Pandora A/S (Germany) Market Value

3P7 Stock  EUR 170.20  1.70  1.01%   
Pandora A/S's market value is the price at which a share of Pandora A/S trades on a public exchange. It measures the collective expectations of Pandora AS investors about its performance. Pandora A/S is trading at 170.20 as of the 24th of December 2024. This is a 1.01 percent up since the beginning of the trading day. The stock's lowest day price was 168.35.
With this module, you can estimate the performance of a buy and hold strategy of Pandora AS and determine expected loss or profit from investing in Pandora A/S over a given investment horizon. Check out Pandora A/S Correlation, Pandora A/S Volatility and Pandora A/S Alpha and Beta module to complement your research on Pandora A/S.
Symbol

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

Pandora A/S '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 Pandora A/S'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 Pandora A/S.
0.00
11/24/2024
No Change 0.00  0.0 
In 31 days
12/24/2024
0.00
If you would invest  0.00  in Pandora A/S on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Pandora AS or generate 0.0% return on investment in Pandora A/S over 30 days. Pandora A/S is related to or competes with LVMH Moët, LVMH Mot, LVMH Mot, Herms International, CHRISTIAN DIOR, Christian Dior, and Swatch. Pandora AS designs, manufactures, and markets hand-finished and contemporary jewelry worldwide More

Pandora A/S 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 Pandora A/S'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 Pandora AS upside and downside potential and time the market with a certain degree of confidence.

Pandora A/S Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Pandora A/S's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pandora A/S's standard deviation. In reality, there are many statistical measures that can use Pandora A/S historical prices to predict the future Pandora A/S's volatility.
Hype
Prediction
LowEstimatedHigh
168.26170.20172.14
Details
Intrinsic
Valuation
LowRealHigh
133.52135.46187.22
Details

Pandora A/S Backtested Returns

Pandora A/S appears to be very steady, given 3 months investment horizon. Pandora A/S maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Pandora A/S, which you can use to evaluate the volatility of the company. Please evaluate Pandora A/S's Semi Deviation of 1.69, risk adjusted performance of 0.0778, and Coefficient Of Variation of 1102.64 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pandora A/S holds a performance score of 8. The company holds a Beta of -0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pandora A/S are expected to decrease at a much lower rate. During the bear market, Pandora A/S is likely to outperform the market. Please check Pandora A/S's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Pandora A/S's historical price patterns will revert.

Auto-correlation

    
  0.07  

Virtually no predictability

Pandora AS has virtually no predictability. Overlapping area represents the amount of predictability between Pandora A/S time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th of December 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 Pandora A/S price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Pandora A/S price fluctuation can be explain by its past prices.
Correlation Coefficient0.07
Spearman Rank Test0.07
Residual Average0.0
Price Variance1.52

Pandora A/S lagged returns against current returns

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

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

Pandora A/S Lagged Returns

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

Currently Active Assets on Macroaxis

Other Information on Investing in Pandora Stock

Pandora A/S financial ratios help investors to determine whether Pandora 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 Pandora with respect to the benefits of owning Pandora A/S security.