PDG Realty (Brazil) Market Value
| PDGR3 Stock | BRL 0.26 0.01 3.70% |
| Symbol | PDG |
PDG Realty '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 PDG Realty'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 PDG Realty.
| 02/19/2024 |
| 04/19/2024 |
If you would invest 0.00 in PDG Realty on February 19, 2024 and sell it all today you would earn a total of 0.00 from holding PDG Realty SA or generate 0.0% return on investment in PDG Realty over 60 days. PDG Realty is related to or competes with Rossi Residencial, Gafisa SA, MRV Engenharia, Cyrela Brazil, and Even Construtora. Empreendimentos e Participaes operates in the real estate industry in Brazil More
PDG Realty 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 PDG Realty'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 PDG Realty SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 13.56 | |||
| Value At Risk | (5.41) | |||
| Potential Upside | 6.06 |
PDG Realty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PDG Realty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PDG Realty's standard deviation. In reality, there are many statistical measures that can use PDG Realty historical prices to predict the future PDG Realty's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.79) | |||
| Total Risk Alpha | (1.01) | |||
| Treynor Ratio | (0.64) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PDG Realty's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
PDG Realty SA Backtested Returns
PDG Realty SA maintains Sharpe Ratio (i.e., Efficiency) of -0.21, which implies the firm had a -0.21% return per unit of volatility over the last 3 months. PDG Realty SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PDG Realty's risk adjusted performance of (0.14), and Coefficient Of Variation of (429.81) to confirm the risk estimate we provide. The company holds a Beta of 1.13, which implies a somewhat significant risk relative to the market. PDG Realty returns are very sensitive to returns on the market. As the market goes up or down, PDG Realty is expected to follow. PDG Realty SA has an expected return of -0.64%. Please make sure to check PDG Realty SA treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if PDG Realty SA performance from the past will be repeated in the future.
Auto-correlation | 0.33 |
Below average predictability
PDG Realty SA has below average predictability. Overlapping area represents the amount of predictability between PDG Realty time series from 19th of February 2024 to 20th of March 2024 and 20th of March 2024 to 19th of April 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 PDG Realty SA price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current PDG Realty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PDG Realty SA lagged returns against current returns
Autocorrelation, which is PDG Realty 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 PDG Realty's stock expected returns. We can calculate the autocorrelation of PDG Realty returns to help us make a trade decision. For example, suppose you find that PDG Realty 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 |
PDG Realty 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 PDG Realty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PDG Realty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PDG Realty stock over time.
Current vs Lagged Prices |
| Timeline |
PDG Realty Lagged Returns
When evaluating PDG Realty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PDG Realty stock have on its future price. PDG Realty 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, PDG Realty autocorrelation shows the relationship between PDG Realty stock current value and its past values and can show if there is a momentum factor associated with investing in PDG Realty SA.
Regressed Prices |
| Timeline |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as PDG Realty SA using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out PDG Realty Correlation, PDG Realty Volatility and PDG Realty Alpha and Beta module to complement your research on PDG Realty. Note that the PDG Realty SA information on this page should be used as a complementary analysis to other PDG Realty's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for PDG Stock analysis
When running PDG Realty's price analysis, check to measure PDG Realty'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 PDG Realty is operating at the current time. Most of PDG Realty's value examination focuses on studying past and present price action to predict the probability of PDG Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PDG Realty's price. Additionally, you may evaluate how the addition of PDG Realty to your portfolios can decrease your overall portfolio volatility.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| CEOs Directory Screen CEOs from public companies around the world |
PDG Realty technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.