Podravka Prehrambena (Croatia) Market Value
| PODR Stock | 142.50 0.50 0.35% |
| Symbol | Podravka |
Podravka Prehrambena '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 Podravka Prehrambena'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 Podravka Prehrambena.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Podravka Prehrambena on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Podravka Prehrambena Industrija or generate 0.0% return on investment in Podravka Prehrambena over 90 days. Podravka Prehrambena is related to or competes with AD Plastik, Hrvatska Postanska, Dalekovod, Zagrebacka Banka, and Arena Hospitality. More
Podravka Prehrambena 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 Podravka Prehrambena'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 Podravka Prehrambena Industrija upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.85 | |||
| Information Ratio | 0.0785 | |||
| Maximum Drawdown | 9.86 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 3.44 |
Podravka Prehrambena Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Podravka Prehrambena's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Podravka Prehrambena's standard deviation. In reality, there are many statistical measures that can use Podravka Prehrambena historical prices to predict the future Podravka Prehrambena's volatility.| Risk Adjusted Performance | 0.0258 | |||
| Jensen Alpha | 0.021 | |||
| Total Risk Alpha | 0.2591 | |||
| Sortino Ratio | 0.0765 | |||
| Treynor Ratio | (0.30) |
Podravka Prehrambena Backtested Returns
Podravka Prehrambena maintains Sharpe Ratio (i.e., Efficiency) of -0.0568, which implies the firm had a -0.0568 % return per unit of risk over the last 3 months. Podravka Prehrambena exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Podravka Prehrambena's Semi Deviation of 1.52, risk adjusted performance of 0.0258, and Coefficient Of Variation of 4223.45 to confirm the risk estimate we provide. The company holds a Beta of -0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Podravka Prehrambena are expected to decrease at a much lower rate. During the bear market, Podravka Prehrambena is likely to outperform the market. At this point, Podravka Prehrambena has a negative expected return of -0.0767%. Please make sure to check Podravka Prehrambena's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Podravka Prehrambena performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.01 |
Virtually no predictability
Podravka Prehrambena Industrija has virtually no predictability. Overlapping area represents the amount of predictability between Podravka Prehrambena time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Podravka Prehrambena price movement. The serial correlation of 0.01 indicates that just 1.0% of current Podravka Prehrambena price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 3.26 |
Podravka Prehrambena lagged returns against current returns
Autocorrelation, which is Podravka Prehrambena 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 Podravka Prehrambena's stock expected returns. We can calculate the autocorrelation of Podravka Prehrambena returns to help us make a trade decision. For example, suppose you find that Podravka Prehrambena 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 |
Podravka Prehrambena 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 Podravka Prehrambena stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Podravka Prehrambena stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Podravka Prehrambena stock over time.
Current vs Lagged Prices |
| Timeline |
Podravka Prehrambena Lagged Returns
When evaluating Podravka Prehrambena's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Podravka Prehrambena stock have on its future price. Podravka Prehrambena 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, Podravka Prehrambena autocorrelation shows the relationship between Podravka Prehrambena stock current value and its past values and can show if there is a momentum factor associated with investing in Podravka Prehrambena Industrija.
Regressed Prices |
| Timeline |
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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.Additional Tools for Podravka Stock Analysis
When running Podravka Prehrambena's price analysis, check to measure Podravka Prehrambena'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 Podravka Prehrambena is operating at the current time. Most of Podravka Prehrambena's value examination focuses on studying past and present price action to predict the probability of Podravka Prehrambena's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Podravka Prehrambena's price. Additionally, you may evaluate how the addition of Podravka Prehrambena to your portfolios can decrease your overall portfolio volatility.