Panasonic (Germany) Price on May 16, 2024
MATA Stock | EUR 0.08 0.01 5.88% |
If you're considering investing in Panasonic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Panasonic stands at 0.08, as last reported on the 11th of December 2024, with the highest price reaching 0.09 and the lowest price hitting 0.08 during the day. Panasonic maintains Sharpe Ratio (i.e., Efficiency) of -0.0137, which implies the firm had a -0.0137% return per unit of risk over the last 3 months. Panasonic exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Panasonic's Coefficient Of Variation of (7,322), insignificant risk adjusted performance, and Variance of 10.76 to confirm the risk estimate we provide.
Panasonic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Panasonic |
Sharpe Ratio = -0.0137
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Estimated Market Risk
3.28 actual daily | 29 71% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Panasonic is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Panasonic by adding Panasonic to a well-diversified portfolio.
Panasonic Valuation on May 16, 2024
It is possible to determine the worth of Panasonic on a given historical date. On May 16, 2024 Panasonic was worth 0.085 at the beginning of the trading date compared to the closed value of 0.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Panasonic stock. Still, in general, we apply an absolute valuation method to find Panasonic's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Panasonic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Panasonic's related companies.
Open | High | Low | Close | Volume | |
0.09 | 0.09 | 0.09 | 0.09 | 551,500 | |
05/16/2024 | 0.09 | 0.09 | 0.09 | 0.09 | 17,603,200 |
0.09 | 0.09 | 0.09 | 0.09 | 232,000 |
Backtest Panasonic | | | Panasonic History | | | Panasonic Valuation | Previous | Next |
Panasonic Trading Date Momentum on May 16, 2024
On May 17 2024 Panasonic was traded for 0.09 at the closing time. The maximum traded price for the trading interval was 0.09 and the lowest daily price was 0.09 . The daily volume was recorded at 232 K. The volume of trading on 17th of May 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 5.56% . The trading delta at closing time to the closing price today is 5.56% . |
Panasonic Fundamentals Correlations and Trends
By evaluating Panasonic's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Panasonic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Panasonic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Panasonic Stock history
Panasonic investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Panasonic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Panasonic will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Panasonic stock prices may prove useful in developing a viable investing in Panasonic
Panasonic Corporation, together with its subsidiaries, develops, produces, sells, and services electrical and electronic products under the Panasonic brand name worldwide. Panasonic Corporation was founded in 1918 and is headquartered in Kadoma, Japan. Panasonic is traded on Frankfurt Stock Exchange in Germany.
Panasonic Stock Technical Analysis
Panasonic 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.
Price Boundaries
Panasonic Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Panasonic cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Panasonic December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Panasonic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Panasonic shares will generate the highest return on investment. By undertsting and applying Panasonic stock market strength indicators, traders can identify Panasonic entry and exit signals to maximize returns
Panasonic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Panasonic's price direction in advance. Along with the technical and fundamental analysis of Panasonic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Panasonic to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0) | |||
Jensen Alpha | 0.0136 | |||
Total Risk Alpha | (0.57) | |||
Treynor Ratio | 0.0918 |
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Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Panasonic Stock analysis
When running Panasonic's price analysis, check to measure Panasonic'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 Panasonic is operating at the current time. Most of Panasonic's value examination focuses on studying past and present price action to predict the probability of Panasonic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Panasonic's price. Additionally, you may evaluate how the addition of Panasonic to your portfolios can decrease your overall portfolio volatility.
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