Perma-Fix Environmental (Germany) Market Value
| PFX1 Stock | 11.00 0.20 1.79% |
| Symbol | Perma-Fix |
Perma-Fix Environmental '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 Environmental'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 Environmental.
| 12/26/2022 |
| 12/15/2024 |
If you would invest 0.00 in Perma-Fix Environmental on December 26, 2022 and sell it all today you would earn a total of 0.00 from holding Perma Fix Environmental Services or generate 0.0% return on investment in Perma-Fix Environmental over 720 days. Perma-Fix Environmental is related to or competes with China Communications, PACIFIC ONLINE, Comba Telecom, Ribbon Communications, CODERE ONLINE, and Cogent Communications. More
Perma-Fix Environmental 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 Environmental'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 Services upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.95 | |||
| Information Ratio | 0.0322 | |||
| Maximum Drawdown | 24.96 | |||
| Value At Risk | (5.13) | |||
| Potential Upside | 6.35 |
Perma-Fix Environmental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Perma-Fix Environmental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Perma-Fix Environmental's standard deviation. In reality, there are many statistical measures that can use Perma-Fix Environmental historical prices to predict the future Perma-Fix Environmental's volatility.| Risk Adjusted Performance | 0.05 | |||
| Jensen Alpha | 0.1938 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0321 | |||
| Treynor Ratio | 0.8431 |
Perma Fix Environmental Backtested Returns
Perma-Fix Environmental appears to be somewhat reliable, given 3 months investment horizon. Perma Fix Environmental maintains Sharpe Ratio (i.e., Efficiency) of 0.0576, which implies the firm had a 0.0576% return per unit of risk over the last 3 months. We have found thirty technical indicators for Perma Fix Environmental, which you can use to evaluate the volatility of the company. Please evaluate Perma-Fix Environmental's Coefficient Of Variation of 1734.96, semi deviation of 3.46, and Risk Adjusted Performance of 0.05 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Perma-Fix Environmental holds a performance score of 4. The company holds a Beta of 0.26, which implies not very significant fluctuations relative to the market. As returns on the market increase, Perma-Fix Environmental's returns are expected to increase less than the market. However, during the bear market, the loss of holding Perma-Fix Environmental is expected to be smaller as well. Please check Perma-Fix Environmental's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether Perma-Fix Environmental's historical price patterns will revert.
Auto-correlation | 0.32 |
Below average predictability
Perma Fix Environmental Services has below average predictability. Overlapping area represents the amount of predictability between Perma-Fix Environmental time series from 26th of December 2022 to 21st of December 2023 and 21st of December 2023 to 15th 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 0.32 indicates that nearly 32.0% of current Perma-Fix Environmental price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 3.76 |
Perma Fix Environmental lagged returns against current returns
Autocorrelation, which is Perma-Fix Environmental 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 Environmental's stock expected returns. We can calculate the autocorrelation of Perma-Fix Environmental returns to help us make a trade decision. For example, suppose you find that Perma-Fix Environmental 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 Environmental 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 Environmental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Perma-Fix Environmental 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 Environmental stock over time.
Current vs Lagged Prices |
| Timeline |
Perma-Fix Environmental Lagged Returns
When evaluating Perma-Fix Environmental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Perma-Fix Environmental stock have on its future price. Perma-Fix Environmental 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 Environmental autocorrelation shows the relationship between Perma-Fix Environmental stock current value and its past values and can show if there is a momentum factor associated with investing in Perma Fix Environmental Services.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Perma-Fix Stock Analysis
When running Perma-Fix Environmental's price analysis, check to measure Perma-Fix Environmental'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 Perma-Fix Environmental is operating at the current time. Most of Perma-Fix Environmental's value examination focuses on studying past and present price action to predict the probability of Perma-Fix Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Perma-Fix Environmental's price. Additionally, you may evaluate how the addition of Perma-Fix Environmental to your portfolios can decrease your overall portfolio volatility.