ATP 30 (Thailand) Market Value
| ATP30 Stock | THB 0.99 0.03 2.94% |
| Symbol | ATP |
ATP 30 '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 ATP 30'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 ATP 30.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in ATP 30 on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding ATP 30 Public or generate 0.0% return on investment in ATP 30 over 30 days. ATP 30 is related to or competes with Dynasty Ceramic, Filter Vision, East Coast, and Asia Green. ATP 30 Public Company Limited provides transport services in Thailand More
ATP 30 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 ATP 30'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 ATP 30 Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.46 | |||
| Information Ratio | 0.0129 | |||
| Maximum Drawdown | 13.6 | |||
| Value At Risk | (2.97) | |||
| Potential Upside | 6.38 |
ATP 30 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ATP 30's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ATP 30's standard deviation. In reality, there are many statistical measures that can use ATP 30 historical prices to predict the future ATP 30's volatility.| Risk Adjusted Performance | 0.0537 | |||
| Jensen Alpha | 0.0375 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0127 | |||
| Treynor Ratio | 0.1542 |
ATP 30 Public Backtested Returns
At this point, ATP 30 is dangerous. ATP 30 Public secures Sharpe Ratio (or Efficiency) of 0.0672, which signifies that the company had a 0.0672% return per unit of risk over the last 3 months. We have found thirty technical indicators for ATP 30 Public, which you can use to evaluate the volatility of the firm. Please confirm ATP 30's mean deviation of 1.49, and Risk Adjusted Performance of 0.0537 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. ATP 30 has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.94, which signifies possible diversification benefits within a given portfolio. ATP 30 returns are very sensitive to returns on the market. As the market goes up or down, ATP 30 is expected to follow. ATP 30 Public currently shows a risk of 2.5%. Please confirm ATP 30 Public total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if ATP 30 Public will be following its price patterns.
Auto-correlation | 0.30 |
Below average predictability
ATP 30 Public has below average predictability. Overlapping area represents the amount of predictability between ATP 30 time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 ATP 30 Public price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current ATP 30 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ATP 30 Public lagged returns against current returns
Autocorrelation, which is ATP 30 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 ATP 30's stock expected returns. We can calculate the autocorrelation of ATP 30 returns to help us make a trade decision. For example, suppose you find that ATP 30 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 |
ATP 30 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 ATP 30 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ATP 30 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ATP 30 stock over time.
Current vs Lagged Prices |
| Timeline |
ATP 30 Lagged Returns
When evaluating ATP 30's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ATP 30 stock have on its future price. ATP 30 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, ATP 30 autocorrelation shows the relationship between ATP 30 stock current value and its past values and can show if there is a momentum factor associated with investing in ATP 30 Public.
Regressed Prices |
| Timeline |
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ATP 30 financial ratios help investors to determine whether ATP 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 ATP with respect to the benefits of owning ATP 30 security.