PVH Corp (Germany) Market Value
| PVH Stock | EUR 105.05 1.80 1.68% |
| Symbol | PVH |
PVH 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 PVH 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 PVH Corp.
| 03/20/2024 |
| 06/18/2024 |
If you would invest 0.00 in PVH Corp on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding PVH Corp or generate 0.0% return on investment in PVH Corp over 90 days. PVH Corp is related to or competes with SIVERS SEMICONDUCTORS, Norsk Hydro, Darden Restaurants, Reliance Steel, Crocs, AerCap Holdings, and Hyster Yale. The company operates through six segments Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North... More
PVH 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 PVH 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 PVH Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 27.42 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 4.0 |
PVH Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PVH Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PVH Corp's standard deviation. In reality, there are many statistical measures that can use PVH Corp historical prices to predict the future PVH Corp's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | 0.5883 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PVH 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.
PVH Corp Backtested Returns
PVH Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.0485, which implies the firm had a -0.0485% return per unit of volatility over the last 3 months. PVH Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PVH Corp's coefficient of variation of (2,461), and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The company holds a Beta of -0.26, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PVH Corp are expected to decrease at a much lower rate. During the bear market, PVH Corp is likely to outperform the market. At this point, PVH Corp has a negative expected return of -0.19%. Please make sure to check PVH Corp's jensen alpha, potential upside, rate of daily change, as well as the relationship between the treynor ratio and kurtosis , to decide if PVH Corp performance from the past will be repeated at future time.
Auto-correlation | -0.13 |
Insignificant reverse predictability
PVH Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between PVH Corp time series from 20th of March 2024 to 4th of May 2024 and 4th of May 2024 to 18th of June 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 PVH Corp price movement. The serial correlation of -0.13 indicates that less than 13.0% of current PVH Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 8.24 |
PVH Corp lagged returns against current returns
Autocorrelation, which is PVH 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 PVH Corp's stock expected returns. We can calculate the autocorrelation of PVH Corp returns to help us make a trade decision. For example, suppose you find that PVH 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 |
PVH 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 PVH Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PVH Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PVH Corp stock over time.
Current vs Lagged Prices |
| Timeline |
PVH Corp Lagged Returns
When evaluating PVH Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PVH Corp stock have on its future price. PVH 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, PVH Corp autocorrelation shows the relationship between PVH Corp stock current value and its past values and can show if there is a momentum factor associated with investing in PVH Corp.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in PVH Stock
When determining whether PVH Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PVH Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pvh Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pvh Corp Stock:Check out PVH Corp Correlation, PVH Corp Volatility and PVH Corp Alpha and Beta module to complement your research on PVH Corp. For more detail on how to invest in PVH Stock please use our How to Invest in PVH Corp guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
PVH 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.