PagSeguro Digital (Brazil) Market Value
| PAGS34 Stock | BRL 7.92 0.27 3.53% |
| Symbol | PagSeguro |
PagSeguro Digital '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 PagSeguro Digital'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 PagSeguro Digital.
| 10/22/2024 |
| 12/21/2024 |
If you would invest 0.00 in PagSeguro Digital on October 22, 2024 and sell it all today you would earn a total of 0.00 from holding PagSeguro Digital or generate 0.0% return on investment in PagSeguro Digital over 60 days. PagSeguro Digital is related to or competes with Adobe, S1NP34, Fortinet, Block, A1KA34, S1YM34, and Okta. PagSeguro Digital Ltd., together with its subsidiaries, provides financial technology solutions and services for consume... More
PagSeguro Digital 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 PagSeguro Digital'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 PagSeguro Digital upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 14.46 | |||
| Value At Risk | (4.57) | |||
| Potential Upside | 3.53 |
PagSeguro Digital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PagSeguro Digital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PagSeguro Digital's standard deviation. In reality, there are many statistical measures that can use PagSeguro Digital historical prices to predict the future PagSeguro Digital's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.31) |
PagSeguro Digital Backtested Returns
PagSeguro Digital maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the firm had a -0.13% return per unit of risk over the last 3 months. PagSeguro Digital exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PagSeguro Digital's Risk Adjusted Performance of (0.10), coefficient of variation of (735.45), and Variance of 6.96 to confirm the risk estimate we provide. The company holds a Beta of 1.19, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, PagSeguro Digital will likely underperform. At this point, PagSeguro Digital has a negative expected return of -0.34%. Please make sure to check PagSeguro Digital's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if PagSeguro Digital performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.64 |
Good predictability
PagSeguro Digital has good predictability. Overlapping area represents the amount of predictability between PagSeguro Digital time series from 22nd of October 2024 to 21st of November 2024 and 21st of November 2024 to 21st 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 PagSeguro Digital price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current PagSeguro Digital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
PagSeguro Digital lagged returns against current returns
Autocorrelation, which is PagSeguro Digital 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 PagSeguro Digital's stock expected returns. We can calculate the autocorrelation of PagSeguro Digital returns to help us make a trade decision. For example, suppose you find that PagSeguro Digital 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 |
PagSeguro Digital 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 PagSeguro Digital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PagSeguro Digital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PagSeguro Digital stock over time.
Current vs Lagged Prices |
| Timeline |
PagSeguro Digital Lagged Returns
When evaluating PagSeguro Digital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PagSeguro Digital stock have on its future price. PagSeguro Digital 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, PagSeguro Digital autocorrelation shows the relationship between PagSeguro Digital stock current value and its past values and can show if there is a momentum factor associated with investing in PagSeguro Digital.
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.Additional Information and Resources on Investing in PagSeguro Stock
When determining whether PagSeguro Digital is a strong investment it is important to analyze PagSeguro Digital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PagSeguro Digital's future performance. For an informed investment choice regarding PagSeguro Stock, refer to the following important reports:Check out PagSeguro Digital Correlation, PagSeguro Digital Volatility and PagSeguro Digital Alpha and Beta module to complement your research on PagSeguro Digital. For information on how to trade PagSeguro Stock refer to our How to Trade PagSeguro Stock guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
PagSeguro Digital technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.