Ping An (Germany) Today
| PZX Stock | EUR 3.87 0.04 1.04% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Ping An is selling for under 3.87 as of the 23rd of April 2024; that is 1.04 percent up since the beginning of the trading day. The stock's last reported lowest price was 3.87. Ping An has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Ping An Insurance are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2023 and ending today, the 23rd of April 2024. Click here to learn more.
Moving against Ping Stock
| 0.45 | I41 | INDIKA ENERGY | PairCorr |
Follow Valuation Odds of Bankruptcy
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Ping Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ping An's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ping An or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Insurance Providers (View all Themes) |
| Business Concentration | Insurance Providers, Other, Other (View all Sectors) |
Ping An Insurance (PZX) is traded on Munich Exchange in Germany . The company currently falls under 'Mega-Cap' category with a current market capitalization of 125.8 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ping An's market, we take the total number of its shares issued and multiply it by Ping An's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Ping An Insurance operates under Other sector and is part of Other industry. The entity has 0 outstanding shares.
Ping An generates positive cash flow from operations, but has no cash available
Check Ping An Probability Of Bankruptcy
Ping Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Ping An jumping above the current price in 90 days from now is about 66.59%. The Ping An Insurance probability density function shows the probability of Ping An stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Ping An has a beta of 0.4949 indicating as returns on the market go up, Ping An average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ping An Insurance will be expected to be much smaller as well. Additionally, ping An Insurance has an alpha of 0.1033, implying that it can generate a 0.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Ping An to move above the current price in 90 days from now is about 66.59 (This Ping An Insurance probability density function shows the probability of Ping Stock to fall within a particular range of prices over 90 days) .
Ping An Insurance Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Ping An market risk premium is the additional return an investor will receive from holding Ping An long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ping An. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Ping An's alpha and beta are two of the key measurements used to evaluate Ping An's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.11 | |||
| Semi Deviation | 2.05 | |||
| Standard Deviation | 2.78 | |||
| Variance | 7.72 |
Ping Stock Against Markets
Picking the right benchmark for Ping An stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ping An stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ping An is critical whether you are bullish or bearish towards Ping An Insurance at a given time. Please also check how Ping An's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ping An without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy Ping Stock?
Before investing in Ping An, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ping An. To buy Ping An stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ping An. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Ping An stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ping An Insurance stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Ping An Insurance stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Ping An Insurance, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Ping An Insurance?
The danger of trading Ping An Insurance is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ping An is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ping An. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ping An Insurance is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ping An Insurance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Ping Stock analysis
When running Ping An's price analysis, check to measure Ping An'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 Ping An is operating at the current time. Most of Ping An's value examination focuses on studying past and present price action to predict the probability of Ping An's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ping An's price. Additionally, you may evaluate how the addition of Ping An to your portfolios can decrease your overall portfolio volatility.
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