Panasonic (Germany) Market Value
| MATA Stock | EUR 0.09 0.01 6.25% |
| Symbol | Panasonic |
Panasonic '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'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.
| 09/05/2023 |
| 11/28/2024 |
If you would invest 0.00 in Panasonic on September 5, 2023 and sell it all today you would earn a total of 0.00 from holding Panasonic or generate 0.0% return on investment in Panasonic over 450 days. Panasonic is related to or competes with Apple, and Sony. Panasonic Corporation, together with its subsidiaries, develops, produces, sells, and services electrical and electronic... More
Panasonic 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'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 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.95 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 12.13 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 6.25 |
Panasonic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Panasonic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Panasonic's standard deviation. In reality, there are many statistical measures that can use Panasonic historical prices to predict the future Panasonic's volatility.| Risk Adjusted Performance | 0.0205 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1074 |
Panasonic Backtested Returns
At this point, Panasonic is out of control. Panasonic maintains Sharpe Ratio (i.e., Efficiency) of 0.0165, which implies the firm had a 0.0165% return per unit of risk over the last 3 months. We have found thirty technical indicators for Panasonic, which you can use to evaluate the volatility of the company. Please check Panasonic's Risk Adjusted Performance of 0.0205, semi deviation of 2.55, and Coefficient Of Variation of 5976.19 to confirm if the risk estimate we provide is consistent with the expected return of 0.0556%. Panasonic has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 0.44, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Panasonic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Panasonic is expected to be smaller as well. Panasonic right now holds a risk of 3.36%. Please check Panasonic jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Panasonic will be following its historical price patterns.
Auto-correlation | 0.19 |
Very weak predictability
Panasonic has very weak predictability. Overlapping area represents the amount of predictability between Panasonic time series from 5th of September 2023 to 17th of April 2024 and 17th of April 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 Panasonic price movement. The serial correlation of 0.19 indicates that over 19.0% of current Panasonic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Panasonic lagged returns against current returns
Autocorrelation, which is Panasonic 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's stock expected returns. We can calculate the autocorrelation of Panasonic returns to help us make a trade decision. For example, suppose you find that Panasonic 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 |
Panasonic 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Panasonic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Panasonic stock over time.
Current vs Lagged Prices |
| Timeline |
Panasonic Lagged Returns
When evaluating Panasonic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Panasonic stock have on its future price. Panasonic 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 autocorrelation shows the relationship between Panasonic stock current value and its past values and can show if there is a momentum factor associated with investing in Panasonic.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Panasonic Stock
Panasonic 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 security.