LPN Development (Thailand) Market Value
| LPN Stock | THB 2.84 0.02 0.71% |
| Symbol | LPN |
LPN Development '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 LPN Development'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 LPN Development.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in LPN Development on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding LPN Development Public or generate 0.0% return on investment in LPN Development over 30 days. LPN Development is related to or competes with Land, AP Public, Quality Houses, Siri Prime, and Siam Cement. Development Public Company Limited and its affiliated companies carry on the business of real estate development aiming ... More
LPN Development 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 LPN Development'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 LPN Development Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 8.8 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 1.86 |
LPN Development Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LPN Development's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LPN Development's standard deviation. In reality, there are many statistical measures that can use LPN Development historical prices to predict the future LPN Development's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.76) |
LPN Development Public Backtested Returns
LPN Development is out of control given 3 months investment horizon. LPN Development Public has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of volatility over the last 3 months. We were able to interpolate twenty-three different technical indicators, which can help you to evaluate if expected returns of 14.2% are justified by taking the suggested risk. Use LPN Development Public risk adjusted performance of (0.06), and Mean Deviation of 0.7705 to evaluate company specific risk that cannot be diversified away. LPN Development holds a performance score of 8 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, LPN Development's returns are expected to increase less than the market. However, during the bear market, the loss of holding LPN Development is expected to be smaller as well. Use LPN Development Public value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to analyze future returns on LPN Development Public.
Auto-correlation | -0.26 |
Weak reverse predictability
LPN Development Public has weak reverse predictability. Overlapping area represents the amount of predictability between LPN Development time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 LPN Development Public price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current LPN Development price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
LPN Development Public lagged returns against current returns
Autocorrelation, which is LPN Development 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 LPN Development's stock expected returns. We can calculate the autocorrelation of LPN Development returns to help us make a trade decision. For example, suppose you find that LPN Development 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 |
LPN Development 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 LPN Development stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LPN Development stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LPN Development stock over time.
Current vs Lagged Prices |
| Timeline |
LPN Development Lagged Returns
When evaluating LPN Development's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LPN Development stock have on its future price. LPN Development 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, LPN Development autocorrelation shows the relationship between LPN Development stock current value and its past values and can show if there is a momentum factor associated with investing in LPN Development Public.
Regressed Prices |
| Timeline |
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LPN Development financial ratios help investors to determine whether LPN 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 LPN with respect to the benefits of owning LPN Development security.