Pandora AS's market value is the price at which a share of Pandora AS trades on a public exchange. It measures the collective expectations of Pandora AS investors about its performance. Pandora AS is trading at 176.25 as of the 12th of January 2025. This is a 0.9 percent down since the beginning of the trading day. The stock's lowest day price was 176.25. With this module, you can estimate the performance of a buy and hold strategy of Pandora AS and determine expected loss or profit from investing in Pandora AS over a given investment horizon. Check out Pandora AS Correlation, Pandora AS Volatility and Pandora AS Alpha and Beta module to complement your research on Pandora AS.
Please note, there is a significant difference between Pandora AS's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pandora AS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pandora AS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Pandora AS '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 Pandora AS'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 Pandora AS.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Pandora AS'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 Pandora AS upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pandora AS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pandora AS's standard deviation. In reality, there are many statistical measures that can use Pandora AS historical prices to predict the future Pandora AS's volatility.
Pandora AS appears to be very steady, given 3 months investment horizon. Pandora AS 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 have found thirty technical indicators for Pandora AS, which you can use to evaluate the volatility of the company. Please evaluate Pandora AS's Risk Adjusted Performance of 0.1656, semi deviation of 1.38, and Coefficient Of Variation of 513.68 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pandora AS holds a performance score of 15. The company holds a Beta of -0.18, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pandora AS are expected to decrease at a much lower rate. During the bear market, Pandora AS is likely to outperform the market. Please check Pandora AS's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Pandora AS's historical price patterns will revert.
Auto-correlation
0.64
Good predictability
Pandora AS has good predictability. Overlapping area represents the amount of predictability between Pandora AS time series from 23rd of January 2023 to 18th of January 2024 and 18th of January 2024 to 12th 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 Pandora AS price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Pandora AS price fluctuation can be explain by its past prices.
Correlation Coefficient
0.64
Spearman Rank Test
0.47
Residual Average
0.0
Price Variance
154.74
Pandora AS lagged returns against current returns
Autocorrelation, which is Pandora AS 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 Pandora AS's stock expected returns. We can calculate the autocorrelation of Pandora AS returns to help us make a trade decision. For example, suppose you find that Pandora AS 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
Pandora AS 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 Pandora AS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pandora AS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pandora AS stock over time.
Current vs Lagged Prices
Timeline
Pandora AS Lagged Returns
When evaluating Pandora AS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pandora AS stock have on its future price. Pandora AS 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, Pandora AS autocorrelation shows the relationship between Pandora AS stock current value and its past values and can show if there is a momentum factor associated with investing in Pandora AS.
Pandora AS financial ratios help investors to determine whether Pandora Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Pandora with respect to the benefits of owning Pandora AS security.