PORR AG (Austria) Market Value

POS Stock  EUR 14.20  0.14  1.00%   
PORR AG's market value is the price at which a share of PORR AG trades on a public exchange. It measures the collective expectations of PORR AG investors about its performance. PORR AG is trading at 14.20 as of the 28th of March 2024. This is a 1.00% increase since the beginning of the trading day. The stock's open price was 14.06.
With this module, you can estimate the performance of a buy and hold strategy of PORR AG and determine expected loss or profit from investing in PORR AG over a given investment horizon. Check out PORR AG Correlation, PORR AG Volatility and PORR AG Alpha and Beta module to complement your research on PORR AG.
Symbol

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

PORR AG '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 PORR AG'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 PORR AG.
0.00
02/27/2024
No Change 0.00  0.0 
In 30 days
03/28/2024
0.00
If you would invest  0.00  in PORR AG on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding PORR AG or generate 0.0% return on investment in PORR AG over 30 days. PORR AG is related to or competes with Oberbank, Vienna Insurance, CNH Industrial, and Wiener Privatbank. More

PORR AG 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 PORR AG'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 PORR AG upside and downside potential and time the market with a certain degree of confidence.

PORR AG Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for PORR AG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PORR AG's standard deviation. In reality, there are many statistical measures that can use PORR AG historical prices to predict the future PORR AG's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PORR AG'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.
Hype
Prediction
LowEstimatedHigh
12.4614.2015.94
Details
Intrinsic
Valuation
LowRealHigh
12.1213.8615.60
Details
Naive
Forecast
LowNextHigh
13.1714.9216.66
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
14.0214.1514.29
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as PORR AG. Your research has to be compared to or analyzed against PORR AG's peers to derive any actionable benefits. When done correctly, PORR AG's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in PORR AG.

PORR AG Backtested Returns

We consider PORR AG not too volatile. PORR AG maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for PORR AG, which you can use to evaluate the volatility of the company. Please check PORR AG's Market Risk Adjusted Performance of 0.3216, risk adjusted performance of 0.0646, and Semi Deviation of 1.59 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. PORR AG has a performance score of 8 on a scale of 0 to 100. The company holds a Beta of 0.54, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PORR AG's returns are expected to increase less than the market. However, during the bear market, the loss of holding PORR AG is expected to be smaller as well. PORR AG presently holds a risk of 1.74%. Please check PORR AG expected short fall, and the relationship between the value at risk and daily balance of power , to decide if PORR AG will be following its historical price patterns.

Auto-correlation

    
  -0.59  

Good reverse predictability

PORR AG has good reverse predictability. Overlapping area represents the amount of predictability between PORR AG time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 PORR AG price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current PORR AG price fluctuation can be explain by its past prices.
Correlation Coefficient-0.59
Spearman Rank Test-0.58
Residual Average0.0
Price Variance0.21

PORR AG lagged returns against current returns

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

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

PORR AG Lagged Returns

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

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Check out PORR AG Correlation, PORR AG Volatility and PORR AG Alpha and Beta module to complement your research on PORR AG.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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