Planet Image International Stock Market Value
| YIBO Stock | 1.24 0.06 5.08% |
| Symbol | Planet |
Is Machinery 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 Planet Image. If investors know Planet 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 Planet Image listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Planet Image Interna is measured differently than its book value, which is the value of Planet that is recorded on the company's balance sheet. Investors also form their own opinion of Planet Image's value that differs from its market value or its book value, called intrinsic value, which is Planet Image'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 Planet Image's market value can be influenced by many factors that don't directly affect Planet Image'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 Planet Image's value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Image is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Image'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.
Planet Image '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 Planet Image'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 Planet Image.
| 02/03/2025 |
| 05/04/2025 |
If you would invest 0.00 in Planet Image on February 3, 2025 and sell it all today you would earn a total of 0.00 from holding Planet Image International or generate 0.0% return on investment in Planet Image over 90 days. Planet Image is related to or competes with Dave Busters, Gladstone Investment, Stepstone, National CineMedia, GMO Internet, FS KKR, and Ameriprise Financial. More
Planet Image 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 Planet Image'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 Planet Image International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 25.69 | |||
| Value At Risk | (11.17) | |||
| Potential Upside | 6.47 |
Planet Image Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Planet Image's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Planet Image's standard deviation. In reality, there are many statistical measures that can use Planet Image historical prices to predict the future Planet Image's volatility.| Risk Adjusted Performance | (0.39) | |||
| Jensen Alpha | (1.31) | |||
| Total Risk Alpha | (0.92) | |||
| Treynor Ratio | 138.79 |
Planet Image Interna Backtested Returns
Planet Image Interna maintains Sharpe Ratio (i.e., Efficiency) of -0.24, which implies the firm had a -0.24 % return per unit of risk over the last 3 months. Planet Image Interna exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Planet Image's Variance of 29.55, coefficient of variation of (419.89), and Risk Adjusted Performance of (0.39) to confirm the risk estimate we provide. The company holds a Beta of -0.0094, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Planet Image are expected to decrease at a much lower rate. During the bear market, Planet Image is likely to outperform the market. At this point, Planet Image Interna has a negative expected return of -1.29%. Please make sure to check Planet Image's maximum drawdown, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Planet Image Interna performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.53 |
Modest predictability
Planet Image International has modest predictability. Overlapping area represents the amount of predictability between Planet Image time series from 3rd of February 2025 to 20th of March 2025 and 20th of March 2025 to 4th of May 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Planet Image Interna price movement. The serial correlation of 0.53 indicates that about 53.0% of current Planet Image price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Planet Image Interna lagged returns against current returns
Autocorrelation, which is Planet Image 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 Planet Image's stock expected returns. We can calculate the autocorrelation of Planet Image returns to help us make a trade decision. For example, suppose you find that Planet Image 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 |
Planet Image 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 Planet Image stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Planet Image stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Planet Image stock over time.
Current vs Lagged Prices |
| Timeline |
Planet Image Lagged Returns
When evaluating Planet Image's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Planet Image stock have on its future price. Planet Image 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, Planet Image autocorrelation shows the relationship between Planet Image stock current value and its past values and can show if there is a momentum factor associated with investing in Planet Image International.
Regressed Prices |
| Timeline |
Pair Trading with Planet Image
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 Planet Image 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 Planet Image will appreciate offsetting losses from the drop in the long position's value.Moving together with Planet Stock
| 0.84 | EBON | Ebang International | PairCorr |
| 0.95 | CAN | Canaan Inc | PairCorr |
| 0.92 | DDD | 3D Systems | PairCorr |
| 0.93 | OSS | One Stop Systems Earnings Call This Week | PairCorr |
| 0.71 | STX | Seagate Technology PLC | PairCorr |
Moving against Planet Stock
The ability to find closely correlated positions to Planet Image could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Planet Image 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 Planet Image - 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 Planet Image International to buy it.
The correlation of Planet Image 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 Planet Image moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Planet Image Interna 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 Planet Image 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.Check out Planet Image Correlation, Planet Image Volatility and Planet Image Alpha and Beta module to complement your research on Planet Image. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Planet Image 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.