Proficient Auto Logistics, Stock Market Value
| PAL Stock | 10.42 0.37 3.68% |
| Symbol | Proficient |
Proficient Auto Logi Company Valuation
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Proficient Auto. If investors know Proficient will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Proficient Auto listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 10.763 |
The market value of Proficient Auto Logi is measured differently than its book value, which is the value of Proficient that is recorded on the company's balance sheet. Investors also form their own opinion of Proficient Auto's value that differs from its market value or its book value, called intrinsic value, which is Proficient Auto's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Proficient Auto's market value can be influenced by many factors that don't directly affect Proficient Auto's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Proficient Auto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Proficient Auto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Proficient Auto'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.
Proficient Auto '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 Proficient Auto'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 Proficient Auto.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in Proficient Auto on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding Proficient Auto Logistics, or generate 0.0% return on investment in Proficient Auto over 90 days. Proficient Auto is related to or competes with Sea, Simpson Manufacturing, LB Foster, Meiwu Technology, Griffon, and Cardinal Health. North American Palladium Ltd. produces precious metals in Canada. More
Proficient Auto 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 Proficient Auto'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 Proficient Auto Logistics, upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 33.63 | |||
| Value At Risk | (5.04) | |||
| Potential Upside | 4.52 |
Proficient Auto Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Proficient Auto's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Proficient Auto's standard deviation. In reality, there are many statistical measures that can use Proficient Auto historical prices to predict the future Proficient Auto's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.94) | |||
| Total Risk Alpha | (1.51) | |||
| Treynor Ratio | (0.47) |
Proficient Auto Logi Backtested Returns
Proficient Auto Logi maintains Sharpe Ratio (i.e., Efficiency) of -0.17, which implies the firm had a -0.17% return per unit of risk over the last 3 months. Proficient Auto Logi exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Proficient Auto's Risk Adjusted Performance of (0.11), coefficient of variation of (631.70), and Variance of 21.37 to confirm the risk estimate we provide. The company holds a Beta of 1.58, 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, Proficient Auto will likely underperform. At this point, Proficient Auto Logi has a negative expected return of -0.79%. Please make sure to check Proficient Auto's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Proficient Auto Logi performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.65 |
Very good reverse predictability
Proficient Auto Logistics, has very good reverse predictability. Overlapping area represents the amount of predictability between Proficient Auto time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st 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 Proficient Auto Logi price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Proficient Auto price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.46 |
Proficient Auto Logi lagged returns against current returns
Autocorrelation, which is Proficient Auto 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 Proficient Auto's stock expected returns. We can calculate the autocorrelation of Proficient Auto returns to help us make a trade decision. For example, suppose you find that Proficient Auto 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 |
Proficient Auto 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 Proficient Auto stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Proficient Auto stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Proficient Auto stock over time.
Current vs Lagged Prices |
| Timeline |
Proficient Auto Lagged Returns
When evaluating Proficient Auto's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Proficient Auto stock have on its future price. Proficient Auto 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, Proficient Auto autocorrelation shows the relationship between Proficient Auto stock current value and its past values and can show if there is a momentum factor associated with investing in Proficient Auto Logistics,.
Regressed Prices |
| Timeline |
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Proficient Auto technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.