PLATO GOLD (Germany) Market Value

4Y7 Stock  EUR 0  0.0005  12.50%   
PLATO GOLD's market value is the price at which a share of PLATO GOLD trades on a public exchange. It measures the collective expectations of PLATO GOLD P investors about its performance. PLATO GOLD is trading at 0.0035 as of the 5th of December 2024. This is a 12.5% down since the beginning of the trading day. The stock's lowest day price was 0.0035.
With this module, you can estimate the performance of a buy and hold strategy of PLATO GOLD P and determine expected loss or profit from investing in PLATO GOLD over a given investment horizon. Check out PLATO GOLD Correlation, PLATO GOLD Volatility and PLATO GOLD Alpha and Beta module to complement your research on PLATO GOLD.
Symbol

Please note, there is a significant difference between PLATO GOLD's value and its price as these two are different measures arrived at by different means. Investors typically determine if PLATO GOLD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PLATO GOLD'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.

PLATO GOLD '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 PLATO GOLD'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 PLATO GOLD.
0.00
11/05/2024
No Change 0.00  0.0 
In 31 days
12/05/2024
0.00
If you would invest  0.00  in PLATO GOLD on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding PLATO GOLD P or generate 0.0% return on investment in PLATO GOLD over 30 days. PLATO GOLD is related to or competes with Nordic Semiconductor, Computershare, Consolidated Communications, Chunghwa Telecom, Elmos Semiconductor, and Spirent Communications. Plato Gold Corp., a junior exploration company, engages in the exploration, evaluation, and development of gold and rare... More

PLATO GOLD 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 PLATO GOLD'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 PLATO GOLD P upside and downside potential and time the market with a certain degree of confidence.

PLATO GOLD Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for PLATO GOLD's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PLATO GOLD's standard deviation. In reality, there are many statistical measures that can use PLATO GOLD historical prices to predict the future PLATO GOLD's volatility.
Hype
Prediction
LowEstimatedHigh
0.00034.72
Details
Intrinsic
Valuation
LowRealHigh
0.00034.72
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PLATO GOLD P Backtested Returns

PLATO GOLD is out of control given 3 months investment horizon. PLATO GOLD P retains Efficiency (Sharpe Ratio) of 0.0833, which implies the firm had a 0.0833% return per unit of risk over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 2.91% are justified by taking the suggested risk. Use PLATO GOLD P semi deviation of 16.36, and Market Risk Adjusted Performance of (0.17) to evaluate company specific risk that cannot be diversified away. PLATO GOLD holds a performance score of 6 on a scale of zero to a hundred. The company owns a Beta (Systematic Risk) of -15.85, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning PLATO GOLD are expected to decrease by larger amounts. On the other hand, during market turmoil, PLATO GOLD is expected to outperform it. Use PLATO GOLD P semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to analyze future returns on PLATO GOLD P.

Auto-correlation

    
  0.46  

Average predictability

PLATO GOLD P has average predictability. Overlapping area represents the amount of predictability between PLATO GOLD time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th 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 PLATO GOLD P price movement. The serial correlation of 0.46 indicates that about 46.0% of current PLATO GOLD price fluctuation can be explain by its past prices.
Correlation Coefficient0.46
Spearman Rank Test-0.15
Residual Average0.0
Price Variance0.0

PLATO GOLD P lagged returns against current returns

Autocorrelation, which is PLATO GOLD 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 PLATO GOLD's stock expected returns. We can calculate the autocorrelation of PLATO GOLD returns to help us make a trade decision. For example, suppose you find that PLATO GOLD 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   
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PLATO GOLD 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 PLATO GOLD stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PLATO GOLD stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PLATO GOLD stock over time.
   Current vs Lagged Prices   
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PLATO GOLD Lagged Returns

When evaluating PLATO GOLD's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PLATO GOLD stock have on its future price. PLATO GOLD 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, PLATO GOLD autocorrelation shows the relationship between PLATO GOLD stock current value and its past values and can show if there is a momentum factor associated with investing in PLATO GOLD P.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in PLATO Stock

PLATO GOLD financial ratios help investors to determine whether PLATO 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 PLATO with respect to the benefits of owning PLATO GOLD security.