Polar Capital (UK) Market Value
| PCT Stock | 316.00 20.00 5.95% |
| Symbol | Polar |
Polar Capital '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 Polar Capital'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 Polar Capital.
| 02/03/2025 |
| 03/05/2025 |
If you would invest 0.00 in Polar Capital on February 3, 2025 and sell it all today you would earn a total of 0.00 from holding Polar Capital Technology or generate 0.0% return on investment in Polar Capital over 30 days. Polar Capital is related to or competes with URU Metals, Tyson Foods, Resolute Mining, METALL ZUG, Molson Coors, Playtech Plc, and Atalaya Mining. Polar Capital is entity of United Kingdom More
Polar Capital 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 Polar Capital'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 Polar Capital Technology upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0043 | |||
| Maximum Drawdown | 9.64 | |||
| Value At Risk | (3.57) | |||
| Potential Upside | 2.35 |
Polar Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Polar Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Polar Capital's standard deviation. In reality, there are many statistical measures that can use Polar Capital historical prices to predict the future Polar Capital's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | 0.1216 | |||
| Treynor Ratio | (0.16) |
Polar Capital Technology Backtested Returns
Polar Capital Technology maintains Sharpe Ratio (i.e., Efficiency) of -0.0661, which implies the firm had a -0.0661 % return per unit of risk over the last 3 months. Polar Capital Technology exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Polar Capital's Coefficient Of Variation of (2,496), risk adjusted performance of (0.03), and Variance of 3.1 to confirm the risk estimate we provide. The company holds a Beta of 0.51, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Polar Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Polar Capital is expected to be smaller as well. At this point, Polar Capital Technology has a negative expected return of -0.12%. Please make sure to check Polar Capital's kurtosis, and the relationship between the maximum drawdown and rate of daily change , to decide if Polar Capital Technology performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.8 |
Almost perfect reverse predictability
Polar Capital Technology has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Polar Capital time series from 3rd of February 2025 to 18th of February 2025 and 18th of February 2025 to 5th of March 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 Polar Capital Technology price movement. The serial correlation of -0.8 indicates that around 80.0% of current Polar Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.8 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 333.37 |
Polar Capital Technology lagged returns against current returns
Autocorrelation, which is Polar Capital 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 Polar Capital's stock expected returns. We can calculate the autocorrelation of Polar Capital returns to help us make a trade decision. For example, suppose you find that Polar Capital 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 |
Polar Capital 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 Polar Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Polar Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Polar Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Polar Capital Lagged Returns
When evaluating Polar Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Polar Capital stock have on its future price. Polar Capital 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, Polar Capital autocorrelation shows the relationship between Polar Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Polar Capital Technology.
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 Polar Stock
Polar Capital financial ratios help investors to determine whether Polar 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 Polar with respect to the benefits of owning Polar Capital security.