Premier Power Renewable Stock Market Value
| PPRW Stock | USD 0.0001 0.00 0.00% |
| Symbol | Premier |
Premier Power '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 Premier Power'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 Premier Power.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Premier Power on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding Premier Power Renewable or generate 0.0% return on investment in Premier Power over 210 days. Premier Power is related to or competes with Avient Corp, Apogee Enterprises, Seadrill, Nabors Industries, and AKITA Drilling. Premier Power Renewable Energy, Inc., through its wholly owned subsidiaries, engages in the design, development, and int... More
Premier Power 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 Premier Power'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 Premier Power Renewable upside and downside potential and time the market with a certain degree of confidence.
Premier Power Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Premier Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Premier Power's standard deviation. In reality, there are many statistical measures that can use Premier Power historical prices to predict the future Premier Power's volatility.Premier Power Renewable Backtested Returns
We have found three technical indicators for Premier Power Renewable, which you can use to evaluate the volatility of the company. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Premier Power are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Premier Power Renewable has no correlation between past and present. Overlapping area represents the amount of predictability between Premier Power time series from 6th of May 2024 to 19th of August 2024 and 19th of August 2024 to 2nd 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 Premier Power Renewable price movement. The serial correlation of 0.0 indicates that just 0.0% of current Premier Power price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Premier Power Renewable lagged returns against current returns
Autocorrelation, which is Premier Power 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 Premier Power's pink sheet expected returns. We can calculate the autocorrelation of Premier Power returns to help us make a trade decision. For example, suppose you find that Premier Power 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 |
Premier Power 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 Premier Power pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Premier Power pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Premier Power pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Premier Power Lagged Returns
When evaluating Premier Power's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Premier Power pink sheet have on its future price. Premier Power 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, Premier Power autocorrelation shows the relationship between Premier Power pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Premier Power Renewable.
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 Premier Pink Sheet Analysis
When running Premier Power's price analysis, check to measure Premier Power'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 Premier Power is operating at the current time. Most of Premier Power's value examination focuses on studying past and present price action to predict the probability of Premier Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Premier Power's price. Additionally, you may evaluate how the addition of Premier Power to your portfolios can decrease your overall portfolio volatility.