Philippine National (Philippines) Market Value
| PNB Stock | 26.00 0.25 0.97% |
| Symbol | Philippine |
Philippine National '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 National'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 Philippine National.
| 10/17/2024 |
| 12/16/2024 |
If you would invest 0.00 in Philippine National on October 17, 2024 and sell it all today you would earn a total of 0.00 from holding Philippine National Bank or generate 0.0% return on investment in Philippine National over 60 days. Philippine National is related to or competes with BDO Unibank, Security Bank, Union Bank, Asia United, Philippine Savings, and East West. More
Philippine National 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 National'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 Philippine National Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.51 | |||
| Information Ratio | 0.0315 | |||
| Maximum Drawdown | 16.68 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 2.44 |
Philippine National Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Philippine National's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Philippine National's standard deviation. In reality, there are many statistical measures that can use Philippine National historical prices to predict the future Philippine National's volatility.| Risk Adjusted Performance | 0.0621 | |||
| Jensen Alpha | 0.1971 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0464 | |||
| Treynor Ratio | (0.39) |
Philippine National Bank Backtested Returns
At this point, Philippine National is not too volatile. Philippine National Bank maintains Sharpe Ratio (i.e., Efficiency) of 0.0806, which implies the firm had a 0.0806% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Philippine National Bank, which you can use to evaluate the volatility of the company. Please check Philippine National's Risk Adjusted Performance of 0.0621, semi deviation of 1.35, and Coefficient Of Variation of 1308.78 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. Philippine National has a performance score of 6 on a scale of 0 to 100. The company holds a Beta of -0.41, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Philippine National are expected to decrease at a much lower rate. During the bear market, Philippine National is likely to outperform the market. Philippine National Bank right now holds a risk of 2.26%. Please check Philippine National Bank jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to decide if Philippine National Bank will be following its historical price patterns.
Auto-correlation | 0.30 |
Below average predictability
Philippine National Bank has below average predictability. Overlapping area represents the amount of predictability between Philippine National time series from 17th of October 2024 to 16th of November 2024 and 16th of November 2024 to 16th 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 National Bank price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Philippine National price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Philippine National Bank lagged returns against current returns
Autocorrelation, which is Philippine National 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 National's stock expected returns. We can calculate the autocorrelation of Philippine National returns to help us make a trade decision. For example, suppose you find that Philippine National 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 National 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 National stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Philippine National stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Philippine National stock over time.
Current vs Lagged Prices |
| Timeline |
Philippine National Lagged Returns
When evaluating Philippine National's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Philippine National stock have on its future price. Philippine National 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 National autocorrelation shows the relationship between Philippine National stock current value and its past values and can show if there is a momentum factor associated with investing in Philippine National 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 National 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 National security.