Panion BF (Taiwan) Market Value
| 1760 Stock | TWD 89.60 0.10 0.11% |
| Symbol | Panion |
Panion BF '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 Panion BF'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 Panion BF.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Panion BF on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Panion BF Biotech or generate 0.0% return on investment in Panion BF over 510 days. Panion BF is related to or competes with OBI Pharma, and Adimmune Corp. Panion Bf Biotech Inc., a biotechnology pharmaceutical company, manufactures and sells various pharmaceutical products i... More
Panion BF 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 Panion BF'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 Panion BF Biotech upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 6.62 | |||
| Value At Risk | (1.81) | |||
| Potential Upside | 1.57 |
Panion BF Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Panion BF's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Panion BF's standard deviation. In reality, there are many statistical measures that can use Panion BF historical prices to predict the future Panion BF's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.25) |
Panion BF Biotech Backtested Returns
Panion BF Biotech maintains Sharpe Ratio (i.e., Efficiency) of -0.0483, which implies the firm had a -0.0483% return per unit of risk over the last 3 months. Panion BF Biotech exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Panion BF's Risk Adjusted Performance of (0.04), variance of 1.78, and Coefficient Of Variation of (1,857) to confirm the risk estimate we provide. The company holds a Beta of 0.33, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Panion BF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Panion BF is expected to be smaller as well. At this point, Panion BF Biotech has a negative expected return of -0.0663%. Please make sure to check Panion BF's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Panion BF Biotech performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.43 |
Average predictability
Panion BF Biotech has average predictability. Overlapping area represents the amount of predictability between Panion BF time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Panion BF Biotech price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Panion BF price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 35.63 |
Panion BF Biotech lagged returns against current returns
Autocorrelation, which is Panion BF 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 Panion BF's stock expected returns. We can calculate the autocorrelation of Panion BF returns to help us make a trade decision. For example, suppose you find that Panion BF 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 |
Panion BF 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 Panion BF stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Panion BF stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Panion BF stock over time.
Current vs Lagged Prices |
| Timeline |
Panion BF Lagged Returns
When evaluating Panion BF's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Panion BF stock have on its future price. Panion BF 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, Panion BF autocorrelation shows the relationship between Panion BF stock current value and its past values and can show if there is a momentum factor associated with investing in Panion BF Biotech.
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 Panion Stock Analysis
When running Panion BF's price analysis, check to measure Panion BF'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 Panion BF is operating at the current time. Most of Panion BF's value examination focuses on studying past and present price action to predict the probability of Panion BF's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Panion BF's price. Additionally, you may evaluate how the addition of Panion BF to your portfolios can decrease your overall portfolio volatility.