Precinct Properties New Stock Market Value
| AOTUF Stock | USD 0.72 0.03 4.00% |
| Symbol | Precinct |
Precinct Properties '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 Precinct Properties' 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 Precinct Properties.
| 10/24/2022 |
| 04/16/2024 |
If you would invest 0.00 in Precinct Properties on October 24, 2022 and sell it all today you would earn a total of 0.00 from holding Precinct Properties New or generate 0.0% return on investment in Precinct Properties over 540 days. Precinct Properties is related to or competes with Comstock Holding, St Joe, Stratus Properties, Henderson Land, Mitsui Fudosan, and New World. Precinct is New Zealands only listed city centre specialist investing predominately in premium and A-grade commercial of... More
Precinct Properties 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 Precinct Properties' 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 Precinct Properties New upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 4.0 |
Precinct Properties Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Precinct Properties' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Precinct Properties' standard deviation. In reality, there are many statistical measures that can use Precinct Properties historical prices to predict the future Precinct Properties' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.35) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Precinct Properties' 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.
Precinct Properties New Backtested Returns
Precinct Properties New maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the firm had a -0.13% return per unit of risk over the last 3 months. Precinct Properties New exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Precinct Properties' Risk Adjusted Performance of (0.08), variance of 0.2424, and Coefficient Of Variation of (812.40) to confirm the risk estimate we provide. The company holds a Beta of 0.2, which implies not very significant fluctuations relative to the market. As returns on the market increase, Precinct Properties' returns are expected to increase less than the market. However, during the bear market, the loss of holding Precinct Properties is expected to be smaller as well. Precinct Properties New has an expected return of -0.0645%. Please make sure to check Precinct Properties New information ratio, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Precinct Properties New performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.08 |
Very weak reverse predictability
Precinct Properties New has very weak reverse predictability. Overlapping area represents the amount of predictability between Precinct Properties time series from 24th of October 2022 to 21st of July 2023 and 21st of July 2023 to 16th of April 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 Precinct Properties New price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Precinct Properties price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Precinct Properties New lagged returns against current returns
Autocorrelation, which is Precinct Properties 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 Precinct Properties' pink sheet expected returns. We can calculate the autocorrelation of Precinct Properties returns to help us make a trade decision. For example, suppose you find that Precinct Properties 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 |
Precinct Properties 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 Precinct Properties pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Precinct Properties pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Precinct Properties pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Precinct Properties Lagged Returns
When evaluating Precinct Properties' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Precinct Properties pink sheet have on its future price. Precinct Properties 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, Precinct Properties autocorrelation shows the relationship between Precinct Properties pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Precinct Properties New.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Precinct Properties in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Precinct Properties' short interest history, or implied volatility extrapolated from Precinct Properties options trading.
Pair Trading with Precinct Properties
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Precinct Properties position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Precinct Properties will appreciate offsetting losses from the drop in the long position's value.Moving against Precinct Pink Sheet
| 0.64 | JPHLF | Japan Post Holdings | PairCorr |
| 0.49 | GSEFF | Covivio Trending | PairCorr |
| 0.47 | AA | Alcoa Corp Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to Precinct Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Precinct Properties when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Precinct Properties - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Precinct Properties New to buy it.
The correlation of Precinct Properties is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Precinct Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Precinct Properties New moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Precinct Properties can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Precinct Properties Correlation, Precinct Properties Volatility and Precinct Properties Alpha and Beta module to complement your research on Precinct Properties. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Precinct Pink Sheet analysis
When running Precinct Properties' price analysis, check to measure Precinct Properties' 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 Precinct Properties is operating at the current time. Most of Precinct Properties' value examination focuses on studying past and present price action to predict the probability of Precinct Properties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Precinct Properties' price. Additionally, you may evaluate how the addition of Precinct Properties to your portfolios can decrease your overall portfolio volatility.
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Precinct Properties technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.