Pampa Energa (Germany) Market Value
| 9PAA Stock | EUR 82.00 3.50 4.09% |
| Symbol | Pampa |
Pampa Energa '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 Pampa Energa'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 Pampa Energa.
| 09/21/2024 |
| 12/20/2024 |
If you would invest 0.00 in Pampa Energa on September 21, 2024 and sell it all today you would earn a total of 0.00 from holding Pampa Energa SA or generate 0.0% return on investment in Pampa Energa over 90 days. Pampa Energa is related to or competes with CN YANGTPWR, SIEMENS ENERGY, Siemens Energy, Vistra Corp, CENTRICA ADR, Datang International, and Contact Energy. Pampa Energa S.A., an integrated power company, engages in the generation and transmission of electricity in Argentina More
Pampa Energa 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 Pampa Energa'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 Pampa Energa SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.36 | |||
| Information Ratio | 0.2558 | |||
| Maximum Drawdown | 12.42 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 4.38 |
Pampa Energa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pampa Energa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pampa Energa's standard deviation. In reality, there are many statistical measures that can use Pampa Energa historical prices to predict the future Pampa Energa's volatility.| Risk Adjusted Performance | 0.2205 | |||
| Jensen Alpha | 0.6576 | |||
| Total Risk Alpha | 0.5956 | |||
| Sortino Ratio | 0.2737 | |||
| Treynor Ratio | 1.25 |
Pampa Energa SA Backtested Returns
Pampa Energa appears to be very steady, given 3 months investment horizon. Pampa Energa SA maintains Sharpe Ratio (i.e., Efficiency) of 0.27, which implies the firm had a 0.27% return per unit of risk over the last 3 months. By analyzing Pampa Energa's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please evaluate Pampa Energa's Risk Adjusted Performance of 0.2205, coefficient of variation of 371.69, and Semi Deviation of 1.53 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pampa Energa holds a performance score of 21. The company holds a Beta of 0.53, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pampa Energa's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pampa Energa is expected to be smaller as well. Please check Pampa Energa's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Pampa Energa's historical price patterns will revert.
Auto-correlation | 0.89 |
Very good predictability
Pampa Energa SA has very good predictability. Overlapping area represents the amount of predictability between Pampa Energa time series from 21st of September 2024 to 5th of November 2024 and 5th of November 2024 to 20th 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 Pampa Energa SA price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current Pampa Energa price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 63.05 |
Pampa Energa SA lagged returns against current returns
Autocorrelation, which is Pampa Energa 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 Pampa Energa's stock expected returns. We can calculate the autocorrelation of Pampa Energa returns to help us make a trade decision. For example, suppose you find that Pampa Energa 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 |
Pampa Energa 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 Pampa Energa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pampa Energa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pampa Energa stock over time.
Current vs Lagged Prices |
| Timeline |
Pampa Energa Lagged Returns
When evaluating Pampa Energa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pampa Energa stock have on its future price. Pampa Energa 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, Pampa Energa autocorrelation shows the relationship between Pampa Energa stock current value and its past values and can show if there is a momentum factor associated with investing in Pampa Energa SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Pampa Stock
Pampa Energa financial ratios help investors to determine whether Pampa Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pampa with respect to the benefits of owning Pampa Energa security.