IRPC Public (Thailand) Market Value
| IRPC Stock | THB 1.01 0.08 8.60% |
| Symbol | IRPC |
IRPC Public '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 IRPC Public'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 IRPC Public.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in IRPC Public on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding IRPC Public or generate 0.0% return on investment in IRPC Public over 90 days. IRPC Public is related to or competes with PTT Global, PTT Public, PTT Exploration, Thai Oil, and Banpu Public. IRPC Public Company Limited, together with its subsidiaries, provides petroleum and petrochemical products in Thailand a... More
IRPC Public 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 IRPC Public'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 IRPC Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 13.22 | |||
| Value At Risk | (5.17) | |||
| Potential Upside | 4.44 |
IRPC Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IRPC Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IRPC Public's standard deviation. In reality, there are many statistical measures that can use IRPC Public historical prices to predict the future IRPC Public's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.47) |
IRPC Public Backtested Returns
IRPC Public holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14 % return per unit of volatility over the last 3 months. IRPC Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IRPC Public's market risk adjusted performance of (0.46), and Risk Adjusted Performance of (0.13) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.96, which attests to possible diversification benefits within a given portfolio. IRPC Public returns are very sensitive to returns on the market. As the market goes up or down, IRPC Public is expected to follow. At this point, IRPC Public has a negative expected return of -0.42%. Please make sure to check out IRPC Public's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if IRPC Public performance from the past will be repeated at future time.
Auto-correlation | 0.85 |
Very good predictability
IRPC Public has very good predictability. Overlapping area represents the amount of predictability between IRPC Public time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 IRPC Public price movement. The serial correlation of 0.85 indicates that around 85.0% of current IRPC Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
IRPC Public lagged returns against current returns
Autocorrelation, which is IRPC Public 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 IRPC Public's stock expected returns. We can calculate the autocorrelation of IRPC Public returns to help us make a trade decision. For example, suppose you find that IRPC Public 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 |
IRPC Public 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 IRPC Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IRPC Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IRPC Public stock over time.
Current vs Lagged Prices |
| Timeline |
IRPC Public Lagged Returns
When evaluating IRPC Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IRPC Public stock have on its future price. IRPC Public 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, IRPC Public autocorrelation shows the relationship between IRPC Public stock current value and its past values and can show if there is a momentum factor associated with investing in IRPC Public.
Regressed Prices |
| Timeline |
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IRPC Public financial ratios help investors to determine whether IRPC 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 IRPC with respect to the benefits of owning IRPC Public security.