Premiere Entertainment (Philippines) Market Value
| PHA Stock | 0.13 0.01 7.14% |
| Symbol | Premiere |
Premiere Entertainment '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 Premiere Entertainment'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 Premiere Entertainment.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Premiere Entertainment on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Premiere Entertainment or generate 0.0% return on investment in Premiere Entertainment over 90 days. Premiere Entertainment is related to or competes with Ayala Land, Robinsons Land, Filinvest Development, DoubleDragon Properties, DoubleDragon Properties, 8990 Holdings, and Vista Land. More
Premiere Entertainment 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 Premiere Entertainment'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 Premiere Entertainment upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 18.01 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 6.25 |
Premiere Entertainment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Premiere Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Premiere Entertainment's standard deviation. In reality, there are many statistical measures that can use Premiere Entertainment historical prices to predict the future Premiere Entertainment's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (1.27) |
Premiere Entertainment Backtested Returns
Premiere Entertainment maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15 % return per unit of risk over the last 3 months. Premiere Entertainment exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Premiere Entertainment's Variance of 11.23, risk adjusted performance of (0.13), and Coefficient Of Variation of (648.23) to confirm the risk estimate we provide. The company holds a Beta of 0.41, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Premiere Entertainment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Premiere Entertainment is expected to be smaller as well. At this point, Premiere Entertainment has a negative expected return of -0.49%. Please make sure to check Premiere Entertainment's jensen alpha, kurtosis, market facilitation index, as well as the relationship between the maximum drawdown and rate of daily change , to decide if Premiere Entertainment performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.25 |
Poor predictability
Premiere Entertainment has poor predictability. Overlapping area represents the amount of predictability between Premiere Entertainment 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 Premiere Entertainment price movement. The serial correlation of 0.25 indicates that over 25.0% of current Premiere Entertainment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Premiere Entertainment lagged returns against current returns
Autocorrelation, which is Premiere Entertainment 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 Premiere Entertainment's stock expected returns. We can calculate the autocorrelation of Premiere Entertainment returns to help us make a trade decision. For example, suppose you find that Premiere Entertainment 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 |
Premiere Entertainment 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 Premiere Entertainment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Premiere Entertainment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Premiere Entertainment stock over time.
Current vs Lagged Prices |
| Timeline |
Premiere Entertainment Lagged Returns
When evaluating Premiere Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Premiere Entertainment stock have on its future price. Premiere Entertainment 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, Premiere Entertainment autocorrelation shows the relationship between Premiere Entertainment stock current value and its past values and can show if there is a momentum factor associated with investing in Premiere Entertainment.
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 Premiere Stock
Premiere Entertainment financial ratios help investors to determine whether Premiere 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 Premiere with respect to the benefits of owning Premiere Entertainment security.