Plurilock Security Stock Market Value
| PLUR Stock | CAD 0.40 0.01 2.56% |
| Symbol | Plurilock |
Plurilock Security Price To Book Ratio
Plurilock Security '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 Plurilock Security'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 Plurilock Security.
| 04/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Plurilock Security on April 6, 2024 and sell it all today you would earn a total of 0.00 from holding Plurilock Security or generate 0.0% return on investment in Plurilock Security over 240 days. Plurilock Security is related to or competes with PowerBand Solutions, and NowVertical. Plurilock Security Solutions Inc., an identity-centric cybersecurity company, provides multi-factor authentication solut... More
Plurilock Security 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 Plurilock Security'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 Plurilock Security upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 39.4 | |||
| Value At Risk | (10.81) | |||
| Potential Upside | 13.33 |
Plurilock Security Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Plurilock Security's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Plurilock Security's standard deviation. In reality, there are many statistical measures that can use Plurilock Security historical prices to predict the future Plurilock Security's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.87) | |||
| Total Risk Alpha | (1.97) | |||
| Treynor Ratio | (1.21) |
Plurilock Security Backtested Returns
Plurilock Security maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the firm had a -0.13% return per unit of risk over the last 3 months. Plurilock Security exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Plurilock Security's Risk Adjusted Performance of (0.08), coefficient of variation of (907.21), and Variance of 50.25 to confirm the risk estimate we provide. The company holds a Beta of 0.65, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Plurilock Security's returns are expected to increase less than the market. However, during the bear market, the loss of holding Plurilock Security is expected to be smaller as well. At this point, Plurilock Security has a negative expected return of -0.87%. Please make sure to check Plurilock Security's kurtosis, daily balance of power, and the relationship between the skewness and accumulation distribution , to decide if Plurilock Security performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.42 |
Modest reverse predictability
Plurilock Security has modest reverse predictability. Overlapping area represents the amount of predictability between Plurilock Security time series from 6th of April 2024 to 4th of August 2024 and 4th of August 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 Plurilock Security price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Plurilock Security price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Plurilock Security lagged returns against current returns
Autocorrelation, which is Plurilock Security 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 Plurilock Security's stock expected returns. We can calculate the autocorrelation of Plurilock Security returns to help us make a trade decision. For example, suppose you find that Plurilock Security 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 |
Plurilock Security 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 Plurilock Security stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Plurilock Security stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Plurilock Security stock over time.
Current vs Lagged Prices |
| Timeline |
Plurilock Security Lagged Returns
When evaluating Plurilock Security's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Plurilock Security stock have on its future price. Plurilock Security 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, Plurilock Security autocorrelation shows the relationship between Plurilock Security stock current value and its past values and can show if there is a momentum factor associated with investing in Plurilock Security.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Plurilock Stock Analysis
When running Plurilock Security's price analysis, check to measure Plurilock Security'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 Plurilock Security is operating at the current time. Most of Plurilock Security's value examination focuses on studying past and present price action to predict the probability of Plurilock Security's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plurilock Security's price. Additionally, you may evaluate how the addition of Plurilock Security to your portfolios can decrease your overall portfolio volatility.