Pembina Pipeline (Germany) Market Value
| P5P Stock | EUR 40.86 0.66 1.59% |
| Symbol | Pembina |
Pembina Pipeline '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 Pembina Pipeline'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 Pembina Pipeline.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Pembina Pipeline on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Pembina Pipeline Corp or generate 0.0% return on investment in Pembina Pipeline over 510 days. Pembina Pipeline is related to or competes with Kinder Morgan, Williams Companies, and ONEOK. Pembina Pipeline Corporation provides transportation and midstream services for the energy industry in North America More
Pembina Pipeline 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 Pembina Pipeline'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 Pembina Pipeline Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.2 | |||
| Information Ratio | 0.1005 | |||
| Maximum Drawdown | 6.02 | |||
| Value At Risk | (1.59) | |||
| Potential Upside | 2.24 |
Pembina Pipeline Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pembina Pipeline's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pembina Pipeline's standard deviation. In reality, there are many statistical measures that can use Pembina Pipeline historical prices to predict the future Pembina Pipeline's volatility.| Risk Adjusted Performance | 0.1636 | |||
| Jensen Alpha | 0.2004 | |||
| Total Risk Alpha | 0.054 | |||
| Sortino Ratio | 0.0986 | |||
| Treynor Ratio | 0.7626 |
Pembina Pipeline Corp Backtested Returns
Pembina Pipeline appears to be very steady, given 3 months investment horizon. Pembina Pipeline Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.21, which implies the firm had a 0.21% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Pembina Pipeline Corp, which you can use to evaluate the volatility of the company. Please evaluate Pembina Pipeline's Coefficient Of Variation of 477.5, risk adjusted performance of 0.1636, and Semi Deviation of 0.9071 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pembina Pipeline holds a performance score of 16. The company holds a Beta of 0.31, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pembina Pipeline's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pembina Pipeline is expected to be smaller as well. Please check Pembina Pipeline's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Pembina Pipeline's historical price patterns will revert.
Auto-correlation | 0.94 |
Excellent predictability
Pembina Pipeline Corp has excellent predictability. Overlapping area represents the amount of predictability between Pembina Pipeline time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Pembina Pipeline Corp price movement. The serial correlation of 0.94 indicates that approximately 94.0% of current Pembina Pipeline price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.94 | |
| Spearman Rank Test | 0.93 | |
| Residual Average | 0.0 | |
| Price Variance | 7.72 |
Pembina Pipeline Corp lagged returns against current returns
Autocorrelation, which is Pembina Pipeline 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 Pembina Pipeline's stock expected returns. We can calculate the autocorrelation of Pembina Pipeline returns to help us make a trade decision. For example, suppose you find that Pembina Pipeline 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 |
Pembina Pipeline 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 Pembina Pipeline stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pembina Pipeline stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pembina Pipeline stock over time.
Current vs Lagged Prices |
| Timeline |
Pembina Pipeline Lagged Returns
When evaluating Pembina Pipeline's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pembina Pipeline stock have on its future price. Pembina Pipeline 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, Pembina Pipeline autocorrelation shows the relationship between Pembina Pipeline stock current value and its past values and can show if there is a momentum factor associated with investing in Pembina Pipeline Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Pembina Stock
When determining whether Pembina Pipeline Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pembina Pipeline'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 Pembina Pipeline Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pembina Pipeline Corp Stock:Check out Pembina Pipeline Correlation, Pembina Pipeline Volatility and Pembina Pipeline Alpha and Beta module to complement your research on Pembina Pipeline. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Pembina Pipeline 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.