Porvair Plc (UK) Market Value
| PRV Stock | 632.00 42.00 6.23% |
| Symbol | Porvair |
Porvair Plc '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 Porvair Plc'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 Porvair Plc.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Porvair Plc on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Porvair plc or generate 0.0% return on investment in Porvair Plc over 90 days. Porvair Plc is related to or competes with Gamma Communications, MusicMagpie PLC, Charter Communications, Gear4music (Holdings), Zegona Communications, Mobile Tornado, and United Internet. More
Porvair Plc 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 Porvair Plc'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 Porvair plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0133 | |||
| Maximum Drawdown | 11.53 | |||
| Value At Risk | (3.66) | |||
| Potential Upside | 3.22 |
Porvair Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Porvair Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Porvair Plc's standard deviation. In reality, there are many statistical measures that can use Porvair Plc historical prices to predict the future Porvair Plc's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | 0.1774 | |||
| Treynor Ratio | (0.46) |
Porvair plc Backtested Returns
Porvair plc maintains Sharpe Ratio (i.e., Efficiency) of -0.0346, which implies the firm had a -0.0346 % return per unit of risk over the last 3 months. Porvair plc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Porvair Plc's Risk Adjusted Performance of (0.02), coefficient of variation of (2,892), and Variance of 4.27 to confirm the risk estimate we provide. The company holds a Beta of 0.18, which implies not very significant fluctuations relative to the market. As returns on the market increase, Porvair Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Porvair Plc is expected to be smaller as well. At this point, Porvair plc has a negative expected return of -0.0715%. Please make sure to check Porvair Plc's daily balance of power, and the relationship between the skewness and day typical price , to decide if Porvair plc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.65 |
Good predictability
Porvair plc has good predictability. Overlapping area represents the amount of predictability between Porvair Plc time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Porvair plc price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Porvair Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 455.59 |
Porvair plc lagged returns against current returns
Autocorrelation, which is Porvair Plc 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 Porvair Plc's stock expected returns. We can calculate the autocorrelation of Porvair Plc returns to help us make a trade decision. For example, suppose you find that Porvair Plc 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 |
Porvair Plc 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 Porvair Plc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Porvair Plc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Porvair Plc stock over time.
Current vs Lagged Prices |
| Timeline |
Porvair Plc Lagged Returns
When evaluating Porvair Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Porvair Plc stock have on its future price. Porvair Plc 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, Porvair Plc autocorrelation shows the relationship between Porvair Plc stock current value and its past values and can show if there is a momentum factor associated with investing in Porvair plc.
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 Porvair Stock
Porvair Plc financial ratios help investors to determine whether Porvair 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 Porvair with respect to the benefits of owning Porvair Plc security.