Preferred Commerce Stock Market Value
| CELV Stock | USD 3.48 0.67 23.84% |
| Symbol | Preferred |
Preferred Commerce '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 Preferred Commerce'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 Preferred Commerce.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in Preferred Commerce on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Preferred Commerce or generate 0.0% return on investment in Preferred Commerce over 30 days. Preferred Commerce is related to or competes with Hormel Foods, JM Smucker, Campbell Soup, Kellanova, and General Mills. Preferred Commerce, Inc., doing business as Growums, provides childrens gardening products and online games More
Preferred Commerce 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 Preferred Commerce'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 Preferred Commerce upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 17.42 | |||
| Information Ratio | 0.3774 | |||
| Maximum Drawdown | 106.67 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 42.11 |
Preferred Commerce Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Preferred Commerce's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Preferred Commerce's standard deviation. In reality, there are many statistical measures that can use Preferred Commerce historical prices to predict the future Preferred Commerce's volatility.| Risk Adjusted Performance | 0.3134 | |||
| Jensen Alpha | 6.48 | |||
| Total Risk Alpha | 5.78 | |||
| Sortino Ratio | 0.3725 | |||
| Treynor Ratio | 5.52 |
Preferred Commerce Backtested Returns
Preferred Commerce is abnormally volatile given 3 months investment horizon. Preferred Commerce maintains Sharpe Ratio (i.e., Efficiency) of 0.41, which implies the firm had a 0.41% return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 6.19% are justified by taking the suggested risk. Use Preferred Commerce Semi Deviation of 8.67, risk adjusted performance of 0.3134, and Coefficient Of Variation of 263.14 to evaluate company specific risk that cannot be diversified away. Preferred Commerce holds a performance score of 32 on a scale of zero to a hundred. The company holds a Beta of 1.18, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Preferred Commerce will likely underperform. Use Preferred Commerce standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to analyze future returns on Preferred Commerce.
Auto-correlation | 0.57 |
Modest predictability
Preferred Commerce has modest predictability. Overlapping area represents the amount of predictability between Preferred Commerce time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 Preferred Commerce price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Preferred Commerce price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Preferred Commerce lagged returns against current returns
Autocorrelation, which is Preferred Commerce 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 Preferred Commerce's pink sheet expected returns. We can calculate the autocorrelation of Preferred Commerce returns to help us make a trade decision. For example, suppose you find that Preferred Commerce 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 |
Preferred Commerce 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 Preferred Commerce pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Preferred Commerce pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Preferred Commerce pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Preferred Commerce Lagged Returns
When evaluating Preferred Commerce's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Preferred Commerce pink sheet have on its future price. Preferred Commerce 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, Preferred Commerce autocorrelation shows the relationship between Preferred Commerce pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Preferred Commerce.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Preferred Pink Sheet Analysis
When running Preferred Commerce's price analysis, check to measure Preferred Commerce'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 Preferred Commerce is operating at the current time. Most of Preferred Commerce's value examination focuses on studying past and present price action to predict the probability of Preferred Commerce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Preferred Commerce's price. Additionally, you may evaluate how the addition of Preferred Commerce to your portfolios can decrease your overall portfolio volatility.