| 0.61 | 2457 | Phihong Technology | PairCorr |
| 0.55 | NTNX | Nutanix | PairCorr |
| 0.49 | MIELF | Mitsubishi Electric | PairCorr |
| 0.47 | FDS | FactSet Research Systems | PairCorr |
The ability to find closely correlated positions to Powerstorm Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Powerstorm Holdings 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 Powerstorm Holdings - 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 Powerstorm Holdings to buy it.
The correlation of Powerstorm Holdings 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 Powerstorm Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Powerstorm Holdings 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 Powerstorm Holdings 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 Powerstorm Pink Sheet
Powerstorm Holdings financial ratios help investors to determine whether Powerstorm 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 Powerstorm with respect to the benefits of owning Powerstorm Holdings security.