CPL Group (Thailand) Market Value
| CPL Stock | THB 1.28 0.01 0.79% |
| Symbol | CPL |
CPL Group '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 CPL Group'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 CPL Group.
| 04/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in CPL Group on April 6, 2024 and sell it all today you would earn a total of 0.00 from holding CPL Group Public or generate 0.0% return on investment in CPL Group over 240 days. CPL Group is related to or competes with Castle Peak, Chumporn Palm, Boutique Newcity, Crown Seal, and Chiangmai Frozen. CPL Group Public Company Limited manufactures and distributes leather products in Thailand More
CPL Group 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 CPL Group'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 CPL Group Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 16.59 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 2.31 |
CPL Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CPL Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CPL Group's standard deviation. In reality, there are many statistical measures that can use CPL Group historical prices to predict the future CPL Group's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.43) | |||
| Total Risk Alpha | (0.85) | |||
| Treynor Ratio | 2.55 |
CPL Group Public Backtested Returns
CPL Group is out of control given 3 months investment horizon. CPL Group Public secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of return volatility over the last 3 months. We were able to break down and interpolate twenty-three different technical indicators, which can help you to evaluate if expected returns of 15.39% are justified by taking the suggested risk. Use CPL Group Coefficient Of Variation of (544.95), risk adjusted performance of (0.13), and Mean Deviation of 1.49 to evaluate company specific risk that cannot be diversified away. CPL Group holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CPL Group are expected to decrease at a much lower rate. During the bear market, CPL Group is likely to outperform the market. Use CPL Group treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to analyze future returns on CPL Group.
Auto-correlation | -0.02 |
Very weak reverse predictability
CPL Group Public has very weak reverse predictability. Overlapping area represents the amount of predictability between CPL Group time series from 6th of April 2024 to 4th of August 2024 and 4th of August 2024 to 2nd 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 CPL Group Public price movement. The serial correlation of -0.02 indicates that only 2.0% of current CPL Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
CPL Group Public lagged returns against current returns
Autocorrelation, which is CPL Group 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 CPL Group's stock expected returns. We can calculate the autocorrelation of CPL Group returns to help us make a trade decision. For example, suppose you find that CPL Group 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 |
CPL Group 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 CPL Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CPL Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CPL Group stock over time.
Current vs Lagged Prices |
| Timeline |
CPL Group Lagged Returns
When evaluating CPL Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CPL Group stock have on its future price. CPL Group 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, CPL Group autocorrelation shows the relationship between CPL Group stock current value and its past values and can show if there is a momentum factor associated with investing in CPL Group Public.
Regressed Prices |
| Timeline |
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CPL Group financial ratios help investors to determine whether CPL 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 CPL with respect to the benefits of owning CPL Group security.