Porsche Automobil Holding Stock Market Value
| POAHF Stock | USD 52.80 0.07 0.13% |
| Symbol | Porsche |
Porsche Automobil '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 Porsche Automobil's 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 Porsche Automobil.
| 04/07/2024 |
| 05/07/2024 |
If you would invest 0.00 in Porsche Automobil on April 7, 2024 and sell it all today you would earn a total of 0.00 from holding Porsche Automobil Holding or generate 0.0% return on investment in Porsche Automobil over 30 days. Porsche Automobil is related to or competes with Toyota, Stellantis, GM, Honda, and Ford. Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide More
Porsche Automobil 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 Porsche Automobil's 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 Porsche Automobil Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.74 | |||
| Information Ratio | 0.0287 | |||
| Maximum Drawdown | 8.38 | |||
| Value At Risk | (3.26) | |||
| Potential Upside | 3.08 |
Porsche Automobil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Porsche Automobil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Porsche Automobil's standard deviation. In reality, there are many statistical measures that can use Porsche Automobil historical prices to predict the future Porsche Automobil's volatility.| Risk Adjusted Performance | 0.0501 | |||
| Jensen Alpha | 0.0969 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0303 | |||
| Treynor Ratio | 0.366 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Porsche Automobil'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.
Porsche Automobil Holding Backtested Returns
We consider Porsche Automobil very steady. Porsche Automobil Holding maintains Sharpe Ratio (i.e., Efficiency) of 0.0646, which implies the firm had a 0.0646% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Porsche Automobil Holding, which you can use to evaluate the volatility of the company. Please check Porsche Automobil's Coefficient Of Variation of 1436.46, semi deviation of 1.64, and Risk Adjusted Performance of 0.0501 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Porsche Automobil has a performance score of 5 on a scale of 0 to 100. The company holds a Beta of 0.32, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Porsche Automobil's returns are expected to increase less than the market. However, during the bear market, the loss of holding Porsche Automobil is expected to be smaller as well. Porsche Automobil Holding right now holds a risk of 1.82%. Please check Porsche Automobil Holding skewness, day typical price, and the relationship between the downside variance and daily balance of power , to decide if Porsche Automobil Holding will be following its historical price patterns.
Auto-correlation | 0.46 |
Average predictability
Porsche Automobil Holding has average predictability. Overlapping area represents the amount of predictability between Porsche Automobil time series from 7th of April 2024 to 22nd of April 2024 and 22nd of April 2024 to 7th of May 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 Porsche Automobil Holding price movement. The serial correlation of 0.46 indicates that about 46.0% of current Porsche Automobil price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 1.03 |
Porsche Automobil Holding lagged returns against current returns
Autocorrelation, which is Porsche Automobil 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 Porsche Automobil's pink sheet expected returns. We can calculate the autocorrelation of Porsche Automobil returns to help us make a trade decision. For example, suppose you find that Porsche Automobil 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 |
Porsche Automobil 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 Porsche Automobil pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Porsche Automobil pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Porsche Automobil pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Porsche Automobil Lagged Returns
When evaluating Porsche Automobil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Porsche Automobil pink sheet have on its future price. Porsche Automobil 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, Porsche Automobil autocorrelation shows the relationship between Porsche Automobil pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Porsche Automobil Holding.
Regressed Prices |
| Timeline |
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Check out Porsche Automobil Correlation, Porsche Automobil Volatility and Porsche Automobil Alpha and Beta module to complement your research on Porsche Automobil. Note that the Porsche Automobil Holding information on this page should be used as a complementary analysis to other Porsche Automobil'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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Porsche Pink Sheet analysis
When running Porsche Automobil's price analysis, check to measure Porsche Automobil'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 Porsche Automobil is operating at the current time. Most of Porsche Automobil's value examination focuses on studying past and present price action to predict the probability of Porsche Automobil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Porsche Automobil's price. Additionally, you may evaluate how the addition of Porsche Automobil to your portfolios can decrease your overall portfolio volatility.
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Porsche Automobil technical pink sheet 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, pink sheet market cycles, or different charting patterns.