Perma Fix Environmental Svcs Stock Market Value
| PESI Stock | USD 10.83 0.29 2.75% |
| Symbol | Perma |
Perma Fix Environmental Price To Book Ratio
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Perma Fix. If investors know Perma will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Perma Fix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.48) | Earnings Share (1.05) | Revenue Per Share 5.207 | Quarterly Revenue Growth (0.44) | Return On Assets (0.07) |
The market value of Perma Fix Environmental is measured differently than its book value, which is the value of Perma that is recorded on the company's balance sheet. Investors also form their own opinion of Perma Fix's value that differs from its market value or its book value, called intrinsic value, which is Perma Fix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Perma Fix's market value can be influenced by many factors that don't directly affect Perma Fix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Perma Fix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Perma Fix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perma Fix'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.
Perma Fix '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 Perma Fix'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 Perma Fix.
| 07/23/2024 |
| 12/20/2024 |
If you would invest 0.00 in Perma Fix on July 23, 2024 and sell it all today you would earn a total of 0.00 from holding Perma Fix Environmental Svcs or generate 0.0% return on investment in Perma Fix over 150 days. Perma Fix is related to or competes with Pro Dex, Pure Cycle, and Quest Resource. Perma-Fix Environmental Services, Inc., through its subsidiaries, operates as an environmental and technology know-how c... More
Perma Fix 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 Perma Fix'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 Perma Fix Environmental Svcs upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 17.59 | |||
| Value At Risk | (6.95) | |||
| Potential Upside | 5.86 |
Perma Fix Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Perma Fix's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Perma Fix's standard deviation. In reality, there are many statistical measures that can use Perma Fix historical prices to predict the future Perma Fix's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Perma Fix'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.
Perma Fix Environmental Backtested Returns
Perma Fix Environmental maintains Sharpe Ratio (i.e., Efficiency) of -0.0235, which implies the firm had a -0.0235% return per unit of risk over the last 3 months. Perma Fix Environmental exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Perma Fix's Coefficient Of Variation of (6,444), insignificant risk adjusted performance, and Variance of 13.57 to confirm the risk estimate we provide. The company holds a Beta of 1.36, 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, Perma Fix will likely underperform. At this point, Perma Fix Environmental has a negative expected return of -0.0881%. Please make sure to check Perma Fix's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Perma Fix Environmental performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.62 |
Very good reverse predictability
Perma Fix Environmental Svcs has very good reverse predictability. Overlapping area represents the amount of predictability between Perma Fix time series from 23rd of July 2024 to 6th of October 2024 and 6th of October 2024 to 20th 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 Perma Fix Environmental price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Perma Fix price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 1.43 |
Perma Fix Environmental lagged returns against current returns
Autocorrelation, which is Perma Fix 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 Perma Fix's stock expected returns. We can calculate the autocorrelation of Perma Fix returns to help us make a trade decision. For example, suppose you find that Perma Fix 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 |
Perma Fix 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 Perma Fix stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Perma Fix stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Perma Fix stock over time.
Current vs Lagged Prices |
| Timeline |
Perma Fix Lagged Returns
When evaluating Perma Fix's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Perma Fix stock have on its future price. Perma Fix 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, Perma Fix autocorrelation shows the relationship between Perma Fix stock current value and its past values and can show if there is a momentum factor associated with investing in Perma Fix Environmental Svcs.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Perma Fix Environmental offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Perma Fix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Perma Fix Environmental Svcs Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Perma Fix Environmental Svcs Stock:Check out Perma Fix Correlation, Perma Fix Volatility and Perma Fix Alpha and Beta module to complement your research on Perma Fix. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Perma Fix technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.