POLAR POWER (Germany) Market Value
| PPW Stock | EUR 2.88 0.00 0.00% |
| Symbol | POLAR |
POLAR POWER '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 POLAR POWER'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 POLAR POWER.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in POLAR POWER on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding POLAR POWER INC or generate 0.0% return on investment in POLAR POWER over 30 days. POLAR POWER is related to or competes with Superior Plus, SIVERS SEMICONDUCTORS, Norsk Hydro, Reliance Steel, RYOHIN UNSPADR1, Vanguard Funds, and Meli Hotels. Polar Power, Inc. designs, manufactures, and sells direct current , power generators, renewable energy, and cooling syst... More
POLAR POWER 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 POLAR POWER'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 POLAR POWER INC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.53 | |||
| Information Ratio | 0.0457 | |||
| Maximum Drawdown | 57.04 | |||
| Value At Risk | (9.94) | |||
| Potential Upside | 12.64 |
POLAR POWER Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for POLAR POWER's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as POLAR POWER's standard deviation. In reality, there are many statistical measures that can use POLAR POWER historical prices to predict the future POLAR POWER's volatility.| Risk Adjusted Performance | 0.0506 | |||
| Jensen Alpha | 0.333 | |||
| Total Risk Alpha | (0.59) | |||
| Sortino Ratio | 0.0527 | |||
| Treynor Ratio | 0.2851 |
POLAR POWER INC Backtested Returns
POLAR POWER appears to be dangerous, given 3 months investment horizon. POLAR POWER INC maintains Sharpe Ratio (i.e., Efficiency) of 0.0631, which implies the firm had a 0.0631% return per unit of volatility over the last 3 months. By inspecting POLAR POWER's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please evaluate POLAR POWER's semi deviation of 5.44, and Risk Adjusted Performance of 0.0506 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, POLAR POWER holds a performance score of 4. The company holds a Beta of 1.71, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, POLAR POWER will likely underperform. Please check POLAR POWER's total risk alpha, value at risk, expected short fall, as well as the relationship between the treynor ratio and downside variance , to make a quick decision on whether POLAR POWER's historical price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
POLAR POWER INC has no correlation between past and present. Overlapping area represents the amount of predictability between POLAR POWER time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 POLAR POWER INC price movement. The serial correlation of 0.0 indicates that just 0.0% of current POLAR POWER price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
POLAR POWER INC lagged returns against current returns
Autocorrelation, which is POLAR POWER 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 POLAR POWER's stock expected returns. We can calculate the autocorrelation of POLAR POWER returns to help us make a trade decision. For example, suppose you find that POLAR POWER 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 |
POLAR POWER 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 POLAR POWER stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if POLAR POWER stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in POLAR POWER stock over time.
Current vs Lagged Prices |
| Timeline |
POLAR POWER Lagged Returns
When evaluating POLAR POWER's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of POLAR POWER stock have on its future price. POLAR POWER 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, POLAR POWER autocorrelation shows the relationship between POLAR POWER stock current value and its past values and can show if there is a momentum factor associated with investing in POLAR POWER INC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in POLAR Stock
POLAR POWER financial ratios help investors to determine whether POLAR 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 POLAR with respect to the benefits of owning POLAR POWER security.