Peninsula Energy (Australia) Market Value
| PEN Stock | 1.06 0.08 7.02% |
| Symbol | Peninsula |
Peninsula Energy '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 Peninsula Energy'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 Peninsula Energy.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Peninsula Energy on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Peninsula Energy or generate 0.0% return on investment in Peninsula Energy over 540 days. Peninsula Energy is related to or competes with Westpac Banking, IShares Global, Ridley, Adriatic Metals, and Australian Agricultural. Peninsula Energy is entity of Australia. It is traded as Stock on AU exchange. More
Peninsula Energy 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 Peninsula Energy'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 Peninsula Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 33.6 | |||
| Value At Risk | (7.02) | |||
| Potential Upside | 5.88 |
Peninsula Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Peninsula Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Peninsula Energy's standard deviation. In reality, there are many statistical measures that can use Peninsula Energy historical prices to predict the future Peninsula Energy's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.71) | |||
| Total Risk Alpha | (1.37) | |||
| Treynor Ratio | (1.27) |
Peninsula Energy Backtested Returns
Peninsula Energy maintains Sharpe Ratio (i.e., Efficiency) of -0.1, which implies the firm had a -0.1% return per unit of risk over the last 3 months. Peninsula Energy exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Peninsula Energy's Variance of 22.27, risk adjusted performance of (0.1), and Coefficient Of Variation of (731.59) to confirm the risk estimate we provide. The company holds a Beta of 0.52, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Peninsula Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Peninsula Energy is expected to be smaller as well. At this point, Peninsula Energy has a negative expected return of -0.48%. Please make sure to check Peninsula Energy's treynor ratio, skewness, and the relationship between the total risk alpha and potential upside , to decide if Peninsula Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.36 |
Below average predictability
Peninsula Energy has below average predictability. Overlapping area represents the amount of predictability between Peninsula Energy time series from 8th of June 2023 to 4th of March 2024 and 4th of March 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 Peninsula Energy price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Peninsula Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Peninsula Energy lagged returns against current returns
Autocorrelation, which is Peninsula Energy 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 Peninsula Energy's stock expected returns. We can calculate the autocorrelation of Peninsula Energy returns to help us make a trade decision. For example, suppose you find that Peninsula Energy 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 |
Peninsula Energy 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 Peninsula Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Peninsula Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Peninsula Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Peninsula Energy Lagged Returns
When evaluating Peninsula Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Peninsula Energy stock have on its future price. Peninsula Energy 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, Peninsula Energy autocorrelation shows the relationship between Peninsula Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Peninsula Energy.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Peninsula Stock Analysis
When running Peninsula Energy's price analysis, check to measure Peninsula Energy'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 Peninsula Energy is operating at the current time. Most of Peninsula Energy's value examination focuses on studying past and present price action to predict the probability of Peninsula Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Peninsula Energy's price. Additionally, you may evaluate how the addition of Peninsula Energy to your portfolios can decrease your overall portfolio volatility.