PERSOL HOLDINGS (Germany) Market Value
| 59R Stock | EUR 1.32 0.02 1.54% |
| Symbol | PERSOL |
PERSOL HOLDINGS '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 PERSOL HOLDINGS'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 PERSOL HOLDINGS.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in PERSOL HOLDINGS on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding PERSOL HOLDINGS LTD or generate 0.0% return on investment in PERSOL HOLDINGS over 30 days. PERSOL HOLDINGS is related to or competes with Recruit Holdings, Randstad, TRINET GROUP, and TONGDAO LIEPGR. Persol Holdings Co., Ltd. provides human resource services under the PERSOL brand worldwide More
PERSOL HOLDINGS 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 PERSOL HOLDINGS'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 PERSOL HOLDINGS LTD upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 32.87 | |||
| Value At Risk | (4.08) | |||
| Potential Upside | 2.34 |
PERSOL HOLDINGS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PERSOL HOLDINGS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PERSOL HOLDINGS's standard deviation. In reality, there are many statistical measures that can use PERSOL HOLDINGS historical prices to predict the future PERSOL HOLDINGS's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.81) | |||
| Treynor Ratio | (0.48) |
PERSOL HOLDINGS LTD Backtested Returns
PERSOL HOLDINGS LTD maintains Sharpe Ratio (i.e., Efficiency) of -0.0718, which implies the firm had a -0.0718% return per unit of standard deviation over the last 3 months. PERSOL HOLDINGS LTD exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PERSOL HOLDINGS's Coefficient Of Variation of (1,499), risk adjusted performance of (0.04), and Market Risk Adjusted Performance of (0.47) to confirm the risk estimate we provide. The company holds a Beta of 0.54, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PERSOL HOLDINGS's returns are expected to increase less than the market. However, during the bear market, the loss of holding PERSOL HOLDINGS is expected to be smaller as well. At this point, PERSOL HOLDINGS LTD has a negative expected return of -0.27%. Please make sure to check PERSOL HOLDINGS's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if PERSOL HOLDINGS LTD performance from the past will be repeated at future time.
Auto-correlation | -0.2 |
Insignificant reverse predictability
PERSOL HOLDINGS LTD has insignificant reverse predictability. Overlapping area represents the amount of predictability between PERSOL HOLDINGS time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 PERSOL HOLDINGS LTD price movement. The serial correlation of -0.2 indicates that over 20.0% of current PERSOL HOLDINGS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PERSOL HOLDINGS LTD lagged returns against current returns
Autocorrelation, which is PERSOL HOLDINGS 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 PERSOL HOLDINGS's stock expected returns. We can calculate the autocorrelation of PERSOL HOLDINGS returns to help us make a trade decision. For example, suppose you find that PERSOL HOLDINGS 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 |
PERSOL HOLDINGS 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 PERSOL HOLDINGS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PERSOL HOLDINGS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PERSOL HOLDINGS stock over time.
Current vs Lagged Prices |
| Timeline |
PERSOL HOLDINGS Lagged Returns
When evaluating PERSOL HOLDINGS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PERSOL HOLDINGS stock have on its future price. PERSOL HOLDINGS 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, PERSOL HOLDINGS autocorrelation shows the relationship between PERSOL HOLDINGS stock current value and its past values and can show if there is a momentum factor associated with investing in PERSOL HOLDINGS LTD.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in PERSOL Stock
PERSOL HOLDINGS financial ratios help investors to determine whether PERSOL 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 PERSOL with respect to the benefits of owning PERSOL HOLDINGS security.