PANASONIC OTC Stock Market Value

PCRFF
 Stock
  

USD 9.26  0.26  2.89%   

PANASONIC CORP's market value is the price at which a share of PANASONIC CORP stock trades on a public exchange. It measures the collective expectations of PANASONIC CORP investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of PANASONIC CORP and determine expected loss or profit from investing in PANASONIC CORP over a given investment horizon. Please check PANASONIC CORP Correlation, PANASONIC CORP Volatility and PANASONIC CORP Alpha and Beta module to complement your research on PANASONIC CORP.
Symbol


Please note, there is a significant difference between PANASONIC CORP's value and its price as these two are different measures arrived at by different means. Investors typically determine PANASONIC CORP value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PANASONIC CORP'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.

PANASONIC CORP '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 PANASONIC CORP's otc 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 PANASONIC CORP.
0.00
01/08/2021
No Change 0.00  0.0 
In 1 year 10 months and 21 days
11/29/2022
0.00
If you would invest  0.00  in PANASONIC CORP on January 8, 2021 and sell it all today you would earn a total of 0.00 from holding PANASONIC CORP or generate 0.0% return on investment in PANASONIC CORP over 690 days. PANASONIC CORP is related to or competes with Apple, Samsung Elec, and Air Products. Panasonic Holdings Corporation, together with its subsidiaries, develops, manufactures, sells, and services various elec... More

PANASONIC CORP 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 PANASONIC CORP's otc 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 PANASONIC CORP upside and downside potential and time the market with a certain degree of confidence.

PANASONIC CORP Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for PANASONIC CORP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PANASONIC CORP's standard deviation. In reality, there are many statistical measures that can use PANASONIC CORP historical prices to predict the future PANASONIC CORP's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of PANASONIC CORP'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. Please use the tools below to analyze the current value of PANASONIC CORP in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
6.369.2712.18
Details
Intrinsic
Valuation
LowReal ValueHigh
4.387.2910.20
Details
Naive
Forecast
LowNext ValueHigh
6.068.9711.88
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.178.729.27
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as PANASONIC CORP. Your research has to be compared to or analyzed against PANASONIC CORP's peers to derive any actionable benefits. When done correctly, PANASONIC CORP's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in PANASONIC CORP.

PANASONIC CORP Backtested Returns

PANASONIC CORP appears to be somewhat reliable, given 3 months investment horizon. PANASONIC CORP maintains Sharpe Ratio (i.e., Efficiency) of 0.0959, which implies the company had 0.0959% of return per unit of volatility over the last 3 months. Our viewpoint regarding forecasting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for PANASONIC CORP, which you can use to evaluate the future volatility of the entity. Please evaluate PANASONIC CORP's market risk adjusted performance of (0.35), and Coefficient Of Variation of 1629.43 to confirm if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, PANASONIC CORP holds a performance score of 7. The firm holds a Beta of -0.4585, which implies possible diversification benefits within a given portfolio. Let's try to break down what PANASONIC's beta means in this case. As returns on the market increase, returns on owning PANASONIC CORP are expected to decrease at a much lower rate. During the bear market, PANASONIC CORP is likely to outperform the market. Although it is vital to follow PANASONIC CORP current trending patterns, it is good to be conservative about what you can do with the information regarding equity existing price patterns. The way of forecasting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating PANASONIC CORP technical indicators, you can today evaluate if the expected return of 0.28% will be sustainable into the future. Please employ PANASONIC CORP semi variance, rate of daily change, and the relationship between the value at risk and kurtosis to make a quick decision on whether PANASONIC CORP historical price patterns will revert.

Auto-correlation

    
  0.42  

Average predictability

PANASONIC CORP has average predictability. Overlapping area represents the amount of predictability between PANASONIC CORP time series from 8th of January 2021 to 19th of December 2021 and 19th of December 2021 to 29th of November 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PANASONIC CORP price movement. The serial correlation of 0.42 indicates that just about 42.0% of current PANASONIC CORP price fluctuation can be explain by its past prices.
Correlation Coefficient0.42
Spearman Rank Test0.39
Residual Average0.0
Price Variance1.27

PANASONIC CORP lagged returns against current returns

Autocorrelation, which is PANASONIC CORP otc 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 PANASONIC CORP's otc stock expected returns. We can calculate the autocorrelation of PANASONIC CORP returns to help us make a trade decision. For example, suppose you find that PANASONIC CORP otc stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

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

PANASONIC CORP Lagged Returns

When evaluating PANASONIC CORP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PANASONIC CORP otc stock have on its future price. PANASONIC CORP 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, PANASONIC CORP autocorrelation shows the relationship between PANASONIC CORP otc stock current value and its past values and can show if there is a momentum factor associated with investing in PANASONIC CORP.
   Regressed Prices   
Share
       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 PANASONIC CORP 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, PANASONIC CORP's short interest history, or implied volatility extrapolated from PANASONIC CORP options trading.

Currently Active Assets on Macroaxis

Please check PANASONIC CORP Correlation, PANASONIC CORP Volatility and PANASONIC CORP Alpha and Beta module to complement your research on PANASONIC CORP. Note that the PANASONIC CORP information on this page should be used as a complementary analysis to other PANASONIC CORP's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for PANASONIC OTC Stock analysis

When running PANASONIC CORP price analysis, check to measure PANASONIC CORP'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 PANASONIC CORP is operating at the current time. Most of PANASONIC CORP's value examination focuses on studying past and present price action to predict the probability of PANASONIC CORP's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move PANASONIC CORP's price. Additionally, you may evaluate how the addition of PANASONIC CORP to your portfolios can decrease your overall portfolio volatility.
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PANASONIC CORP technical otc 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, otc market cycles, or different charting patterns.
A focus of PANASONIC CORP technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of PANASONIC CORP trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...