Banpu PCL (Germany) Market Value
| NVAC Stock | EUR 0.14 0.01 7.69% |
| Symbol | Banpu |
Banpu PCL '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 Banpu PCL'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 Banpu PCL.
| 10/26/2024 |
| 01/24/2025 |
If you would invest 0.00 in Banpu PCL on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Banpu PCL or generate 0.0% return on investment in Banpu PCL over 90 days. Banpu PCL is related to or competes with ARDAGH METAL, Fortescue Metals, MagnaChip Semiconductor, Aluminum, Jacquet Metal, ELMOS SEMICONDUCTOR, and NXP Semiconductors. Banpu Public Company Limited engages in the coal mining and power businesses More
Banpu PCL 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 Banpu PCL'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 Banpu PCL upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 30.98 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 7.69 |
Banpu PCL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Banpu PCL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Banpu PCL's standard deviation. In reality, there are many statistical measures that can use Banpu PCL historical prices to predict the future Banpu PCL's volatility.| Risk Adjusted Performance | 1.0E-4 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.49) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Banpu PCL's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Banpu PCL Backtested Returns
Banpu PCL secures Sharpe Ratio (or Efficiency) of -0.01, which signifies that the company had a -0.01 % return per unit of risk over the last 3 months. Banpu PCL exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Banpu PCL's Risk Adjusted Performance of 1.0E-4, mean deviation of 2.99, and Standard Deviation of 5.75 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Banpu PCL's returns are expected to increase less than the market. However, during the bear market, the loss of holding Banpu PCL is expected to be smaller as well. At this point, Banpu PCL has a negative expected return of -0.0573%. Please make sure to confirm Banpu PCL's total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if Banpu PCL performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.42 |
Average predictability
Banpu PCL has average predictability. Overlapping area represents the amount of predictability between Banpu PCL time series from 26th of October 2024 to 10th of December 2024 and 10th of December 2024 to 24th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Banpu PCL price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Banpu PCL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Banpu PCL lagged returns against current returns
Autocorrelation, which is Banpu PCL 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 Banpu PCL's stock expected returns. We can calculate the autocorrelation of Banpu PCL returns to help us make a trade decision. For example, suppose you find that Banpu PCL 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 |
Banpu PCL 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 Banpu PCL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Banpu PCL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Banpu PCL stock over time.
Current vs Lagged Prices |
| Timeline |
Banpu PCL Lagged Returns
When evaluating Banpu PCL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Banpu PCL stock have on its future price. Banpu PCL 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, Banpu PCL autocorrelation shows the relationship between Banpu PCL stock current value and its past values and can show if there is a momentum factor associated with investing in Banpu PCL.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Banpu Stock
Banpu PCL financial ratios help investors to determine whether Banpu 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 Banpu with respect to the benefits of owning Banpu PCL security.