Piraeus Port (Greece) Market Value
| PPA Stock | EUR 33.20 0.85 2.63% |
| Symbol | Piraeus |
Piraeus Port '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 Piraeus Port'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 Piraeus Port.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Piraeus Port on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Piraeus Port Authority or generate 0.0% return on investment in Piraeus Port over 90 days. Piraeus Port is related to or competes with Intertech, Interlife General, Profile Systems, Intracom Constructions, Marfin Investment, Attica Bank, and Thrace Plastics. Piraeus Port Authority S.A. provides port services at the port of Piraeus, Greece More
Piraeus Port 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 Piraeus Port'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 Piraeus Port Authority upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.27 | |||
| Information Ratio | 0.1902 | |||
| Maximum Drawdown | 6.56 | |||
| Value At Risk | (2.14) | |||
| Potential Upside | 2.63 |
Piraeus Port Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Piraeus Port's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Piraeus Port's standard deviation. In reality, there are many statistical measures that can use Piraeus Port historical prices to predict the future Piraeus Port's volatility.| Risk Adjusted Performance | 0.1115 | |||
| Jensen Alpha | 0.1742 | |||
| Total Risk Alpha | 0.3582 | |||
| Sortino Ratio | 0.2218 | |||
| Treynor Ratio | 12.33 |
Piraeus Port Authority Backtested Returns
Currently, Piraeus Port Authority is very steady. Piraeus Port Authority maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Piraeus Port Authority, which you can use to evaluate the volatility of the company. Please check Piraeus Port's Semi Deviation of 1.09, risk adjusted performance of 0.1115, and Coefficient Of Variation of 810.9 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. Piraeus Port has a performance score of 9 on a scale of 0 to 100. The company holds a Beta of 0.014, which implies not very significant fluctuations relative to the market. As returns on the market increase, Piraeus Port's returns are expected to increase less than the market. However, during the bear market, the loss of holding Piraeus Port is expected to be smaller as well. Piraeus Port Authority right now holds a risk of 1.48%. Please check Piraeus Port Authority maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Piraeus Port Authority will be following its historical price patterns.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Piraeus Port Authority has insignificant reverse predictability. Overlapping area represents the amount of predictability between Piraeus Port time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Piraeus Port Authority price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Piraeus Port price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 1.67 |
Piraeus Port Authority lagged returns against current returns
Autocorrelation, which is Piraeus Port 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 Piraeus Port's stock expected returns. We can calculate the autocorrelation of Piraeus Port returns to help us make a trade decision. For example, suppose you find that Piraeus Port 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 |
Piraeus Port 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 Piraeus Port stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Piraeus Port stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Piraeus Port stock over time.
Current vs Lagged Prices |
| Timeline |
Piraeus Port Lagged Returns
When evaluating Piraeus Port's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Piraeus Port stock have on its future price. Piraeus Port 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, Piraeus Port autocorrelation shows the relationship between Piraeus Port stock current value and its past values and can show if there is a momentum factor associated with investing in Piraeus Port Authority.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Piraeus Stock Analysis
When running Piraeus Port's price analysis, check to measure Piraeus Port'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 Piraeus Port is operating at the current time. Most of Piraeus Port's value examination focuses on studying past and present price action to predict the probability of Piraeus Port's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Piraeus Port's price. Additionally, you may evaluate how the addition of Piraeus Port to your portfolios can decrease your overall portfolio volatility.