Ppl Corporation Stock Market Value
| PPL Stock | USD 28.35 0.26 0.93% |
| Symbol | PPL |
Is PPL's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PPL. If investors know PPL will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PPL listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of PPL Corporation is measured differently than its book value, which is the value of PPL that is recorded on the company's balance sheet. Investors also form their own opinion of PPL's value that differs from its market value or its book value, called intrinsic value, which is PPL's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PPL's market value can be influenced by many factors that don't directly affect PPL's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PPL's value and its price as these two are different measures arrived at by different means. Investors typically determine if PPL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PPL'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.
PPL '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 PPL'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 PPL.
| 04/07/2024 |
| 05/07/2024 |
If you would invest 0.00 in PPL on April 7, 2024 and sell it all today you would earn a total of 0.00 from holding PPL Corporation or generate 0.0% return on investment in PPL over 30 days. PPL is related to or competes with Public Service, FirstEnergy, Exelon, Southern, and American Electric. PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kin... More
PPL 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 PPL'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 PPL Corporation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.974 | |||
| Information Ratio | 0.098 | |||
| Maximum Drawdown | 5.3 | |||
| Value At Risk | (1.59) | |||
| Potential Upside | 1.89 |
PPL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PPL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PPL's standard deviation. In reality, there are many statistical measures that can use PPL historical prices to predict the future PPL's volatility.| Risk Adjusted Performance | 0.1101 | |||
| Jensen Alpha | 0.1553 | |||
| Total Risk Alpha | 0.0585 | |||
| Sortino Ratio | 0.1056 | |||
| Treynor Ratio | 0.8558 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PPL'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.
PPL Corporation Backtested Returns
We consider PPL very steady. PPL Corporation maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the firm had a 0.17% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for PPL Corporation, which you can use to evaluate the volatility of the company. Please check PPL's semi deviation of 0.7518, and Risk Adjusted Performance of 0.1101 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. PPL has a performance score of 13 on a scale of 0 to 100. The company holds a Beta of 0.2, which implies not very significant fluctuations relative to the market. As returns on the market increase, PPL's returns are expected to increase less than the market. However, during the bear market, the loss of holding PPL is expected to be smaller as well. PPL Corporation currently holds a risk of 1.05%. Please check PPL Corporation expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if PPL Corporation will be following its historical price patterns.
Auto-correlation | 0.01 |
Virtually no predictability
PPL Corporation has virtually no predictability. Overlapping area represents the amount of predictability between PPL time series from 7th of April 2024 to 22nd of April 2024 and 22nd of April 2024 to 7th of May 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 PPL Corporation price movement. The serial correlation of 0.01 indicates that just 1.0% of current PPL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
PPL Corporation lagged returns against current returns
Autocorrelation, which is PPL 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 PPL's stock expected returns. We can calculate the autocorrelation of PPL returns to help us make a trade decision. For example, suppose you find that PPL 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 |
PPL 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 PPL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PPL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PPL stock over time.
Current vs Lagged Prices |
| Timeline |
PPL Lagged Returns
When evaluating PPL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PPL stock have on its future price. PPL 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, PPL autocorrelation shows the relationship between PPL stock current value and its past values and can show if there is a momentum factor associated with investing in PPL Corporation.
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 PPL 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, PPL's short interest history, or implied volatility extrapolated from PPL options trading.
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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as PPL Corporation 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
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Check out PPL Correlation, PPL Volatility and PPL Alpha and Beta module to complement your research on PPL. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for PPL Stock analysis
When running PPL's price analysis, check to measure PPL'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 PPL is operating at the current time. Most of PPL's value examination focuses on studying past and present price action to predict the probability of PPL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PPL's price. Additionally, you may evaluate how the addition of PPL to your portfolios can decrease your overall portfolio volatility.
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PPL 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.