Priner Servios (Brazil) Market Value
| PRNR3 Stock | BRL 17.70 0.25 1.43% |
| Symbol | Priner |
Priner Servios '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 Priner Servios' 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 Priner Servios.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Priner Servios on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Priner Servios Industriais or generate 0.0% return on investment in Priner Servios over 90 days. Priner Servios is related to or competes with Sumitomo Mitsui, Deutsche Bank, Credit Acceptance, Bank of America, Citizens Financial, and Darden Restaurants,. Priner Servios Industriais S.A. provides industrial services and rental services in the petrochemical, pulp and paper, s... More
Priner Servios 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 Priner Servios' 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 Priner Servios Industriais upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.66 | |||
| Information Ratio | 0.2174 | |||
| Maximum Drawdown | 7.78 | |||
| Value At Risk | (2.51) | |||
| Potential Upside | 4.24 |
Priner Servios Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Priner Servios' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Priner Servios' standard deviation. In reality, there are many statistical measures that can use Priner Servios historical prices to predict the future Priner Servios' volatility.| Risk Adjusted Performance | 0.1539 | |||
| Jensen Alpha | 0.3629 | |||
| Total Risk Alpha | 0.6076 | |||
| Sortino Ratio | 0.2736 | |||
| Treynor Ratio | 2.18 |
Priner Servios Indus Backtested Returns
Priner Servios appears to be very steady, given 3 months investment horizon. Priner Servios Indus maintains Sharpe Ratio (i.e., Efficiency) of 0.28, which implies the firm had a 0.28 % return per unit of risk over the last 3 months. By analyzing Priner Servios' technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please evaluate Priner Servios' Risk Adjusted Performance of 0.1539, coefficient of variation of 588.2, and Semi Deviation of 1.35 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Priner Servios holds a performance score of 21. The company holds a Beta of 0.16, which implies not very significant fluctuations relative to the market. As returns on the market increase, Priner Servios' returns are expected to increase less than the market. However, during the bear market, the loss of holding Priner Servios is expected to be smaller as well. Please check Priner Servios' treynor ratio, downside variance, and the relationship between the total risk alpha and value at risk , to make a quick decision on whether Priner Servios' historical price patterns will revert.
Auto-correlation | 0.55 |
Modest predictability
Priner Servios Industriais has modest predictability. Overlapping area represents the amount of predictability between Priner Servios time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Priner Servios Indus price movement. The serial correlation of 0.55 indicates that about 55.0% of current Priner Servios price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Priner Servios Indus lagged returns against current returns
Autocorrelation, which is Priner Servios 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 Priner Servios' stock expected returns. We can calculate the autocorrelation of Priner Servios returns to help us make a trade decision. For example, suppose you find that Priner Servios 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 |
Priner Servios 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 Priner Servios stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Priner Servios stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Priner Servios stock over time.
Current vs Lagged Prices |
| Timeline |
Priner Servios Lagged Returns
When evaluating Priner Servios' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Priner Servios stock have on its future price. Priner Servios 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, Priner Servios autocorrelation shows the relationship between Priner Servios stock current value and its past values and can show if there is a momentum factor associated with investing in Priner Servios Industriais.
Regressed Prices |
| Timeline |
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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.Additional Tools for Priner Stock Analysis
When running Priner Servios' price analysis, check to measure Priner Servios' 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 Priner Servios is operating at the current time. Most of Priner Servios' value examination focuses on studying past and present price action to predict the probability of Priner Servios' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Priner Servios' price. Additionally, you may evaluate how the addition of Priner Servios to your portfolios can decrease your overall portfolio volatility.