PANNERGY PLC (Hungary) Market Value
| PERGY Stock | 1,625 15.00 0.91% |
| Symbol | PANNERGY |
PANNERGY PLC '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 PANNERGY PLC'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 PANNERGY PLC.
| 09/06/2024 |
| 03/05/2025 |
If you would invest 0.00 in PANNERGY PLC on September 6, 2024 and sell it all today you would earn a total of 0.00 from holding PANNERGY PLC or generate 0.0% return on investment in PANNERGY PLC over 180 days.
PANNERGY PLC 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 PANNERGY PLC'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 PANNERGY PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9393 | |||
| Information Ratio | 0.1285 | |||
| Maximum Drawdown | 7.85 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 1.84 |
PANNERGY PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PANNERGY PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PANNERGY PLC's standard deviation. In reality, there are many statistical measures that can use PANNERGY PLC historical prices to predict the future PANNERGY PLC's volatility.| Risk Adjusted Performance | 0.0528 | |||
| Jensen Alpha | 0.0843 | |||
| Total Risk Alpha | 0.2065 | |||
| Sortino Ratio | 0.1658 | |||
| Treynor Ratio | 0.3548 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PANNERGY PLC's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
PANNERGY PLC Backtested Returns
At this point, PANNERGY PLC is very steady. PANNERGY PLC maintains Sharpe Ratio (i.e., Efficiency) of 0.064, which implies the company had a 0.064 % return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for PANNERGY PLC, which you can use to evaluate the volatility of the entity. Please check PANNERGY PLC's market risk adjusted performance of 0.3648, and Coefficient Of Variation of 1562.89 to confirm if the risk estimate we provide is consistent with the expected return of 0.0775%. PANNERGY PLC has a performance score of 5 on a scale of 0 to 100. The firm holds a Beta of 0.19, which implies not very significant fluctuations relative to the market. As returns on the market increase, PANNERGY PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding PANNERGY PLC is expected to be smaller as well. PANNERGY PLC now holds a risk of 1.21%. Please check PANNERGY PLC value at risk, as well as the relationship between the kurtosis and market facilitation index , to decide if PANNERGY PLC will be following its historical price patterns.
Auto-correlation | 0.68 |
Good predictability
PANNERGY PLC has good predictability. Overlapping area represents the amount of predictability between PANNERGY PLC time series from 6th of September 2024 to 5th of December 2024 and 5th of December 2024 to 5th of March 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 PANNERGY PLC price movement. The serial correlation of 0.68 indicates that around 68.0% of current PANNERGY PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 1171.55 |
PANNERGY PLC lagged returns against current returns
Autocorrelation, which is PANNERGY PLC 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 PANNERGY PLC's stock expected returns. We can calculate the autocorrelation of PANNERGY PLC returns to help us make a trade decision. For example, suppose you find that PANNERGY PLC 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 |
PANNERGY PLC 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 PANNERGY PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PANNERGY PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PANNERGY PLC stock over time.
Current vs Lagged Prices |
| Timeline |
PANNERGY PLC Lagged Returns
When evaluating PANNERGY PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PANNERGY PLC stock have on its future price. PANNERGY PLC 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, PANNERGY PLC autocorrelation shows the relationship between PANNERGY PLC stock current value and its past values and can show if there is a momentum factor associated with investing in PANNERGY PLC.
Regressed Prices |
| Timeline |