Panasonic Corp Stock Market Value
| PCRFF Stock | USD 9.92 0.01 0.10% |
| Symbol | Panasonic |
Panasonic Corp '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 Panasonic Corp's pink sheet 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 Panasonic Corp.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Panasonic Corp on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Panasonic Corp or generate 0.0% return on investment in Panasonic Corp over 30 days. Panasonic Corp is related to or competes with Sony Group, LG Display, Vuzix Corp, Sonos, Sharp, Xiaomi Corp, and TCL Electronics. Panasonic Holdings Corporation, together with its subsidiaries, develops, manufactures, sells, and services various elec... More
Panasonic Corp 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 Panasonic Corp's pink sheet 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 Panasonic Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.49 | |||
| Information Ratio | 0.1076 | |||
| Maximum Drawdown | 13.49 | |||
| Value At Risk | (4.60) | |||
| Potential Upside | 4.04 |
Panasonic Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Panasonic Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Panasonic Corp's standard deviation. In reality, there are many statistical measures that can use Panasonic Corp historical prices to predict the future Panasonic Corp's volatility.| Risk Adjusted Performance | 0.1287 | |||
| Jensen Alpha | 0.4418 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1107 | |||
| Treynor Ratio | (1.05) |
Panasonic Corp Backtested Returns
Panasonic Corp appears to be somewhat reliable, given 3 months investment horizon. Panasonic Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Panasonic Corp, which you can use to evaluate the volatility of the company. Please evaluate Panasonic Corp's Risk Adjusted Performance of 0.1287, coefficient of variation of 630.25, and Semi Deviation of 2.03 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Panasonic Corp holds a performance score of 12. The company holds a Beta of -0.38, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Panasonic Corp are expected to decrease at a much lower rate. During the bear market, Panasonic Corp is likely to outperform the market. Please check Panasonic Corp's semi variance, day median price, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Panasonic Corp's historical price patterns will revert.
Auto-correlation | 0.83 |
Very good predictability
Panasonic Corp has very good predictability. Overlapping area represents the amount of predictability between Panasonic Corp time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Panasonic Corp price movement. The serial correlation of 0.83 indicates that around 83.0% of current Panasonic Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Panasonic Corp lagged returns against current returns
Autocorrelation, which is Panasonic Corp pink sheet'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 Panasonic Corp's pink sheet expected returns. We can calculate the autocorrelation of Panasonic Corp returns to help us make a trade decision. For example, suppose you find that Panasonic Corp has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Panasonic Corp 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 Panasonic Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Panasonic Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Panasonic Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Panasonic Corp Lagged Returns
When evaluating Panasonic Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Panasonic Corp pink sheet have on its future price. Panasonic Corp 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, Panasonic Corp autocorrelation shows the relationship between Panasonic Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Panasonic Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Panasonic Pink Sheet
Panasonic Corp financial ratios help investors to determine whether Panasonic Pink Sheet 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 Panasonic with respect to the benefits of owning Panasonic Corp security.