Panasonic Corp (Germany) Market Value
| MAT1 Stock | EUR 7.95 0.02 0.25% |
| Symbol | Panasonic |
Panasonic Corp '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 Panasonic Corp'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 Panasonic Corp.
| 02/29/2024 |
| 05/29/2024 |
If you would invest 0.00 in Panasonic Corp on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding Panasonic Corp or generate 0.0% return on investment in Panasonic Corp over 90 days. Panasonic Corp is related to or competes with STRAYER EDUCATION, Laureate Education, LION ONE, PRECISION DRILLING, American Public, EMBARK EDUCATION, and EEDUCATION ALBERT. Panasonic Corporation, together with its subsidiaries, develops, produces, sells, and services electrical and electronic... More
Panasonic Corp 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 Panasonic Corp'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 Panasonic Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 9.44 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 3.1 |
Panasonic Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Panasonic Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Panasonic Corp's standard deviation. In reality, there are many statistical measures that can use Panasonic Corp historical prices to predict the future Panasonic Corp's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 0.2519 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Panasonic Corp'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.
Panasonic Corp Backtested Returns
Panasonic Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.0589, which implies the firm had a -0.0589% return per unit of risk over the last 3 months. Panasonic Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Panasonic Corp's Variance of 3.65, coefficient of variation of (1,697), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The company holds a Beta of -0.49, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Panasonic Corp are expected to decrease at a much lower rate. During the bear market, Panasonic Corp is likely to outperform the market. Panasonic Corp has an expected return of -0.11%. Please make sure to check Panasonic Corp value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Panasonic Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.44 |
Average predictability
Panasonic Corp has average predictability. Overlapping area represents the amount of predictability between Panasonic Corp time series from 29th of February 2024 to 14th of April 2024 and 14th of April 2024 to 29th 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 Panasonic Corp price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Panasonic Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Panasonic Corp lagged returns against current returns
Autocorrelation, which is Panasonic Corp 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 Panasonic Corp's stock expected returns. We can calculate the autocorrelation of Panasonic Corp returns to help us make a trade decision. For example, suppose you find that Panasonic Corp 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 |
Panasonic Corp 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 Panasonic Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Panasonic Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Panasonic Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Panasonic Corp Lagged Returns
When evaluating Panasonic Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Panasonic Corp stock have on its future price. Panasonic Corp 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, Panasonic Corp autocorrelation shows the relationship between Panasonic Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Panasonic Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Panasonic Corp Correlation, Panasonic Corp Volatility and Panasonic Corp Alpha and Beta module to complement your research on Panasonic Corp. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Panasonic Stock analysis
When running Panasonic Corp's price analysis, check to measure Panasonic Corp'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 Panasonic Corp is operating at the current time. Most of Panasonic Corp's value examination focuses on studying past and present price action to predict the probability of Panasonic Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Panasonic Corp's price. Additionally, you may evaluate how the addition of Panasonic Corp to your portfolios can decrease your overall portfolio volatility.
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Panasonic Corp 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.