Porsche Automobil Holding Stock Market Value
| POAHF Stock | USD 36.97 0.72 1.99% |
| Symbol | Porsche |
Porsche Automobil '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 Porsche Automobil's pink sheet 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 Porsche Automobil.
| 09/30/2023 |
| 11/23/2024 |
If you would invest 0.00 in Porsche Automobil on September 30, 2023 and sell it all today you would earn a total of 0.00 from holding Porsche Automobil Holding or generate 0.0% return on investment in Porsche Automobil over 420 days. Porsche Automobil is related to or competes with Volkswagen, Volkswagen, Ferrari NV, Bayerische Motoren, Mercedes Benz, Mercedes Benz, and Porsche Automobile. Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide More
Porsche Automobil 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 Porsche Automobil's pink sheet 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 Porsche Automobil Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 11.65 | |||
| Value At Risk | (4.16) | |||
| Potential Upside | 4.14 |
Porsche Automobil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Porsche Automobil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Porsche Automobil's standard deviation. In reality, there are many statistical measures that can use Porsche Automobil historical prices to predict the future Porsche Automobil's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | 0.5963 |
Porsche Automobil Holding Backtested Returns
Porsche Automobil Holding maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the firm had a -0.13% return per unit of risk over the last 3 months. Porsche Automobil Holding exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Porsche Automobil's Risk Adjusted Performance of (0.07), coefficient of variation of (1,058), and Variance of 6.57 to confirm the risk estimate we provide. The company holds a Beta of -0.42, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Porsche Automobil are expected to decrease at a much lower rate. During the bear market, Porsche Automobil is likely to outperform the market. At this point, Porsche Automobil Holding has a negative expected return of -0.31%. Please make sure to check Porsche Automobil's daily balance of power, and the relationship between the skewness and day typical price , to decide if Porsche Automobil Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.67 |
Very good reverse predictability
Porsche Automobil Holding has very good reverse predictability. Overlapping area represents the amount of predictability between Porsche Automobil time series from 30th of September 2023 to 27th of April 2024 and 27th of April 2024 to 23rd 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 Porsche Automobil Holding price movement. The serial correlation of -0.67 indicates that around 67.0% of current Porsche Automobil price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 21.49 |
Porsche Automobil Holding lagged returns against current returns
Autocorrelation, which is Porsche Automobil pink sheet'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 Porsche Automobil's pink sheet expected returns. We can calculate the autocorrelation of Porsche Automobil returns to help us make a trade decision. For example, suppose you find that Porsche Automobil has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Porsche Automobil 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 Porsche Automobil pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Porsche Automobil pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Porsche Automobil pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Porsche Automobil Lagged Returns
When evaluating Porsche Automobil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Porsche Automobil pink sheet have on its future price. Porsche Automobil 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, Porsche Automobil autocorrelation shows the relationship between Porsche Automobil pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Porsche Automobil Holding.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Porsche Pink Sheet
Porsche Automobil financial ratios help investors to determine whether Porsche Pink Sheet 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 Porsche with respect to the benefits of owning Porsche Automobil security.