PTT OILRETBUS (Germany) Market Value
| 7F80 Stock | EUR 0.37 0.01 2.63% |
| Symbol | PTT |
PTT OILRETBUS '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 PTT OILRETBUS'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 PTT OILRETBUS.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in PTT OILRETBUS on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding PTT OILRETBUS NVDR 10 or generate 0.0% return on investment in PTT OILRETBUS over 30 days. PTT OILRETBUS is related to or competes with JAPAN TOBACCO, Insurance Australia, Zurich Insurance, Direct Line, Reinsurance Group, SBI Insurance, and HANOVER INSURANCE. PTT Oil and Retail Business Public Company Limited, together with its subsidiaries, engages in the retail and commercial... More
PTT OILRETBUS 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 PTT OILRETBUS'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 PTT OILRETBUS NVDR 10 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 10.41 | |||
| Value At Risk | (2.63) | |||
| Potential Upside | 2.7 |
PTT OILRETBUS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PTT OILRETBUS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PTT OILRETBUS's standard deviation. In reality, there are many statistical measures that can use PTT OILRETBUS historical prices to predict the future PTT OILRETBUS's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | 10.01 |
PTT OILRETBUS NVDR Backtested Returns
PTT OILRETBUS NVDR 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. PTT OILRETBUS NVDR exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PTT OILRETBUS's Risk Adjusted Performance of (0.06), market risk adjusted performance of 10.02, and Coefficient Of Variation of (1,118) to confirm the risk estimate we provide. The company holds a Beta of -0.0212, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PTT OILRETBUS are expected to decrease at a much lower rate. During the bear market, PTT OILRETBUS is likely to outperform the market. At this point, PTT OILRETBUS NVDR has a negative expected return of -0.24%. Please make sure to check PTT OILRETBUS's information ratio, total risk alpha, potential upside, as well as the relationship between the jensen alpha and treynor ratio , to decide if PTT OILRETBUS NVDR performance from the past will be repeated at some future point.
Auto-correlation | 0.05 |
Virtually no predictability
PTT OILRETBUS NVDR 10 has virtually no predictability. Overlapping area represents the amount of predictability between PTT OILRETBUS time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 PTT OILRETBUS NVDR price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current PTT OILRETBUS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PTT OILRETBUS NVDR lagged returns against current returns
Autocorrelation, which is PTT OILRETBUS 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 PTT OILRETBUS's stock expected returns. We can calculate the autocorrelation of PTT OILRETBUS returns to help us make a trade decision. For example, suppose you find that PTT OILRETBUS 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 |
PTT OILRETBUS 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 PTT OILRETBUS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PTT OILRETBUS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PTT OILRETBUS stock over time.
Current vs Lagged Prices |
| Timeline |
PTT OILRETBUS Lagged Returns
When evaluating PTT OILRETBUS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PTT OILRETBUS stock have on its future price. PTT OILRETBUS 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, PTT OILRETBUS autocorrelation shows the relationship between PTT OILRETBUS stock current value and its past values and can show if there is a momentum factor associated with investing in PTT OILRETBUS NVDR 10.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in PTT Stock
PTT OILRETBUS financial ratios help investors to determine whether PTT 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 PTT with respect to the benefits of owning PTT OILRETBUS security.