Polski Koncern (Germany) Market Value
| PKY1 Stock | EUR 11.13 0.01 0.09% |
| Symbol | Polski |
Polski Koncern '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 Polski Koncern'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 Polski Koncern.
| 12/29/2023 |
| 12/23/2024 |
If you would invest 0.00 in Polski Koncern on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding Polski Koncern Naftowy or generate 0.0% return on investment in Polski Koncern over 360 days. Polski Koncern is related to or competes with Reliance Industries, Marathon Petroleum, Valero Energy, NESTE OYJ, ENEOS Holdings, and PTT OIL+RETBUS-FOR-B. Polski Koncern Naftowy ORLEN Splka Akcyjna processes, refines, and markets crude oil More
Polski Koncern 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 Polski Koncern'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 Polski Koncern Naftowy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 10.77 | |||
| Value At Risk | (3.39) | |||
| Potential Upside | 4.06 |
Polski Koncern Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Polski Koncern's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Polski Koncern's standard deviation. In reality, there are many statistical measures that can use Polski Koncern historical prices to predict the future Polski Koncern's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.45) |
Polski Koncern Naftowy Backtested Returns
Polski Koncern Naftowy maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the firm had a -0.14% return per unit of risk over the last 3 months. Polski Koncern Naftowy exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Polski Koncern's Variance of 4.68, risk adjusted performance of (0.08), and Coefficient Of Variation of (889.77) to confirm the risk estimate we provide. The company holds a Beta of 0.56, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Polski Koncern's returns are expected to increase less than the market. However, during the bear market, the loss of holding Polski Koncern is expected to be smaller as well. At this point, Polski Koncern Naftowy has a negative expected return of -0.29%. Please make sure to check Polski Koncern's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Polski Koncern Naftowy performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.48 |
Average predictability
Polski Koncern Naftowy has average predictability. Overlapping area represents the amount of predictability between Polski Koncern time series from 29th of December 2023 to 26th of June 2024 and 26th of June 2024 to 23rd 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 Polski Koncern Naftowy price movement. The serial correlation of 0.48 indicates that about 48.0% of current Polski Koncern price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 1.03 |
Polski Koncern Naftowy lagged returns against current returns
Autocorrelation, which is Polski Koncern 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 Polski Koncern's stock expected returns. We can calculate the autocorrelation of Polski Koncern returns to help us make a trade decision. For example, suppose you find that Polski Koncern 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 |
Polski Koncern 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 Polski Koncern stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Polski Koncern stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Polski Koncern stock over time.
Current vs Lagged Prices |
| Timeline |
Polski Koncern Lagged Returns
When evaluating Polski Koncern's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Polski Koncern stock have on its future price. Polski Koncern 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, Polski Koncern autocorrelation shows the relationship between Polski Koncern stock current value and its past values and can show if there is a momentum factor associated with investing in Polski Koncern Naftowy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Polski Stock
Polski Koncern financial ratios help investors to determine whether Polski 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 Polski with respect to the benefits of owning Polski Koncern security.