Pharol SGPS (UK) Market Value
| 0FQ8 Stock | 0.04 0.0004 0.95% |
| Symbol | Pharol |
Pharol SGPS '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 Pharol SGPS'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 Pharol SGPS.
| 05/05/2023 |
| 11/25/2024 |
If you would invest 0.00 in Pharol SGPS on May 5, 2023 and sell it all today you would earn a total of 0.00 from holding Pharol SGPS SA or generate 0.0% return on investment in Pharol SGPS over 570 days. Pharol SGPS is related to or competes with Air Products, Alaska Air, Porvair Plc, Eco Animal, Universal Health, Delta Air, and Amedeo Air. Pharol SGPS is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Pharol SGPS 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 Pharol SGPS'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 Pharol SGPS SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 11.01 | |||
| Value At Risk | (2.79) | |||
| Potential Upside | 1.9 |
Pharol SGPS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pharol SGPS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pharol SGPS's standard deviation. In reality, there are many statistical measures that can use Pharol SGPS historical prices to predict the future Pharol SGPS's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | 0.4678 |
Pharol SGPS SA Backtested Returns
Pharol SGPS SA maintains Sharpe Ratio (i.e., Efficiency) of -0.0521, which implies the firm had a -0.0521% return per unit of risk over the last 3 months. Pharol SGPS SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pharol SGPS's Risk Adjusted Performance of (0.05), variance of 3.18, and Coefficient Of Variation of (1,303) to confirm the risk estimate we provide. The company holds a Beta of -0.31, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Pharol SGPS are expected to decrease at a much lower rate. During the bear market, Pharol SGPS is likely to outperform the market. At this point, Pharol SGPS SA has a negative expected return of -0.092%. Please make sure to check Pharol SGPS's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Pharol SGPS SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Pharol SGPS SA has insignificant reverse predictability. Overlapping area represents the amount of predictability between Pharol SGPS time series from 5th of May 2023 to 14th of February 2024 and 14th of February 2024 to 25th of November 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 Pharol SGPS SA price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Pharol SGPS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pharol SGPS SA lagged returns against current returns
Autocorrelation, which is Pharol SGPS 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 Pharol SGPS's stock expected returns. We can calculate the autocorrelation of Pharol SGPS returns to help us make a trade decision. For example, suppose you find that Pharol SGPS 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 |
Pharol SGPS 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 Pharol SGPS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pharol SGPS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pharol SGPS stock over time.
Current vs Lagged Prices |
| Timeline |
Pharol SGPS Lagged Returns
When evaluating Pharol SGPS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pharol SGPS stock have on its future price. Pharol SGPS 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, Pharol SGPS autocorrelation shows the relationship between Pharol SGPS stock current value and its past values and can show if there is a momentum factor associated with investing in Pharol SGPS SA.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Pharol Stock Analysis
When running Pharol SGPS's price analysis, check to measure Pharol SGPS'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 Pharol SGPS is operating at the current time. Most of Pharol SGPS's value examination focuses on studying past and present price action to predict the probability of Pharol SGPS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pharol SGPS's price. Additionally, you may evaluate how the addition of Pharol SGPS to your portfolios can decrease your overall portfolio volatility.