Pioneer Credit (Australia) Market Value
| PNC Stock | 0.46 0.02 4.55% |
| Symbol | Pioneer |
Pioneer Credit '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 Pioneer Credit'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 Pioneer Credit.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Pioneer Credit on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Pioneer Credit or generate 0.0% return on investment in Pioneer Credit over 90 days. Pioneer Credit is related to or competes with Djerriwarrh Investments, BKI Investment, Alternative Investment, Carlton Investments, Arc Funds, and Hudson Investment. Pioneer Credit is entity of Australia. It is traded as Stock on AU exchange. More
Pioneer Credit 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 Pioneer Credit'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 Pioneer Credit upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 20.89 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 4.55 |
Pioneer Credit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pioneer Credit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pioneer Credit's standard deviation. In reality, there are many statistical measures that can use Pioneer Credit historical prices to predict the future Pioneer Credit's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | 0.0849 | |||
| Treynor Ratio | (0.70) |
Pioneer Credit Backtested Returns
Pioneer Credit maintains Sharpe Ratio (i.e., Efficiency) of -0.0813, which implies the firm had a -0.0813 % return per unit of risk over the last 3 months. Pioneer Credit exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pioneer Credit's Coefficient Of Variation of (1,050), risk adjusted performance of (0.08), and Variance of 9.98 to confirm the risk estimate we provide. The company holds a Beta of 0.45, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pioneer Credit's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pioneer Credit is expected to be smaller as well. At this point, Pioneer Credit has a negative expected return of -0.26%. Please make sure to check Pioneer Credit's total risk alpha, potential upside, kurtosis, as well as the relationship between the treynor ratio and skewness , to decide if Pioneer Credit performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.25 |
Weak reverse predictability
Pioneer Credit has weak reverse predictability. Overlapping area represents the amount of predictability between Pioneer Credit 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 Pioneer Credit price movement. The serial correlation of -0.25 indicates that over 25.0% of current Pioneer Credit price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pioneer Credit lagged returns against current returns
Autocorrelation, which is Pioneer Credit 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 Pioneer Credit's stock expected returns. We can calculate the autocorrelation of Pioneer Credit returns to help us make a trade decision. For example, suppose you find that Pioneer Credit 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 |
Pioneer Credit 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 Pioneer Credit stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pioneer Credit stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pioneer Credit stock over time.
Current vs Lagged Prices |
| Timeline |
Pioneer Credit Lagged Returns
When evaluating Pioneer Credit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pioneer Credit stock have on its future price. Pioneer Credit 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, Pioneer Credit autocorrelation shows the relationship between Pioneer Credit stock current value and its past values and can show if there is a momentum factor associated with investing in Pioneer Credit.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Pioneer Stock Analysis
When running Pioneer Credit's price analysis, check to measure Pioneer Credit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pioneer Credit is operating at the current time. Most of Pioneer Credit's value examination focuses on studying past and present price action to predict the probability of Pioneer Credit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pioneer Credit's price. Additionally, you may evaluate how the addition of Pioneer Credit to your portfolios can decrease your overall portfolio volatility.