Pact Group (Australia) Market Value
| PGH Stock | 0.80 0.01 1.23% |
| Symbol | Pact |
Pact Group '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 Pact Group'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 Pact Group.
| 05/07/2023 |
| 11/27/2024 |
If you would invest 0.00 in Pact Group on May 7, 2023 and sell it all today you would earn a total of 0.00 from holding Pact Group Holdings or generate 0.0% return on investment in Pact Group over 570 days. Pact Group is related to or competes with Mirrabooka Investments, Nova Eye, MFF Capital, Air New, Sandon Capital, EMvision Medical, and Aristocrat Leisure. Pact Group is entity of Australia. It is traded as Stock on AU exchange. More
Pact Group 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 Pact Group'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 Pact Group Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.08 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 8.55 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 2.5 |
Pact Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pact Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pact Group's standard deviation. In reality, there are many statistical measures that can use Pact Group historical prices to predict the future Pact Group's volatility.| Risk Adjusted Performance | 0.0376 | |||
| Jensen Alpha | 0.0642 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (2.74) |
Pact Group Holdings Backtested Returns
Currently, Pact Group Holdings is dangerous. Pact Group Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.0313, which implies the firm had a 0.0313% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pact Group Holdings, which you can use to evaluate the volatility of the company. Please check Pact Group's Coefficient Of Variation of 2385.21, semi deviation of 1.47, and Risk Adjusted Performance of 0.0376 to confirm if the risk estimate we provide is consistent with the expected return of 0.0545%. Pact Group has a performance score of 2 on a scale of 0 to 100. The company holds a Beta of -0.0225, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pact Group are expected to decrease at a much lower rate. During the bear market, Pact Group is likely to outperform the market. Pact Group Holdings right now holds a risk of 1.74%. Please check Pact Group Holdings semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to decide if Pact Group Holdings will be following its historical price patterns.
Auto-correlation | 0.04 |
Virtually no predictability
Pact Group Holdings has virtually no predictability. Overlapping area represents the amount of predictability between Pact Group time series from 7th of May 2023 to 16th of February 2024 and 16th of February 2024 to 27th 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 Pact Group Holdings price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Pact Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pact Group Holdings lagged returns against current returns
Autocorrelation, which is Pact Group 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 Pact Group's stock expected returns. We can calculate the autocorrelation of Pact Group returns to help us make a trade decision. For example, suppose you find that Pact Group 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 |
Pact Group 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 Pact Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pact Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pact Group stock over time.
Current vs Lagged Prices |
| Timeline |
Pact Group Lagged Returns
When evaluating Pact Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pact Group stock have on its future price. Pact Group 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, Pact Group autocorrelation shows the relationship between Pact Group stock current value and its past values and can show if there is a momentum factor associated with investing in Pact Group Holdings.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Pact Stock Analysis
When running Pact Group's price analysis, check to measure Pact Group'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 Pact Group is operating at the current time. Most of Pact Group's value examination focuses on studying past and present price action to predict the probability of Pact Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pact Group's price. Additionally, you may evaluate how the addition of Pact Group to your portfolios can decrease your overall portfolio volatility.