Purecycle Technologies Stock Market Value

PCTTW Stock  USD 3.70  0.05  1.37%   
PureCycle Technologies' market value is the price at which a share of PureCycle Technologies trades on a public exchange. It measures the collective expectations of PureCycle Technologies investors about its performance. PureCycle Technologies is selling for under 3.70 as of the 23rd of December 2024; that is 1.37 percent increase since the beginning of the trading day. The stock's lowest day price was 3.42.
With this module, you can estimate the performance of a buy and hold strategy of PureCycle Technologies and determine expected loss or profit from investing in PureCycle Technologies over a given investment horizon. Check out PureCycle Technologies Correlation, PureCycle Technologies Volatility and PureCycle Technologies Alpha and Beta module to complement your research on PureCycle Technologies.
For more information on how to buy PureCycle Stock please use our How to Invest in PureCycle Technologies guide.
Symbol

Is Specialty Chemicals space 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 PureCycle Technologies. If investors know PureCycle 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 PureCycle Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets
(0.11)
Return On Equity
(0.43)
The market value of PureCycle Technologies is measured differently than its book value, which is the value of PureCycle that is recorded on the company's balance sheet. Investors also form their own opinion of PureCycle Technologies' value that differs from its market value or its book value, called intrinsic value, which is PureCycle Technologies' 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 PureCycle Technologies' market value can be influenced by many factors that don't directly affect PureCycle Technologies' 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 PureCycle Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if PureCycle Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PureCycle Technologies' 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.

PureCycle Technologies '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 PureCycle Technologies' 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 PureCycle Technologies.
0.00
11/23/2024
No Change 0.00  0.0 
In 31 days
12/23/2024
0.00
If you would invest  0.00  in PureCycle Technologies on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding PureCycle Technologies or generate 0.0% return on investment in PureCycle Technologies over 30 days. PureCycle Technologies is related to or competes with Purecycle Technologies, Blade Air, Morningstar Unconstrained, Thrivent High, Via Renewables, T Rowe, and 70082LAB3. More

PureCycle Technologies 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 PureCycle Technologies' 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 PureCycle Technologies upside and downside potential and time the market with a certain degree of confidence.

PureCycle Technologies Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for PureCycle Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PureCycle Technologies' standard deviation. In reality, there are many statistical measures that can use PureCycle Technologies historical prices to predict the future PureCycle Technologies' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PureCycle Technologies' 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.
Hype
Prediction
LowEstimatedHigh
0.193.8011.14
Details
Intrinsic
Valuation
LowRealHigh
0.183.6310.97
Details

PureCycle Technologies Backtested Returns

PureCycle Technologies appears to be very risky, given 3 months investment horizon. PureCycle Technologies maintains Sharpe Ratio (i.e., Efficiency) of 0.0795, which implies the firm had a 0.0795% return per unit of risk over the last 3 months. By analyzing PureCycle Technologies' technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please evaluate PureCycle Technologies' Semi Deviation of 5.11, risk adjusted performance of 0.1134, and Coefficient Of Variation of 758.47 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, PureCycle Technologies holds a performance score of 6. The company holds a Beta of 1.38, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, PureCycle Technologies will likely underperform. Please check PureCycle Technologies' downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to make a quick decision on whether PureCycle Technologies' historical price patterns will revert.

Auto-correlation

    
  0.47  

Average predictability

PureCycle Technologies has average predictability. Overlapping area represents the amount of predictability between PureCycle Technologies time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd 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 PureCycle Technologies price movement. The serial correlation of 0.47 indicates that about 47.0% of current PureCycle Technologies price fluctuation can be explain by its past prices.
Correlation Coefficient0.47
Spearman Rank Test0.08
Residual Average0.0
Price Variance0.13

PureCycle Technologies lagged returns against current returns

Autocorrelation, which is PureCycle Technologies 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 PureCycle Technologies' stock expected returns. We can calculate the autocorrelation of PureCycle Technologies returns to help us make a trade decision. For example, suppose you find that PureCycle Technologies 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  

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

PureCycle Technologies Lagged Returns

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

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Additional Tools for PureCycle Stock Analysis

When running PureCycle Technologies' price analysis, check to measure PureCycle Technologies' 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 PureCycle Technologies is operating at the current time. Most of PureCycle Technologies' value examination focuses on studying past and present price action to predict the probability of PureCycle Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PureCycle Technologies' price. Additionally, you may evaluate how the addition of PureCycle Technologies to your portfolios can decrease your overall portfolio volatility.