PRS Reit (UK) Market Value
| PRSR Stock | 103.80 0.20 0.19% |
| Symbol | PRS |
PRS Reit '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 PRS Reit'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 PRS Reit.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in PRS Reit on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding PRS Reit PLC or generate 0.0% return on investment in PRS Reit over 30 days. PRS Reit is related to or competes with Mobilezone Holding, Verizon Communications, Microchip Technology, Polar Capital, Take Two, Aeorema Communications, and Ashtead Technology. PRS Reit is entity of United Kingdom. It is traded as Stock on LSE exchange. More
PRS Reit 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 PRS Reit'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 PRS Reit PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.15 | |||
| Information Ratio | 0.0192 | |||
| Maximum Drawdown | 9.58 | |||
| Value At Risk | (1.67) | |||
| Potential Upside | 2.1 |
PRS Reit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PRS Reit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PRS Reit's standard deviation. In reality, there are many statistical measures that can use PRS Reit historical prices to predict the future PRS Reit's volatility.| Risk Adjusted Performance | 0.0923 | |||
| Jensen Alpha | 0.172 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0241 | |||
| Treynor Ratio | (1.19) |
PRS Reit PLC Backtested Returns
PRS Reit appears to be very steady, given 3 months investment horizon. PRS Reit PLC maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for PRS Reit PLC, which you can use to evaluate the volatility of the company. Please evaluate PRS Reit's Market Risk Adjusted Performance of (1.18), semi deviation of 0.9243, and Risk Adjusted Performance of 0.0923 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, PRS Reit holds a performance score of 11. The company holds a Beta of -0.13, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PRS Reit are expected to decrease at a much lower rate. During the bear market, PRS Reit is likely to outperform the market. Please check PRS Reit's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether PRS Reit's historical price patterns will revert.
Auto-correlation | -0.33 |
Poor reverse predictability
PRS Reit PLC has poor reverse predictability. Overlapping area represents the amount of predictability between PRS Reit time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 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 PRS Reit PLC price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current PRS Reit price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
PRS Reit PLC lagged returns against current returns
Autocorrelation, which is PRS Reit 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 PRS Reit's stock expected returns. We can calculate the autocorrelation of PRS Reit returns to help us make a trade decision. For example, suppose you find that PRS Reit 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 |
PRS Reit 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 PRS Reit stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PRS Reit stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PRS Reit stock over time.
Current vs Lagged Prices |
| Timeline |
PRS Reit Lagged Returns
When evaluating PRS Reit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PRS Reit stock have on its future price. PRS Reit 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, PRS Reit autocorrelation shows the relationship between PRS Reit stock current value and its past values and can show if there is a momentum factor associated with investing in PRS Reit PLC.
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 PRS Stock Analysis
When running PRS Reit's price analysis, check to measure PRS Reit'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 PRS Reit is operating at the current time. Most of PRS Reit's value examination focuses on studying past and present price action to predict the probability of PRS Reit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PRS Reit's price. Additionally, you may evaluate how the addition of PRS Reit to your portfolios can decrease your overall portfolio volatility.