Pacific Basin Shipping Stock Market Value

PCFBF Stock  USD 0.21  0.00  0.00%   
Pacific Basin's market value is the price at which a share of Pacific Basin trades on a public exchange. It measures the collective expectations of Pacific Basin Shipping investors about its performance. Pacific Basin is trading at 0.21 as of the 23rd of December 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.21.
With this module, you can estimate the performance of a buy and hold strategy of Pacific Basin Shipping and determine expected loss or profit from investing in Pacific Basin over a given investment horizon. Check out Pacific Basin Correlation, Pacific Basin Volatility and Pacific Basin Alpha and Beta module to complement your research on Pacific Basin.
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Please note, there is a significant difference between Pacific Basin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacific Basin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacific Basin'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.

Pacific Basin '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 Pacific Basin'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 Pacific Basin.
0.00
11/23/2024
No Change 0.00  0.0 
In 30 days
12/23/2024
0.00
If you would invest  0.00  in Pacific Basin on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding Pacific Basin Shipping or generate 0.0% return on investment in Pacific Basin over 30 days. Pacific Basin is related to or competes with Watsco, Fastenal, SiteOne Landscape, Ferguson Plc, and WW Grainger. Pacific Basin Shipping Limited, an investment holding company, provides dry bulk shipping services worldwide More

Pacific Basin 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 Pacific Basin'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 Pacific Basin Shipping upside and downside potential and time the market with a certain degree of confidence.

Pacific Basin Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Pacific Basin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pacific Basin's standard deviation. In reality, there are many statistical measures that can use Pacific Basin historical prices to predict the future Pacific Basin's volatility.
Hype
Prediction
LowEstimatedHigh
0.010.212.92
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Intrinsic
Valuation
LowRealHigh
0.010.192.90
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Pacific Basin. Your research has to be compared to or analyzed against Pacific Basin's peers to derive any actionable benefits. When done correctly, Pacific Basin's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Pacific Basin Shipping.

Pacific Basin Shipping Backtested Returns

Pacific Basin Shipping maintains Sharpe Ratio (i.e., Efficiency) of -0.0865, which implies the firm had a -0.0865% return per unit of risk over the last 3 months. Pacific Basin Shipping exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pacific Basin's Coefficient Of Variation of (1,174), risk adjusted performance of (0.06), and Variance of 7.11 to confirm the risk estimate we provide. The company holds a Beta of 0.14, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pacific Basin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pacific Basin is expected to be smaller as well. At this point, Pacific Basin Shipping has a negative expected return of -0.23%. Please make sure to check Pacific Basin's variance, as well as the relationship between the maximum drawdown and rate of daily change , to decide if Pacific Basin Shipping performance from the past will be repeated at some point in the near future.

Auto-correlation

    
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No correlation between past and present

Pacific Basin Shipping has no correlation between past and present. Overlapping area represents the amount of predictability between Pacific Basin time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd 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 Pacific Basin Shipping price movement. The serial correlation of 0.0 indicates that just 0.0% of current Pacific Basin price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test-0.53
Residual Average0.0
Price Variance0.0

Pacific Basin Shipping lagged returns against current returns

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

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

Pacific Basin Lagged Returns

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

Currently Active Assets on Macroaxis

Other Information on Investing in Pacific Pink Sheet

Pacific Basin financial ratios help investors to determine whether Pacific Pink Sheet 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 Pacific with respect to the benefits of owning Pacific Basin security.