Prestige Cars International Stock Market Value
| PREC Stock | USD 0.01 0 32.00% |
| Symbol | Prestige |
Prestige Cars '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 Prestige Cars' 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 Prestige Cars.
| 03/13/2023 |
| 03/02/2025 |
If you would invest 0.00 in Prestige Cars on March 13, 2023 and sell it all today you would earn a total of 0.00 from holding Prestige Cars International or generate 0.0% return on investment in Prestige Cars over 720 days. Prestige Cars is related to or competes with Group 1, AutoNation, Sonic Automotive, Asbury Automotive, Lithia Motors, and Penske Automotive. Prestige Cars International, Inc. operates as a restorer and dealer of pre-owned Rolls Royce, Bentley and other high-end... More
Prestige Cars 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 Prestige Cars' 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 Prestige Cars International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1292 | |||
| Maximum Drawdown | 32.0 |
Prestige Cars Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prestige Cars' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prestige Cars' standard deviation. In reality, there are many statistical measures that can use Prestige Cars historical prices to predict the future Prestige Cars' volatility.| Risk Adjusted Performance | 0.1009 | |||
| Jensen Alpha | 0.5271 | |||
| Total Risk Alpha | 0.6238 | |||
| Treynor Ratio | 0.3922 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Prestige Cars' 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.
Prestige Cars Intern Backtested Returns
Prestige Cars appears to be out of control, given 3 months investment horizon. Prestige Cars Intern 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. By analyzing Prestige Cars' technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please evaluate Prestige Cars' Risk Adjusted Performance of 0.1009, coefficient of variation of 793.73, and Variance of 16.25 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Prestige Cars holds a performance score of 9. The company holds a Beta of 1.27, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Prestige Cars will likely underperform. Please check Prestige Cars' information ratio and the relationship between the skewness and price action indicator , to make a quick decision on whether Prestige Cars' historical price patterns will revert.
Auto-correlation | 0.48 |
Average predictability
Prestige Cars International has average predictability. Overlapping area represents the amount of predictability between Prestige Cars time series from 13th of March 2023 to 7th of March 2024 and 7th of March 2024 to 2nd of March 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 Prestige Cars Intern price movement. The serial correlation of 0.48 indicates that about 48.0% of current Prestige Cars price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Prestige Cars Intern lagged returns against current returns
Autocorrelation, which is Prestige Cars 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 Prestige Cars' pink sheet expected returns. We can calculate the autocorrelation of Prestige Cars returns to help us make a trade decision. For example, suppose you find that Prestige Cars 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 |
Prestige Cars 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 Prestige Cars pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prestige Cars pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prestige Cars pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Prestige Cars Lagged Returns
When evaluating Prestige Cars' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prestige Cars pink sheet have on its future price. Prestige Cars 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, Prestige Cars autocorrelation shows the relationship between Prestige Cars pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Prestige Cars International.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Prestige Pink Sheet
Prestige Cars financial ratios help investors to determine whether Prestige 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 Prestige with respect to the benefits of owning Prestige Cars security.