Home Pottery (Thailand) Market Value
| HPT Stock | THB 0.45 0.01 2.17% |
| Symbol | Home |
Home Pottery '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 Home Pottery'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 Home Pottery.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Home Pottery on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Home Pottery Public or generate 0.0% return on investment in Home Pottery over 180 days. Home Pottery is related to or competes with International Research, Hydrotek Public, Getabec Public, and Internet Thailand. Home Pottery Public Company Limited manufactures, distributes, and sells fine China tableware in Thailand More
Home Pottery 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 Home Pottery'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 Home Pottery Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.69 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 12.68 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 4.26 |
Home Pottery Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Home Pottery's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Home Pottery's standard deviation. In reality, there are many statistical measures that can use Home Pottery historical prices to predict the future Home Pottery's volatility.| Risk Adjusted Performance | 0.0266 | |||
| Jensen Alpha | 0.0763 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.29) |
Home Pottery Public Backtested Returns
Home Pottery Public holds Efficiency (Sharpe) Ratio of -0.003, which attests that the entity had a -0.003% return per unit of risk over the last 3 months. Home Pottery Public exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Home Pottery's Market Risk Adjusted Performance of (0.28), risk adjusted performance of 0.0266, and Downside Deviation of 2.69 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Home Pottery are expected to decrease at a much lower rate. During the bear market, Home Pottery is likely to outperform the market. At this point, Home Pottery Public has a negative expected return of -0.0071%. Please make sure to check out Home Pottery's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Home Pottery Public performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.63 |
Good predictability
Home Pottery Public has good predictability. Overlapping area represents the amount of predictability between Home Pottery time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 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 Home Pottery Public price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Home Pottery price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Home Pottery Public lagged returns against current returns
Autocorrelation, which is Home Pottery 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 Home Pottery's stock expected returns. We can calculate the autocorrelation of Home Pottery returns to help us make a trade decision. For example, suppose you find that Home Pottery 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 |
Home Pottery 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 Home Pottery stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Home Pottery stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Home Pottery stock over time.
Current vs Lagged Prices |
| Timeline |
Home Pottery Lagged Returns
When evaluating Home Pottery's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Home Pottery stock have on its future price. Home Pottery 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, Home Pottery autocorrelation shows the relationship between Home Pottery stock current value and its past values and can show if there is a momentum factor associated with investing in Home Pottery Public.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in Home Stock
Home Pottery financial ratios help investors to determine whether Home 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 Home with respect to the benefits of owning Home Pottery security.