PICC Property (Germany) Market Value
| PJC Stock | EUR 1.52 0.06 3.80% |
| Symbol | PICC |
PICC Property '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 PICC Property'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 PICC Property.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in PICC Property on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding PICC Property and or generate 0.0% return on investment in PICC Property over 90 days. PICC Property is related to or competes with CARSALES, Yuexiu Transport, GRUPO CARSO-A1, Luckin Coffee, GOLDQUEST MINING, and INTER CARS. PICC Property and Casualty Company Limited, together with its subsidiaries, operates as a property and casualty insuranc... More
PICC Property 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 PICC Property'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 PICC Property and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.02 | |||
| Information Ratio | 0.094 | |||
| Maximum Drawdown | 14.38 | |||
| Value At Risk | (2.67) | |||
| Potential Upside | 3.57 |
PICC Property Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PICC Property's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PICC Property's standard deviation. In reality, there are many statistical measures that can use PICC Property historical prices to predict the future PICC Property's volatility.| Risk Adjusted Performance | 0.045 | |||
| Jensen Alpha | 0.1199 | |||
| Total Risk Alpha | 0.3356 | |||
| Sortino Ratio | 0.0944 | |||
| Treynor Ratio | 0.2323 |
PICC Property Backtested Returns
At this point, PICC Property is risky. PICC Property retains Efficiency (Sharpe Ratio) of 0.0723, which implies the firm had a 0.0723 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for PICC Property, which you can use to evaluate the volatility of the company. Please check PICC Property's semi deviation of 1.58, and Market Risk Adjusted Performance of 0.2423 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. PICC Property has a performance score of 5 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 0.35, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PICC Property's returns are expected to increase less than the market. However, during the bear market, the loss of holding PICC Property is expected to be smaller as well. PICC Property now owns a risk of 2.19%. Please check PICC Property and coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if PICC Property and will be following its current price history.
Auto-correlation | -0.37 |
Poor reverse predictability
PICC Property and has poor reverse predictability. Overlapping area represents the amount of predictability between PICC Property 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 PICC Property price movement. The serial correlation of -0.37 indicates that just about 37.0% of current PICC Property price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PICC Property lagged returns against current returns
Autocorrelation, which is PICC Property 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 PICC Property's stock expected returns. We can calculate the autocorrelation of PICC Property returns to help us make a trade decision. For example, suppose you find that PICC Property 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 |
PICC Property 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 PICC Property stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PICC Property stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PICC Property stock over time.
Current vs Lagged Prices |
| Timeline |
PICC Property Lagged Returns
When evaluating PICC Property's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PICC Property stock have on its future price. PICC Property 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, PICC Property autocorrelation shows the relationship between PICC Property stock current value and its past values and can show if there is a momentum factor associated with investing in PICC Property and.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in PICC Stock
PICC Property financial ratios help investors to determine whether PICC 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 PICC with respect to the benefits of owning PICC Property security.