Pharmena (Poland) Market Value
| PHR Stock | 3.80 0.50 15.15% |
| Symbol | Pharmena |
Pharmena '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 Pharmena'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 Pharmena.
| 12/21/2025 |
| 01/20/2026 |
If you would invest 0.00 in Pharmena on December 21, 2025 and sell it all today you would earn a total of 0.00 from holding Pharmena SA or generate 0.0% return on investment in Pharmena over 30 days.
Pharmena 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 Pharmena'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 Pharmena SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.51 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 30.9 | |||
| Value At Risk | (4.36) | |||
| Potential Upside | 3.36 |
Pharmena Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pharmena's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pharmena's standard deviation. In reality, there are many statistical measures that can use Pharmena historical prices to predict the future Pharmena's volatility.| Risk Adjusted Performance | 0.0115 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.61) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0237 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pharmena'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.
Pharmena SA Backtested Returns
Pharmena appears to be very risky, given 3 months investment horizon. Pharmena SA maintains Sharpe Ratio (i.e., Efficiency) of 0.0627, which implies the firm had a 0.0627 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Pharmena SA, which you can use to evaluate the volatility of the company. Please evaluate Pharmena's Coefficient Of Variation of 23682.87, semi deviation of 2.28, and Risk Adjusted Performance of 0.0115 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pharmena holds a performance score of 4. The company holds a Beta of 0.43, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pharmena's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pharmena is expected to be smaller as well. Please check Pharmena's potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to make a quick decision on whether Pharmena's historical price patterns will revert.
Auto-correlation | -0.27 |
Weak reverse predictability
Pharmena SA has weak reverse predictability. Overlapping area represents the amount of predictability between Pharmena time series from 21st of December 2025 to 5th of January 2026 and 5th of January 2026 to 20th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pharmena SA price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Pharmena price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Pharmena SA lagged returns against current returns
Autocorrelation, which is Pharmena 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 Pharmena's stock expected returns. We can calculate the autocorrelation of Pharmena returns to help us make a trade decision. For example, suppose you find that Pharmena 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 |
Pharmena 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 Pharmena stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pharmena stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pharmena stock over time.
Current vs Lagged Prices |
| Timeline |
Pharmena Lagged Returns
When evaluating Pharmena's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pharmena stock have on its future price. Pharmena 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, Pharmena autocorrelation shows the relationship between Pharmena stock current value and its past values and can show if there is a momentum factor associated with investing in Pharmena SA.
Regressed Prices |
| Timeline |
Pair Trading with Pharmena
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pharmena position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pharmena will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Pharmena could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pharmena when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pharmena - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pharmena SA to buy it.
The correlation of Pharmena is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pharmena moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pharmena SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pharmena can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Pharmena Stock Analysis
When running Pharmena's price analysis, check to measure Pharmena'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 Pharmena is operating at the current time. Most of Pharmena's value examination focuses on studying past and present price action to predict the probability of Pharmena's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pharmena's price. Additionally, you may evaluate how the addition of Pharmena to your portfolios can decrease your overall portfolio volatility.