PERSIMMON PLC (Germany) Market Value
| OHP Stock | EUR 14.26 0.23 1.59% |
| Symbol | PERSIMMON |
PERSIMMON PLC '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 PERSIMMON PLC'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 PERSIMMON PLC.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in PERSIMMON PLC on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding PERSIMMON PLC or generate 0.0% return on investment in PERSIMMON PLC over 30 days. PERSIMMON PLC is related to or competes with Caseys General, COSTCO WHOLESALE, National Retail, BJs Wholesale, Major Drilling, BORR DRILLING, and Burlington Stores. More
PERSIMMON PLC 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 PERSIMMON PLC'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 PERSIMMON PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 8.26 | |||
| Value At Risk | (4.16) | |||
| Potential Upside | 2.88 |
PERSIMMON PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PERSIMMON PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PERSIMMON PLC's standard deviation. In reality, there are many statistical measures that can use PERSIMMON PLC historical prices to predict the future PERSIMMON PLC's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | 0.4867 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PERSIMMON PLC'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.
PERSIMMON PLC Backtested Returns
PERSIMMON PLC maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the firm had a -0.14% return per unit of standard deviation over the last 3 months. PERSIMMON PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PERSIMMON PLC's Coefficient Of Variation of (1,064), risk adjusted performance of (0.05), and Market Risk Adjusted Performance of 0.4967 to confirm the risk estimate we provide. The company holds a Beta of -0.39, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning PERSIMMON PLC are expected to decrease at a much lower rate. During the bear market, PERSIMMON PLC is likely to outperform the market. PERSIMMON PLC has an expected return of -0.25%. Please make sure to check PERSIMMON PLC skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if PERSIMMON PLC performance from the past will be repeated at future time.
Auto-correlation | -0.08 |
Very weak reverse predictability
PERSIMMON PLC has very weak reverse predictability. Overlapping area represents the amount of predictability between PERSIMMON PLC time series from 20th of March 2024 to 4th of April 2024 and 4th of April 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 PERSIMMON PLC price movement. The serial correlation of -0.08 indicates that barely 8.0% of current PERSIMMON PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
PERSIMMON PLC lagged returns against current returns
Autocorrelation, which is PERSIMMON PLC 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 PERSIMMON PLC's stock expected returns. We can calculate the autocorrelation of PERSIMMON PLC returns to help us make a trade decision. For example, suppose you find that PERSIMMON PLC 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 |
PERSIMMON PLC 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 PERSIMMON PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PERSIMMON PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PERSIMMON PLC stock over time.
Current vs Lagged Prices |
| Timeline |
PERSIMMON PLC Lagged Returns
When evaluating PERSIMMON PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PERSIMMON PLC stock have on its future price. PERSIMMON PLC 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, PERSIMMON PLC autocorrelation shows the relationship between PERSIMMON PLC stock current value and its past values and can show if there is a momentum factor associated with investing in PERSIMMON PLC .
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards PERSIMMON PLC in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, PERSIMMON PLC's short interest history, or implied volatility extrapolated from PERSIMMON PLC options trading.
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Complementary Tools for PERSIMMON Stock analysis
When running PERSIMMON PLC's price analysis, check to measure PERSIMMON PLC'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 PERSIMMON PLC is operating at the current time. Most of PERSIMMON PLC's value examination focuses on studying past and present price action to predict the probability of PERSIMMON PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PERSIMMON PLC's price. Additionally, you may evaluate how the addition of PERSIMMON PLC to your portfolios can decrease your overall portfolio volatility.
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PERSIMMON PLC 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.