Castle Peak (Thailand) Market Value
| CPH Stock | THB 9.50 0.40 4.04% |
| Symbol | Castle |
Castle Peak '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 Castle Peak'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 Castle Peak.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in Castle Peak on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding Castle Peak Holdings or generate 0.0% return on investment in Castle Peak over 480 days. Castle Peak is related to or competes with Chumporn Palm, CPL Group, Asia Fiber, Chiangmai Frozen, and Boutique Newcity. Castle Peak Holdings Public Company Limited, together with its subsidiaries, manufactures and exports garments in Thaila... More
Castle Peak 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 Castle Peak'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 Castle Peak Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 16.99 | |||
| Value At Risk | (7.60) | |||
| Potential Upside | 3.88 |
Castle Peak Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Castle Peak's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Castle Peak's standard deviation. In reality, there are many statistical measures that can use Castle Peak historical prices to predict the future Castle Peak's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.85) | |||
| Total Risk Alpha | (1.39) | |||
| Treynor Ratio | 11.04 |
Castle Peak Holdings Backtested Returns
Castle Peak Holdings secures Sharpe Ratio (or Efficiency) of -0.29, which signifies that the company had a -0.29% return per unit of risk over the last 3 months. Castle Peak Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Castle Peak's Standard Deviation of 3.35, risk adjusted performance of (0.18), and Mean Deviation of 2.44 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0777, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Castle Peak are expected to decrease at a much lower rate. During the bear market, Castle Peak is likely to outperform the market. At this point, Castle Peak Holdings has a negative expected return of -0.91%. Please make sure to confirm Castle Peak's potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Castle Peak Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.06 |
Very weak reverse predictability
Castle Peak Holdings has very weak reverse predictability. Overlapping area represents the amount of predictability between Castle Peak time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th 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 Castle Peak Holdings price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Castle Peak price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 8.48 |
Castle Peak Holdings lagged returns against current returns
Autocorrelation, which is Castle Peak 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 Castle Peak's stock expected returns. We can calculate the autocorrelation of Castle Peak returns to help us make a trade decision. For example, suppose you find that Castle Peak 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 |
Castle Peak 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 Castle Peak stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Castle Peak stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Castle Peak stock over time.
Current vs Lagged Prices |
| Timeline |
Castle Peak Lagged Returns
When evaluating Castle Peak's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Castle Peak stock have on its future price. Castle Peak 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, Castle Peak autocorrelation shows the relationship between Castle Peak stock current value and its past values and can show if there is a momentum factor associated with investing in Castle Peak Holdings.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Castle Stock
Castle Peak financial ratios help investors to determine whether Castle 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 Castle with respect to the benefits of owning Castle Peak security.