PPCCF OTC Stock Market Value

PPCCF
 Stock
  

USD 1.01  0.00  0.00%   

Picc Prop's market value is the price at which a share of Picc Prop stock trades on a public exchange. It measures the collective expectations of Picc Prop Casualty investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Picc Prop Casualty and determine expected loss or profit from investing in Picc Prop over a given investment horizon. Please check Picc Prop Hype Analysis, Picc Prop Correlation, Picc Prop Valuation, Picc Prop Volatility, as well as analyze Picc Prop Alpha and Beta and Picc Prop Performance.
Symbol
Backtest


Is Picc Prop'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 Picc Prop. If investors know PPCCF 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 Picc Prop listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.24
Market Capitalization
23.1 B
Quarterly Revenue Growth YOY
0.033
Return On Assets
0.0213
Return On Equity
0.11
The market value of Picc Prop Casualty is measured differently than its book value, which is the value of PPCCF that is recorded on the company's balance sheet. Investors also form their own opinion of Picc Prop's value that differs from its market value or its book value, called intrinsic value, which is Picc Prop'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 Picc Prop's market value can be influenced by many factors that don't directly affect Picc Prop'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 Picc Prop's value and its price as these two are different measures arrived at by different means. Investors typically determine Picc Prop value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Picc Prop'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.

Picc Prop '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 Picc Prop's otc 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 Picc Prop.
0.00
01/07/2022
No Change 0.00  0.0 
In 5 months and 29 days
07/06/2022
0.00
If you would invest  0.00  in Picc Prop on January 7, 2022 and sell it all today you would earn a total of 0.00 from holding Picc Prop Casualty or generate 0.0% return on investment in Picc Prop over 180 days. Picc Prop is related to or competes with Chubb, Progressive Corp, Travelers Companies, Allstate Corp, and Omnia Wellness. PICC Property and Casualty Company Limited, together with its subsidiaries, operates as a property and casualty insuranc...More

Picc Prop 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 Picc Prop's otc 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 Picc Prop Casualty upside and downside potential and time the market with a certain degree of confidence.

Picc Prop Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Picc Prop's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Picc Prop's standard deviation. In reality, there are many statistical measures that can use Picc Prop historical prices to predict the future Picc Prop's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Picc Prop'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. Please use the tools below to analyze the current value of Picc Prop in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.051.012.83
Details
Intrinsic
Valuation
LowReal ValueHigh
0.051.062.88
Details
Naive
Forecast
LowNext ValueHigh
0.0205751.032.84
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.920.981.05
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Picc Prop. Your research has to be compared to or analyzed against Picc Prop's peers to derive any actionable benefits. When done correctly, Picc Prop's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Picc Prop Casualty.

Picc Prop Casualty Backtested Returns

We consider Picc Prop very risky. Picc Prop Casualty maintains Sharpe Ratio (i.e., Efficiency) of 0.0549, which implies the firm had 0.0549% of return per unit of risk over the last 3 months. Our standpoint towards forecasting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Picc Prop Casualty, which you can use to evaluate the future volatility of the company. Please check Picc Prop Casualty coefficient of variation of 1907.53, and Risk Adjusted Performance of 0.0763 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%.
Picc Prop has a performance score of 4 on a scale of 0 to 100. The company holds a Beta of 0.0943, which implies not very significant fluctuations relative to the market. Let's try to break down what PPCCF's beta means in this case. As returns on the market increase, Picc Prop returns are expected to increase less than the market. However, during the bear market, the loss on holding Picc Prop will be expected to be smaller as well. Although it is important to respect Picc Prop Casualty current trending patterns, it is better to be realistic regarding the information on the equity's existing price patterns. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Picc Prop Casualty technical indicators, you can presently evaluate if the expected return of 0.1% will be sustainable into the future. Picc Prop Casualty right now holds a risk of 1.83%. Please check Picc Prop Casualty coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Picc Prop Casualty will be following its historical price patterns.

Auto-correlation

    
  0.27  

Poor predictability

Picc Prop Casualty has poor predictability. Overlapping area represents the amount of predictability between Picc Prop time series from 7th of January 2022 to 7th of April 2022 and 7th of April 2022 to 6th of July 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Picc Prop Casualty price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Picc Prop price fluctuation can be explain by its past prices.
Correlation Coefficient0.27
Spearman Rank Test0.59
Residual Average0.0
Price Variance0.0

Picc Prop Casualty lagged returns against current returns

Autocorrelation, which is Picc Prop otc 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 Picc Prop's otc stock expected returns. We can calculate the autocorrelation of Picc Prop returns to help us make a trade decision. For example, suppose you find that Picc Prop otc stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Picc Prop 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 Picc Prop otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Picc Prop otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Picc Prop otc stock over time.
 Current vs Lagged Prices 
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      Timeline 

Picc Prop Lagged Returns

When evaluating Picc Prop's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Picc Prop otc stock have on its future price. Picc Prop 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, Picc Prop autocorrelation shows the relationship between Picc Prop otc stock current value and its past values and can show if there is a momentum factor associated with investing in Picc Prop Casualty.
 Regressed Prices 
Share
      Timeline 

Picc Prop Investors Sentiment

The influence of Picc Prop's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in PPCCF. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
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 Picc Prop 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, Picc Prop's short interest history, or implied volatility extrapolated from Picc Prop options trading.

Current Sentiment - PPCCF

Picc Prop Casualty Investor Sentiment

Macroaxis portfolio users are evenly split in their perspective on investing in Picc Prop Casualty. What is your perspective on investing in Picc Prop Casualty? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish

Currently Active Assets on Macroaxis

Please check Picc Prop Hype Analysis, Picc Prop Correlation, Picc Prop Valuation, Picc Prop Volatility, as well as analyze Picc Prop Alpha and Beta and Picc Prop Performance. Note that the Picc Prop Casualty information on this page should be used as a complementary analysis to other Picc Prop'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running Picc Prop Casualty price analysis, check to measure Picc Prop'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 Picc Prop is operating at the current time. Most of Picc Prop's value examination focuses on studying past and present price action to predict the probability of Picc Prop's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Picc Prop's price. Additionally, you may evaluate how the addition of Picc Prop to your portfolios can decrease your overall portfolio volatility.
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Picc Prop technical otc stock 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, stock market cycles, or different charting patterns.
A focus of Picc Prop technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Picc Prop trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...