Power Finance (India) Market Value

PFC Stock   451.20  5.30  1.16%   
Power Finance's market value is the price at which a share of Power Finance trades on a public exchange. It measures the collective expectations of Power Finance investors about its performance. Power Finance is trading at 451.20 as of the 24th of December 2024, a 1.16 percent decrease since the beginning of the trading day. The stock's lowest day price was 440.0.
With this module, you can estimate the performance of a buy and hold strategy of Power Finance and determine expected loss or profit from investing in Power Finance over a given investment horizon. Check out Power Finance Correlation, Power Finance Volatility and Power Finance Alpha and Beta module to complement your research on Power Finance.
Symbol

Please note, there is a significant difference between Power Finance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Power Finance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Power Finance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Power Finance '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 Power Finance'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 Power Finance.
0.00
11/24/2024
No Change 0.00  0.0 
In 31 days
12/24/2024
0.00
If you would invest  0.00  in Power Finance on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Power Finance or generate 0.0% return on investment in Power Finance over 30 days. Power Finance is related to or competes with Kingfa Science, Rico Auto, GACM Technologies, COSMO FIRST, Delta Manufacturing, Tribhovandas Bhimji, and Parag Milk. Power Finance is entity of India. It is traded as Stock on NSE exchange. More

Power Finance 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 Power Finance'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 Power Finance upside and downside potential and time the market with a certain degree of confidence.

Power Finance Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Power Finance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Power Finance's standard deviation. In reality, there are many statistical measures that can use Power Finance historical prices to predict the future Power Finance's volatility.
Hype
Prediction
LowEstimatedHigh
453.82456.36458.90
Details
Intrinsic
Valuation
LowRealHigh
389.14391.68502.15
Details
Earnings
Estimates (0)
LowProjected EPSHigh
12.9613.8214.74
Details

Power Finance Backtested Returns

Power Finance maintains Sharpe Ratio (i.e., Efficiency) of -0.0198, which implies the firm had a -0.0198% return per unit of risk over the last 3 months. Power Finance exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Power Finance's Coefficient Of Variation of (3,422), variance of 6.13, and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The company holds a Beta of 0.0118, which implies not very significant fluctuations relative to the market. As returns on the market increase, Power Finance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Power Finance is expected to be smaller as well. At this point, Power Finance has a negative expected return of -0.0503%. Please make sure to check Power Finance's daily balance of power, and the relationship between the kurtosis and day median price , to decide if Power Finance performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.92  

Near perfect reversele predictability

Power Finance has near perfect reversele predictability. Overlapping area represents the amount of predictability between Power Finance 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 Power Finance price movement. The serial correlation of -0.92 indicates that approximately 92.0% of current Power Finance price fluctuation can be explain by its past prices.
Correlation Coefficient-0.92
Spearman Rank Test-0.97
Residual Average0.0
Price Variance466.19

Power Finance lagged returns against current returns

Autocorrelation, which is Power Finance 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 Power Finance's stock expected returns. We can calculate the autocorrelation of Power Finance returns to help us make a trade decision. For example, suppose you find that Power Finance 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  

Power Finance 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 Power Finance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Power Finance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Power Finance stock over time.
   Current vs Lagged Prices   
       Timeline  

Power Finance Lagged Returns

When evaluating Power Finance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Power Finance stock have on its future price. Power Finance 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, Power Finance autocorrelation shows the relationship between Power Finance stock current value and its past values and can show if there is a momentum factor associated with investing in Power Finance.
   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 Power Stock

Power Finance financial ratios help investors to determine whether Power 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 Power with respect to the benefits of owning Power Finance security.