Progressive Planet Solutions Stock Market Value
| ASHXF Stock | USD 0.12 0.01 9.09% |
| Symbol | Progressive |
Progressive Planet '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 Progressive Planet's otc 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 Progressive Planet.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Progressive Planet on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Progressive Planet Solutions or generate 0.0% return on investment in Progressive Planet over 90 days. Progressive Planet is related to or competes with Amarc Resources, Adriatic Metals, Aurelia Metals, American Helium, Durango Resources, Sterling Metals, and Mundoro Capital. Progressive Planet Solutions Inc., together with its subsidiaries, engages in the acquisition and exploration of mineral... More
Progressive Planet 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 Progressive Planet's otc 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 Progressive Planet Solutions upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0046 | |||
| Maximum Drawdown | 19.44 | |||
| Value At Risk | (7.69) |
Progressive Planet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Progressive Planet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Progressive Planet's standard deviation. In reality, there are many statistical measures that can use Progressive Planet historical prices to predict the future Progressive Planet's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | 0.3004 | |||
| Treynor Ratio | (0.59) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Progressive Planet'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.
Progressive Planet Backtested Returns
Progressive Planet maintains Sharpe Ratio (i.e., Efficiency) of -0.0268, which implies the firm had a -0.0268 % return per unit of risk over the last 3 months. Progressive Planet exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Progressive Planet's Variance of 9.94, risk adjusted performance of (0.02), and Coefficient Of Variation of (3,734) to confirm the risk estimate we provide. The company holds a Beta of 0.16, which implies not very significant fluctuations relative to the market. As returns on the market increase, Progressive Planet's returns are expected to increase less than the market. However, during the bear market, the loss of holding Progressive Planet is expected to be smaller as well. At this point, Progressive Planet has a negative expected return of -0.0844%. Please make sure to check Progressive Planet's variance, skewness, as well as the relationship between the Skewness and day typical price , to decide if Progressive Planet performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.49 |
Modest reverse predictability
Progressive Planet Solutions has modest reverse predictability. Overlapping area represents the amount of predictability between Progressive Planet time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Progressive Planet price movement. The serial correlation of -0.49 indicates that about 49.0% of current Progressive Planet price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Progressive Planet lagged returns against current returns
Autocorrelation, which is Progressive Planet otc 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 Progressive Planet's otc stock expected returns. We can calculate the autocorrelation of Progressive Planet returns to help us make a trade decision. For example, suppose you find that Progressive Planet has exhibited high autocorrelation historically, and you observe that the otc 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 |
Progressive Planet 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 Progressive Planet otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Progressive Planet otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Progressive Planet otc stock over time.
Current vs Lagged Prices |
| Timeline |
Progressive Planet Lagged Returns
When evaluating Progressive Planet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Progressive Planet otc stock have on its future price. Progressive Planet 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, Progressive Planet autocorrelation shows the relationship between Progressive Planet otc stock current value and its past values and can show if there is a momentum factor associated with investing in Progressive Planet Solutions.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Progressive OTC Stock
Progressive Planet financial ratios help investors to determine whether Progressive OTC 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 Progressive with respect to the benefits of owning Progressive Planet security.