PNC Financial Backtesting

PNC -- USA Stock  

USD 139.28  1.22  0.87%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of PNC Financial Services Group I and determine expected loss or profit from investing in PNC Financial over given investment horizon. Additionally take a look at PNC Financial Hype Analysis, PNC Financial Correlation, PNC Financial Valuation, PNC Financial Volatility as well as analyze PNC Financial Alpha and Beta and PNC Financial Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

PNC Financial 'What if' Analysis

June 19, 2019
0.00
No Change 0.00  0.0%
In 3 months and 1 day
September 17, 2019
0.00
If you would invest  0.00  in PNC Financial on June 19, 2019 and sell it all today you would earn a total of 0.00 from holding PNC Financial Services Group I or generate 0.0% return on investment in PNC Financial over 90 days. PNC Financial is related to or competes with Stifel Financial, Western Union, Wins Finance, Raymond James, SLM Corp, and State Street. The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States

PNC Financial Upside/Downside Indicators

Downside Deviation2.05
Information Ratio0.0261
Maximum Drawdown6.64
Value At Risk(3.25)
Potential Upside1.95

PNC Financial Market Premium Indicators

Risk Adjusted Performance0.0452
Jensen Alpha0.0333
Total Risk Alpha0.0251
Sortino Ratio0.0185
Treynor Ratio0.047

PNC Financial Services Backtested Returns

We consider PNC Financial very steady. PNC Financial Services retains Efficiency (Sharpe Ratio) of 0.0721 which implies the corporation had 0.0721% of return per unit of risk over the last 3 months. Our philosophy in forecasting volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for PNC Financial which you can use to evaluate future volatility of the company. Please check PNC Financial Services Group I Market Risk Adjusted Performance of 0.057 and Semi Deviation of 1.63 to confirm if risk estimate we provide are consistent with the epected return of 0.1084%. PNC Financial has performance score of 4 on a scale of 0 to 100. The organization owns Beta (Systematic Risk) of 1.2299 which implies as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, PNC Financial will likely underperform. Although it is extremely important to respect PNC Financial Services existing price patterns, it is better to be realistic regarding the information on equity price patterns. The philosophy in forecasting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By examining PNC Financial Services technical indicators you can now evaluate if the expected return of 0.1084% will be sustainable into the future. PNC Financial Services currently owns a risk of 1.5028%. Please check PNC Financial Services Group I Treynor Ratio, and the relationship between Standard Deviation and Downside Variance to decide if PNC Financial Services Group I will be following its current price history.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.12 
correlation synergy

Insignificant predictability

PNC Financial Services Group I has insignificant predictability. Overlapping area represents the amount of predictability between PNC Financial time series from June 19, 2019 to August 3, 2019 and August 3, 2019 to September 17, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PNC Financial Services price movement. The serial correlation of 0.12 indicates that less than 12.0% of current PNC Financial price fluctuation can be explain by its past prices.
Correlation Coefficient0.12
Spearman Rank Test0.53
Residual Average0.0
Price Variance24.71

PNC Financial Services lagged returns against current returns

 Current and Lagged Values 
      Timeline 

PNC Financial regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

PNC Financial Lagged Returns

 Regressed Prices 
      Timeline 

Current Sentiment - PNC

PNC Financial Services Investor Sentiment

Greater number of Macroaxis users are at this time bullish on PNC Financial Services Group I. What is your perspective on investing in PNC Financial Services Group I? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Additionally take a look at PNC Financial Hype Analysis, PNC Financial Correlation, PNC Financial Valuation, PNC Financial Volatility as well as analyze PNC Financial Alpha and Beta and PNC Financial Performance. Please also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of macroaxis ideas.
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