Ponsse Oyj (Finland) Market Value
| PON1V Stock | EUR 20.20 0.40 1.94% |
| Symbol | Ponsse |
Ponsse Oyj '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 Ponsse Oyj'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 Ponsse Oyj.
| 02/07/2023 |
| 12/28/2024 |
If you would invest 0.00 in Ponsse Oyj on February 7, 2023 and sell it all today you would earn a total of 0.00 from holding Ponsse Oyj 1 or generate 0.0% return on investment in Ponsse Oyj over 690 days. Ponsse Oyj is related to or competes with Olvi Oyj, Valmet Oyj, Wartsila Oyj, UPM Kymmene, and Konecranes Plc. Ponsse Oyj, together with its subsidiaries, develops, manufactures, and sells cut-to-length forest machines More
Ponsse Oyj 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 Ponsse Oyj'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 Ponsse Oyj 1 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 8.01 | |||
| Value At Risk | (2.22) | |||
| Potential Upside | 2.31 |
Ponsse Oyj Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ponsse Oyj's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ponsse Oyj's standard deviation. In reality, there are many statistical measures that can use Ponsse Oyj historical prices to predict the future Ponsse Oyj's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | 0.7061 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ponsse Oyj's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ponsse Oyj 1 Backtested Returns
Ponsse Oyj 1 maintains Sharpe Ratio (i.e., Efficiency) of -0.075, which implies the firm had a -0.075% return per unit of risk over the last 3 months. Ponsse Oyj 1 exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ponsse Oyj's Risk Adjusted Performance of (0.04), coefficient of variation of (1,808), and Variance of 1.97 to confirm the risk estimate we provide. The company holds a Beta of -0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ponsse Oyj are expected to decrease at a much lower rate. During the bear market, Ponsse Oyj is likely to outperform the market. At this point, Ponsse Oyj 1 has a negative expected return of -0.1%. Please make sure to check Ponsse Oyj's potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Ponsse Oyj 1 performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.84 |
Very good predictability
Ponsse Oyj 1 has very good predictability. Overlapping area represents the amount of predictability between Ponsse Oyj time series from 7th of February 2023 to 18th of January 2024 and 18th of January 2024 to 28th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ponsse Oyj 1 price movement. The serial correlation of 0.84 indicates that around 84.0% of current Ponsse Oyj price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 2.26 |
Ponsse Oyj 1 lagged returns against current returns
Autocorrelation, which is Ponsse Oyj 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 Ponsse Oyj's stock expected returns. We can calculate the autocorrelation of Ponsse Oyj returns to help us make a trade decision. For example, suppose you find that Ponsse Oyj 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 |
Ponsse Oyj 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 Ponsse Oyj stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ponsse Oyj stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ponsse Oyj stock over time.
Current vs Lagged Prices |
| Timeline |
Ponsse Oyj Lagged Returns
When evaluating Ponsse Oyj's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ponsse Oyj stock have on its future price. Ponsse Oyj 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, Ponsse Oyj autocorrelation shows the relationship between Ponsse Oyj stock current value and its past values and can show if there is a momentum factor associated with investing in Ponsse Oyj 1.
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 Ponsse Stock
Ponsse Oyj financial ratios help investors to determine whether Ponsse 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 Ponsse with respect to the benefits of owning Ponsse Oyj security.