PDG Realty (Brazil) Market Value
| PDGR3 Stock | BRL 0.01 0.00 0.00% |
| Symbol | PDG |
PDG Realty '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 PDG Realty'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 PDG Realty.
| 05/13/2023 |
| 12/03/2024 |
If you would invest 0.00 in PDG Realty on May 13, 2023 and sell it all today you would earn a total of 0.00 from holding PDG Realty SA or generate 0.0% return on investment in PDG Realty over 570 days. PDG Realty is related to or competes with Tupy SA, Engie Brasil, Grendene, and M Dias. Empreendimentos e Participaes operates in the real estate industry in Brazil More
PDG Realty 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 PDG Realty'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 PDG Realty SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 180.0 | |||
| Value At Risk | (50.00) |
PDG Realty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PDG Realty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PDG Realty's standard deviation. In reality, there are many statistical measures that can use PDG Realty historical prices to predict the future PDG Realty's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (4.56) | |||
| Total Risk Alpha | (7.50) | |||
| Treynor Ratio | (0.48) |
PDG Realty SA Backtested Returns
PDG Realty SA maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the firm had a -0.14% return per unit of volatility over the last 3 months. PDG Realty SA exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PDG Realty's coefficient of variation of (693.20), and Risk Adjusted Performance of (0.10) to confirm the risk estimate we provide. The company holds a Beta of 7.67, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, PDG Realty will likely underperform. At this point, PDG Realty SA has a negative expected return of -3.72%. Please make sure to check PDG Realty's jensen alpha, value at risk, and the relationship between the information ratio and maximum drawdown , to decide if PDG Realty SA performance from the past will be repeated in the future.
Auto-correlation | 0.89 |
Very good predictability
PDG Realty SA has very good predictability. Overlapping area represents the amount of predictability between PDG Realty time series from 13th of May 2023 to 22nd of February 2024 and 22nd of February 2024 to 3rd 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 PDG Realty SA price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current PDG Realty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 143.28 |
PDG Realty SA lagged returns against current returns
Autocorrelation, which is PDG Realty 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 PDG Realty's stock expected returns. We can calculate the autocorrelation of PDG Realty returns to help us make a trade decision. For example, suppose you find that PDG Realty 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 |
PDG Realty 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 PDG Realty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PDG Realty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PDG Realty stock over time.
Current vs Lagged Prices |
| Timeline |
PDG Realty Lagged Returns
When evaluating PDG Realty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PDG Realty stock have on its future price. PDG Realty 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, PDG Realty autocorrelation shows the relationship between PDG Realty stock current value and its past values and can show if there is a momentum factor associated with investing in PDG Realty SA.
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.Additional Tools for PDG Stock Analysis
When running PDG Realty's price analysis, check to measure PDG Realty'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 PDG Realty is operating at the current time. Most of PDG Realty's value examination focuses on studying past and present price action to predict the probability of PDG Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PDG Realty's price. Additionally, you may evaluate how the addition of PDG Realty to your portfolios can decrease your overall portfolio volatility.