Panasonic Corp (UK) Market Value
| 0QYR Stock | 1,486 8.50 0.58% |
| Symbol | Panasonic |
Panasonic Corp '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 Panasonic Corp'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 Panasonic Corp.
| 11/10/2024 |
| 12/10/2024 |
If you would invest 0.00 in Panasonic Corp on November 10, 2024 and sell it all today you would earn a total of 0.00 from holding Panasonic Corp or generate 0.0% return on investment in Panasonic Corp over 30 days. Panasonic Corp is related to or competes with Cornish Metals, Capital Drilling, Metals Exploration, Endeavour Mining, Fevertree Drinks, AMG Advanced, and Zegona Communications. Panasonic Corp is entity of United Kingdom More
Panasonic Corp 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 Panasonic Corp'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 Panasonic Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.42 | |||
| Information Ratio | 0.0353 | |||
| Maximum Drawdown | 16.14 | |||
| Value At Risk | (3.34) | |||
| Potential Upside | 4.23 |
Panasonic Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Panasonic Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Panasonic Corp's standard deviation. In reality, there are many statistical measures that can use Panasonic Corp historical prices to predict the future Panasonic Corp's volatility.| Risk Adjusted Performance | 0.0695 | |||
| Jensen Alpha | 0.1925 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.0309 | |||
| Treynor Ratio | 0.6559 |
Panasonic Corp Backtested Returns
Panasonic Corp appears to be very steady, given 3 months investment horizon. Panasonic Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.26, which implies the firm had a 0.26% return per unit of risk over the last 3 months. By analyzing Panasonic Corp's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please evaluate Panasonic Corp's Risk Adjusted Performance of 0.0695, semi deviation of 2.95, and Coefficient Of Variation of 1180.96 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Panasonic Corp holds a performance score of 20. The company holds a Beta of 0.37, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Panasonic Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Panasonic Corp is expected to be smaller as well. Please check Panasonic Corp's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Panasonic Corp's historical price patterns will revert.
Auto-correlation | -0.48 |
Modest reverse predictability
Panasonic Corp has modest reverse predictability. Overlapping area represents the amount of predictability between Panasonic Corp time series from 10th of November 2024 to 25th of November 2024 and 25th of November 2024 to 10th 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 Panasonic Corp price movement. The serial correlation of -0.48 indicates that about 48.0% of current Panasonic Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 760.86 |
Panasonic Corp lagged returns against current returns
Autocorrelation, which is Panasonic Corp 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 Panasonic Corp's stock expected returns. We can calculate the autocorrelation of Panasonic Corp returns to help us make a trade decision. For example, suppose you find that Panasonic Corp 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 |
Panasonic Corp 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 Panasonic Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Panasonic Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Panasonic Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Panasonic Corp Lagged Returns
When evaluating Panasonic Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Panasonic Corp stock have on its future price. Panasonic Corp 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, Panasonic Corp autocorrelation shows the relationship between Panasonic Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Panasonic Corp.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Panasonic Stock Analysis
When running Panasonic Corp's price analysis, check to measure Panasonic Corp'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 Panasonic Corp is operating at the current time. Most of Panasonic Corp's value examination focuses on studying past and present price action to predict the probability of Panasonic Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Panasonic Corp's price. Additionally, you may evaluate how the addition of Panasonic Corp to your portfolios can decrease your overall portfolio volatility.