Plaidinc Stock Market Value
| PLDIF Stock | USD 9.76 0.00 0.00% |
| Symbol | PLAIDInc |
PLAIDInc '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 PLAIDInc'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 PLAIDInc.
| 12/25/2024 |
| 03/25/2025 |
If you would invest 0.00 in PLAIDInc on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding PLAIDInc or generate 0.0% return on investment in PLAIDInc over 90 days. PLAIDInc is related to or competes with XWELL, POSCO Holdings, Grupo Simec, Inhibrx, Ardelyx, Gerdau SA, and Merit Medical. PLAID,Inc. develops and operates KARTE, a customer experience SaaS platform in Japan More
PLAIDInc 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 PLAIDInc'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 PLAIDInc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.199 | |||
| Maximum Drawdown | 42.27 |
PLAIDInc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PLAIDInc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PLAIDInc's standard deviation. In reality, there are many statistical measures that can use PLAIDInc historical prices to predict the future PLAIDInc's volatility.| Risk Adjusted Performance | 0.1844 | |||
| Jensen Alpha | 1.22 | |||
| Total Risk Alpha | 1.48 | |||
| Treynor Ratio | (5.47) |
PLAIDInc Backtested Returns
PLAIDInc is moderately volatile given 3 months investment horizon. PLAIDInc retains Efficiency (Sharpe Ratio) of 0.19, which implies the firm had a 0.19 % return per unit of risk over the last 3 months. We were able to collect and analyze data for sixteen different technical indicators, which can help you to evaluate if expected returns of 1.24% are justified by taking the suggested risk. Use PLAIDInc coefficient of variation of 513.37, and Market Risk Adjusted Performance of (5.46) to evaluate company specific risk that cannot be diversified away. PLAIDInc holds a performance score of 15 on a scale of zero to a hundred. The company owns a Beta (Systematic Risk) of -0.22, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PLAIDInc are expected to decrease at a much lower rate. During the bear market, PLAIDInc is likely to outperform the market. Use PLAIDInc treynor ratio, and the relationship between the standard deviation and kurtosis , to analyze future returns on PLAIDInc.
Auto-correlation | 0.02 |
Virtually no predictability
PLAIDInc has virtually no predictability. Overlapping area represents the amount of predictability between PLAIDInc time series from 25th of December 2024 to 8th of February 2025 and 8th of February 2025 to 25th 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 PLAIDInc price movement. The serial correlation of 0.02 indicates that only 2.0% of current PLAIDInc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 2.38 |
PLAIDInc lagged returns against current returns
Autocorrelation, which is PLAIDInc 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 PLAIDInc's pink sheet expected returns. We can calculate the autocorrelation of PLAIDInc returns to help us make a trade decision. For example, suppose you find that PLAIDInc 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 |
PLAIDInc 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 PLAIDInc pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PLAIDInc pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PLAIDInc pink sheet over time.
Current vs Lagged Prices |
| Timeline |
PLAIDInc Lagged Returns
When evaluating PLAIDInc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PLAIDInc pink sheet have on its future price. PLAIDInc 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, PLAIDInc autocorrelation shows the relationship between PLAIDInc pink sheet current value and its past values and can show if there is a momentum factor associated with investing in PLAIDInc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in PLAIDInc Pink Sheet
PLAIDInc financial ratios help investors to determine whether PLAIDInc 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 PLAIDInc with respect to the benefits of owning PLAIDInc security.