Cpt Drives (Thailand) Market Value
| CPT Stock | THB 1.00 0.01 1.01% |
| Symbol | Cpt |
Cpt Drives '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 Cpt Drives' 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 Cpt Drives.
| 02/02/2025 |
| 03/04/2025 |
If you would invest 0.00 in Cpt Drives on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding Cpt Drives Power or generate 0.0% return on investment in Cpt Drives over 30 days. Cpt Drives is related to or competes with Chukai Public, Christiani Nielsen, Chememan Public, Ingress Industrial, and Hwa Fong. CPT Drives and Power Public Company Limited manufactures and distributes electrical equipment and control systems used i... More
Cpt Drives 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 Cpt Drives' 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 Cpt Drives Power upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | 0.0546 | |||
| Maximum Drawdown | 7.32 | |||
| Value At Risk | (2.06) | |||
| Potential Upside | 2.2 |
Cpt Drives Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cpt Drives' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cpt Drives' standard deviation. In reality, there are many statistical measures that can use Cpt Drives historical prices to predict the future Cpt Drives' volatility.| Risk Adjusted Performance | 0.0179 | |||
| Jensen Alpha | 0.0162 | |||
| Total Risk Alpha | 0.1258 | |||
| Sortino Ratio | 0.0417 | |||
| Treynor Ratio | 0.5217 |
Cpt Drives Power Backtested Returns
As of now, Cpt Stock is risky. Cpt Drives Power secures Sharpe Ratio (or Efficiency) of 0.0336, which signifies that the company had a 0.0336 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cpt Drives Power, which you can use to evaluate the volatility of the firm. Please confirm Cpt Drives' Risk Adjusted Performance of 0.0179, downside deviation of 1.8, and Mean Deviation of 0.9084 to double-check if the risk estimate we provide is consistent with the expected return of 0.0419%. Cpt Drives has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0278, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cpt Drives' returns are expected to increase less than the market. However, during the bear market, the loss of holding Cpt Drives is expected to be smaller as well. Cpt Drives Power right now shows a risk of 1.25%. Please confirm Cpt Drives Power total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Cpt Drives Power will be following its price patterns.
Auto-correlation | -0.58 |
Good reverse predictability
Cpt Drives Power has good reverse predictability. Overlapping area represents the amount of predictability between Cpt Drives time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cpt Drives Power price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Cpt Drives price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cpt Drives Power lagged returns against current returns
Autocorrelation, which is Cpt Drives 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 Cpt Drives' stock expected returns. We can calculate the autocorrelation of Cpt Drives returns to help us make a trade decision. For example, suppose you find that Cpt Drives 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 |
Cpt Drives 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 Cpt Drives stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cpt Drives stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cpt Drives stock over time.
Current vs Lagged Prices |
| Timeline |
Cpt Drives Lagged Returns
When evaluating Cpt Drives' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cpt Drives stock have on its future price. Cpt Drives 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, Cpt Drives autocorrelation shows the relationship between Cpt Drives stock current value and its past values and can show if there is a momentum factor associated with investing in Cpt Drives Power.
Regressed Prices |
| Timeline |
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Cpt Drives financial ratios help investors to determine whether Cpt 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 Cpt with respect to the benefits of owning Cpt Drives security.