Philippine Business (Philippines) Market Value
| PBB Stock | 9.50 0.10 1.06% |
| Symbol | Philippine |
Philippine Business '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 Philippine Business' 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 Philippine Business.
| 12/23/2022 |
| 12/12/2024 |
If you would invest 0.00 in Philippine Business on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding Philippine Business Bank or generate 0.0% return on investment in Philippine Business over 720 days. Philippine Business is related to or competes with BDO Unibank, Metropolitan Bank, Security Bank, Union Bank, Philippine National, Asia United, and Philippine Savings. More
Philippine Business 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 Philippine Business' 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 Philippine Business Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.36 | |||
| Information Ratio | 0.0558 | |||
| Maximum Drawdown | 9.76 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 3.04 |
Philippine Business Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Philippine Business' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Philippine Business' standard deviation. In reality, there are many statistical measures that can use Philippine Business historical prices to predict the future Philippine Business' volatility.| Risk Adjusted Performance | 0.1005 | |||
| Jensen Alpha | 0.1732 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.039 | |||
| Treynor Ratio | 0.7112 |
Philippine Business Bank Backtested Returns
Philippine Business appears to be not too volatile, given 3 months investment horizon. Philippine Business Bank maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Philippine Business Bank, which you can use to evaluate the volatility of the company. Please evaluate Philippine Business' Semi Deviation of 1.45, risk adjusted performance of 0.1005, and Coefficient Of Variation of 761.37 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Philippine Business holds a performance score of 11. The company holds a Beta of 0.29, which implies not very significant fluctuations relative to the market. As returns on the market increase, Philippine Business' returns are expected to increase less than the market. However, during the bear market, the loss of holding Philippine Business is expected to be smaller as well. Please check Philippine Business' treynor ratio, downside variance, and the relationship between the total risk alpha and value at risk , to make a quick decision on whether Philippine Business' historical price patterns will revert.
Auto-correlation | -0.32 |
Poor reverse predictability
Philippine Business Bank has poor reverse predictability. Overlapping area represents the amount of predictability between Philippine Business time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 to 12th 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 Philippine Business Bank price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Philippine Business price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Philippine Business Bank lagged returns against current returns
Autocorrelation, which is Philippine Business 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 Philippine Business' stock expected returns. We can calculate the autocorrelation of Philippine Business returns to help us make a trade decision. For example, suppose you find that Philippine Business 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 |
Philippine Business 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 Philippine Business stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Philippine Business stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Philippine Business stock over time.
Current vs Lagged Prices |
| Timeline |
Philippine Business Lagged Returns
When evaluating Philippine Business' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Philippine Business stock have on its future price. Philippine Business 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, Philippine Business autocorrelation shows the relationship between Philippine Business stock current value and its past values and can show if there is a momentum factor associated with investing in Philippine Business Bank.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Philippine Stock
Philippine Business financial ratios help investors to determine whether Philippine 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 Philippine with respect to the benefits of owning Philippine Business security.