Pandora A/S (Germany) Market Value
| 3P7 Stock | EUR 170.20 1.70 1.01% |
| Symbol | Pandora |
Pandora A/S '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 A/S'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 A/S.
| 01/04/2023 |
| 12/24/2024 |
If you would invest 0.00 in Pandora A/S on January 4, 2023 and sell it all today you would earn a total of 0.00 from holding Pandora AS or generate 0.0% return on investment in Pandora A/S over 720 days. Pandora A/S is related to or competes with LVMH Moët, LVMH Mot, LVMH Mot, Herms International, CHRISTIAN DIOR, Christian Dior, and Swatch. Pandora AS designs, manufactures, and markets hand-finished and contemporary jewelry worldwide More
Pandora A/S 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 Pandora A/S'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.
| Downside Deviation | 1.89 | |||
| Information Ratio | 0.0739 | |||
| Maximum Drawdown | 9.24 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 2.92 |
Pandora A/S Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pandora A/S's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pandora A/S's standard deviation. In reality, there are many statistical measures that can use Pandora A/S historical prices to predict the future Pandora A/S's volatility.| Risk Adjusted Performance | 0.0778 | |||
| Jensen Alpha | 0.1721 | |||
| Total Risk Alpha | 0.1114 | |||
| Sortino Ratio | 0.0774 | |||
| Treynor Ratio | (1.36) |
Pandora A/S Backtested Returns
Pandora A/S appears to be very steady, given 3 months investment horizon. Pandora A/S 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. We have found twenty-nine technical indicators for Pandora A/S, which you can use to evaluate the volatility of the company. Please evaluate Pandora A/S's Coefficient Of Variation of 1102.64, risk adjusted performance of 0.0778, and Semi Deviation of 1.69 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pandora A/S holds a performance score of 8. The company holds a Beta of -0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pandora A/S are expected to decrease at a much lower rate. During the bear market, Pandora A/S is likely to outperform the market. Please check Pandora A/S's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Pandora A/S'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 A/S time series from 4th of January 2023 to 30th of December 2023 and 30th of December 2023 to 24th of December 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 Pandora A/S price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Pandora A/S price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 154.43 |
Pandora A/S lagged returns against current returns
Autocorrelation, which is Pandora A/S 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 A/S's stock expected returns. We can calculate the autocorrelation of Pandora A/S returns to help us make a trade decision. For example, suppose you find that Pandora A/S 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 A/S 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 A/S stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pandora A/S stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pandora A/S stock over time.
Current vs Lagged Prices |
| Timeline |
Pandora A/S Lagged Returns
When evaluating Pandora A/S's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pandora A/S stock have on its future price. Pandora A/S 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 A/S autocorrelation shows the relationship between Pandora A/S stock current value and its past values and can show if there is a momentum factor associated with investing in Pandora AS.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Pandora Stock
Pandora A/S 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 A/S security.