Pescanova (Spain) Market Value

PVA Stock  EUR 0.34  0.01  2.86%   
Pescanova's market value is the price at which a share of Pescanova trades on a public exchange. It measures the collective expectations of Pescanova SA investors about its performance. Pescanova is trading at 0.34 as of the 2nd of March 2025, a 2.86% down since the beginning of the trading day. The stock's open price was 0.35.
With this module, you can estimate the performance of a buy and hold strategy of Pescanova SA and determine expected loss or profit from investing in Pescanova over a given investment horizon. Check out Pescanova Correlation, Pescanova Volatility and Pescanova Alpha and Beta module to complement your research on Pescanova.
Symbol

Please note, there is a significant difference between Pescanova's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pescanova is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pescanova's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Pescanova '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 Pescanova'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 Pescanova.
0.00
03/07/2024
No Change 0.00  0.0 
In 11 months and 27 days
03/02/2025
0.00
If you would invest  0.00  in Pescanova on March 7, 2024 and sell it all today you would earn a total of 0.00 from holding Pescanova SA or generate 0.0% return on investment in Pescanova over 360 days. Pescanova is related to or competes with Squirrel Media, All Iron, Hispanotels Inversiones, Elaia Investment, Cellnex Telecom, Atrys Health, and Atresmedia Corporacin. Pescanova, S.A. through its subsidiaries, engages in the fishing business More

Pescanova 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 Pescanova'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 Pescanova SA upside and downside potential and time the market with a certain degree of confidence.

Pescanova Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Pescanova's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pescanova's standard deviation. In reality, there are many statistical measures that can use Pescanova historical prices to predict the future Pescanova's volatility.
Hype
Prediction
LowEstimatedHigh
0.020.343.16
Details
Intrinsic
Valuation
LowRealHigh
0.010.293.11
Details
Naive
Forecast
LowNextHigh
0.010.343.17
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.330.360.39
Details

Pescanova SA Backtested Returns

Pescanova SA maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the firm had a close to zero % return per unit of risk over the last 3 months. Pescanova SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pescanova's Coefficient Of Variation of (2,218), risk adjusted performance of (0.03), and Variance of 8.13 to confirm the risk estimate we provide. The company holds a Beta of 0.34, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pescanova's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pescanova is expected to be smaller as well. At this point, Pescanova SA has a negative expected return of -0.0071%. Please make sure to check Pescanova's daily balance of power, market facilitation index, and the relationship between the kurtosis and day median price , to decide if Pescanova SA performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.42  

Modest reverse predictability

Pescanova SA has modest reverse predictability. Overlapping area represents the amount of predictability between Pescanova time series from 7th of March 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Pescanova SA price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Pescanova price fluctuation can be explain by its past prices.
Correlation Coefficient-0.42
Spearman Rank Test-0.27
Residual Average0.0
Price Variance0.0

Pescanova SA lagged returns against current returns

Autocorrelation, which is Pescanova 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 Pescanova's stock expected returns. We can calculate the autocorrelation of Pescanova returns to help us make a trade decision. For example, suppose you find that Pescanova 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  

Pescanova 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 Pescanova stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pescanova stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pescanova stock over time.
   Current vs Lagged Prices   
       Timeline  

Pescanova Lagged Returns

When evaluating Pescanova's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pescanova stock have on its future price. Pescanova 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, Pescanova autocorrelation shows the relationship between Pescanova stock current value and its past values and can show if there is a momentum factor associated with investing in Pescanova SA.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Pescanova Stock

Pescanova financial ratios help investors to determine whether Pescanova 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 Pescanova with respect to the benefits of owning Pescanova security.