Plandai Biotech Stock Market Value
| PLPL Stock | USD 0.0002 0.0001 100.00% |
| Symbol | Plandai |
Plandai Biotech '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 Plandai Biotech'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 Plandai Biotech.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Plandai Biotech on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Plandai Biotech or generate 0.0% return on investment in Plandai Biotech over 180 days. Planda Biotechnology, Inc. focuses on the production of proprietary botanical extracts for the nutriceutical and pharmac... More
Plandai Biotech 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 Plandai Biotech'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 Plandai Biotech upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 50.92 | |||
| Information Ratio | 0.193 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 100.0 |
Plandai Biotech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Plandai Biotech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Plandai Biotech's standard deviation. In reality, there are many statistical measures that can use Plandai Biotech historical prices to predict the future Plandai Biotech's volatility.| Risk Adjusted Performance | 0.1596 | |||
| Jensen Alpha | 10.23 | |||
| Total Risk Alpha | 1.37 | |||
| Sortino Ratio | 0.1808 | |||
| Treynor Ratio | (1.32) |
Plandai Biotech Backtested Returns
Plandai Biotech is out of control given 3 months investment horizon. Plandai Biotech maintains Sharpe Ratio (i.e., Efficiency) of 0.22, which implies the firm had a 0.22% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 10.42% are justified by taking the suggested risk. Use Plandai Biotech Risk Adjusted Performance of 0.1596, coefficient of variation of 510.44, and Semi Deviation of 24.26 to evaluate company specific risk that cannot be diversified away. Plandai Biotech holds a performance score of 17 on a scale of zero to a hundred. The company holds a Beta of -7.06, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Plandai Biotech are expected to decrease by larger amounts. On the other hand, during market turmoil, Plandai Biotech is expected to outperform it. Use Plandai Biotech standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to analyze future returns on Plandai Biotech.
Auto-correlation | 0.22 |
Weak predictability
Plandai Biotech has weak predictability. Overlapping area represents the amount of predictability between Plandai Biotech time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Plandai Biotech price movement. The serial correlation of 0.22 indicates that over 22.0% of current Plandai Biotech price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Plandai Biotech lagged returns against current returns
Autocorrelation, which is Plandai Biotech 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 Plandai Biotech's pink sheet expected returns. We can calculate the autocorrelation of Plandai Biotech returns to help us make a trade decision. For example, suppose you find that Plandai Biotech 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 |
Plandai Biotech 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 Plandai Biotech pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Plandai Biotech pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Plandai Biotech pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Plandai Biotech Lagged Returns
When evaluating Plandai Biotech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Plandai Biotech pink sheet have on its future price. Plandai Biotech 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, Plandai Biotech autocorrelation shows the relationship between Plandai Biotech pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Plandai Biotech.
Regressed Prices |
| Timeline |
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Plandai Biotech financial ratios help investors to determine whether Plandai 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 Plandai with respect to the benefits of owning Plandai Biotech security.