P Z's market value is the price at which a share of P Z trades on a public exchange. It measures the collective expectations of P Z CUSSONS investors about its performance. P Z is trading at 23.00 as of the 2nd of February 2025, a 2.13 percent decrease since the beginning of the trading day. The stock's open price was 23.5. With this module, you can estimate the performance of a buy and hold strategy of P Z CUSSONS and determine expected loss or profit from investing in P Z 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 board of governors.
Symbol
P Z
P Z '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 P Z'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 P Z.
0.00
01/03/2025
No Change 0.00
0.0
In 31 days
02/02/2025
0.00
If you would invest 0.00 in P Z on January 3, 2025 and sell it all today you would earn a total of 0.00 from holding P Z CUSSONS or generate 0.0% return on investment in P Z over 30 days.
P Z 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 P Z'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 P Z CUSSONS 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 P Z's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as P Z's standard deviation. In reality, there are many statistical measures that can use P Z historical prices to predict the future P Z's volatility.
At this point, P Z is not too volatile. P Z CUSSONS maintains Sharpe Ratio (i.e., Efficiency) of 0.0207, which implies the company had a 0.0207 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for P Z CUSSONS, which you can use to evaluate the volatility of the entity. Please check P Z's Coefficient Of Variation of 4827.77, standard deviation of 4.21, and Market Risk Adjusted Performance of 0.558 to confirm if the risk estimate we provide is consistent with the expected return of 0.0871%. P Z has a performance score of 1 on a scale of 0 to 100. The firm holds a Beta of 0.14, which implies not very significant fluctuations relative to the market. As returns on the market increase, P Z's returns are expected to increase less than the market. However, during the bear market, the loss of holding P Z is expected to be smaller as well. P Z CUSSONS at this moment holds a risk of 4.21%. Please check P Z CUSSONS maximum drawdown, expected short fall, as well as the relationship between the Expected Short fall and day median price , to decide if P Z CUSSONS will be following its historical price patterns.
Auto-correlation
-0.41
Modest reverse predictability
P Z CUSSONS has modest reverse predictability. Overlapping area represents the amount of predictability between P Z time series from 3rd of January 2025 to 18th of January 2025 and 18th of January 2025 to 2nd of February 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 P Z CUSSONS price movement. The serial correlation of -0.41 indicates that just about 41.0% of current P Z price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.41
Spearman Rank Test
-0.25
Residual Average
0.0
Price Variance
0.06
P Z CUSSONS lagged returns against current returns
Autocorrelation, which is P Z 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 P Z's stock expected returns. We can calculate the autocorrelation of P Z returns to help us make a trade decision. For example, suppose you find that P Z 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
P Z 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 P Z stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if P Z stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in P Z stock over time.
Current vs Lagged Prices
Timeline
P Z Lagged Returns
When evaluating P Z's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of P Z stock have on its future price. P Z 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, P Z autocorrelation shows the relationship between P Z stock current value and its past values and can show if there is a momentum factor associated with investing in P Z CUSSONS.
Regressed Prices
Timeline
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