Peoples Insurance (Germany) Market Value
| PIR Stock | EUR 0.41 0.01 2.50% |
| Symbol | Peoples |
Peoples Insurance '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 Peoples Insurance'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 Peoples Insurance.
| 12/23/2024 |
| 01/22/2025 |
If you would invest 0.00 in Peoples Insurance on December 23, 2024 and sell it all today you would earn a total of 0.00 from holding The Peoples Insurance or generate 0.0% return on investment in Peoples Insurance over 30 days. Peoples Insurance is related to or competes with Tokio Marine, W R, Loews Corp, American Financial, Suncorp Group, and Beazley PLC. The Peoples Insurance Company of China Limited, an investment holding company, primarily engages in the insurance busine... More
Peoples Insurance 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 Peoples Insurance'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 The Peoples Insurance upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.09 | |||
| Information Ratio | 0.093 | |||
| Maximum Drawdown | 35.82 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 5.71 |
Peoples Insurance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Peoples Insurance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Peoples Insurance's standard deviation. In reality, there are many statistical measures that can use Peoples Insurance historical prices to predict the future Peoples Insurance's volatility.| Risk Adjusted Performance | 0.093 | |||
| Jensen Alpha | 0.4562 | |||
| Total Risk Alpha | 0.333 | |||
| Sortino Ratio | 0.0652 | |||
| Treynor Ratio | 0.3928 |
Peoples Insurance Backtested Returns
Peoples Insurance appears to be out of control, given 3 months investment horizon. Peoples Insurance maintains Sharpe Ratio (i.e., Efficiency) of 0.0772, which implies the firm had a 0.0772 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Peoples Insurance, which you can use to evaluate the volatility of the company. Please evaluate Peoples Insurance's Semi Deviation of 4.03, coefficient of variation of 996.91, and Market Risk Adjusted Performance of 0.4028 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Peoples Insurance holds a performance score of 6. The company holds a Beta of 1.25, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Peoples Insurance will likely underperform. Please check Peoples Insurance's sortino ratio, potential upside, and the relationship between the jensen alpha and maximum drawdown , to make a quick decision on whether Peoples Insurance's historical price patterns will revert.
Auto-correlation | 0.09 |
Virtually no predictability
The Peoples Insurance has virtually no predictability. Overlapping area represents the amount of predictability between Peoples Insurance time series from 23rd of December 2024 to 7th of January 2025 and 7th of January 2025 to 22nd of January 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 Peoples Insurance price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Peoples Insurance price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Peoples Insurance lagged returns against current returns
Autocorrelation, which is Peoples Insurance 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 Peoples Insurance's stock expected returns. We can calculate the autocorrelation of Peoples Insurance returns to help us make a trade decision. For example, suppose you find that Peoples Insurance 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 |
Peoples Insurance 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 Peoples Insurance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Peoples Insurance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Peoples Insurance stock over time.
Current vs Lagged Prices |
| Timeline |
Peoples Insurance Lagged Returns
When evaluating Peoples Insurance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Peoples Insurance stock have on its future price. Peoples Insurance 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, Peoples Insurance autocorrelation shows the relationship between Peoples Insurance stock current value and its past values and can show if there is a momentum factor associated with investing in The Peoples Insurance.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Peoples Stock
Peoples Insurance financial ratios help investors to determine whether Peoples 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 Peoples with respect to the benefits of owning Peoples Insurance security.