Pan American (UK) Market Value
| 0R07 Stock | 31.60 0.57 1.84% |
| Symbol | Pan |
Pan American '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 Pan American'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 Pan American.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in Pan American on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding Pan American Silver or generate 0.0% return on investment in Pan American over 30 days. Pan American is related to or competes with Toyota, SoftBank Group, OTP Bank, ONEOK, and Public Service. Pan American is entity of United Kingdom More
Pan American 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 Pan American'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 Pan American Silver upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.51 | |||
| Information Ratio | 0.0456 | |||
| Maximum Drawdown | 57.6 | |||
| Value At Risk | (4.38) | |||
| Potential Upside | 7.1 |
Pan American Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pan American's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pan American's standard deviation. In reality, there are many statistical measures that can use Pan American historical prices to predict the future Pan American's volatility.| Risk Adjusted Performance | 0.0512 | |||
| Jensen Alpha | 0.4218 | |||
| Total Risk Alpha | 0.1476 | |||
| Sortino Ratio | 0.042 | |||
| Treynor Ratio | (0.25) |
Pan American Silver Backtested Returns
Pan American Silver maintains Sharpe Ratio (i.e., Efficiency) of -0.0561, which implies the firm had a -0.0561 % return per unit of risk over the last 3 months. Pan American Silver exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pan American's Coefficient Of Variation of 1995.13, risk adjusted performance of 0.0512, and Semi Deviation of 4.77 to confirm the risk estimate we provide. The company holds a Beta of -1.54, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Pan American are expected to decrease by larger amounts. On the other hand, during market turmoil, Pan American is expected to outperform it. At this point, Pan American Silver has a negative expected return of -0.14%. Please make sure to check Pan American's coefficient of variation, jensen alpha, and the relationship between the downside deviation and information ratio , to decide if Pan American Silver performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Pan American Silver has insignificant reverse predictability. Overlapping area represents the amount of predictability between Pan American time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pan American Silver price movement. The serial correlation of -0.17 indicates that over 17.0% of current Pan American price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
Pan American Silver lagged returns against current returns
Autocorrelation, which is Pan American 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 Pan American's stock expected returns. We can calculate the autocorrelation of Pan American returns to help us make a trade decision. For example, suppose you find that Pan American 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 |
Pan American 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 Pan American stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pan American stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pan American stock over time.
Current vs Lagged Prices |
| Timeline |
Pan American Lagged Returns
When evaluating Pan American's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pan American stock have on its future price. Pan American 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, Pan American autocorrelation shows the relationship between Pan American stock current value and its past values and can show if there is a momentum factor associated with investing in Pan American Silver.
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 Pan Stock Analysis
When running Pan American's price analysis, check to measure Pan American'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 Pan American is operating at the current time. Most of Pan American's value examination focuses on studying past and present price action to predict the probability of Pan American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pan American's price. Additionally, you may evaluate how the addition of Pan American to your portfolios can decrease your overall portfolio volatility.