Peer To Peer Stock Market Value
| PTOP Stock | USD 0.0003 0.0001 25.00% |
| Symbol | Peer |
Peer To '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 Peer To'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 Peer To.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Peer To on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Peer To Peer or generate 0.0% return on investment in Peer To over 720 days. Peer To is related to or competes with ANSYS, Bumble, S A P, Blackbaud, Zoom Video, and Esker SA. Peer to Peer Network provides daily horoscopes and live psychic advice through telephone and Internet More
Peer To 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 Peer To'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 Peer To Peer upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 40.82 | |||
| Information Ratio | 0.1528 | |||
| Maximum Drawdown | 233.33 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
Peer To Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Peer To's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Peer To's standard deviation. In reality, there are many statistical measures that can use Peer To historical prices to predict the future Peer To's volatility.| Risk Adjusted Performance | 0.1288 | |||
| Jensen Alpha | 4.55 | |||
| Total Risk Alpha | 0.8602 | |||
| Sortino Ratio | 0.1272 | |||
| Treynor Ratio | 0.7084 |
Peer To Peer Backtested Returns
Peer To is out of control given 3 months investment horizon. Peer To Peer maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. We were able to break down and interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 5.08% are justified by taking the suggested risk. Use Peer To Risk Adjusted Performance of 0.1288, coefficient of variation of 640.92, and Semi Deviation of 15.54 to evaluate company specific risk that cannot be diversified away. Peer To holds a performance score of 11 on a scale of zero to a hundred. The company holds a Beta of 7.47, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Peer To will likely underperform. Use Peer To sortino ratio, as well as the relationship between the semi variance and rate of daily change , to analyze future returns on Peer To.
Auto-correlation | 0.06 |
Virtually no predictability
Peer To Peer has virtually no predictability. Overlapping area represents the amount of predictability between Peer To time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 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 Peer To Peer price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Peer To price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Peer To Peer lagged returns against current returns
Autocorrelation, which is Peer To 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 Peer To's pink sheet expected returns. We can calculate the autocorrelation of Peer To returns to help us make a trade decision. For example, suppose you find that Peer To 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 |
Peer To 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 Peer To pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Peer To pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Peer To pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Peer To Lagged Returns
When evaluating Peer To's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Peer To pink sheet have on its future price. Peer To 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, Peer To autocorrelation shows the relationship between Peer To pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Peer To Peer.
Regressed Prices |
| Timeline |
Pair Trading with Peer To
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 Peer To 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 Peer To will appreciate offsetting losses from the drop in the long position's value.Moving against Peer Pink Sheet
| 0.37 | SHG | Shinhan Financial | PairCorr |
| 0.34 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.33 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.31 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
The ability to find closely correlated positions to Peer To could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Peer To 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 Peer To - 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 Peer To Peer to buy it.
The correlation of Peer To 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 Peer To moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Peer To Peer 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 Peer To 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.Additional Tools for Peer Pink Sheet Analysis
When running Peer To's price analysis, check to measure Peer To's 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 Peer To is operating at the current time. Most of Peer To's value examination focuses on studying past and present price action to predict the probability of Peer To's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Peer To's price. Additionally, you may evaluate how the addition of Peer To to your portfolios can decrease your overall portfolio volatility.