PPL (Germany) Market Value
| PP9 Stock | EUR 32.92 0.05 0.15% |
| Symbol | PPL |
PPL '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 PPL'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 PPL.
| 08/30/2024 |
| 11/28/2024 |
If you would invest 0.00 in PPL on August 30, 2024 and sell it all today you would earn a total of 0.00 from holding PPL Corporation or generate 0.0% return on investment in PPL over 90 days. PPL is related to or competes with Australian Agricultural, Jacquet Metal, HYDROFARM HLD, Sumitomo Mitsui, Hanison Construction, Nufarm, and Sterling Construction. PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kin... More
PPL 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 PPL'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 PPL Corporation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.06 | |||
| Information Ratio | 0.0902 | |||
| Maximum Drawdown | 5.79 | |||
| Value At Risk | (1.50) | |||
| Potential Upside | 2.51 |
PPL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PPL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PPL's standard deviation. In reality, there are many statistical measures that can use PPL historical prices to predict the future PPL's volatility.| Risk Adjusted Performance | 0.1466 | |||
| Jensen Alpha | 0.2136 | |||
| Total Risk Alpha | 0.0363 | |||
| Sortino Ratio | 0.1111 | |||
| Treynor Ratio | 1.35 |
PPL Corporation Backtested Returns
PPL appears to be very steady, given 3 months investment horizon. PPL Corporation maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the firm had a 0.19% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for PPL Corporation, which you can use to evaluate the volatility of the company. Please evaluate PPL's semi deviation of 0.8419, and Risk Adjusted Performance of 0.1466 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, PPL holds a performance score of 14. The company holds a Beta of 0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, PPL's returns are expected to increase less than the market. However, during the bear market, the loss of holding PPL is expected to be smaller as well. Please check PPL's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether PPL's historical price patterns will revert.
Auto-correlation | 0.44 |
Average predictability
PPL Corporation has average predictability. Overlapping area represents the amount of predictability between PPL time series from 30th of August 2024 to 14th of October 2024 and 14th of October 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 PPL Corporation price movement. The serial correlation of 0.44 indicates that just about 44.0% of current PPL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 1.34 |
PPL Corporation lagged returns against current returns
Autocorrelation, which is PPL 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 PPL's stock expected returns. We can calculate the autocorrelation of PPL returns to help us make a trade decision. For example, suppose you find that PPL 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 |
PPL 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 PPL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PPL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PPL stock over time.
Current vs Lagged Prices |
| Timeline |
PPL Lagged Returns
When evaluating PPL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PPL stock have on its future price. PPL 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, PPL autocorrelation shows the relationship between PPL stock current value and its past values and can show if there is a momentum factor associated with investing in PPL Corporation.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in PPL Stock
When determining whether PPL Corporation is a strong investment it is important to analyze PPL's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PPL's future performance. For an informed investment choice regarding PPL Stock, refer to the following important reports:Check out PPL Correlation, PPL Volatility and PPL Alpha and Beta module to complement your research on PPL. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
PPL technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.