Pentair Plc's market value is the price at which a share of Pentair Plc trades on a public exchange. It measures the collective expectations of Pentair plc investors about its performance. Pentair Plc is trading at 621.40 as of the 4th of January 2025, a 0.37 percent decrease since the beginning of the trading day. The stock's open price was 623.7. With this module, you can estimate the performance of a buy and hold strategy of Pentair plc and determine expected loss or profit from investing in Pentair Plc over a given investment horizon. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Symbol
Pentair
Pentair Plc '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 Pentair Plc'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 Pentair Plc.
0.00
11/05/2024
No Change 0.00
0.0
In 2 months and 2 days
01/04/2025
0.00
If you would invest 0.00 in Pentair Plc on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Pentair plc or generate 0.0% return on investment in Pentair Plc over 60 days.
Pentair Plc 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 Pentair Plc'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 Pentair plc upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pentair Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pentair Plc's standard deviation. In reality, there are many statistical measures that can use Pentair Plc historical prices to predict the future Pentair Plc's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Pentair Plc. Your research has to be compared to or analyzed against Pentair Plc's peers to derive any actionable benefits. When done correctly, Pentair Plc's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Pentair plc.
Pentair plc Backtested Returns
Pentair Plc appears to be very steady, given 3 months investment horizon. Pentair plc maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the firm had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Pentair plc, which you can use to evaluate the volatility of the company. Please evaluate Pentair Plc's Semi Deviation of 0.7416, coefficient of variation of 627.1, and Risk Adjusted Performance of 0.1343 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pentair Plc holds a performance score of 14. The company holds a Beta of -0.45, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Pentair Plc are expected to decrease at a much lower rate. During the bear market, Pentair Plc is likely to outperform the market. Please check Pentair Plc's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Pentair Plc's historical price patterns will revert.
Auto-correlation
-0.72
Almost perfect reverse predictability
Pentair plc has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Pentair Plc time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 Pentair plc price movement. The serial correlation of -0.72 indicates that around 72.0% of current Pentair Plc price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.72
Spearman Rank Test
-0.71
Residual Average
0.0
Price Variance
204.79
Pentair plc lagged returns against current returns
Autocorrelation, which is Pentair Plc 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 Pentair Plc's stock expected returns. We can calculate the autocorrelation of Pentair Plc returns to help us make a trade decision. For example, suppose you find that Pentair Plc 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
Pentair Plc 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 Pentair Plc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pentair Plc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pentair Plc stock over time.
Current vs Lagged Prices
Timeline
Pentair Plc Lagged Returns
When evaluating Pentair Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pentair Plc stock have on its future price. Pentair Plc 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, Pentair Plc autocorrelation shows the relationship between Pentair Plc stock current value and its past values and can show if there is a momentum factor associated with investing in Pentair plc.
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.