Pasifik Eurasia (Turkey) Market Value
| PASEU Stock | 29.54 0.54 1.86% |
| Symbol | Pasifik |
Pasifik Eurasia '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 Pasifik Eurasia'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 Pasifik Eurasia.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in Pasifik Eurasia on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Pasifik Eurasia Lojistik or generate 0.0% return on investment in Pasifik Eurasia over 30 days.
Pasifik Eurasia 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 Pasifik Eurasia'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 Pasifik Eurasia Lojistik upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.3 | |||
| Information Ratio | 0.1683 | |||
| Maximum Drawdown | 16.02 | |||
| Value At Risk | (4.58) | |||
| Potential Upside | 6.17 |
Pasifik Eurasia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pasifik Eurasia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pasifik Eurasia's standard deviation. In reality, there are many statistical measures that can use Pasifik Eurasia historical prices to predict the future Pasifik Eurasia's volatility.| Risk Adjusted Performance | 0.154 | |||
| Jensen Alpha | 0.5108 | |||
| Total Risk Alpha | 0.4042 | |||
| Sortino Ratio | 0.2162 | |||
| Treynor Ratio | 0.8475 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pasifik Eurasia'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.
Pasifik Eurasia Lojistik Backtested Returns
Pasifik Eurasia appears to be very steady, given 3 months investment horizon. Pasifik Eurasia Lojistik maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the firm had a 0.2% return per unit of risk over the last 3 months. By analyzing Pasifik Eurasia's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please evaluate Pasifik Eurasia's Coefficient Of Variation of 545.08, risk adjusted performance of 0.154, and Semi Deviation of 1.88 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pasifik Eurasia holds a performance score of 15. The company holds a Beta of 0.63, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pasifik Eurasia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pasifik Eurasia is expected to be smaller as well. Please check Pasifik Eurasia's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Pasifik Eurasia's historical price patterns will revert.
Auto-correlation | 0.51 |
Modest predictability
Pasifik Eurasia Lojistik has modest predictability. Overlapping area represents the amount of predictability between Pasifik Eurasia time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 Pasifik Eurasia Lojistik price movement. The serial correlation of 0.51 indicates that about 51.0% of current Pasifik Eurasia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Pasifik Eurasia Lojistik lagged returns against current returns
Autocorrelation, which is Pasifik Eurasia 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 Pasifik Eurasia's stock expected returns. We can calculate the autocorrelation of Pasifik Eurasia returns to help us make a trade decision. For example, suppose you find that Pasifik Eurasia 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 |
Pasifik Eurasia 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 Pasifik Eurasia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pasifik Eurasia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pasifik Eurasia stock over time.
Current vs Lagged Prices |
| Timeline |
Pasifik Eurasia Lagged Returns
When evaluating Pasifik Eurasia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pasifik Eurasia stock have on its future price. Pasifik Eurasia 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, Pasifik Eurasia autocorrelation shows the relationship between Pasifik Eurasia stock current value and its past values and can show if there is a momentum factor associated with investing in Pasifik Eurasia Lojistik.
Regressed Prices |
| Timeline |