PYC Therapeutics (Australia) Market Value

PYC Stock   1.40  0.05  3.45%   
PYC Therapeutics' market value is the price at which a share of PYC Therapeutics trades on a public exchange. It measures the collective expectations of PYC Therapeutics investors about its performance. PYC Therapeutics is selling for under 1.40 as of the 25th of December 2024; that is 3.45 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 1.4.
With this module, you can estimate the performance of a buy and hold strategy of PYC Therapeutics and determine expected loss or profit from investing in PYC Therapeutics over a given investment horizon. Check out PYC Therapeutics Correlation, PYC Therapeutics Volatility and PYC Therapeutics Alpha and Beta module to complement your research on PYC Therapeutics.
Symbol

Please note, there is a significant difference between PYC Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if PYC Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PYC Therapeutics' 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.

PYC Therapeutics '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 PYC Therapeutics' 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 PYC Therapeutics.
0.00
01/05/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/25/2024
0.00
If you would invest  0.00  in PYC Therapeutics on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding PYC Therapeutics or generate 0.0% return on investment in PYC Therapeutics over 720 days. PYC Therapeutics is related to or competes with FSA, Tamawood, Cochlear, Rea, Macquarie, Block, and Pro Medicus. PYC Therapeutics is entity of Australia. It is traded as Stock on AU exchange. More

PYC Therapeutics 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 PYC Therapeutics' 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 PYC Therapeutics upside and downside potential and time the market with a certain degree of confidence.

PYC Therapeutics Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for PYC Therapeutics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PYC Therapeutics' standard deviation. In reality, there are many statistical measures that can use PYC Therapeutics historical prices to predict the future PYC Therapeutics' volatility.
Hype
Prediction
LowEstimatedHigh
0.071.405.24
Details
Intrinsic
Valuation
LowRealHigh
0.071.315.15
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.0025-0.0025-0.0025
Details

PYC Therapeutics Backtested Returns

PYC Therapeutics retains Efficiency (Sharpe Ratio) of -0.083, which implies the firm had a -0.083% return per unit of risk over the last 3 months. PYC Therapeutics exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PYC Therapeutics' coefficient of variation of (30,306), and Market Risk Adjusted Performance of 0.1481 to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.18, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PYC Therapeutics are expected to decrease at a much lower rate. During the bear market, PYC Therapeutics is likely to outperform the market. At this point, PYC Therapeutics has a negative expected return of -0.32%. Please make sure to check PYC Therapeutics' coefficient of variation, information ratio, total risk alpha, as well as the relationship between the standard deviation and jensen alpha , to decide if PYC Therapeutics performance from the past will be repeated at future time.

Auto-correlation

    
  0.11  

Insignificant predictability

PYC Therapeutics has insignificant predictability. Overlapping area represents the amount of predictability between PYC Therapeutics time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 PYC Therapeutics price movement. The serial correlation of 0.11 indicates that less than 11.0% of current PYC Therapeutics price fluctuation can be explain by its past prices.
Correlation Coefficient0.11
Spearman Rank Test-0.11
Residual Average0.0
Price Variance0.14

PYC Therapeutics lagged returns against current returns

Autocorrelation, which is PYC Therapeutics 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 PYC Therapeutics' stock expected returns. We can calculate the autocorrelation of PYC Therapeutics returns to help us make a trade decision. For example, suppose you find that PYC Therapeutics 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  

PYC Therapeutics 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 PYC Therapeutics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PYC Therapeutics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PYC Therapeutics stock over time.
   Current vs Lagged Prices   
       Timeline  

PYC Therapeutics Lagged Returns

When evaluating PYC Therapeutics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PYC Therapeutics stock have on its future price. PYC Therapeutics 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, PYC Therapeutics autocorrelation shows the relationship between PYC Therapeutics stock current value and its past values and can show if there is a momentum factor associated with investing in PYC Therapeutics.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for PYC Stock Analysis

When running PYC Therapeutics' price analysis, check to measure PYC Therapeutics' 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 PYC Therapeutics is operating at the current time. Most of PYC Therapeutics' value examination focuses on studying past and present price action to predict the probability of PYC Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PYC Therapeutics' price. Additionally, you may evaluate how the addition of PYC Therapeutics to your portfolios can decrease your overall portfolio volatility.