PKSHA TECHNOLOGY (Germany) Market Value

762 Stock  EUR 19.50  0.70  3.47%   
PKSHA TECHNOLOGY's market value is the price at which a share of PKSHA TECHNOLOGY trades on a public exchange. It measures the collective expectations of PKSHA TECHNOLOGY INC investors about its performance. PKSHA TECHNOLOGY is trading at 19.50 as of the 15th of March 2025. This is a 3.47% down since the beginning of the trading day. The stock's lowest day price was 19.5.
With this module, you can estimate the performance of a buy and hold strategy of PKSHA TECHNOLOGY INC and determine expected loss or profit from investing in PKSHA TECHNOLOGY over a given investment horizon. Check out PKSHA TECHNOLOGY Correlation, PKSHA TECHNOLOGY Volatility and PKSHA TECHNOLOGY Alpha and Beta module to complement your research on PKSHA TECHNOLOGY.
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Please note, there is a significant difference between PKSHA TECHNOLOGY's value and its price as these two are different measures arrived at by different means. Investors typically determine if PKSHA TECHNOLOGY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PKSHA TECHNOLOGY'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.

PKSHA TECHNOLOGY '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 PKSHA TECHNOLOGY'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 PKSHA TECHNOLOGY.
0.00
12/15/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/15/2025
0.00
If you would invest  0.00  in PKSHA TECHNOLOGY on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding PKSHA TECHNOLOGY INC or generate 0.0% return on investment in PKSHA TECHNOLOGY over 90 days. PKSHA TECHNOLOGY is related to or competes with Check Point, Micron Technology, Microchip Technology, Iridium Communications, BORR DRILLING, COMPUTERSHARE, and GMO Internet. The company offers text comprehension module to understand the meaning of text data HRUS, an area-specific imagevideo re... More

PKSHA TECHNOLOGY 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 PKSHA TECHNOLOGY'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 PKSHA TECHNOLOGY INC upside and downside potential and time the market with a certain degree of confidence.

PKSHA TECHNOLOGY Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for PKSHA TECHNOLOGY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PKSHA TECHNOLOGY's standard deviation. In reality, there are many statistical measures that can use PKSHA TECHNOLOGY historical prices to predict the future PKSHA TECHNOLOGY's volatility.
Hype
Prediction
LowEstimatedHigh
15.8319.5023.17
Details
Intrinsic
Valuation
LowRealHigh
14.7718.4422.11
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PKSHA TECHNOLOGY INC Backtested Returns

PKSHA TECHNOLOGY INC maintains Sharpe Ratio (i.e., Efficiency) of -0.0806, which implies the firm had a -0.0806 % return per unit of standard deviation over the last 3 months. PKSHA TECHNOLOGY INC exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PKSHA TECHNOLOGY's Market Risk Adjusted Performance of (2.14), risk adjusted performance of (0.08), and Coefficient Of Variation of (973.80) to confirm the risk estimate we provide. The company holds a Beta of 0.18, which implies not very significant fluctuations relative to the market. As returns on the market increase, PKSHA TECHNOLOGY's returns are expected to increase less than the market. However, during the bear market, the loss of holding PKSHA TECHNOLOGY is expected to be smaller as well. At this point, PKSHA TECHNOLOGY INC has a negative expected return of -0.29%. Please make sure to check PKSHA TECHNOLOGY's information ratio, total risk alpha, potential upside, as well as the relationship between the jensen alpha and treynor ratio , to decide if PKSHA TECHNOLOGY INC performance from the past will be repeated at future time.

Auto-correlation

    
  0.27  

Poor predictability

PKSHA TECHNOLOGY INC has poor predictability. Overlapping area represents the amount of predictability between PKSHA TECHNOLOGY time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PKSHA TECHNOLOGY INC price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current PKSHA TECHNOLOGY price fluctuation can be explain by its past prices.
Correlation Coefficient0.27
Spearman Rank Test0.36
Residual Average0.0
Price Variance5.91

PKSHA TECHNOLOGY INC lagged returns against current returns

Autocorrelation, which is PKSHA TECHNOLOGY 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 PKSHA TECHNOLOGY's stock expected returns. We can calculate the autocorrelation of PKSHA TECHNOLOGY returns to help us make a trade decision. For example, suppose you find that PKSHA TECHNOLOGY 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  

PKSHA TECHNOLOGY 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 PKSHA TECHNOLOGY stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PKSHA TECHNOLOGY stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PKSHA TECHNOLOGY stock over time.
   Current vs Lagged Prices   
       Timeline  

PKSHA TECHNOLOGY Lagged Returns

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

Currently Active Assets on Macroaxis

Other Information on Investing in PKSHA Stock

PKSHA TECHNOLOGY financial ratios help investors to determine whether PKSHA 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 PKSHA with respect to the benefits of owning PKSHA TECHNOLOGY security.