PPG Industries (Germany) Market Value
| PPQ Stock | 101.85 0.35 0.34% |
| Symbol | PPG |
PPG Industries '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 PPG Industries' 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 PPG Industries.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in PPG Industries on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding PPG Industries or generate 0.0% return on investment in PPG Industries over 90 days. PPG Industries is related to or competes with Global Ship, ADRIATIC METALS, DISTRICT METALS, WILLIS LEASE, and SHELF DRILLING. More
PPG Industries 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 PPG Industries' 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 PPG Industries upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 8.17 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 2.31 |
PPG Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PPG Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PPG Industries' standard deviation. In reality, there are many statistical measures that can use PPG Industries historical prices to predict the future PPG Industries' volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | 5.0E-4 | |||
| Treynor Ratio | (0.63) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PPG Industries' 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.
PPG Industries Backtested Returns
PPG Industries maintains Sharpe Ratio (i.e., Efficiency) of -0.16, which implies the firm had a -0.16 % return per unit of volatility over the last 3 months. PPG Industries exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PPG Industries' coefficient of variation of (690.77), and Risk Adjusted Performance of (0.12) to confirm the risk estimate we provide. The company holds a Beta of 0.33, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PPG Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding PPG Industries is expected to be smaller as well. At this point, PPG Industries has a negative expected return of -0.22%. Please make sure to check PPG Industries' kurtosis, and the relationship between the maximum drawdown and day median price , to decide if PPG Industries performance from the past will be repeated at future time.
Auto-correlation | -0.1 |
Very weak reverse predictability
PPG Industries has very weak reverse predictability. Overlapping area represents the amount of predictability between PPG Industries time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 PPG Industries price movement. The serial correlation of -0.1 indicates that less than 10.0% of current PPG Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 11.16 |
PPG Industries lagged returns against current returns
Autocorrelation, which is PPG Industries 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 PPG Industries' stock expected returns. We can calculate the autocorrelation of PPG Industries returns to help us make a trade decision. For example, suppose you find that PPG Industries 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 |
PPG Industries 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 PPG Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PPG Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PPG Industries stock over time.
Current vs Lagged Prices |
| Timeline |
PPG Industries Lagged Returns
When evaluating PPG Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PPG Industries stock have on its future price. PPG Industries 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, PPG Industries autocorrelation shows the relationship between PPG Industries stock current value and its past values and can show if there is a momentum factor associated with investing in PPG Industries.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for PPG Stock Analysis
When running PPG Industries' price analysis, check to measure PPG Industries' 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 PPG Industries is operating at the current time. Most of PPG Industries' value examination focuses on studying past and present price action to predict the probability of PPG Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PPG Industries' price. Additionally, you may evaluate how the addition of PPG Industries to your portfolios can decrease your overall portfolio volatility.