Payton Planar (Belgium) Market Value
| PAY Stock | EUR 7.80 0.10 1.27% |
| Symbol | Payton |
Payton Planar '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 Payton Planar'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 Payton Planar.
| 05/15/2022 |
| 05/04/2024 |
If you would invest 0.00 in Payton Planar on May 15, 2022 and sell it all today you would earn a total of 0.00 from holding Payton Planar Magnetics or generate 0.0% return on investment in Payton Planar over 720 days. Payton Planar is related to or competes with Tessenderlo, Jensen, Melexis NV, Sipef NV, and EVS Broadcast. Payton Planar Magnetics Ltd., together with its subsidiaries, develops, manufactures, and markets planar and conventiona... More
Payton Planar 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 Payton Planar'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 Payton Planar Magnetics upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.64 | |||
| Information Ratio | 0.0728 | |||
| Maximum Drawdown | 19.94 | |||
| Value At Risk | (4.73) | |||
| Potential Upside | 5.33 |
Payton Planar Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Payton Planar's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Payton Planar's standard deviation. In reality, there are many statistical measures that can use Payton Planar historical prices to predict the future Payton Planar's volatility.| Risk Adjusted Performance | 0.0665 | |||
| Jensen Alpha | 0.2679 | |||
| Total Risk Alpha | 0.053 | |||
| Sortino Ratio | 0.0828 | |||
| Treynor Ratio | (2.66) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Payton Planar's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Payton Planar Magnetics Backtested Returns
Payton Planar appears to be slightly risky, given 3 months investment horizon. Payton Planar Magnetics maintains Sharpe Ratio (i.e., Efficiency) of 0.0905, which implies the firm had a 0.0905% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Payton Planar Magnetics, which you can use to evaluate the volatility of the company. Please evaluate Payton Planar's Risk Adjusted Performance of 0.0665, coefficient of variation of 1096.13, and Semi Deviation of 1.9 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Payton Planar holds a performance score of 7. The company holds a Beta of -0.0991, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Payton Planar are expected to decrease at a much lower rate. During the bear market, Payton Planar is likely to outperform the market. Please check Payton Planar's maximum drawdown, potential upside, semi variance, as well as the relationship between the value at risk and downside variance , to make a quick decision on whether Payton Planar's historical price patterns will revert.
Auto-correlation | -0.4 |
Poor reverse predictability
Payton Planar Magnetics has poor reverse predictability. Overlapping area represents the amount of predictability between Payton Planar time series from 15th of May 2022 to 10th of May 2023 and 10th of May 2023 to 4th of May 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 Payton Planar Magnetics price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Payton Planar price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.68 |
Payton Planar Magnetics lagged returns against current returns
Autocorrelation, which is Payton Planar 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 Payton Planar's stock expected returns. We can calculate the autocorrelation of Payton Planar returns to help us make a trade decision. For example, suppose you find that Payton Planar 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 |
Payton Planar 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 Payton Planar stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Payton Planar stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Payton Planar stock over time.
Current vs Lagged Prices |
| Timeline |
Payton Planar Lagged Returns
When evaluating Payton Planar's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Payton Planar stock have on its future price. Payton Planar 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, Payton Planar autocorrelation shows the relationship between Payton Planar stock current value and its past values and can show if there is a momentum factor associated with investing in Payton Planar Magnetics.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Payton Planar in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Payton Planar's short interest history, or implied volatility extrapolated from Payton Planar options trading.
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Check out Payton Planar Correlation, Payton Planar Volatility and Payton Planar Alpha and Beta module to complement your research on Payton Planar. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Payton Stock analysis
When running Payton Planar's price analysis, check to measure Payton Planar'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 Payton Planar is operating at the current time. Most of Payton Planar's value examination focuses on studying past and present price action to predict the probability of Payton Planar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Payton Planar's price. Additionally, you may evaluate how the addition of Payton Planar to your portfolios can decrease your overall portfolio volatility.
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Payton Planar technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.