PGE Polska (UK) Market Value
| 0MN3 Stock | 11.97 0.00 0.00% |
| Symbol | PGE |
PGE Polska '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 PGE Polska'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 PGE Polska.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in PGE Polska on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding PGE Polska Grupa or generate 0.0% return on investment in PGE Polska over 90 days. PGE Polska is related to or competes with Bank of Ireland, Austevoll Seafood, Associated British, Bell Food, Sligro Food, Erste Group, and United Airlines. PGE Polska is entity of United Kingdom. It is traded as Stock on LSE exchange. More
PGE Polska 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 PGE Polska'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 PGE Polska Grupa upside and downside potential and time the market with a certain degree of confidence.
PGE Polska Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PGE Polska's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PGE Polska's standard deviation. In reality, there are many statistical measures that can use PGE Polska historical prices to predict the future PGE Polska's volatility.PGE Polska Grupa Backtested Returns
We have found six technical indicators for PGE Polska Grupa, which you can use to evaluate the volatility of the company. Please check PGE Polska's Accumulation Distribution of 0.37, day median price of 9.78, and Day Typical Price of 10.51 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and PGE Polska are completely uncorrelated. PGE Polska Grupa now holds a risk of 0.0%. Please check PGE Polska Grupa rate of daily change, market facilitation index, as well as the relationship between the Market Facilitation Index and price action indicator , to decide if PGE Polska Grupa will be following its historical price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
PGE Polska Grupa has no correlation between past and present. Overlapping area represents the amount of predictability between PGE Polska time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st of December 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 PGE Polska Grupa price movement. The serial correlation of 0.0 indicates that just 0.0% of current PGE Polska price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PGE Polska Grupa lagged returns against current returns
Autocorrelation, which is PGE Polska 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 PGE Polska's stock expected returns. We can calculate the autocorrelation of PGE Polska returns to help us make a trade decision. For example, suppose you find that PGE Polska 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 |
PGE Polska 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 PGE Polska stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PGE Polska stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PGE Polska stock over time.
Current vs Lagged Prices |
| Timeline |
PGE Polska Lagged Returns
When evaluating PGE Polska's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PGE Polska stock have on its future price. PGE Polska 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, PGE Polska autocorrelation shows the relationship between PGE Polska stock current value and its past values and can show if there is a momentum factor associated with investing in PGE Polska Grupa.
Regressed Prices |
| Timeline |
Also Currently Popular
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 PGE Stock Analysis
When running PGE Polska's price analysis, check to measure PGE Polska'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 PGE Polska is operating at the current time. Most of PGE Polska's value examination focuses on studying past and present price action to predict the probability of PGE Polska's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PGE Polska's price. Additionally, you may evaluate how the addition of PGE Polska to your portfolios can decrease your overall portfolio volatility.