Performance Food (Germany) Market Value
| P5F Stock | EUR 82.50 0.50 0.61% |
| Symbol | Performance |
Performance Food '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 Performance Food'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 Performance Food.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Performance Food on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Performance Food Group or generate 0.0% return on investment in Performance Food over 30 days. Performance Food is related to or competes with Sysco, Jerónimo Martins, US Foods, Metro AG, and Metro AG. Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products in the ... More
Performance Food 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 Performance Food'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 Performance Food Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.53 | |||
| Information Ratio | 0.1074 | |||
| Maximum Drawdown | 11.73 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 2.44 |
Performance Food Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Performance Food's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Performance Food's standard deviation. In reality, there are many statistical measures that can use Performance Food historical prices to predict the future Performance Food's volatility.| Risk Adjusted Performance | 0.1501 | |||
| Jensen Alpha | 0.1038 | |||
| Total Risk Alpha | 0.0275 | |||
| Sortino Ratio | 0.1183 | |||
| Treynor Ratio | 0.1925 |
Performance Food Backtested Returns
Performance Food appears to be very steady, given 3 months investment horizon. Performance Food maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the firm had a 0.2% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Performance Food, which you can use to evaluate the volatility of the company. Please evaluate Performance Food's Coefficient Of Variation of 528.45, risk adjusted performance of 0.1501, and Semi Deviation of 1.04 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Performance Food holds a performance score of 15. The company holds a Beta of 1.6, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Performance Food will likely underperform. Please check Performance Food's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether Performance Food's historical price patterns will revert.
Auto-correlation | 0.86 |
Very good predictability
Performance Food Group has very good predictability. Overlapping area represents the amount of predictability between Performance Food time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Performance Food price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Performance Food price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 4.84 |
Performance Food lagged returns against current returns
Autocorrelation, which is Performance Food 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 Performance Food's stock expected returns. We can calculate the autocorrelation of Performance Food returns to help us make a trade decision. For example, suppose you find that Performance Food 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 |
Performance Food 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 Performance Food stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Performance Food stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Performance Food stock over time.
Current vs Lagged Prices |
| Timeline |
Performance Food Lagged Returns
When evaluating Performance Food's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Performance Food stock have on its future price. Performance Food 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, Performance Food autocorrelation shows the relationship between Performance Food stock current value and its past values and can show if there is a momentum factor associated with investing in Performance Food Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Performance Stock
When determining whether Performance Food offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Performance Food's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Performance Food Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Performance Food Group Stock:Check out Performance Food Correlation, Performance Food Volatility and Performance Food Alpha and Beta module to complement your research on Performance Food. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Performance Food technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.