Peraso Inc Stock Market Value
| PRSO Stock | USD 1.47 0.06 4.26% |
| Symbol | Peraso |
Peraso Inc Price To Book Ratio
Is Semiconductors & Semiconductor Equipment 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 Peraso. If investors know Peraso 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 Peraso 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 291.393 | Earnings Share (16.49) | Revenue Per Share 8.774 | Quarterly Revenue Growth 0.764 | Return On Assets (0.80) |
The market value of Peraso Inc is measured differently than its book value, which is the value of Peraso that is recorded on the company's balance sheet. Investors also form their own opinion of Peraso's value that differs from its market value or its book value, called intrinsic value, which is Peraso'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 Peraso's market value can be influenced by many factors that don't directly affect Peraso'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 Peraso's value and its price as these two are different measures arrived at by different means. Investors typically determine if Peraso is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Peraso'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.
Peraso '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 Peraso'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 Peraso.
| 09/03/2024 |
| 10/03/2024 |
If you would invest 0.00 in Peraso on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Peraso Inc or generate 0.0% return on investment in Peraso over 30 days. Peraso is related to or competes with EMCORE. Peraso Inc. operates as a fabless semiconductor company, develops, markets, and sells semiconductor devices and modules More
Peraso 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 Peraso'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 Peraso Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.33 | |||
| Information Ratio | 0.0189 | |||
| Maximum Drawdown | 32.74 | |||
| Value At Risk | (8.16) | |||
| Potential Upside | 8.57 |
Peraso Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Peraso's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Peraso's standard deviation. In reality, there are many statistical measures that can use Peraso historical prices to predict the future Peraso's volatility.| Risk Adjusted Performance | 0.0407 | |||
| Jensen Alpha | 0.0703 | |||
| Total Risk Alpha | (0.51) | |||
| Sortino Ratio | 0.0195 | |||
| Treynor Ratio | 0.1595 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Peraso'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.
Peraso Inc Backtested Returns
As of now, Peraso Stock is extremely dangerous. Peraso Inc maintains Sharpe Ratio (i.e., Efficiency) of 0.017, which implies the firm had a 0.017% return per unit of risk over the last 3 months. We have found thirty technical indicators for Peraso Inc, which you can use to evaluate the volatility of the company. Please check Peraso's Coefficient Of Variation of 2504.81, semi deviation of 4.74, and Risk Adjusted Performance of 0.0407 to confirm if the risk estimate we provide is consistent with the expected return of 0.0942%. Peraso has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 1.32, 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, Peraso will likely underperform. Peraso Inc right now holds a risk of 5.54%. Please check Peraso Inc downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Peraso Inc will be following its historical price patterns.
Auto-correlation | 0.07 |
Virtually no predictability
Peraso Inc has virtually no predictability. Overlapping area represents the amount of predictability between Peraso time series from 3rd of September 2024 to 18th of September 2024 and 18th of September 2024 to 3rd of October 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 Peraso Inc price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Peraso price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Peraso Inc lagged returns against current returns
Autocorrelation, which is Peraso 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 Peraso's stock expected returns. We can calculate the autocorrelation of Peraso returns to help us make a trade decision. For example, suppose you find that Peraso 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 |
Peraso 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 Peraso stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Peraso stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Peraso stock over time.
Current vs Lagged Prices |
| Timeline |
Peraso Lagged Returns
When evaluating Peraso's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Peraso stock have on its future price. Peraso 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, Peraso autocorrelation shows the relationship between Peraso stock current value and its past values and can show if there is a momentum factor associated with investing in Peraso Inc.
Regressed Prices |
| Timeline |
Pair Trading with Peraso
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 Peraso 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 Peraso will appreciate offsetting losses from the drop in the long position's value.Moving together with Peraso Stock
The ability to find closely correlated positions to Peraso could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Peraso 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 Peraso - 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 Peraso Inc to buy it.
The correlation of Peraso 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 Peraso moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Peraso Inc 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 Peraso 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.Additional Information and Resources on Investing in Peraso Stock
When determining whether Peraso Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Peraso's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Peraso Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Peraso Inc Stock:Check out Peraso Correlation, Peraso Volatility and Peraso Alpha and Beta module to complement your research on Peraso. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Peraso technical 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.