Papoutsanis (Greece) Market Value
| PAP Stock | EUR 2.36 0.01 0.42% |
| Symbol | Papoutsanis |
Papoutsanis '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 Papoutsanis' 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 Papoutsanis.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Papoutsanis on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Papoutsanis SA or generate 0.0% return on investment in Papoutsanis over 30 days. Papoutsanis is related to or competes with Kri Kri, Hellenic Petroleum, Aegean Airlines, Mytilineos, and Terna Energy. Papoutsanis S.A. produces and sells body, face, and hair care products in Greece and internationally More
Papoutsanis 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 Papoutsanis' 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 Papoutsanis SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 6.99 | |||
| Value At Risk | (1.70) | |||
| Potential Upside | 2.18 |
Papoutsanis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Papoutsanis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Papoutsanis' standard deviation. In reality, there are many statistical measures that can use Papoutsanis historical prices to predict the future Papoutsanis' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.11) |
Papoutsanis SA Backtested Returns
Papoutsanis SA maintains Sharpe Ratio (i.e., Efficiency) of -0.0104, which implies the firm had a -0.0104% return per unit of risk over the last 3 months. Papoutsanis SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Papoutsanis' Variance of 1.66, coefficient of variation of (7,441), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The company holds a Beta of 0.26, which implies not very significant fluctuations relative to the market. As returns on the market increase, Papoutsanis' returns are expected to increase less than the market. However, during the bear market, the loss of holding Papoutsanis is expected to be smaller as well. At this point, Papoutsanis SA has a negative expected return of -0.0127%. Please make sure to check Papoutsanis' potential upside, kurtosis, and the relationship between the maximum drawdown and skewness , to decide if Papoutsanis SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.33 |
Poor reverse predictability
Papoutsanis SA has poor reverse predictability. Overlapping area represents the amount of predictability between Papoutsanis time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Papoutsanis SA price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Papoutsanis price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Papoutsanis SA lagged returns against current returns
Autocorrelation, which is Papoutsanis 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 Papoutsanis' stock expected returns. We can calculate the autocorrelation of Papoutsanis returns to help us make a trade decision. For example, suppose you find that Papoutsanis 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 |
Papoutsanis 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 Papoutsanis stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Papoutsanis stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Papoutsanis stock over time.
Current vs Lagged Prices |
| Timeline |
Papoutsanis Lagged Returns
When evaluating Papoutsanis' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Papoutsanis stock have on its future price. Papoutsanis 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, Papoutsanis autocorrelation shows the relationship between Papoutsanis stock current value and its past values and can show if there is a momentum factor associated with investing in Papoutsanis SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Papoutsanis Stock Analysis
When running Papoutsanis' price analysis, check to measure Papoutsanis' 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 Papoutsanis is operating at the current time. Most of Papoutsanis' value examination focuses on studying past and present price action to predict the probability of Papoutsanis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Papoutsanis' price. Additionally, you may evaluate how the addition of Papoutsanis to your portfolios can decrease your overall portfolio volatility.