Peloton Interactive (Germany) Market Value
| 2ON Stock | EUR 9.15 1.16 14.52% |
| Symbol | Peloton |
Peloton Interactive '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 Peloton Interactive'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 Peloton Interactive.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Peloton Interactive on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Peloton Interactive or generate 0.0% return on investment in Peloton Interactive over 30 days. Peloton Interactive is related to or competes with National Beverage, DXC Technology, Micron Technology, Tsingtao Brewery, Firan Technology, ScanSource, and United Breweries. Peloton Interactive, Inc. provides interactive fitness products in North America and internationally More
Peloton Interactive 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 Peloton Interactive'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 Peloton Interactive upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.39 | |||
| Information Ratio | 0.1878 | |||
| Maximum Drawdown | 36.32 | |||
| Value At Risk | (6.44) | |||
| Potential Upside | 12.41 |
Peloton Interactive Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Peloton Interactive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Peloton Interactive's standard deviation. In reality, there are many statistical measures that can use Peloton Interactive historical prices to predict the future Peloton Interactive's volatility.| Risk Adjusted Performance | 0.1687 | |||
| Total Risk Alpha | 0.3127 | |||
| Sortino Ratio | 0.2706 |
Peloton Interactive Backtested Returns
Peloton Interactive is relatively risky given 3 months investment horizon. Peloton Interactive maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the firm had a 0.19% return per unit of risk over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.22% are justified by taking the suggested risk. Use Peloton Interactive Downside Deviation of 4.39, risk adjusted performance of 0.1687, and Standard Deviation of 6.32 to evaluate company specific risk that cannot be diversified away. Peloton Interactive holds a performance score of 15 on a scale of zero to a hundred. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Peloton Interactive are completely uncorrelated. Use Peloton Interactive standard deviation, sortino ratio, and the relationship between the coefficient of variation and total risk alpha , to analyze future returns on Peloton Interactive.
Auto-correlation | 0.35 |
Below average predictability
Peloton Interactive has below average predictability. Overlapping area represents the amount of predictability between Peloton Interactive time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Peloton Interactive price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Peloton Interactive price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
Peloton Interactive lagged returns against current returns
Autocorrelation, which is Peloton Interactive 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 Peloton Interactive's stock expected returns. We can calculate the autocorrelation of Peloton Interactive returns to help us make a trade decision. For example, suppose you find that Peloton Interactive 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 |
Peloton Interactive 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 Peloton Interactive stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Peloton Interactive stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Peloton Interactive stock over time.
Current vs Lagged Prices |
| Timeline |
Peloton Interactive Lagged Returns
When evaluating Peloton Interactive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Peloton Interactive stock have on its future price. Peloton Interactive 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, Peloton Interactive autocorrelation shows the relationship between Peloton Interactive stock current value and its past values and can show if there is a momentum factor associated with investing in Peloton Interactive.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Peloton Stock
When determining whether Peloton Interactive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Peloton Interactive's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Peloton Interactive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Peloton Interactive Stock:Check out Peloton Interactive Correlation, Peloton Interactive Volatility and Peloton Interactive Alpha and Beta module to complement your research on Peloton Interactive. For more detail on how to invest in Peloton Stock please use our How to Invest in Peloton Interactive guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Peloton Interactive technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.