Pacific Horizon (UK) Market Value
| PHI Stock | 566.00 1.00 0.18% |
| Symbol | Pacific |
Pacific Horizon '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 Pacific Horizon'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 Pacific Horizon.
| 09/05/2023 |
| 11/28/2024 |
If you would invest 0.00 in Pacific Horizon on September 5, 2023 and sell it all today you would earn a total of 0.00 from holding Pacific Horizon Investment or generate 0.0% return on investment in Pacific Horizon over 450 days. Pacific Horizon is related to or competes with Toyota, Lendinvest PLC, Neometals, Coor Service, Albion Technology, Jupiter Fund, and JPMorgan ETFs. Pacific Horizon is entity of United Kingdom More
Pacific Horizon 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 Pacific Horizon'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 Pacific Horizon Investment upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 5.17 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 1.4 |
Pacific Horizon Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pacific Horizon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pacific Horizon's standard deviation. In reality, there are many statistical measures that can use Pacific Horizon historical prices to predict the future Pacific Horizon's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.17) |
Pacific Horizon Inve Backtested Returns
Pacific Horizon Inve maintains Sharpe Ratio (i.e., Efficiency) of -0.0312, which implies the firm had a -0.0312% return per unit of risk over the last 3 months. Pacific Horizon Inve exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pacific Horizon's Coefficient Of Variation of (2,374), risk adjusted performance of (0.03), and Variance of 0.759 to confirm the risk estimate we provide. The company holds a Beta of 0.28, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pacific Horizon's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pacific Horizon is expected to be smaller as well. At this point, Pacific Horizon Inve has a negative expected return of -0.0273%. Please make sure to check Pacific Horizon's standard deviation, maximum drawdown, kurtosis, as well as the relationship between the total risk alpha and potential upside , to decide if Pacific Horizon Inve performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.41 |
Modest reverse predictability
Pacific Horizon Investment has modest reverse predictability. Overlapping area represents the amount of predictability between Pacific Horizon time series from 5th of September 2023 to 17th of April 2024 and 17th of April 2024 to 28th 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 Pacific Horizon Inve price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Pacific Horizon price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 813.91 |
Pacific Horizon Inve lagged returns against current returns
Autocorrelation, which is Pacific Horizon 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 Pacific Horizon's stock expected returns. We can calculate the autocorrelation of Pacific Horizon returns to help us make a trade decision. For example, suppose you find that Pacific Horizon 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 |
Pacific Horizon 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 Pacific Horizon stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pacific Horizon stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pacific Horizon stock over time.
Current vs Lagged Prices |
| Timeline |
Pacific Horizon Lagged Returns
When evaluating Pacific Horizon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pacific Horizon stock have on its future price. Pacific Horizon 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, Pacific Horizon autocorrelation shows the relationship between Pacific Horizon stock current value and its past values and can show if there is a momentum factor associated with investing in Pacific Horizon Investment.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Pacific Stock
Pacific Horizon financial ratios help investors to determine whether Pacific Stock 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 Pacific with respect to the benefits of owning Pacific Horizon security.