Precision Optics, Stock Market Value
| POCI Stock | 4.15 0.21 4.82% |
| Symbol | Precision |
Precision Optics, Price To Book Ratio
Is Health Care Equipment & Supplies 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 Precision Optics,. If investors know Precision 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 Precision Optics, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.65) | Revenue Per Share | Quarterly Revenue Growth (0.06) | Return On Assets | Return On Equity |
The market value of Precision Optics, is measured differently than its book value, which is the value of Precision that is recorded on the company's balance sheet. Investors also form their own opinion of Precision Optics,'s value that differs from its market value or its book value, called intrinsic value, which is Precision Optics,'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 Precision Optics,'s market value can be influenced by many factors that don't directly affect Precision Optics,'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 Precision Optics,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Precision Optics, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Precision Optics,'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.
Precision Optics, '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 Precision Optics,'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 Precision Optics,.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Precision Optics, on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Precision Optics, or generate 0.0% return on investment in Precision Optics, over 30 days. Precision Optics, is related to or competes with ReShape Lifesciences, Bone Biologics, Tivic Health, Nuwellis, NanoVibronix, Nexalin Technology, and Bluejay Diagnostics. Precision Optics, is entity of United States More
Precision Optics, 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 Precision Optics,'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 Precision Optics, upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 13.87 | |||
| Value At Risk | (4.40) | |||
| Potential Upside | 4.72 |
Precision Optics, Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Precision Optics,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Precision Optics,'s standard deviation. In reality, there are many statistical measures that can use Precision Optics, historical prices to predict the future Precision Optics,'s volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (1.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Precision Optics,'s price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Precision Optics, Backtested Returns
Precision Optics, maintains Sharpe Ratio (i.e., Efficiency) of -0.0569, which implies the firm had a -0.0569 % return per unit of risk over the last 3 months. Precision Optics, exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Precision Optics,'s Risk Adjusted Performance of (0.05), variance of 7.8, and Coefficient Of Variation of (1,180) to confirm the risk estimate we provide. The company holds a Beta of 0.24, which implies not very significant fluctuations relative to the market. As returns on the market increase, Precision Optics,'s returns are expected to increase less than the market. However, during the bear market, the loss of holding Precision Optics, is expected to be smaller as well. At this point, Precision Optics, has a negative expected return of -0.14%. Please make sure to check Precision Optics,'s skewness, and the relationship between the treynor ratio and rate of daily change , to decide if Precision Optics, performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Precision Optics, has insignificant reverse predictability. Overlapping area represents the amount of predictability between Precision Optics, time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 Precision Optics, price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Precision Optics, price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Precision Optics, lagged returns against current returns
Autocorrelation, which is Precision Optics, 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 Precision Optics,'s stock expected returns. We can calculate the autocorrelation of Precision Optics, returns to help us make a trade decision. For example, suppose you find that Precision Optics, 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 |
Precision Optics, 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 Precision Optics, stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Precision Optics, stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Precision Optics, stock over time.
Current vs Lagged Prices |
| Timeline |
Precision Optics, Lagged Returns
When evaluating Precision Optics,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Precision Optics, stock have on its future price. Precision Optics, 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, Precision Optics, autocorrelation shows the relationship between Precision Optics, stock current value and its past values and can show if there is a momentum factor associated with investing in Precision Optics,.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Precision Optics, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Precision Optics,'s financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Precision Optics, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Precision Optics, Stock:Check out Precision Optics, Correlation, Precision Optics, Volatility and Precision Optics, Alpha and Beta module to complement your research on Precision Optics,. For more detail on how to invest in Precision Stock please use our How to Invest in Precision Optics, guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Precision Optics, technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.