PFIZER DRN (Brazil) Market Value

PFIZ34
  

BRL 66.99  2.20  3.40%   

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

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

PFIZER DRN '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 PFIZER DRN'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 PFIZER DRN.
0.00
10/29/2022
No Change 0.00  0.0 
In 31 days
11/28/2022
0.00
If you would invest  0.00  in PFIZER DRN on October 29, 2022 and sell it all today you would earn a total of 0.00 from holding PFIZER DRN or generate 0.0% return on investment in PFIZER DRN over 30 days. PFIZER DRN is related to or competes with AMGEN DRN, DIMED ON, AURA 360, MUNDIAL ON, ABC BRASIL, and PETRORIO. Pfizer Inc. discovers, develops, manufactures, markets, distributes, and sells biopharmaceutical products worldwide More

PFIZER DRN 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 PFIZER DRN'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 PFIZER DRN upside and downside potential and time the market with a certain degree of confidence.

PFIZER DRN Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for PFIZER DRN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PFIZER DRN's standard deviation. In reality, there are many statistical measures that can use PFIZER DRN historical prices to predict the future PFIZER DRN's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of PFIZER DRN'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 PFIZER DRN in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
64.8066.9969.18
Details
Intrinsic
Valuation
LowReal ValueHigh
61.4963.6873.69
Details
Naive
Forecast
LowNext ValueHigh
64.6166.8068.99
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
57.6962.5667.43
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as PFIZER DRN. Your research has to be compared to or analyzed against PFIZER DRN's peers to derive any actionable benefits. When done correctly, PFIZER DRN'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 PFIZER DRN.

PFIZER DRN Backtested Returns

PFIZER DRN appears to be very steady, given 3 months investment horizon. PFIZER DRN maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had 0.12% 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-one technical indicators for PFIZER DRN, which you can use to evaluate the future volatility of the company. Please evaluate PFIZER DRN's semi deviation of 1.9, and Risk Adjusted Performance of 0.0848 to confirm if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, PFIZER DRN holds a performance score of 8. The company holds a Beta of 0.2299, which implies not very significant fluctuations relative to the market. Let's try to break down what PFIZER's beta means in this case. As returns on the market increase, PFIZER DRN returns are expected to increase less than the market. However, during the bear market, the loss on holding PFIZER DRN will be expected to be smaller as well. Although it is vital to follow PFIZER DRN 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 PFIZER DRN technical indicators, you can today evaluate if the expected return of 0.26% will be sustainable into the future. Please employ PFIZER DRN standard deviation, treynor ratio, downside variance, as well as the relationship between the information ratio and value at risk to make a quick decision on whether PFIZER DRN historical price patterns will revert.

Auto-correlation

    
  0.52  

Modest predictability

PFIZER DRN has modest predictability. Overlapping area represents the amount of predictability between PFIZER DRN time series from 29th of October 2022 to 13th of November 2022 and 13th of November 2022 to 28th 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 PFIZER DRN price movement. The serial correlation of 0.52 indicates that about 52.0% of current PFIZER DRN price fluctuation can be explain by its past prices.
Correlation Coefficient0.52
Spearman Rank Test0.83
Residual Average0.0
Price Variance0.95

PFIZER DRN lagged returns against current returns

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

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

PFIZER DRN Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in PFIZER DRN without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check PFIZER DRN Correlation, PFIZER DRN Volatility and PFIZER DRN Alpha and Beta module to complement your research on PFIZER DRN. Note that the PFIZER DRN information on this page should be used as a complementary analysis to other PFIZER DRN'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running PFIZER DRN price analysis, check to measure PFIZER DRN'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 PFIZER DRN is operating at the current time. Most of PFIZER DRN's value examination focuses on studying past and present price action to predict the probability of PFIZER DRN's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move PFIZER DRN's price. Additionally, you may evaluate how the addition of PFIZER DRN to your portfolios can decrease your overall portfolio volatility.
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PFIZER DRN 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.
A focus of PFIZER DRN technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of PFIZER DRN 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...