Plaidinc Stock Market Value
| PLDIF Stock | USD 6.25 1.11 21.60% |
| 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.
| 09/29/2024 |
| 12/28/2024 |
If you would invest 0.00 in PLAIDInc on September 29, 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 Waldencast Acquisition, CXApp, Alkami Technology, ADEIA P, Paycor HCM, Bentley Systems, and Appfolio. 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 | 0.111 |
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 | 0.1051 | |||
| Jensen Alpha | 0.3265 | |||
| Total Risk Alpha | 0.2432 | |||
| Treynor Ratio | (0.76) |
PLAIDInc Backtested Returns
PLAIDInc appears to be slightly risky, given 3 months investment horizon. PLAIDInc retains Efficiency (Sharpe Ratio) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We have found eighteen technical indicators for PLAIDInc, which you can use to evaluate the volatility of the company. Please evaluate PLAIDInc's market risk adjusted performance of (0.75), and Coefficient Of Variation of 812.4 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, PLAIDInc holds a performance score of 9. The company owns a Beta (Systematic Risk) of -0.42, which implies possible diversification benefits within a given portfolio. 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. Please check PLAIDInc's jensen alpha, and the relationship between the standard deviation and daily balance of power , to make a quick decision on whether PLAIDInc's current price history will revert.
Auto-correlation | 0.00 |
No correlation between past and present
PLAIDInc has no correlation between past and present. Overlapping area represents the amount of predictability between PLAIDInc time series from 29th of September 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 PLAIDInc price movement. The serial correlation of 0.0 indicates that just 0.0% of current PLAIDInc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
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.