PROSTALUND (Germany) Market Value
| 7PL Stock | 0.01 0.00 0.00% |
| Symbol | PROSTALUND |
Please note, there is a significant difference between PROSTALUND's value and its price as these two are different measures arrived at by different means. Investors typically determine if PROSTALUND is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PROSTALUND'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.
PROSTALUND '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 PROSTALUND'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 PROSTALUND.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in PROSTALUND on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding PROSTALUND AB or generate 0.0% return on investment in PROSTALUND over 720 days. PROSTALUND is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More
PROSTALUND 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 PROSTALUND'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 PROSTALUND AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 78.08 | |||
| Information Ratio | 0.2345 | |||
| Maximum Drawdown | 12497.81 | |||
| Value At Risk | (95.56) | |||
| Potential Upside | 1650.0 |
PROSTALUND Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PROSTALUND's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PROSTALUND's standard deviation. In reality, there are many statistical measures that can use PROSTALUND historical prices to predict the future PROSTALUND's volatility.| Risk Adjusted Performance | 0.1975 | |||
| Jensen Alpha | 512.95 | |||
| Total Risk Alpha | 410.22 | |||
| Sortino Ratio | 6.45 | |||
| Treynor Ratio | (1.85) |
PROSTALUND AB Backtested Returns
PROSTALUND is out of control given 3 months investment horizon. PROSTALUND AB maintains Sharpe Ratio (i.e., Efficiency) of 0.39, which implies the firm had a 0.39% return per unit of volatility over the last 3 months. We were able to interpolate twenty-four different technical indicators, which can help you to evaluate if expected returns of 133.23% are justified by taking the suggested risk. Use PROSTALUND semi deviation of 122.8, and Risk Adjusted Performance of 0.1975 to evaluate company specific risk that cannot be diversified away. PROSTALUND holds a performance score of 30 on a scale of zero to a hundred. The company holds a Beta of -272.39, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning PROSTALUND are expected to decrease by larger amounts. On the other hand, during market turmoil, PROSTALUND is expected to outperform it. Use PROSTALUND variance, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to analyze future returns on PROSTALUND.
Auto-correlation | 0.92 |
Excellent predictability
PROSTALUND AB has excellent predictability. Overlapping area represents the amount of predictability between PROSTALUND time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 PROSTALUND AB price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current PROSTALUND price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 3.04 |
PROSTALUND AB lagged returns against current returns
Autocorrelation, which is PROSTALUND 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 PROSTALUND's stock expected returns. We can calculate the autocorrelation of PROSTALUND returns to help us make a trade decision. For example, suppose you find that PROSTALUND 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 |
PROSTALUND 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 PROSTALUND stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PROSTALUND stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PROSTALUND stock over time.
Current vs Lagged Prices |
| Timeline |
PROSTALUND Lagged Returns
When evaluating PROSTALUND's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PROSTALUND stock have on its future price. PROSTALUND 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, PROSTALUND autocorrelation shows the relationship between PROSTALUND stock current value and its past values and can show if there is a momentum factor associated with investing in PROSTALUND AB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in PROSTALUND Stock
PROSTALUND financial ratios help investors to determine whether PROSTALUND Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PROSTALUND with respect to the benefits of owning PROSTALUND security.