PLDT (Philippines) Market Value
| TEL Stock | 1,260 38.00 2.93% |
| Symbol | PLDT |
PLDT '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 PLDT'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 PLDT.
| 11/17/2024 |
| 12/17/2024 |
If you would invest 0.00 in PLDT on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding PLDT Inc or generate 0.0% return on investment in PLDT over 30 days. PLDT is related to or competes with Apex Mining, Transpacific Broadband, Converge Information, Concepcion Industrial, Philex Mining, and STI Education. More
PLDT 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 PLDT'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 PLDT Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 9.04 | |||
| Value At Risk | (2.67) | |||
| Potential Upside | 2.63 |
PLDT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PLDT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PLDT's standard deviation. In reality, there are many statistical measures that can use PLDT historical prices to predict the future PLDT's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | 1.11 |
PLDT Inc Backtested Returns
PLDT Inc maintains Sharpe Ratio (i.e., Efficiency) of -0.11, which implies the firm had a -0.11% return per unit of risk over the last 3 months. PLDT Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PLDT's Coefficient Of Variation of (811.74), mean deviation of 1.3, and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide. The company holds a Beta of -0.2, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PLDT are expected to decrease at a much lower rate. During the bear market, PLDT is likely to outperform the market. At this point, PLDT Inc has a negative expected return of -0.19%. Please make sure to check PLDT's total risk alpha, kurtosis, market facilitation index, as well as the relationship between the value at risk and rate of daily change , to decide if PLDT Inc performance from the past will be repeated in the future.
Auto-correlation | 0.25 |
Poor predictability
PLDT Inc has poor predictability. Overlapping area represents the amount of predictability between PLDT time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th 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 PLDT Inc price movement. The serial correlation of 0.25 indicates that over 25.0% of current PLDT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 963.52 |
PLDT Inc lagged returns against current returns
Autocorrelation, which is PLDT 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 PLDT's stock expected returns. We can calculate the autocorrelation of PLDT returns to help us make a trade decision. For example, suppose you find that PLDT 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 |
PLDT 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 PLDT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PLDT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PLDT stock over time.
Current vs Lagged Prices |
| Timeline |
PLDT Lagged Returns
When evaluating PLDT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PLDT stock have on its future price. PLDT 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, PLDT autocorrelation shows the relationship between PLDT stock current value and its past values and can show if there is a momentum factor associated with investing in PLDT Inc.
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 PLDT Stock
PLDT financial ratios help investors to determine whether PLDT 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 PLDT with respect to the benefits of owning PLDT security.