Professional Diversity Network Stock Market Value
| IPDN Stock | USD 1.42 0.25 21.37% |
| Symbol | Professional |
Professional Diversity Price To Book Ratio
Is Professional Diversity's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Professional Diversity. If investors know Professional will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Professional Diversity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.43) | Revenue Per Share 0.725 | Quarterly Revenue Growth (0.03) | Return On Assets (0.43) | Return On Equity (1.80) |
The market value of Professional Diversity is measured differently than its book value, which is the value of Professional that is recorded on the company's balance sheet. Investors also form their own opinion of Professional Diversity's value that differs from its market value or its book value, called intrinsic value, which is Professional Diversity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Professional Diversity's market value can be influenced by many factors that don't directly affect Professional Diversity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Professional Diversity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Professional Diversity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Professional Diversity's 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.
Professional Diversity '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 Professional Diversity'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 Professional Diversity.
| 02/23/2024 |
| 04/23/2024 |
If you would invest 0.00 in Professional Diversity on February 23, 2024 and sell it all today you would earn a total of 0.00 from holding Professional Diversity Network or generate 0.0% return on investment in Professional Diversity over 60 days. Professional Diversity is related to or competes with Maximus, CBIZ, First Advantage, and Cass Information. Professional Diversity Network, Inc. operates online professional networking communities with career resources in the Un... More
Professional Diversity 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 Professional Diversity'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 Professional Diversity Network upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 47.4 | |||
| Value At Risk | (11.54) | |||
| Potential Upside | 12.61 |
Professional Diversity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Professional Diversity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Professional Diversity's standard deviation. In reality, there are many statistical measures that can use Professional Diversity historical prices to predict the future Professional Diversity's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (1.27) | |||
| Treynor Ratio | (0.69) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Professional Diversity's 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.
Professional Diversity Backtested Returns
Professional Diversity maintains Sharpe Ratio (i.e., Efficiency) of -0.0896, which implies the firm had a -0.0896% return per unit of risk over the last 3 months. Professional Diversity exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Professional Diversity's Risk Adjusted Performance of (0.01), variance of 66.24, and Coefficient Of Variation of (3,869) to confirm the risk estimate we provide. The company holds a Beta of 0.32, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Professional Diversity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Professional Diversity is expected to be smaller as well. Professional Diversity has an expected return of -0.72%. Please make sure to check Professional Diversity total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Professional Diversity performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Professional Diversity Network has insignificant reverse predictability. Overlapping area represents the amount of predictability between Professional Diversity time series from 23rd of February 2024 to 24th of March 2024 and 24th of March 2024 to 23rd 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 Professional Diversity price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Professional Diversity price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Professional Diversity lagged returns against current returns
Autocorrelation, which is Professional Diversity 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 Professional Diversity's stock expected returns. We can calculate the autocorrelation of Professional Diversity returns to help us make a trade decision. For example, suppose you find that Professional Diversity 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 |
Professional Diversity 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 Professional Diversity stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Professional Diversity stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Professional Diversity stock over time.
Current vs Lagged Prices |
| Timeline |
Professional Diversity Lagged Returns
When evaluating Professional Diversity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Professional Diversity stock have on its future price. Professional Diversity 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, Professional Diversity autocorrelation shows the relationship between Professional Diversity stock current value and its past values and can show if there is a momentum factor associated with investing in Professional Diversity Network.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Professional Diversity Correlation, Professional Diversity Volatility and Professional Diversity Alpha and Beta module to complement your research on Professional Diversity. Note that the Professional Diversity information on this page should be used as a complementary analysis to other Professional Diversity's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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When running Professional Diversity's price analysis, check to measure Professional Diversity'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 Professional Diversity is operating at the current time. Most of Professional Diversity's value examination focuses on studying past and present price action to predict the probability of Professional Diversity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Professional Diversity's price. Additionally, you may evaluate how the addition of Professional Diversity to your portfolios can decrease your overall portfolio volatility.
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