Plum Acquisition Corp Stock Market Value
| PLMJW Stock | 0.15 0.02 11.76% |
| Symbol | Plum |
Plum Acquisition Corp Price To Book Ratio
Is Trading space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Plum Acquisition. If investors know Plum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Plum Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Plum Acquisition Corp is measured differently than its book value, which is the value of Plum that is recorded on the company's balance sheet. Investors also form their own opinion of Plum Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Plum Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Plum Acquisition's market value can be influenced by many factors that don't directly affect Plum Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Plum Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plum Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plum Acquisition's 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.
Plum Acquisition '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 Plum Acquisition'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 Plum Acquisition.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Plum Acquisition on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Plum Acquisition Corp or generate 0.0% return on investment in Plum Acquisition over 30 days. Plum Acquisition is related to or competes with BorgWarner, RBC Bearings, Wabash National, Douglas Emmett, Cars, Toro, and Li Auto. Plum Acquisition is entity of United States More
Plum Acquisition 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 Plum Acquisition'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 Plum Acquisition Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 21.05 | |||
| Information Ratio | 0.1545 | |||
| Maximum Drawdown | 116.62 | |||
| Value At Risk | (33.38) | |||
| Potential Upside | 59.29 |
Plum Acquisition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Plum Acquisition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Plum Acquisition's standard deviation. In reality, there are many statistical measures that can use Plum Acquisition historical prices to predict the future Plum Acquisition's volatility.| Risk Adjusted Performance | 0.1398 | |||
| Jensen Alpha | 4.02 | |||
| Total Risk Alpha | 3.34 | |||
| Sortino Ratio | 0.1862 | |||
| Treynor Ratio | (0.98) |
Plum Acquisition Corp Backtested Returns
Plum Acquisition is out of control given 3 months investment horizon. Plum Acquisition Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies the firm had a 0.23% return per unit of risk over the last 3 months. We are able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 4.39% are justified by taking the suggested risk. Use Plum Acquisition Coefficient Of Variation of 642.39, risk adjusted performance of 0.1398, and Semi Deviation of 16.13 to evaluate company specific risk that cannot be diversified away. Plum Acquisition holds a performance score of 17 on a scale of zero to a hundred. The company holds a Beta of -4.01, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Plum Acquisition are expected to decrease by larger amounts. On the other hand, during market turmoil, Plum Acquisition is expected to outperform it. Use Plum Acquisition sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to analyze future returns on Plum Acquisition.
Auto-correlation | 0.47 |
Average predictability
Plum Acquisition Corp has average predictability. Overlapping area represents the amount of predictability between Plum Acquisition time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th 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 Plum Acquisition Corp price movement. The serial correlation of 0.47 indicates that about 47.0% of current Plum Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Plum Acquisition Corp lagged returns against current returns
Autocorrelation, which is Plum Acquisition 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 Plum Acquisition's stock expected returns. We can calculate the autocorrelation of Plum Acquisition returns to help us make a trade decision. For example, suppose you find that Plum Acquisition 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 |
Plum Acquisition 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 Plum Acquisition stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Plum Acquisition stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Plum Acquisition stock over time.
Current vs Lagged Prices |
| Timeline |
Plum Acquisition Lagged Returns
When evaluating Plum Acquisition's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Plum Acquisition stock have on its future price. Plum Acquisition 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, Plum Acquisition autocorrelation shows the relationship between Plum Acquisition stock current value and its past values and can show if there is a momentum factor associated with investing in Plum Acquisition Corp.
Regressed Prices |
| Timeline |
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Additional Tools for Plum Stock Analysis
When running Plum Acquisition's price analysis, check to measure Plum Acquisition'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 Plum Acquisition is operating at the current time. Most of Plum Acquisition's value examination focuses on studying past and present price action to predict the probability of Plum Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plum Acquisition's price. Additionally, you may evaluate how the addition of Plum Acquisition to your portfolios can decrease your overall portfolio volatility.