Protek Capital Stock Market Value
| PRPM Stock | USD 0.0001 0.00 0.00% |
| Symbol | Protek |
Protek Capital '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 Protek Capital's 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 Protek Capital.
| 02/07/2024 |
| 05/07/2024 |
If you would invest 0.00 in Protek Capital on February 7, 2024 and sell it all today you would earn a total of 0.00 from holding Protek Capital or generate 0.0% return on investment in Protek Capital over 90 days. ProTek Capital, Inc. focuses on investing or acquiring software companies that are privately held or traded on the publi... More
Protek Capital 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 Protek Capital's 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 Protek Capital upside and downside potential and time the market with a certain degree of confidence.
Protek Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Protek Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Protek Capital's standard deviation. In reality, there are many statistical measures that can use Protek Capital historical prices to predict the future Protek Capital's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Protek Capital'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.
Protek Capital Backtested Returns
Protek Capital maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We were able to interpolate data for three different technical indicators, which can help you to evaluate if expected returns of 14.52% are justified by taking the suggested risk. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Protek Capital are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Protek Capital has no correlation between past and present. Overlapping area represents the amount of predictability between Protek Capital time series from 7th of February 2024 to 23rd of March 2024 and 23rd of March 2024 to 7th of May 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 Protek Capital price movement. The serial correlation of 0.0 indicates that just 0.0% of current Protek Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Protek Capital lagged returns against current returns
Autocorrelation, which is Protek Capital 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 Protek Capital's pink sheet expected returns. We can calculate the autocorrelation of Protek Capital returns to help us make a trade decision. For example, suppose you find that Protek Capital 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 |
Protek Capital 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 Protek Capital pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Protek Capital pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Protek Capital pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Protek Capital Lagged Returns
When evaluating Protek Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Protek Capital pink sheet have on its future price. Protek Capital 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, Protek Capital autocorrelation shows the relationship between Protek Capital pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Protek Capital.
Regressed Prices |
| Timeline |
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Check out Protek Capital Correlation, Protek Capital Volatility and Protek Capital Alpha and Beta module to complement your research on Protek Capital. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Protek Pink Sheet analysis
When running Protek Capital's price analysis, check to measure Protek Capital'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 Protek Capital is operating at the current time. Most of Protek Capital's value examination focuses on studying past and present price action to predict the probability of Protek Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Protek Capital's price. Additionally, you may evaluate how the addition of Protek Capital to your portfolios can decrease your overall portfolio volatility.
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Protek Capital 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.