Parkson Retail (Germany) Market Value
| P5IB Stock | EUR 0.01 0.0005 5.88% |
| Symbol | Parkson |
Parkson Retail '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 Parkson Retail'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 Parkson Retail.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Parkson Retail on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Parkson Retail Group or generate 0.0% return on investment in Parkson Retail over 30 days. Parkson Retail is related to or competes with Shoprite Holdings, Superior Plus, SIVERS SEMICONDUCTORS, Talanx AG, 2G ENERGY, Identiv, and INTUITIVE SURGICAL. Parkson Retail Group Limited engages in the operation and management of a network of department stores, shopping malls, ... More
Parkson Retail 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 Parkson Retail'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 Parkson Retail Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 15.91 | |||
| Information Ratio | 0.091 | |||
| Maximum Drawdown | 129.48 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 21.05 |
Parkson Retail Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Parkson Retail's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Parkson Retail's standard deviation. In reality, there are many statistical measures that can use Parkson Retail historical prices to predict the future Parkson Retail's volatility.| Risk Adjusted Performance | 0.0854 | |||
| Jensen Alpha | 2.14 | |||
| Total Risk Alpha | (0.93) | |||
| Sortino Ratio | 0.0899 | |||
| Treynor Ratio | (0.32) |
Parkson Retail Group Backtested Returns
Parkson Retail is out of control given 3 months investment horizon. Parkson Retail Group maintains Sharpe Ratio (i.e., Efficiency) of 0.0804, which implies the firm had a 0.0804% return per unit of risk over the last 3 months. We were able to collect and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.26% are justified by taking the suggested risk. Use Parkson Retail Risk Adjusted Performance of 0.0854, semi deviation of 11.88, and Coefficient Of Variation of 1007.44 to evaluate company specific risk that cannot be diversified away. Parkson Retail holds a performance score of 6 on a scale of zero to a hundred. The company holds a Beta of -4.87, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Parkson Retail are expected to decrease by larger amounts. On the other hand, during market turmoil, Parkson Retail is expected to outperform it. Use Parkson Retail sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to analyze future returns on Parkson Retail.
Auto-correlation | 0.64 |
Good predictability
Parkson Retail Group has good predictability. Overlapping area represents the amount of predictability between Parkson Retail time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Parkson Retail Group price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Parkson Retail price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Parkson Retail Group lagged returns against current returns
Autocorrelation, which is Parkson Retail 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 Parkson Retail's stock expected returns. We can calculate the autocorrelation of Parkson Retail returns to help us make a trade decision. For example, suppose you find that Parkson Retail 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 |
Parkson Retail 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 Parkson Retail stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Parkson Retail stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Parkson Retail stock over time.
Current vs Lagged Prices |
| Timeline |
Parkson Retail Lagged Returns
When evaluating Parkson Retail's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Parkson Retail stock have on its future price. Parkson Retail 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, Parkson Retail autocorrelation shows the relationship between Parkson Retail stock current value and its past values and can show if there is a momentum factor associated with investing in Parkson Retail Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Parkson Stock
Parkson Retail financial ratios help investors to determine whether Parkson 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 Parkson with respect to the benefits of owning Parkson Retail security.