PPB Group (Malaysia) Market Value
| 4065 Stock | 12.18 0.08 0.66% |
| Symbol | PPB |
PPB Group '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 PPB Group'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 PPB Group.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in PPB Group on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding PPB Group Bhd or generate 0.0% return on investment in PPB Group over 720 days. PPB Group is related to or competes with ES Ceramics, IHH Healthcare, Uchi Technologies, Nova Wellness, K One, Computer Forms, and Awanbiru Technology. More
PPB Group 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 PPB Group'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 PPB Group Bhd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 7.33 | |||
| Value At Risk | (2.70) | |||
| Potential Upside | 2.19 |
PPB Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PPB Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PPB Group's standard deviation. In reality, there are many statistical measures that can use PPB Group historical prices to predict the future PPB Group's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (8.36) |
PPB Group Bhd Backtested Returns
PPB Group Bhd retains Efficiency (Sharpe Ratio) of -0.2, which implies the firm had a -0.2% return per unit of risk over the last 3 months. PPB Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PPB Group's market risk adjusted performance of (8.35), and Coefficient Of Variation of (537.92) to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.0323, which implies not very significant fluctuations relative to the market. As returns on the market increase, PPB Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding PPB Group is expected to be smaller as well. At this point, PPB Group Bhd has a negative expected return of -0.28%. Please make sure to check PPB Group's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if PPB Group Bhd performance from the past will be repeated at future time.
Auto-correlation | 0.50 |
Modest predictability
PPB Group Bhd has modest predictability. Overlapping area represents the amount of predictability between PPB Group time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 PPB Group Bhd price movement. The serial correlation of 0.5 indicates that about 50.0% of current PPB Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.48 |
PPB Group Bhd lagged returns against current returns
Autocorrelation, which is PPB Group 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 PPB Group's stock expected returns. We can calculate the autocorrelation of PPB Group returns to help us make a trade decision. For example, suppose you find that PPB Group 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 |
PPB Group 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 PPB Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PPB Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PPB Group stock over time.
Current vs Lagged Prices |
| Timeline |
PPB Group Lagged Returns
When evaluating PPB Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PPB Group stock have on its future price. PPB Group 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, PPB Group autocorrelation shows the relationship between PPB Group stock current value and its past values and can show if there is a momentum factor associated with investing in PPB Group Bhd.
Regressed Prices |
| Timeline |
Also Currently Popular
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 PPB Stock
PPB Group financial ratios help investors to determine whether PPB 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 PPB with respect to the benefits of owning PPB Group security.