E Pairis (Greece) Market Value
| PAIR Stock | EUR 0.95 0.02 2.06% |
| Symbol | PAIR |
E Pairis '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 E Pairis' 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 E Pairis.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in E Pairis on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding E Pairis SA or generate 0.0% return on investment in E Pairis over 30 days. E Pairis is related to or competes with Profile Systems, Interlife General, Eurobank Ergasias, Intertech, Lampsa Hellenic, Performance Technologies, and Daios Plastics. Pairis S.A. produces and sells plastic products made of polyethylene, polypropylene, and terepthalic polyethylene in Gre... More
E Pairis 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 E Pairis' 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 E Pairis SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 13.34 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 4.04 |
E Pairis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for E Pairis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as E Pairis' standard deviation. In reality, there are many statistical measures that can use E Pairis historical prices to predict the future E Pairis' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | 0.5637 |
E Pairis SA Backtested Returns
E Pairis SA secures Sharpe Ratio (or Efficiency) of -0.0225, which denotes the company had a -0.0225% return per unit of risk over the last 3 months. E Pairis SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm E Pairis' Mean Deviation of 1.93, standard deviation of 2.68, and Coefficient Of Variation of (4,437) to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.12, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning E Pairis are expected to decrease at a much lower rate. During the bear market, E Pairis is likely to outperform the market. At this point, E Pairis SA has a negative expected return of -0.0605%. Please make sure to confirm E Pairis' potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if E Pairis SA performance from the past will be repeated sooner or later.
Auto-correlation | 0.19 |
Very weak predictability
E Pairis SA has very weak predictability. Overlapping area represents the amount of predictability between E Pairis time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 E Pairis SA price movement. The serial correlation of 0.19 indicates that over 19.0% of current E Pairis price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
E Pairis SA lagged returns against current returns
Autocorrelation, which is E Pairis 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 E Pairis' stock expected returns. We can calculate the autocorrelation of E Pairis returns to help us make a trade decision. For example, suppose you find that E Pairis 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 |
E Pairis 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 E Pairis stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if E Pairis stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in E Pairis stock over time.
Current vs Lagged Prices |
| Timeline |
E Pairis Lagged Returns
When evaluating E Pairis' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of E Pairis stock have on its future price. E Pairis 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, E Pairis autocorrelation shows the relationship between E Pairis stock current value and its past values and can show if there is a momentum factor associated with investing in E Pairis SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for PAIR Stock Analysis
When running E Pairis' price analysis, check to measure E Pairis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy E Pairis is operating at the current time. Most of E Pairis' value examination focuses on studying past and present price action to predict the probability of E Pairis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move E Pairis' price. Additionally, you may evaluate how the addition of E Pairis to your portfolios can decrease your overall portfolio volatility.