E Pairis (Greece) Market Value
| PAIR Stock | EUR 1.22 0.02 1.61% |
| Symbol | PAIR |
E Pairis '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 E Pairis' 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 E Pairis.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in E Pairis on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding E Pairis SA or generate 0.0% return on investment in E Pairis over 30 days. E Pairis is related to or competes with Elvalhalcor Hellenic, Elton International, Daios Plastics, Profile Systems, Performance Technologies, Intertech, and Interlife General. Pairis S.A. produces and sells plastic products made of polyethylene, polypropylene, and terepthalic polyethylene in Gre... More
E Pairis 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 E Pairis' 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 E Pairis SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.37 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 16.62 | |||
| Value At Risk | (3.68) | |||
| Potential Upside | 5.83 |
E Pairis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for E Pairis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as E Pairis' standard deviation. In reality, there are many statistical measures that can use E Pairis historical prices to predict the future E Pairis' volatility.| Risk Adjusted Performance | 0.0167 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.031 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of E Pairis' 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.
E Pairis SA Backtested Returns
E Pairis SA secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11% return per unit of risk over the last 3 months. E Pairis SA exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm E Pairis' Downside Deviation of 3.37, semi deviation of 2.49, and Mean Deviation of 1.92 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.02, which means a somewhat significant risk relative to the market. E Pairis returns are very sensitive to returns on the market. As the market goes up or down, E Pairis is expected to follow. E Pairis SA has an expected return of -0.28%. Please make sure to confirm E Pairis SA total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if E Pairis SA performance from the past will be repeated sooner or later.
Auto-correlation | 0.79 |
Good predictability
E Pairis SA has good predictability. Overlapping area represents the amount of predictability between E Pairis time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 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 E Pairis SA price movement. The serial correlation of 0.79 indicates that around 79.0% of current E Pairis price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
E Pairis SA lagged returns against current returns
Autocorrelation, which is E Pairis 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 E Pairis' stock expected returns. We can calculate the autocorrelation of E Pairis returns to help us make a trade decision. For example, suppose you find that E Pairis 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 |
E Pairis 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 E Pairis stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if E Pairis stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in E Pairis stock over time.
Current vs Lagged Prices |
| Timeline |
E Pairis Lagged Returns
When evaluating E Pairis' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of E Pairis stock have on its future price. E Pairis 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, E Pairis autocorrelation shows the relationship between E Pairis stock current value and its past values and can show if there is a momentum factor associated with investing in E Pairis SA.
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 E Pairis 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, E Pairis' short interest history, or implied volatility extrapolated from E Pairis options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as E Pairis SA using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out E Pairis Correlation, E Pairis Volatility and E Pairis Alpha and Beta module to complement your research on E Pairis. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for PAIR Stock analysis
When running E Pairis' price analysis, check to measure E Pairis' 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 E Pairis is operating at the current time. Most of E Pairis' value examination focuses on studying past and present price action to predict the probability of E Pairis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move E Pairis' price. Additionally, you may evaluate how the addition of E Pairis to your portfolios can decrease your overall portfolio volatility.
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