Perma-Fix Environmental (Germany) Market Value
| PFX1 Stock | 7.20 0.40 5.26% |
| 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.
| 02/02/2025 |
| 03/04/2025 |
If you would invest 0.00 in Perma-Fix Environmental on February 2, 2025 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 30 days. Perma-Fix Environmental is related to or competes with Yuexiu Transport, American Eagle, G III, Air Transport, Urban Outfitters, and ADRIATIC METALS. 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.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 16.18 | |||
| Value At Risk | (6.48) | |||
| Potential Upside | 3.88 |
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 | (0.21) | |||
| Jensen Alpha | (0.89) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (1.24) |
Perma Fix Environmental Backtested Returns
Perma Fix Environmental maintains Sharpe Ratio (i.e., Efficiency) of -0.26, which implies the firm had a -0.26 % 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 Environmental's Coefficient Of Variation of (349.10), risk adjusted performance of (0.21), and Variance of 10.5 to confirm the risk estimate we provide. The company holds a Beta of 0.76, which implies possible diversification benefits within a given portfolio. 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. At this point, Perma Fix Environmental has a negative expected return of -0.78%. Please make sure to check Perma-Fix Environmental's skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if Perma Fix Environmental performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.77 |
Good predictability
Perma Fix Environmental Services has good predictability. Overlapping area represents the amount of predictability between Perma-Fix Environmental time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th 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 Perma Fix Environmental price movement. The serial correlation of 0.77 indicates that around 77.0% of current Perma-Fix Environmental price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
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 |
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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 |
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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
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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.