Prestige Consumer (Germany) Market Value
| PBV Stock | EUR 75.00 0.50 0.66% |
| Symbol | Prestige |
Prestige Consumer '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 Prestige Consumer'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 Prestige Consumer.
| 08/01/2023 |
| 12/23/2024 |
If you would invest 0.00 in Prestige Consumer on August 1, 2023 and sell it all today you would earn a total of 0.00 from holding Prestige Consumer Healthcare or generate 0.0% return on investment in Prestige Consumer over 510 days. Prestige Consumer is related to or competes with Ross Stores, Fast Retailing, Canon Marketing, FAST RETAIL, SIDETRADE, and QURATE RETAIL. Prestige Consumer Healthcare Inc., together with its subsidiaries, develops, manufactures, markets, distributes, and sel... More
Prestige Consumer 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 Prestige Consumer'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 Prestige Consumer Healthcare upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.44 | |||
| Information Ratio | 0.1069 | |||
| Maximum Drawdown | 10.42 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 2.58 |
Prestige Consumer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prestige Consumer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prestige Consumer's standard deviation. In reality, there are many statistical measures that can use Prestige Consumer historical prices to predict the future Prestige Consumer's volatility.| Risk Adjusted Performance | 0.1054 | |||
| Jensen Alpha | 0.1905 | |||
| Total Risk Alpha | 0.1511 | |||
| Sortino Ratio | 0.121 | |||
| Treynor Ratio | 0.6798 |
Prestige Consumer Backtested Returns
Prestige Consumer appears to be very steady, given 3 months investment horizon. Prestige Consumer maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Prestige Consumer, which you can use to evaluate the volatility of the company. Please evaluate Prestige Consumer's Risk Adjusted Performance of 0.1054, semi deviation of 1.1, and Coefficient Of Variation of 790.16 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Prestige Consumer holds a performance score of 12. The company holds a Beta of 0.29, which implies not very significant fluctuations relative to the market. As returns on the market increase, Prestige Consumer's returns are expected to increase less than the market. However, during the bear market, the loss of holding Prestige Consumer is expected to be smaller as well. Please check Prestige Consumer's sortino ratio, potential upside, and the relationship between the jensen alpha and maximum drawdown , to make a quick decision on whether Prestige Consumer's historical price patterns will revert.
Auto-correlation | 0.84 |
Very good predictability
Prestige Consumer Healthcare has very good predictability. Overlapping area represents the amount of predictability between Prestige Consumer time series from 1st of August 2023 to 12th of April 2024 and 12th of April 2024 to 23rd 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 Prestige Consumer price movement. The serial correlation of 0.84 indicates that around 84.0% of current Prestige Consumer price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 34.69 |
Prestige Consumer lagged returns against current returns
Autocorrelation, which is Prestige Consumer 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 Prestige Consumer's stock expected returns. We can calculate the autocorrelation of Prestige Consumer returns to help us make a trade decision. For example, suppose you find that Prestige Consumer 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 |
Prestige Consumer 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 Prestige Consumer stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prestige Consumer stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prestige Consumer stock over time.
Current vs Lagged Prices |
| Timeline |
Prestige Consumer Lagged Returns
When evaluating Prestige Consumer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prestige Consumer stock have on its future price. Prestige Consumer 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, Prestige Consumer autocorrelation shows the relationship between Prestige Consumer stock current value and its past values and can show if there is a momentum factor associated with investing in Prestige Consumer Healthcare.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Prestige Stock
Prestige Consumer financial ratios help investors to determine whether Prestige 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 Prestige with respect to the benefits of owning Prestige Consumer security.