Power FinanceLimited (India) Market Value
| PFC Stock | 388.35 7.75 1.96% |
| Symbol | Power |
Power FinanceLimited '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 Power FinanceLimited'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 Power FinanceLimited.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Power FinanceLimited on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Power Finance or generate 0.0% return on investment in Power FinanceLimited over 90 days. Power FinanceLimited is related to or competes with Bank of Maharashtra, Arman Financial, Kotak Mahindra, LLOYDS METALS, Hybrid Financial, Gokul Refoils, and Spandana Sphoorty. Power FinanceLimited is entity of India. It is traded as Stock on NSE exchange. More
Power FinanceLimited 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 Power FinanceLimited'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 Power Finance upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 15.19 | |||
| Value At Risk | (4.58) | |||
| Potential Upside | 3.66 |
Power FinanceLimited Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Power FinanceLimited's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Power FinanceLimited's standard deviation. In reality, there are many statistical measures that can use Power FinanceLimited historical prices to predict the future Power FinanceLimited's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (7.07) |
Power FinanceLimited Backtested Returns
Power FinanceLimited 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. Power FinanceLimited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Power FinanceLimited's Coefficient Of Variation of (717.79), variance of 7.51, and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide. The company holds a Beta of 0.0554, which implies not very significant fluctuations relative to the market. As returns on the market increase, Power FinanceLimited's returns are expected to increase less than the market. However, during the bear market, the loss of holding Power FinanceLimited is expected to be smaller as well. At this point, Power FinanceLimited has a negative expected return of -0.37%. Please make sure to check Power FinanceLimited's kurtosis, day median price, period momentum indicator, as well as the relationship between the daily balance of power and market facilitation index , to decide if Power FinanceLimited performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.33 |
Below average predictability
Power Finance has below average predictability. Overlapping area represents the amount of predictability between Power FinanceLimited time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Power FinanceLimited price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Power FinanceLimited price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 182.9 |
Power FinanceLimited lagged returns against current returns
Autocorrelation, which is Power FinanceLimited 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 Power FinanceLimited's stock expected returns. We can calculate the autocorrelation of Power FinanceLimited returns to help us make a trade decision. For example, suppose you find that Power FinanceLimited 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 |
Power FinanceLimited 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 Power FinanceLimited stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Power FinanceLimited stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Power FinanceLimited stock over time.
Current vs Lagged Prices |
| Timeline |
Power FinanceLimited Lagged Returns
When evaluating Power FinanceLimited's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Power FinanceLimited stock have on its future price. Power FinanceLimited 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, Power FinanceLimited autocorrelation shows the relationship between Power FinanceLimited stock current value and its past values and can show if there is a momentum factor associated with investing in Power Finance.
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 Power Stock
Power FinanceLimited financial ratios help investors to determine whether Power 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 Power with respect to the benefits of owning Power FinanceLimited security.