Pyxus International Stock Market Value
| PYYX Stock | USD 2.80 0.29 11.55% |
| Symbol | Pyxus |
Pyxus International '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 Pyxus International'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 Pyxus International.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Pyxus International on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Pyxus International or generate 0.0% return on investment in Pyxus International over 30 days. Pyxus International is related to or competes with Greenlane Holdings, Japan Tobacco, Kaival Brands, and RLX Technology. Pyxus International, Inc., an agricultural company, engages in the provision of value-added products and services to bus... More
Pyxus International 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 Pyxus International'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 Pyxus International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.02 | |||
| Information Ratio | 9.0E-4 | |||
| Maximum Drawdown | 32.65 | |||
| Value At Risk | (13.10) | |||
| Potential Upside | 11.55 |
Pyxus International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pyxus International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pyxus International's standard deviation. In reality, there are many statistical measures that can use Pyxus International historical prices to predict the future Pyxus International's volatility.| Risk Adjusted Performance | 0.0244 | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.90) | |||
| Sortino Ratio | 8.0E-4 | |||
| Treynor Ratio | 0.0557 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pyxus International'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.
Pyxus International Backtested Returns
At this stage we consider Pyxus Pink Sheet to be dangerous. Pyxus International maintains Sharpe Ratio (i.e., Efficiency) of 0.0249, which implies the firm had a 0.0249% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Pyxus International, which you can use to evaluate the volatility of the company. Please check Pyxus International's Risk Adjusted Performance of 0.0244, semi deviation of 5.4, and Coefficient Of Variation of 4902.24 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. Pyxus International has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 2.24, 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, Pyxus International will likely underperform. Pyxus International right now holds a risk of 6.76%. Please check Pyxus International potential upside, accumulation distribution, price action indicator, as well as the relationship between the expected short fall and day median price , to decide if Pyxus International will be following its historical price patterns.
Auto-correlation | -0.32 |
Poor reverse predictability
Pyxus International has poor reverse predictability. Overlapping area represents the amount of predictability between Pyxus International time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Pyxus International price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Pyxus International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Pyxus International lagged returns against current returns
Autocorrelation, which is Pyxus International 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 Pyxus International's pink sheet expected returns. We can calculate the autocorrelation of Pyxus International returns to help us make a trade decision. For example, suppose you find that Pyxus International 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 |
Pyxus International 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 Pyxus International pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pyxus International pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pyxus International pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Pyxus International Lagged Returns
When evaluating Pyxus International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pyxus International pink sheet have on its future price. Pyxus International 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, Pyxus International autocorrelation shows the relationship between Pyxus International pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Pyxus International.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Pyxus Pink Sheet Analysis
When running Pyxus International's price analysis, check to measure Pyxus International'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 Pyxus International is operating at the current time. Most of Pyxus International's value examination focuses on studying past and present price action to predict the probability of Pyxus International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pyxus International's price. Additionally, you may evaluate how the addition of Pyxus International to your portfolios can decrease your overall portfolio volatility.