Puuilo Oyj's market value is the price at which a share of Puuilo Oyj trades on a public exchange. It measures the collective expectations of Puuilo Oyj investors about its performance. Puuilo Oyj is trading at 9.02 as of the 2nd of December 2024, a 0.66 percent decrease since the beginning of the trading day. The stock's open price was 9.08. With this module, you can estimate the performance of a buy and hold strategy of Puuilo Oyj and determine expected loss or profit from investing in Puuilo Oyj over a given investment horizon. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Symbol
Puuilo
Puuilo Oyj '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 Puuilo Oyj'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 Puuilo Oyj.
0.00
12/13/2022
No Change 0.00
0.0
In 1 year 11 months and 21 days
12/02/2024
0.00
If you would invest 0.00 in Puuilo Oyj on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Puuilo Oyj or generate 0.0% return on investment in Puuilo Oyj over 720 days.
Puuilo Oyj 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 Puuilo Oyj'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 Puuilo Oyj 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 Puuilo Oyj's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Puuilo Oyj's standard deviation. In reality, there are many statistical measures that can use Puuilo Oyj historical prices to predict the future Puuilo Oyj's volatility.
Puuilo Oyj maintains Sharpe Ratio (i.e., Efficiency) of -0.11, which implies the firm had a -0.11% return per unit of risk over the last 3 months. Puuilo Oyj exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Puuilo Oyj's Risk Adjusted Performance of (0.08), variance of 1.45, and Coefficient Of Variation of (950.65) to confirm the risk estimate we provide. The company holds a Beta of -0.0277, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Puuilo Oyj are expected to decrease at a much lower rate. During the bear market, Puuilo Oyj is likely to outperform the market. At this point, Puuilo Oyj has a negative expected return of -0.13%. Please make sure to check Puuilo Oyj's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Puuilo Oyj performance from the past will be repeated at some point in the near future.
Auto-correlation
0.45
Average predictability
Puuilo Oyj has average predictability. Overlapping area represents the amount of predictability between Puuilo Oyj time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 Puuilo Oyj price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Puuilo Oyj price fluctuation can be explain by its past prices.
Correlation Coefficient
0.45
Spearman Rank Test
0.46
Residual Average
0.0
Price Variance
0.38
Puuilo Oyj lagged returns against current returns
Autocorrelation, which is Puuilo Oyj 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 Puuilo Oyj's stock expected returns. We can calculate the autocorrelation of Puuilo Oyj returns to help us make a trade decision. For example, suppose you find that Puuilo Oyj 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
Puuilo Oyj 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 Puuilo Oyj stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Puuilo Oyj stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Puuilo Oyj stock over time.
Current vs Lagged Prices
Timeline
Puuilo Oyj Lagged Returns
When evaluating Puuilo Oyj's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Puuilo Oyj stock have on its future price. Puuilo Oyj 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, Puuilo Oyj autocorrelation shows the relationship between Puuilo Oyj stock current value and its past values and can show if there is a momentum factor associated with investing in Puuilo Oyj.
Regressed Prices
Timeline
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