PATRIOT BATTERY's market value is the price at which a share of PATRIOT BATTERY trades on a public exchange. It measures the collective expectations of PATRIOT BATTERY METINC investors about its performance. PATRIOT BATTERY is trading at 1.84 as of the 5th of March 2025. This is a 3.95% up since the beginning of the trading day. The stock's lowest day price was 1.63. With this module, you can estimate the performance of a buy and hold strategy of PATRIOT BATTERY METINC and determine expected loss or profit from investing in PATRIOT BATTERY over a given investment horizon. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Symbol
PATRIOT
PATRIOT BATTERY '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 PATRIOT BATTERY'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 PATRIOT BATTERY.
0.00
03/10/2024
No Change 0.00
0.0
In 11 months and 26 days
03/05/2025
0.00
If you would invest 0.00 in PATRIOT BATTERY on March 10, 2024 and sell it all today you would earn a total of 0.00 from holding PATRIOT BATTERY METINC or generate 0.0% return on investment in PATRIOT BATTERY over 360 days.
PATRIOT BATTERY 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 PATRIOT BATTERY'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 PATRIOT BATTERY METINC upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for PATRIOT BATTERY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PATRIOT BATTERY's standard deviation. In reality, there are many statistical measures that can use PATRIOT BATTERY historical prices to predict the future PATRIOT BATTERY's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as PATRIOT BATTERY. Your research has to be compared to or analyzed against PATRIOT BATTERY's peers to derive any actionable benefits. When done correctly, PATRIOT BATTERY's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in PATRIOT BATTERY METINC.
PATRIOT BATTERY METINC Backtested Returns
At this point, PATRIOT BATTERY is dangerous. PATRIOT BATTERY METINC maintains Sharpe Ratio (i.e., Efficiency) of 0.0215, which implies the company had a 0.0215 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for PATRIOT BATTERY METINC, which you can use to evaluate the volatility of the entity. Please check PATRIOT BATTERY's Mean Deviation of 4.41, coefficient of variation of 1457.3, and Market Risk Adjusted Performance of 0.9521 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. PATRIOT BATTERY has a performance score of 1 on a scale of 0 to 100. The firm holds a Beta of 0.42, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PATRIOT BATTERY's returns are expected to increase less than the market. However, during the bear market, the loss of holding PATRIOT BATTERY is expected to be smaller as well. PATRIOT BATTERY METINC currently holds a risk of 5.59%. Please check PATRIOT BATTERY METINC treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to decide if PATRIOT BATTERY METINC will be following its historical price patterns.
Auto-correlation
0.26
Poor predictability
PATRIOT BATTERY METINC has poor predictability. Overlapping area represents the amount of predictability between PATRIOT BATTERY time series from 10th of March 2024 to 6th of September 2024 and 6th of September 2024 to 5th 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 PATRIOT BATTERY METINC price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current PATRIOT BATTERY price fluctuation can be explain by its past prices.
Correlation Coefficient
0.26
Spearman Rank Test
0.47
Residual Average
0.0
Price Variance
0.11
PATRIOT BATTERY METINC lagged returns against current returns
Autocorrelation, which is PATRIOT BATTERY 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 PATRIOT BATTERY's stock expected returns. We can calculate the autocorrelation of PATRIOT BATTERY returns to help us make a trade decision. For example, suppose you find that PATRIOT BATTERY 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
PATRIOT BATTERY 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 PATRIOT BATTERY stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PATRIOT BATTERY stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PATRIOT BATTERY stock over time.
Current vs Lagged Prices
Timeline
PATRIOT BATTERY Lagged Returns
When evaluating PATRIOT BATTERY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PATRIOT BATTERY stock have on its future price. PATRIOT BATTERY 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, PATRIOT BATTERY autocorrelation shows the relationship between PATRIOT BATTERY stock current value and its past values and can show if there is a momentum factor associated with investing in PATRIOT BATTERY METINC.