Porsche Automobile Holding Stock Market Value
| POAHY Stock | USD 3.53 0.03 0.84% |
| Symbol | Porsche |
Porsche Automobile '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 Automobile'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 Automobile.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Porsche Automobile on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Porsche Automobile Holding or generate 0.0% return on investment in Porsche Automobile over 510 days. Porsche Automobile is related to or competes with Volkswagen, Bayerische Motoren, Volkswagen, Mercedes Benz, Volkswagen, Mercedes Benz, and Stellantis. Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide More
Porsche Automobile 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 Automobile'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 Automobile Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 10.4 | |||
| Value At Risk | (3.61) | |||
| Potential Upside | 2.22 |
Porsche Automobile Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Porsche Automobile's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Porsche Automobile's standard deviation. In reality, there are many statistical measures that can use Porsche Automobile historical prices to predict the future Porsche Automobile's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | 1.68 |
Porsche Automobile Backtested Returns
Porsche Automobile maintains Sharpe Ratio (i.e., Efficiency) of -0.19, which implies the firm had a -0.19% return per unit of risk over the last 3 months. Porsche Automobile exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Porsche Automobile's Variance of 3.33, risk adjusted performance of (0.13), and Coefficient Of Variation of (547.08) to confirm the risk estimate we provide. The company holds a Beta of -0.21, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Porsche Automobile are expected to decrease at a much lower rate. During the bear market, Porsche Automobile is likely to outperform the market. At this point, Porsche Automobile has a negative expected return of -0.35%. Please make sure to check Porsche Automobile's maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Porsche Automobile performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.44 |
Average predictability
Porsche Automobile Holding has average predictability. Overlapping area represents the amount of predictability between Porsche Automobile time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Automobile price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Porsche Automobile price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Porsche Automobile lagged returns against current returns
Autocorrelation, which is Porsche Automobile 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 Automobile's pink sheet expected returns. We can calculate the autocorrelation of Porsche Automobile returns to help us make a trade decision. For example, suppose you find that Porsche Automobile 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 Automobile 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 Automobile pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Porsche Automobile 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 Automobile pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Porsche Automobile Lagged Returns
When evaluating Porsche Automobile's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Porsche Automobile pink sheet have on its future price. Porsche Automobile 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 Automobile autocorrelation shows the relationship between Porsche Automobile pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Porsche Automobile Holding.
Regressed Prices |
| Timeline |
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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.Additional Tools for Porsche Pink Sheet Analysis
When running Porsche Automobile's price analysis, check to measure Porsche Automobile'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 Porsche Automobile is operating at the current time. Most of Porsche Automobile's value examination focuses on studying past and present price action to predict the probability of Porsche Automobile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Porsche Automobile's price. Additionally, you may evaluate how the addition of Porsche Automobile to your portfolios can decrease your overall portfolio volatility.