Pure Transit Technologies Stock Market Value
| PTTL Stock | USD 0.0001 0.00 0.00% |
| Symbol | Pure |
Pure Transit Technologies Price To Book Ratio
Is Recreational Vehicles space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pure Transit. If investors know Pure will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pure Transit listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.01) | Revenue Per Share | Quarterly Revenue Growth (0.21) | Return On Assets | Return On Equity |
The market value of Pure Transit Technologies is measured differently than its book value, which is the value of Pure that is recorded on the company's balance sheet. Investors also form their own opinion of Pure Transit's value that differs from its market value or its book value, called intrinsic value, which is Pure Transit's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pure Transit's market value can be influenced by many factors that don't directly affect Pure Transit's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pure Transit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pure Transit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pure Transit'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.
Pure Transit '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 Pure Transit'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 Pure Transit.
| 06/28/2025 |
| 12/25/2025 |
If you would invest 0.00 in Pure Transit on June 28, 2025 and sell it all today you would earn a total of 0.00 from holding Pure Transit Technologies or generate 0.0% return on investment in Pure Transit over 180 days. Pure Transit is related to or competes with Bonjour Holdings. Pure Transit Technologies, Inc. operates as an alternative fuel vehicle solutions provider in the United States More
Pure Transit 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 Pure Transit'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 Pure Transit Technologies upside and downside potential and time the market with a certain degree of confidence.
Pure Transit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pure Transit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pure Transit's standard deviation. In reality, there are many statistical measures that can use Pure Transit historical prices to predict the future Pure Transit's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pure Transit'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.
Pure Transit Technologies Backtested Returns
We have found three technical indicators for Pure Transit Technologies, which you can use to evaluate the volatility of the company. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Pure Transit are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Pure Transit Technologies has no correlation between past and present. Overlapping area represents the amount of predictability between Pure Transit time series from 28th of June 2025 to 26th of September 2025 and 26th of September 2025 to 25th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pure Transit Technologies price movement. The serial correlation of 0.0 indicates that just 0.0% of current Pure Transit price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pure Transit Technologies lagged returns against current returns
Autocorrelation, which is Pure Transit 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 Pure Transit's stock expected returns. We can calculate the autocorrelation of Pure Transit returns to help us make a trade decision. For example, suppose you find that Pure Transit 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 |
Pure Transit 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 Pure Transit stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pure Transit stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pure Transit stock over time.
Current vs Lagged Prices |
| Timeline |
Pure Transit Lagged Returns
When evaluating Pure Transit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pure Transit stock have on its future price. Pure Transit 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, Pure Transit autocorrelation shows the relationship between Pure Transit stock current value and its past values and can show if there is a momentum factor associated with investing in Pure Transit Technologies.
Regressed Prices |
| Timeline |
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Pure Transit technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.