Pengana Private (Australia) Market Value
| PE1 Stock | 1.34 0.07 5.51% |
| Symbol | Pengana |
Pengana Private '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 Pengana Private'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 Pengana Private.
| 02/28/2023 |
| 02/17/2025 |
If you would invest 0.00 in Pengana Private on February 28, 2023 and sell it all today you would earn a total of 0.00 from holding Pengana Private Equity or generate 0.0% return on investment in Pengana Private over 720 days. Pengana Private is related to or competes with Ainsworth Game, Catalyst Metals, Ras Technology, Australian Strategic, and 29Metals. Pengana Private is entity of Australia. It is traded as Stock on AU exchange. More
Pengana Private 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 Pengana Private'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 Pengana Private Equity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.31 | |||
| Information Ratio | 0.0879 | |||
| Maximum Drawdown | 14.39 | |||
| Value At Risk | (4.26) | |||
| Potential Upside | 5.51 |
Pengana Private Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pengana Private's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pengana Private's standard deviation. In reality, there are many statistical measures that can use Pengana Private historical prices to predict the future Pengana Private's volatility.| Risk Adjusted Performance | 0.0726 | |||
| Jensen Alpha | 0.2466 | |||
| Total Risk Alpha | 0.2423 | |||
| Sortino Ratio | 0.1061 | |||
| Treynor Ratio | 7.64 |
Pengana Private Equity Backtested Returns
Pengana Private appears to be very risky, given 3 months investment horizon. Pengana Private Equity maintains Sharpe Ratio (i.e., Efficiency) of 0.0964, which implies the firm had a 0.0964 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Pengana Private Equity, which you can use to evaluate the volatility of the company. Please evaluate Pengana Private's Coefficient Of Variation of 1088.07, risk adjusted performance of 0.0726, and Semi Deviation of 2.0 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pengana Private holds a performance score of 7. The company holds a Beta of 0.0323, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pengana Private's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pengana Private is expected to be smaller as well. Please check Pengana Private's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Pengana Private's historical price patterns will revert.
Auto-correlation | 0.33 |
Below average predictability
Pengana Private Equity has below average predictability. Overlapping area represents the amount of predictability between Pengana Private time series from 28th of February 2023 to 23rd of February 2024 and 23rd of February 2024 to 17th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pengana Private Equity price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Pengana Private price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Pengana Private Equity lagged returns against current returns
Autocorrelation, which is Pengana Private 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 Pengana Private's stock expected returns. We can calculate the autocorrelation of Pengana Private returns to help us make a trade decision. For example, suppose you find that Pengana Private 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 |
Pengana Private 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 Pengana Private stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pengana Private stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pengana Private stock over time.
Current vs Lagged Prices |
| Timeline |
Pengana Private Lagged Returns
When evaluating Pengana Private's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pengana Private stock have on its future price. Pengana Private 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, Pengana Private autocorrelation shows the relationship between Pengana Private stock current value and its past values and can show if there is a momentum factor associated with investing in Pengana Private Equity.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Pengana Stock Analysis
When running Pengana Private's price analysis, check to measure Pengana Private's 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 Pengana Private is operating at the current time. Most of Pengana Private's value examination focuses on studying past and present price action to predict the probability of Pengana Private's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pengana Private's price. Additionally, you may evaluate how the addition of Pengana Private to your portfolios can decrease your overall portfolio volatility.