Porvair Plc (UK) Market Value
| PRV Stock | 654.00 4.00 0.62% |
| 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.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Porvair Plc on December 7, 2023 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 360 days. Porvair Plc is related to or competes with Induction Healthcare, CVS Health, Greenroc Mining, Blackrock World, and Lundin Mining. Porvair Plc is entity of United Kingdom. It is traded as Stock on LSE exchange. 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.
| Downside Deviation | 1.8 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 9.44 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 3.38 |
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 | 0.0345 | |||
| Jensen Alpha | 0.0825 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.30) |
Porvair plc Backtested Returns
At this point, Porvair Plc is very steady. Porvair plc maintains Sharpe Ratio (i.e., Efficiency) of 0.0541, which implies the firm had a 0.0541% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Porvair plc, which you can use to evaluate the volatility of the company. Please check Porvair Plc's Risk Adjusted Performance of 0.0345, coefficient of variation of 2658.65, and Semi Deviation of 1.51 to confirm if the risk estimate we provide is consistent with the expected return of 0.0965%. Porvair Plc has a performance score of 4 on a scale of 0 to 100. The company holds a Beta of -0.19, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Porvair Plc are expected to decrease at a much lower rate. During the bear market, Porvair Plc is likely to outperform the market. Porvair plc right now holds a risk of 1.78%. Please check Porvair plc skewness, day typical price, and the relationship between the downside variance and daily balance of power , to decide if Porvair plc will be following its historical price patterns.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Porvair plc has insignificant reverse predictability. Overlapping area represents the amount of predictability between Porvair Plc time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 Porvair plc price movement. The serial correlation of -0.19 indicates that over 19.0% of current Porvair Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 499.39 |
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.