Patria Latin American Stock Market Value
| PLAO Stock | USD 11.63 0.00 0.00% |
| Symbol | Patria |
Patria Latin American Price To Book Ratio
Is Asset Management & Custody Banks 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 Patria Latin. If investors know Patria 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 Patria Latin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.19) | Earnings Share 0.57 | Return On Assets (0.01) |
The market value of Patria Latin American is measured differently than its book value, which is the value of Patria that is recorded on the company's balance sheet. Investors also form their own opinion of Patria Latin's value that differs from its market value or its book value, called intrinsic value, which is Patria Latin'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 Patria Latin's market value can be influenced by many factors that don't directly affect Patria Latin'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 Patria Latin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Patria Latin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patria Latin'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.
Patria Latin '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 Patria Latin'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 Patria Latin.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in Patria Latin on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding Patria Latin American or generate 0.0% return on investment in Patria Latin over 30 days. Patria Latin is related to or competes with Futuretech. Patria Latin American Opportunity Acquisition Corp More
Patria Latin 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 Patria Latin'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 Patria Latin American upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1335 | |||
| Information Ratio | (1.53) | |||
| Maximum Drawdown | 0.3451 | |||
| Value At Risk | (0.09) | |||
| Potential Upside | 0.1723 |
Patria Latin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Patria Latin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Patria Latin's standard deviation. In reality, there are many statistical measures that can use Patria Latin historical prices to predict the future Patria Latin's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.70) | |||
| Treynor Ratio | (0.93) |
Patria Latin American Backtested Returns
As of now, Patria Stock is very steady. Patria Latin American maintains Sharpe Ratio (i.e., Efficiency) of 0.0695, which implies the firm had a 0.0695% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Patria Latin American, which you can use to evaluate the volatility of the company. Please check Patria Latin's Standard Deviation of 0.0611, risk adjusted performance of (0.03), and Downside Deviation of 0.1335 to confirm if the risk estimate we provide is consistent with the expected return of 0.0041%. Patria Latin has a performance score of 5 on a scale of 0 to 100. The company holds a Beta of 0.0037, which implies not very significant fluctuations relative to the market. As returns on the market increase, Patria Latin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Patria Latin is expected to be smaller as well. Patria Latin American right now holds a risk of 0.0583%. Please check Patria Latin American treynor ratio, semi variance, as well as the relationship between the Semi Variance and day median price , to decide if Patria Latin American will be following its historical price patterns.
Auto-correlation | 1.00 |
Perfect predictability
Patria Latin American has perfect predictability. Overlapping area represents the amount of predictability between Patria Latin time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th 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 Patria Latin American price movement. The serial correlation of 1.0 indicates that 100.0% of current Patria Latin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Patria Latin American lagged returns against current returns
Autocorrelation, which is Patria Latin 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 Patria Latin's stock expected returns. We can calculate the autocorrelation of Patria Latin returns to help us make a trade decision. For example, suppose you find that Patria Latin 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 |
Patria Latin 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 Patria Latin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Patria Latin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Patria Latin stock over time.
Current vs Lagged Prices |
| Timeline |
Patria Latin Lagged Returns
When evaluating Patria Latin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Patria Latin stock have on its future price. Patria Latin 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, Patria Latin autocorrelation shows the relationship between Patria Latin stock current value and its past values and can show if there is a momentum factor associated with investing in Patria Latin American.
Regressed Prices |
| Timeline |
Pair Trading with Patria Latin
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Patria Latin position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Patria Latin will appreciate offsetting losses from the drop in the long position's value.Moving together with Patria Stock
| 0.68 | V | Visa Class A | PairCorr |
| 0.81 | MA | Mastercard | PairCorr |
| 0.88 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
Moving against Patria Stock
The ability to find closely correlated positions to Patria Latin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Patria Latin when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Patria Latin - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Patria Latin American to buy it.
The correlation of Patria Latin is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Patria Latin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Patria Latin American moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Patria Latin can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Patria Stock
Patria Latin financial ratios help investors to determine whether Patria 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 Patria with respect to the benefits of owning Patria Latin security.