Macroaxis considers PERSIMMON PLC to be not too volatile. PERSIMMON PLC LS
maintains Sharpe Ratio (i.e. Efficiency) of -0.1727 which implies PERSIMMON PLC LS
had -0.1727% of return per unit of standard deviation over the last 1 month. Macroaxis approach into forecasting risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators
. PERSIMMON PLC LS exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to check PERSIMMON PLC LS Market Risk Adjusted Performance
of 3.46 and Risk Adjusted Performance of 0.20 to confirm risk estimate we provide. Macroaxis gives PERSIMMON PLC performance score of 0 on a scale of 0 to 100. The organization holds Beta of 0.0952 which implies as returns on market increase, PERSIMMON PLC returns are expected to increase less than the market. However during bear market, the loss on holding PERSIMMON PLC will be expected to be smaller as well.. Even though it is essential to pay attention to PERSIMMON PLC LS current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis approach into forecasting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. PERSIMMON PLC LS exposes twenty-one different technical indicators which can help you to evaluate its performance. PERSIMMON PLC LS has expected return of -0.2814%. Please be advised to check PERSIMMON PLC LS Maximum Drawdown, Potential Upside and the relationship between Treynor Ratio and Value At Risk to decide if PERSIMMON PLC LS past performance will be repeated at future time.
|15 days auto-correlation|| 0.51 |
PERSIMMON PLC LS 10 has modest predictability. Overlapping area represents the amount of predictability between PERSIMMON PLC time series from September 21, 2018 to October 6, 2018 and October 6, 2018 to October 21, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PERSIMMON PLC LS price movement. The serial correlation of 0.51 indicates that about 51.0% of current PERSIMMON PLC price fluctuation can be explain by its past prices.
|Spearman Rank Test||0.17|