Pfizer Inc Cdr Stock Market Value
| PFE Stock | 11.90 0.06 0.51% |
| Symbol | Pfizer |
Pfizer '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 Pfizer'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 Pfizer.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Pfizer on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Pfizer Inc CDR or generate 0.0% return on investment in Pfizer over 90 days. Pfizer is related to or competes with Maple Leaf, Data Communications, Cogeco Communications, Slate Grocery, Rogers Communications, and Economic Investment. Pfizer is entity of Canada. It is traded as Stock on NEO exchange. More
Pfizer 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 Pfizer'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 Pfizer Inc CDR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.22 | |||
| Information Ratio | 0.078 | |||
| Maximum Drawdown | 7.07 | |||
| Value At Risk | (2.32) | |||
| Potential Upside | 2.21 |
Pfizer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pfizer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pfizer's standard deviation. In reality, there are many statistical measures that can use Pfizer historical prices to predict the future Pfizer's volatility.| Risk Adjusted Performance | 0.0067 | |||
| Jensen Alpha | 0.0339 | |||
| Total Risk Alpha | 0.1618 | |||
| Sortino Ratio | 0.0849 | |||
| Treynor Ratio | (0.01) |
Pfizer Inc CDR Backtested Returns
As of now, Pfizer Stock is very steady. Pfizer Inc CDR maintains Sharpe Ratio (i.e., Efficiency) of 0.0438, which implies the firm had a 0.0438 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Pfizer Inc CDR, which you can use to evaluate the volatility of the company. Please check Pfizer's Semi Deviation of 1.17, coefficient of variation of 27267.67, and Risk Adjusted Performance of 0.0067 to confirm if the risk estimate we provide is consistent with the expected return of 0.0582%. Pfizer has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of 0.36, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pfizer's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pfizer is expected to be smaller as well. Pfizer Inc CDR right now holds a risk of 1.33%. Please check Pfizer Inc CDR standard deviation, treynor ratio, downside variance, as well as the relationship between the total risk alpha and value at risk , to decide if Pfizer Inc CDR will be following its historical price patterns.
Auto-correlation | -0.45 |
Modest reverse predictability
Pfizer Inc CDR has modest reverse predictability. Overlapping area represents the amount of predictability between Pfizer 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 Pfizer Inc CDR price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Pfizer price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Pfizer Inc CDR lagged returns against current returns
Autocorrelation, which is Pfizer 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 Pfizer's stock expected returns. We can calculate the autocorrelation of Pfizer returns to help us make a trade decision. For example, suppose you find that Pfizer 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 |
Pfizer 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 Pfizer stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pfizer stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pfizer stock over time.
Current vs Lagged Prices |
| Timeline |
Pfizer Lagged Returns
When evaluating Pfizer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pfizer stock have on its future price. Pfizer 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, Pfizer autocorrelation shows the relationship between Pfizer stock current value and its past values and can show if there is a momentum factor associated with investing in Pfizer Inc CDR.
Regressed Prices |
| Timeline |
Pair Trading with Pfizer
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pfizer position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pfizer will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Pfizer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pfizer when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pfizer - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pfizer Inc CDR to buy it.
The correlation of Pfizer is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pfizer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pfizer Inc CDR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pfizer can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Pfizer Stock
Pfizer financial ratios help investors to determine whether Pfizer 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 Pfizer with respect to the benefits of owning Pfizer security.