PVW Resources (Australia) Market Value
| PVW Stock | 0.02 0 5.88% |
| Symbol | PVW |
PVW Resources '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 PVW Resources' 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 PVW Resources.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in PVW Resources on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding PVW Resources or generate 0.0% return on investment in PVW Resources over 30 days. PVW Resources is related to or competes with Qbe Insurance, Finexia Financial, BSP Financial, Macquarie Technology, and Credit Clear. PVW Resources is entity of Australia. It is traded as Stock on AU exchange. More
PVW Resources 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 PVW Resources' 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 PVW Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 41.2 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 10.0 |
PVW Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PVW Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PVW Resources' standard deviation. In reality, there are many statistical measures that can use PVW Resources historical prices to predict the future PVW Resources' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (1.16) | |||
| Treynor Ratio | 1.34 |
PVW Resources Backtested Returns
PVW Resources maintains Sharpe Ratio (i.e., Efficiency) of -0.0212, which implies the firm had a -0.0212% return per unit of standard deviation over the last 3 months. PVW Resources exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PVW Resources' Risk Adjusted Performance of (0.01), coefficient of variation of (4,745), and Market Risk Adjusted Performance of 1.35 to confirm the risk estimate we provide. The company holds a Beta of -0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PVW Resources are expected to decrease at a much lower rate. During the bear market, PVW Resources is likely to outperform the market. At this point, PVW Resources has a negative expected return of -0.14%. Please make sure to check PVW Resources' kurtosis, day median price, period momentum indicator, as well as the relationship between the daily balance of power and market facilitation index , to decide if PVW Resources performance from the past will be repeated at some future point.
Auto-correlation | 0.21 |
Weak predictability
PVW Resources has weak predictability. Overlapping area represents the amount of predictability between PVW Resources time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 PVW Resources price movement. The serial correlation of 0.21 indicates that over 21.0% of current PVW Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PVW Resources lagged returns against current returns
Autocorrelation, which is PVW Resources 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 PVW Resources' stock expected returns. We can calculate the autocorrelation of PVW Resources returns to help us make a trade decision. For example, suppose you find that PVW Resources 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 |
PVW Resources 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 PVW Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PVW Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PVW Resources stock over time.
Current vs Lagged Prices |
| Timeline |
PVW Resources Lagged Returns
When evaluating PVW Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PVW Resources stock have on its future price. PVW Resources 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, PVW Resources autocorrelation shows the relationship between PVW Resources stock current value and its past values and can show if there is a momentum factor associated with investing in PVW Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for PVW Stock Analysis
When running PVW Resources' price analysis, check to measure PVW Resources' 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 PVW Resources is operating at the current time. Most of PVW Resources' value examination focuses on studying past and present price action to predict the probability of PVW Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PVW Resources' price. Additionally, you may evaluate how the addition of PVW Resources to your portfolios can decrease your overall portfolio volatility.