Puration Stock Market Value
Puration's market value is the price at which a share of Puration trades on a public exchange. It measures the collective expectations of Puration investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Puration and determine expected loss or profit from investing in Puration over a given investment horizon. Check out Puration Correlation, Puration Volatility and Puration Alpha and Beta module to complement your research on Puration.
| Symbol | Puration |
Puration '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 Puration'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 Puration.
| 12/03/2023 |
| 12/27/2024 |
If you would invest 0.00 in Puration on December 3, 2023 and sell it all today you would earn a total of 0.00 from holding Puration or generate 0.0% return on investment in Puration over 390 days. Puration is related to or competes with Federal Signal, Energy Recovery, CECO Environmental, 374Water Common, TOMI Environmental, Bion Environmental, and Euro Tech. Puration, Inc. engages in the design, development, production, marketing, and distribution of personal or individual wat... More
Puration 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 Puration'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 Puration upside and downside potential and time the market with a certain degree of confidence.
Puration Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Puration's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Puration's standard deviation. In reality, there are many statistical measures that can use Puration historical prices to predict the future Puration's volatility.Puration Backtested Returns
We have found zero technical indicators for Puration, 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 Puration are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Puration has no correlation between past and present. Overlapping area represents the amount of predictability between Puration time series from 3rd of December 2023 to 15th of June 2024 and 15th of June 2024 to 27th 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 Puration price movement. The serial correlation of 0.0 indicates that just 0.0% of current Puration price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Puration lagged returns against current returns
Autocorrelation, which is Puration 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 Puration's pink sheet expected returns. We can calculate the autocorrelation of Puration returns to help us make a trade decision. For example, suppose you find that Puration 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 |
Puration 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 Puration pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Puration pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Puration pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Puration Lagged Returns
When evaluating Puration's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Puration pink sheet have on its future price. Puration 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, Puration autocorrelation shows the relationship between Puration pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Puration.
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.Other Information on Investing in Puration Pink Sheet
Puration financial ratios help investors to determine whether Puration Pink Sheet 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 Puration with respect to the benefits of owning Puration security.