Panoply Holdings (UK) Market Value
| TPX Stock | 38.00 2.00 5.00% |
| Symbol | Panoply |
Panoply Holdings '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 Panoply Holdings' 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 Panoply Holdings.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in Panoply Holdings on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding The Panoply Holdings or generate 0.0% return on investment in Panoply Holdings over 90 days. Panoply Holdings is related to or competes with SilverCrest Metals, AfriTin Mining, Pets At, McEwen Mining, Silvercorp Metals, GreenX Metals, and Endeavour Mining. Panoply Holdings is entity of United Kingdom More
Panoply Holdings 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 Panoply Holdings' 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 The Panoply Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 34.23 | |||
| Value At Risk | (5.68) | |||
| Potential Upside | 3.23 |
Panoply Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Panoply Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Panoply Holdings' standard deviation. In reality, there are many statistical measures that can use Panoply Holdings historical prices to predict the future Panoply Holdings' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.96) | |||
| Treynor Ratio | (0.22) |
Panoply Holdings Backtested Returns
Panoply Holdings maintains Sharpe Ratio (i.e., Efficiency) of -0.0217, which implies the firm had a -0.0217% return per unit of risk over the last 3 months. Panoply Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Panoply Holdings' Variance of 25.41, coefficient of variation of (4,606), and Market Risk Adjusted Performance of (0.21) to confirm the risk estimate we provide. The company holds a Beta of 0.54, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Panoply Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Panoply Holdings is expected to be smaller as well. At this point, Panoply Holdings has a negative expected return of -0.11%. Please make sure to check Panoply Holdings' kurtosis, market facilitation index, and the relationship between the value at risk and rate of daily change , to decide if Panoply Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
The Panoply Holdings has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Panoply Holdings 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 Panoply Holdings price movement. The serial correlation of -0.79 indicates that around 79.0% of current Panoply Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 8.64 |
Panoply Holdings lagged returns against current returns
Autocorrelation, which is Panoply Holdings 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 Panoply Holdings' stock expected returns. We can calculate the autocorrelation of Panoply Holdings returns to help us make a trade decision. For example, suppose you find that Panoply Holdings 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 |
Panoply Holdings 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 Panoply Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Panoply Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Panoply Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Panoply Holdings Lagged Returns
When evaluating Panoply Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Panoply Holdings stock have on its future price. Panoply Holdings 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, Panoply Holdings autocorrelation shows the relationship between Panoply Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in The Panoply Holdings.
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.Other Information on Investing in Panoply Stock
Panoply Holdings financial ratios help investors to determine whether Panoply 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 Panoply with respect to the benefits of owning Panoply Holdings security.