Persimmon Plc Stock Market Value
| PSMMY Stock | USD 31.93 0.34 1.08% |
| Symbol | Persimmon |
Persimmon 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 Persimmon Plc's pink sheet 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 Persimmon Plc.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Persimmon Plc on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Persimmon Plc or generate 0.0% return on investment in Persimmon Plc over 30 days. Persimmon Plc is related to or competes with Taylor Wimpey, Barratt Developments, Barratt Developments, Consorcio ARA, Taylor Wimpey, Cyrela Brazil, and Persimmon PLC. Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom More
Persimmon 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 Persimmon Plc's pink sheet 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 Persimmon Plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 12.32 | |||
| Value At Risk | (3.46) | |||
| Potential Upside | 2.75 |
Persimmon Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Persimmon Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Persimmon Plc's standard deviation. In reality, there are many statistical measures that can use Persimmon Plc historical prices to predict the future Persimmon Plc's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.78) | |||
| Treynor Ratio | (3.52) |
Persimmon Plc Backtested Returns
Persimmon Plc maintains Sharpe Ratio (i.e., Efficiency) of -0.2, which implies the firm had a -0.2% return per unit of risk over the last 3 months. Persimmon Plc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Persimmon Plc's Variance of 4.47, risk adjusted performance of (0.14), and Coefficient Of Variation of (508.60) to confirm the risk estimate we provide. The company holds a Beta of 0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, Persimmon Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Persimmon Plc is expected to be smaller as well. At this point, Persimmon Plc has a negative expected return of -0.42%. Please make sure to check Persimmon Plc's maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Persimmon Plc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Persimmon Plc has insignificant reverse predictability. Overlapping area represents the amount of predictability between Persimmon Plc time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 Persimmon Plc price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Persimmon Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Persimmon Plc lagged returns against current returns
Autocorrelation, which is Persimmon Plc pink sheet'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 Persimmon Plc's pink sheet expected returns. We can calculate the autocorrelation of Persimmon Plc returns to help us make a trade decision. For example, suppose you find that Persimmon Plc has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Persimmon 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 Persimmon Plc pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Persimmon Plc pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Persimmon Plc pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Persimmon Plc Lagged Returns
When evaluating Persimmon Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Persimmon Plc pink sheet have on its future price. Persimmon 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, Persimmon Plc autocorrelation shows the relationship between Persimmon Plc pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Persimmon Plc.
Regressed Prices |
| Timeline |
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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.Additional Tools for Persimmon Pink Sheet Analysis
When running Persimmon Plc's price analysis, check to measure Persimmon Plc'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 Persimmon Plc is operating at the current time. Most of Persimmon Plc's value examination focuses on studying past and present price action to predict the probability of Persimmon Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Persimmon Plc's price. Additionally, you may evaluate how the addition of Persimmon Plc to your portfolios can decrease your overall portfolio volatility.