Plascar Participaes' market value is the price at which a share of Plascar Participaes trades on a public exchange. It measures the collective expectations of Plascar Participaes Industriais investors about its performance. Plascar Participaes is selling for under 5.99 as of the 7th of January 2025; that is 5.09% up since the beginning of the trading day. The stock's lowest day price was 5.99. With this module, you can estimate the performance of a buy and hold strategy of Plascar Participaes Industriais and determine expected loss or profit from investing in Plascar Participaes over a given investment horizon. Check out Plascar Participaes Correlation, Plascar Participaes Volatility and Plascar Participaes Alpha and Beta module to complement your research on Plascar Participaes.
Please note, there is a significant difference between Plascar Participaes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Plascar Participaes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plascar Participaes' 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.
Plascar Participaes '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 Plascar Participaes' 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 Plascar Participaes.
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01/13/2024
No Change 0.00
0.0
In 11 months and 27 days
01/07/2025
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If you would invest 0.00 in Plascar Participaes on January 13, 2024 and sell it all today you would earn a total of 0.00 from holding Plascar Participaes Industriais or generate 0.0% return on investment in Plascar Participaes over 360 days. Plascar Participaes is related to or competes with Tupy SA, Engie Brasil, Grendene, Energisa, BTG Pactual, Plano Plano, and Companhia Habitasul. Plascar Participaes Industriais S.A. manufactures and trades parts related to internal and external finishing of automot... More
Plascar Participaes 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 Plascar Participaes' 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 Plascar Participaes Industriais upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Plascar Participaes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Plascar Participaes' standard deviation. In reality, there are many statistical measures that can use Plascar Participaes historical prices to predict the future Plascar Participaes' volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Plascar Participaes. Your research has to be compared to or analyzed against Plascar Participaes' peers to derive any actionable benefits. When done correctly, Plascar Participaes' 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 Plascar Participaes.
Plascar Participaes Backtested Returns
Currently, Plascar Participaes Industriais is slightly risky. Plascar Participaes maintains Sharpe Ratio (i.e., Efficiency) of 0.0112, which implies the firm had a 0.0112% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Plascar Participaes, which you can use to evaluate the volatility of the company. Please check Plascar Participaes' Risk Adjusted Performance of 0.0148, coefficient of variation of 10669.43, and Semi Deviation of 2.23 to confirm if the risk estimate we provide is consistent with the expected return of 0.0281%. The company holds a Beta of -0.27, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Plascar Participaes are expected to decrease at a much lower rate. During the bear market, Plascar Participaes is likely to outperform the market. Plascar Participaes right now holds a risk of 2.52%. Please check Plascar Participaes mean deviation, downside deviation, information ratio, as well as the relationship between the semi deviation and coefficient of variation , to decide if Plascar Participaes will be following its historical price patterns.
Auto-correlation
0.34
Below average predictability
Plascar Participaes Industriais has below average predictability. Overlapping area represents the amount of predictability between Plascar Participaes time series from 13th of January 2024 to 11th of July 2024 and 11th of July 2024 to 7th of January 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 Plascar Participaes price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Plascar Participaes price fluctuation can be explain by its past prices.
Correlation Coefficient
0.34
Spearman Rank Test
-0.32
Residual Average
0.0
Price Variance
0.24
Plascar Participaes lagged returns against current returns
Autocorrelation, which is Plascar Participaes 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 Plascar Participaes' stock expected returns. We can calculate the autocorrelation of Plascar Participaes returns to help us make a trade decision. For example, suppose you find that Plascar Participaes 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
Plascar Participaes 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 Plascar Participaes stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Plascar Participaes stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Plascar Participaes stock over time.
Current vs Lagged Prices
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Plascar Participaes Lagged Returns
When evaluating Plascar Participaes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Plascar Participaes stock have on its future price. Plascar Participaes 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, Plascar Participaes autocorrelation shows the relationship between Plascar Participaes stock current value and its past values and can show if there is a momentum factor associated with investing in Plascar Participaes Industriais.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When running Plascar Participaes' price analysis, check to measure Plascar Participaes' 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 Plascar Participaes is operating at the current time. Most of Plascar Participaes' value examination focuses on studying past and present price action to predict the probability of Plascar Participaes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plascar Participaes' price. Additionally, you may evaluate how the addition of Plascar Participaes to your portfolios can decrease your overall portfolio volatility.