Panasonic Corp (Germany) Market Value
| MAT1 Stock | EUR 9.20 0.12 1.29% |
| Symbol | Panasonic |
Panasonic Corp '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 Panasonic Corp'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 Panasonic Corp.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Panasonic Corp on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Panasonic Corp or generate 0.0% return on investment in Panasonic Corp over 30 days. Panasonic Corp is related to or competes with Arrow Electronics, Meiko Electronics, CANON MARKETING, STORE ELECTRONIC, STMicroelectronics, Richardson Electronics, and Methode Electronics. Panasonic Corporation, together with its subsidiaries, develops, produces, sells, and services electrical and electronic... More
Panasonic Corp 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 Panasonic Corp'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 Panasonic Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.66 | |||
| Information Ratio | 0.1267 | |||
| Maximum Drawdown | 14.99 | |||
| Value At Risk | (4.24) | |||
| Potential Upside | 3.98 |
Panasonic Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Panasonic Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Panasonic Corp's standard deviation. In reality, there are many statistical measures that can use Panasonic Corp historical prices to predict the future Panasonic Corp's volatility.| Risk Adjusted Performance | 0.1357 | |||
| Jensen Alpha | 0.3706 | |||
| Total Risk Alpha | 0.0897 | |||
| Sortino Ratio | 0.1242 | |||
| Treynor Ratio | 0.723 |
Panasonic Corp Backtested Returns
Panasonic Corp appears to be somewhat reliable, given 3 months investment horizon. Panasonic Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Panasonic Corp, which you can use to evaluate the volatility of the company. Please evaluate Panasonic Corp's Coefficient Of Variation of 592.85, semi deviation of 2.25, and Risk Adjusted Performance of 0.1357 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Panasonic Corp holds a performance score of 11. The company holds a Beta of 0.59, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Panasonic Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Panasonic Corp is expected to be smaller as well. Please check Panasonic Corp's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Panasonic Corp's historical price patterns will revert.
Auto-correlation | 0.68 |
Good predictability
Panasonic Corp has good predictability. Overlapping area represents the amount of predictability between Panasonic Corp time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Panasonic Corp price movement. The serial correlation of 0.68 indicates that around 68.0% of current Panasonic Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Panasonic Corp lagged returns against current returns
Autocorrelation, which is Panasonic Corp 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 Panasonic Corp's stock expected returns. We can calculate the autocorrelation of Panasonic Corp returns to help us make a trade decision. For example, suppose you find that Panasonic Corp 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 |
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Panasonic Corp 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 Panasonic Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Panasonic Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Panasonic Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Panasonic Corp Lagged Returns
When evaluating Panasonic Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Panasonic Corp stock have on its future price. Panasonic Corp 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, Panasonic Corp autocorrelation shows the relationship between Panasonic Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Panasonic Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Panasonic Stock
Panasonic Corp financial ratios help investors to determine whether Panasonic 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 Panasonic with respect to the benefits of owning Panasonic Corp security.