Parkson Retail (Germany) Market Value
| P5IB Stock | EUR 0.01 0 22.22% |
| 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.
| 11/06/2023 |
| 11/30/2024 |
If you would invest 0.00 in Parkson Retail on November 6, 2023 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 390 days. Parkson Retail is related to or competes with Dillards, Macys, RYOHIN UNSPADR/1, Superior Plus, NMI Holdings, Origin Agritech, and SIVERS SEMICONDUCTORS. 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 | 15.93 | |||
| Information Ratio | 0.0484 | |||
| Maximum Drawdown | 129.48 | |||
| Value At Risk | (21.43) | |||
| Potential Upside | 20.0 |
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 | 0.0532 | |||
| Jensen Alpha | 0.7331 | |||
| Total Risk Alpha | (1.75) | |||
| Sortino Ratio | 0.0481 | |||
| Treynor Ratio | 0.7103 |
Parkson Retail Group Backtested Returns
Parkson Retail appears to be out of control, given 3 months investment horizon. Parkson Retail Group maintains Sharpe Ratio (i.e., Efficiency) of 0.0515, which implies the firm had a 0.0515% return per unit of risk over the last 3 months. By analyzing Parkson Retail's technical indicators, you can evaluate if the expected return of 0.82% is justified by implied risk. Please evaluate Parkson Retail's Risk Adjusted Performance of 0.0532, coefficient of variation of 1750.39, and Semi Deviation of 12.46 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Parkson Retail holds a performance score of 4. The company holds a Beta of 1.26, 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, Parkson Retail will likely underperform. Please check Parkson Retail'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 Parkson Retail's historical price patterns will revert.
Auto-correlation | 0.14 |
Insignificant predictability
Parkson Retail Group has insignificant predictability. Overlapping area represents the amount of predictability between Parkson Retail time series from 6th of November 2023 to 19th of May 2024 and 19th of May 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 Parkson Retail Group price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Parkson Retail price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.2 | |
| 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.