Papaya Growth Opportunity Stock Market Value
| PPYA Stock | USD 11.13 0.00 0.00% |
| Symbol | Papaya |
Papaya Growth Opportunity 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 Papaya Growth. If investors know Papaya 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 Papaya Growth 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 (0.02) | Earnings Share 0.58 | Return On Assets (0.02) |
The market value of Papaya Growth Opportunity is measured differently than its book value, which is the value of Papaya that is recorded on the company's balance sheet. Investors also form their own opinion of Papaya Growth's value that differs from its market value or its book value, called intrinsic value, which is Papaya Growth'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 Papaya Growth's market value can be influenced by many factors that don't directly affect Papaya Growth'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 Papaya Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Papaya Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Papaya Growth'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.
Papaya Growth '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 Papaya Growth'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 Papaya Growth.
| 11/08/2024 |
| 12/08/2024 |
If you would invest 0.00 in Papaya Growth on November 8, 2024 and sell it all today you would earn a total of 0.00 from holding Papaya Growth Opportunity or generate 0.0% return on investment in Papaya Growth over 30 days. Papaya Growth is related to or competes with Horizon Space, Hudson Acquisition, Marblegate Acquisition, and Alpha One. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar ... More
Papaya Growth 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 Papaya Growth'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 Papaya Growth Opportunity upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (1.44) | |||
| Maximum Drawdown | 0.724 |
Papaya Growth Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Papaya Growth's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Papaya Growth's standard deviation. In reality, there are many statistical measures that can use Papaya Growth historical prices to predict the future Papaya Growth's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Papaya Growth's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Papaya Growth Opportunity Backtested Returns
At this point, Papaya Growth is very steady. Papaya Growth Opportunity maintains Sharpe Ratio (i.e., Efficiency) of 0.09, which implies the firm had a 0.09% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Papaya Growth Opportunity, which you can use to evaluate the volatility of the company. Please check Papaya Growth's insignificant Risk Adjusted Performance, coefficient of variation of 1119.78, and Variance of 0.0085 to confirm if the risk estimate we provide is consistent with the expected return of 0.0084%. Papaya Growth has a performance score of 7 on a scale of 0 to 100. The company holds a Beta of 0.0137, which implies not very significant fluctuations relative to the market. As returns on the market increase, Papaya Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Papaya Growth is expected to be smaller as well. Papaya Growth Opportunity right now holds a risk of 0.0929%. Please check Papaya Growth Opportunity treynor ratio and rate of daily change , to decide if Papaya Growth Opportunity will be following its historical price patterns.
Auto-correlation | 1.00 |
Perfect predictability
Papaya Growth Opportunity has perfect predictability. Overlapping area represents the amount of predictability between Papaya Growth time series from 8th of November 2024 to 23rd of November 2024 and 23rd of November 2024 to 8th 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 Papaya Growth Opportunity price movement. The serial correlation of 1.0 indicates that 100.0% of current Papaya Growth 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 |
Papaya Growth Opportunity lagged returns against current returns
Autocorrelation, which is Papaya Growth 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 Papaya Growth's stock expected returns. We can calculate the autocorrelation of Papaya Growth returns to help us make a trade decision. For example, suppose you find that Papaya Growth 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 |
Papaya Growth 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 Papaya Growth stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Papaya Growth stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Papaya Growth stock over time.
Current vs Lagged Prices |
| Timeline |
Papaya Growth Lagged Returns
When evaluating Papaya Growth's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Papaya Growth stock have on its future price. Papaya Growth 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, Papaya Growth autocorrelation shows the relationship between Papaya Growth stock current value and its past values and can show if there is a momentum factor associated with investing in Papaya Growth Opportunity.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Papaya Growth Opportunity is a strong investment it is important to analyze Papaya Growth's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Papaya Growth's future performance. For an informed investment choice regarding Papaya Stock, refer to the following important reports:Check out Papaya Growth Correlation, Papaya Growth Volatility and Papaya Growth Alpha and Beta module to complement your research on Papaya Growth. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Papaya Growth 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.