Pplus Trust Series Stock Market Value
| PYT Stock | USD 22.88 0.37 1.59% |
| Symbol | PPLUS |
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 PPLUS Trust. If investors know PPLUS 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 PPLUS Trust listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of PPLUS Trust Series is measured differently than its book value, which is the value of PPLUS that is recorded on the company's balance sheet. Investors also form their own opinion of PPLUS Trust's value that differs from its market value or its book value, called intrinsic value, which is PPLUS Trust'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 PPLUS Trust's market value can be influenced by many factors that don't directly affect PPLUS Trust'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 PPLUS Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if PPLUS Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PPLUS Trust'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.
PPLUS Trust '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 PPLUS Trust'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 PPLUS Trust.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in PPLUS Trust on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding PPLUS Trust Series or generate 0.0% return on investment in PPLUS Trust over 30 days. PPLUS Trust is related to or competes with Goldman Sachs, STRATSSM Certificates, STRATS SM, Strats SM, and STRATS SM. PPLUS Trust is entity of United States. It is traded as Stock on NYSE exchange. More
PPLUS Trust 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 PPLUS Trust'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 PPLUS Trust Series upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.59 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 4.71 | |||
| Value At Risk | (2.12) | |||
| Potential Upside | 1.74 |
PPLUS Trust Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PPLUS Trust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PPLUS Trust's standard deviation. In reality, there are many statistical measures that can use PPLUS Trust historical prices to predict the future PPLUS Trust's volatility.| Risk Adjusted Performance | 0.0074 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PPLUS Trust'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.
PPLUS Trust Series Backtested Returns
Currently, PPLUS Trust Series is very steady. PPLUS Trust Series maintains Sharpe Ratio (i.e., Efficiency) of 0.0019, which implies the firm had a 0.0019% return per unit of volatility over the last 3 months. We have found thirty technical indicators for PPLUS Trust Series, which you can use to evaluate the volatility of the company. Please check PPLUS Trust's risk adjusted performance of 0.0074, and Semi Deviation of 1.02 to confirm if the risk estimate we provide is consistent with the expected return of 0.0021%. The company holds a Beta of 0.21, which implies not very significant fluctuations relative to the market. As returns on the market increase, PPLUS Trust's returns are expected to increase less than the market. However, during the bear market, the loss of holding PPLUS Trust is expected to be smaller as well. PPLUS Trust Series currently holds a risk of 1.11%. Please check PPLUS Trust Series value at risk, as well as the relationship between the kurtosis and market facilitation index , to decide if PPLUS Trust Series will be following its historical price patterns.
Auto-correlation | -0.29 |
Weak reverse predictability
PPLUS Trust Series has weak reverse predictability. Overlapping area represents the amount of predictability between PPLUS Trust time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 PPLUS Trust Series price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current PPLUS Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
PPLUS Trust Series lagged returns against current returns
Autocorrelation, which is PPLUS Trust 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 PPLUS Trust's stock expected returns. We can calculate the autocorrelation of PPLUS Trust returns to help us make a trade decision. For example, suppose you find that PPLUS Trust 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 |
PPLUS Trust 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 PPLUS Trust stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PPLUS Trust stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PPLUS Trust stock over time.
Current vs Lagged Prices |
| Timeline |
PPLUS Trust Lagged Returns
When evaluating PPLUS Trust's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PPLUS Trust stock have on its future price. PPLUS Trust 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, PPLUS Trust autocorrelation shows the relationship between PPLUS Trust stock current value and its past values and can show if there is a momentum factor associated with investing in PPLUS Trust Series.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for PPLUS Stock Analysis
When running PPLUS Trust's price analysis, check to measure PPLUS Trust'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 PPLUS Trust is operating at the current time. Most of PPLUS Trust's value examination focuses on studying past and present price action to predict the probability of PPLUS Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PPLUS Trust's price. Additionally, you may evaluate how the addition of PPLUS Trust to your portfolios can decrease your overall portfolio volatility.