Partner Communications' market value is the price at which a share of Partner Communications trades on a public exchange. It measures the collective expectations of Partner Communications investors about its performance. Partner Communications is trading at 5.00 as of the 3rd of December 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 5.0. With this module, you can estimate the performance of a buy and hold strategy of Partner Communications and determine expected loss or profit from investing in Partner Communications over a given investment horizon. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Symbol
Partner
Partner Communications '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 Partner Communications' pink sheet 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 Partner Communications.
0.00
11/03/2024
No Change 0.00
0.0
In 30 days
12/03/2024
0.00
If you would invest 0.00 in Partner Communications on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding Partner Communications or generate 0.0% return on investment in Partner Communications over 30 days.
Partner Communications 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 Partner Communications' pink sheet 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 Partner Communications upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Partner Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Partner Communications' standard deviation. In reality, there are many statistical measures that can use Partner Communications historical prices to predict the future Partner Communications' volatility.
Partner Communications appears to be unstable, given 3 months investment horizon. Partner Communications maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the firm had a 0.18% return per unit of risk over the last 3 months. By analyzing Partner Communications' technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please evaluate Partner Communications' Variance of 25.58, risk adjusted performance of 0.1419, and Coefficient Of Variation of 572.77 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Partner Communications holds a performance score of 14. The company holds a Beta of -0.84, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Partner Communications are expected to decrease at a much lower rate. During the bear market, Partner Communications is likely to outperform the market. Please check Partner Communications' risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to make a quick decision on whether Partner Communications' historical price patterns will revert.
Auto-correlation
0.00
No correlation between past and present
Partner Communications has no correlation between past and present. Overlapping area represents the amount of predictability between Partner Communications time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 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 Partner Communications price movement. The serial correlation of 0.0 indicates that just 0.0% of current Partner Communications price fluctuation can be explain by its past prices.
Correlation Coefficient
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Spearman Rank Test
1.0
Residual Average
0.0
Price Variance
0.0
Partner Communications lagged returns against current returns
Autocorrelation, which is Partner Communications pink sheet'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 Partner Communications' pink sheet expected returns. We can calculate the autocorrelation of Partner Communications returns to help us make a trade decision. For example, suppose you find that Partner Communications has exhibited high autocorrelation historically, and you observe that the pink sheet 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
Partner Communications 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 Partner Communications pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Partner Communications pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Partner Communications pink sheet over time.
Current vs Lagged Prices
Timeline
Partner Communications Lagged Returns
When evaluating Partner Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Partner Communications pink sheet have on its future price. Partner Communications 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, Partner Communications autocorrelation shows the relationship between Partner Communications pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Partner Communications.