Yellow Pages Limited Stock Market Value
| YLWDF Stock | USD 7.90 0.10 1.25% |
| Symbol | Yellow |
Yellow Pages '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 Yellow Pages' 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 Yellow Pages.
| 09/22/2024 |
| 12/21/2024 |
If you would invest 0.00 in Yellow Pages on September 22, 2024 and sell it all today you would earn a total of 0.00 from holding Yellow Pages Limited or generate 0.0% return on investment in Yellow Pages over 90 days. Yellow Pages is related to or competes with 01 Communique, LifeSpeak, RenoWorks Software, Morningstar Unconstrained, Thrivent High, Via Renewables, and T Rowe. Yellow Pages Limited operates as a digital media and marketing solutions company in Canada More
Yellow Pages 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 Yellow Pages' 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 Yellow Pages Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.092 | |||
| Maximum Drawdown | 5.08 | |||
| Value At Risk | (1.25) | |||
| Potential Upside | 1.83 |
Yellow Pages Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yellow Pages' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yellow Pages' standard deviation. In reality, there are many statistical measures that can use Yellow Pages historical prices to predict the future Yellow Pages' volatility.| Risk Adjusted Performance | 0.1004 | |||
| Jensen Alpha | 0.1126 | |||
| Total Risk Alpha | 0.0865 | |||
| Treynor Ratio | 1.22 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Yellow Pages' 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.
Yellow Pages Limited Backtested Returns
At this point, Yellow Pages is not too volatile. Yellow Pages Limited shows Sharpe Ratio of 0.13, which attests that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Yellow Pages Limited, which you can use to evaluate the volatility of the company. Please check out Yellow Pages' Standard Deviation of 1.01, mean deviation of 0.4798, and Market Risk Adjusted Performance of 1.23 to validate if the risk estimate we provide is consistent with the expected return of 0.13%. Yellow Pages has a performance score of 9 on a scale of 0 to 100. The firm maintains a market beta of 0.094, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Yellow Pages' returns are expected to increase less than the market. However, during the bear market, the loss of holding Yellow Pages is expected to be smaller as well. Yellow Pages Limited right now maintains a risk of 1.02%. Please check out Yellow Pages Limited skewness, as well as the relationship between the day median price and relative strength index , to decide if Yellow Pages Limited will be following its historical returns.
Auto-correlation | -0.54 |
Good reverse predictability
Yellow Pages Limited has good reverse predictability. Overlapping area represents the amount of predictability between Yellow Pages time series from 22nd of September 2024 to 6th of November 2024 and 6th of November 2024 to 21st 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 Yellow Pages Limited price movement. The serial correlation of -0.54 indicates that about 54.0% of current Yellow Pages price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Yellow Pages Limited lagged returns against current returns
Autocorrelation, which is Yellow Pages 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 Yellow Pages' pink sheet expected returns. We can calculate the autocorrelation of Yellow Pages returns to help us make a trade decision. For example, suppose you find that Yellow Pages 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 |
Yellow Pages 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 Yellow Pages pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yellow Pages pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yellow Pages pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Yellow Pages Lagged Returns
When evaluating Yellow Pages' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yellow Pages pink sheet have on its future price. Yellow Pages 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, Yellow Pages autocorrelation shows the relationship between Yellow Pages pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Yellow Pages Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Yellow Pink Sheet
Yellow Pages financial ratios help investors to determine whether Yellow 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 Yellow with respect to the benefits of owning Yellow Pages security.