PM Capital (Australia) Market Value
| PGF Stock | 2.28 0.01 0.44% |
| Symbol | PGF |
PM Capital '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 PM Capital'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 PM Capital.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in PM Capital on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding PM Capital Global or generate 0.0% return on investment in PM Capital over 90 days. PM Capital is related to or competes with WA1 Resources, Predictive Discovery, and Zip Co. PM Capital is entity of Australia. It is traded as Stock on AU exchange. More
PM Capital 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 PM Capital'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 PM Capital Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.05 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 5.29 | |||
| Value At Risk | (1.37) | |||
| Potential Upside | 1.73 |
PM Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PM Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PM Capital's standard deviation. In reality, there are many statistical measures that can use PM Capital historical prices to predict the future PM Capital's volatility.| Risk Adjusted Performance | 0.0597 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.1198 |
PM Capital Global Backtested Returns
Currently, PM Capital Global is somewhat reliable. PM Capital Global retains Efficiency (Sharpe Ratio) of 0.0828, which implies the firm had a 0.0828% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for PM Capital, which you can use to evaluate the volatility of the company. Please check PM Capital's standard deviation of 0.9618, and Market Risk Adjusted Performance of 0.1298 to confirm if the risk estimate we provide is consistent with the expected return of 0.0795%. PM Capital has a performance score of 6 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 0.52, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PM Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding PM Capital is expected to be smaller as well. PM Capital Global today owns a risk of 0.96%. Please check PM Capital Global market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if PM Capital Global will be following its current price history.
Auto-correlation | -0.39 |
Poor reverse predictability
PM Capital Global has poor reverse predictability. Overlapping area represents the amount of predictability between PM Capital time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st 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 PM Capital Global price movement. The serial correlation of -0.39 indicates that just about 39.0% of current PM Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PM Capital Global lagged returns against current returns
Autocorrelation, which is PM Capital 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 PM Capital's stock expected returns. We can calculate the autocorrelation of PM Capital returns to help us make a trade decision. For example, suppose you find that PM Capital 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 |
PM Capital 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 PM Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PM Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PM Capital stock over time.
Current vs Lagged Prices |
| Timeline |
PM Capital Lagged Returns
When evaluating PM Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PM Capital stock have on its future price. PM Capital 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, PM Capital autocorrelation shows the relationship between PM Capital stock current value and its past values and can show if there is a momentum factor associated with investing in PM Capital Global.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for PGF Stock Analysis
When running PM Capital's price analysis, check to measure PM Capital'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 PM Capital is operating at the current time. Most of PM Capital's value examination focuses on studying past and present price action to predict the probability of PM Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PM Capital's price. Additionally, you may evaluate how the addition of PM Capital to your portfolios can decrease your overall portfolio volatility.