Pembina Pipeline Stock Market Value
| PPLAF Stock | USD 18.00 0.00 0.00% |
| Symbol | Pembina |
Pembina Pipeline '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 Pembina Pipeline's otc 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 Pembina Pipeline.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in Pembina Pipeline on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding Pembina Pipeline or generate 0.0% return on investment in Pembina Pipeline over 90 days. Pembina Pipeline is related to or competes with Bill, Bt Brands, Wendys, Kura Sushi, Joint Stock, BJs Restaurants, and Biglari Holdings. Pembina Pipeline Corporation provides transportation and midstream services for the energy industry More
Pembina Pipeline 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 Pembina Pipeline's otc 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 Pembina Pipeline upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.4 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 9.09 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 0.5963 |
Pembina Pipeline Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pembina Pipeline's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pembina Pipeline's standard deviation. In reality, there are many statistical measures that can use Pembina Pipeline historical prices to predict the future Pembina Pipeline's volatility.| Risk Adjusted Performance | 0.0521 | |||
| Jensen Alpha | 0.0922 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.38) |
Pembina Pipeline Backtested Returns
At this point, Pembina Pipeline is very steady. Pembina Pipeline maintains Sharpe Ratio (i.e., Efficiency) of 0.0635, which implies the firm had a 0.0635% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Pembina Pipeline, which you can use to evaluate the volatility of the company. Please check Pembina Pipeline's Risk Adjusted Performance of 0.0521, coefficient of variation of 1586.64, and Semi Deviation of 0.3881 to confirm if the risk estimate we provide is consistent with the expected return of 0.0801%. Pembina Pipeline has a performance score of 5 on a scale of 0 to 100. The company holds a Beta of -0.18, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pembina Pipeline are expected to decrease at a much lower rate. During the bear market, Pembina Pipeline is likely to outperform the market. Pembina Pipeline right now holds a risk of 1.26%. Please check Pembina Pipeline sortino ratio, semi variance, day typical price, as well as the relationship between the value at risk and kurtosis , to decide if Pembina Pipeline will be following its historical price patterns.
Auto-correlation | -0.59 |
Good reverse predictability
Pembina Pipeline has good reverse predictability. Overlapping area represents the amount of predictability between Pembina Pipeline time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st of December 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 Pembina Pipeline price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Pembina Pipeline price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.39 |
Pembina Pipeline lagged returns against current returns
Autocorrelation, which is Pembina Pipeline otc 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 Pembina Pipeline's otc stock expected returns. We can calculate the autocorrelation of Pembina Pipeline returns to help us make a trade decision. For example, suppose you find that Pembina Pipeline has exhibited high autocorrelation historically, and you observe that the otc 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 |
Pembina Pipeline 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 Pembina Pipeline otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pembina Pipeline otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pembina Pipeline otc stock over time.
Current vs Lagged Prices |
| Timeline |
Pembina Pipeline Lagged Returns
When evaluating Pembina Pipeline's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pembina Pipeline otc stock have on its future price. Pembina Pipeline 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, Pembina Pipeline autocorrelation shows the relationship between Pembina Pipeline otc stock current value and its past values and can show if there is a momentum factor associated with investing in Pembina Pipeline.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Pembina OTC Stock
Pembina Pipeline financial ratios help investors to determine whether Pembina OTC 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 Pembina with respect to the benefits of owning Pembina Pipeline security.