Pentair PLC (UK) Market Value
| 0Y5X Stock | 97.35 0.41 0.42% |
| Symbol | Pentair |
Pentair PLC '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 Pentair PLC'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 Pentair PLC.
| 01/17/2025 |
| 02/16/2025 |
If you would invest 0.00 in Pentair PLC on January 17, 2025 and sell it all today you would earn a total of 0.00 from holding Pentair PLC or generate 0.0% return on investment in Pentair PLC over 30 days. Pentair PLC is related to or competes with Atalaya Mining, Anglo Asian, Griffin Mining, Resolute Mining, Polar Capital, Sunny Optical, and Check Point. Pentair PLC is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Pentair PLC 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 Pentair PLC'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 Pentair PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 6.31 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 1.78 |
Pentair PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pentair PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pentair PLC's standard deviation. In reality, there are many statistical measures that can use Pentair PLC historical prices to predict the future Pentair PLC's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.33) |
Pentair PLC Backtested Returns
Pentair PLC maintains Sharpe Ratio (i.e., Efficiency) of -0.11, which implies the firm had a -0.11 % return per unit of risk over the last 3 months. Pentair PLC exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pentair PLC's Variance of 1.43, coefficient of variation of (1,668), and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The company holds a Beta of 0.25, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pentair PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pentair PLC is expected to be smaller as well. At this point, Pentair PLC has a negative expected return of -0.12%. Please make sure to check Pentair PLC's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Pentair PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.28 |
Poor predictability
Pentair PLC has poor predictability. Overlapping area represents the amount of predictability between Pentair PLC time series from 17th of January 2025 to 1st of February 2025 and 1st of February 2025 to 16th of February 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 Pentair PLC price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Pentair PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 2.49 |
Pentair PLC lagged returns against current returns
Autocorrelation, which is Pentair PLC 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 Pentair PLC's stock expected returns. We can calculate the autocorrelation of Pentair PLC returns to help us make a trade decision. For example, suppose you find that Pentair PLC 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 |
Pentair PLC 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 Pentair PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pentair PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pentair PLC stock over time.
Current vs Lagged Prices |
| Timeline |
Pentair PLC Lagged Returns
When evaluating Pentair PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pentair PLC stock have on its future price. Pentair PLC 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, Pentair PLC autocorrelation shows the relationship between Pentair PLC stock current value and its past values and can show if there is a momentum factor associated with investing in Pentair PLC.
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 Pentair Stock Analysis
When running Pentair PLC's price analysis, check to measure Pentair PLC'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 Pentair PLC is operating at the current time. Most of Pentair PLC's value examination focuses on studying past and present price action to predict the probability of Pentair PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pentair PLC's price. Additionally, you may evaluate how the addition of Pentair PLC to your portfolios can decrease your overall portfolio volatility.