PTT Public (Germany) Market Value
| NVA3 Stock | EUR 0.88 0.02 2.22% |
| Symbol | PTT |
PTT 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 PTT 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 PTT Public.
| 11/28/2024 |
| 12/28/2024 |
If you would invest 0.00 in PTT Public on November 28, 2024 and sell it all today you would earn a total of 0.00 from holding PTT Public or generate 0.0% return on investment in PTT Public over 30 days. PTT Public is related to or competes with Treasury Wine, QINGCI GAMES, Games Workshop, GameStop Corp, and United Utilities. PTT Public Company Limited engages in upstream and downstream petroleum, coal, electricity, and infrastructure businesse... More
PTT 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 PTT 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 PTT Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.28 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 9.66 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 2.25 |
PTT Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PTT Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PTT Public's standard deviation. In reality, there are many statistical measures that can use PTT Public historical prices to predict the future PTT Public's volatility.| Risk Adjusted Performance | 0.0196 | |||
| Jensen Alpha | 0.017 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.4964 |
PTT Public Backtested Returns
PTT Public maintains Sharpe Ratio (i.e., Efficiency) of -0.039, which implies the firm had a -0.039% return per unit of standard deviation over the last 3 months. PTT Public exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PTT Public's Semi Deviation of 1.31, market risk adjusted performance of 0.5064, and Risk Adjusted Performance of 0.0196 to confirm the risk estimate we provide. The company holds a Beta of 0.0359, which implies not very significant fluctuations relative to the market. As returns on the market increase, PTT Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding PTT Public is expected to be smaller as well. At this point, PTT Public has a negative expected return of -0.06%. Please make sure to check PTT Public's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if PTT Public performance from the past will be repeated at some future point.
Auto-correlation | -0.07 |
Very weak reverse predictability
PTT Public has very weak reverse predictability. Overlapping area represents the amount of predictability between PTT Public time series from 28th of November 2024 to 13th of December 2024 and 13th of December 2024 to 28th 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 PTT Public price movement. The serial correlation of -0.07 indicates that barely 7.0% of current PTT Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PTT Public lagged returns against current returns
Autocorrelation, which is PTT 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 PTT Public's stock expected returns. We can calculate the autocorrelation of PTT Public returns to help us make a trade decision. For example, suppose you find that PTT 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 |
PTT 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 PTT Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PTT Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PTT Public stock over time.
Current vs Lagged Prices |
| Timeline |
PTT Public Lagged Returns
When evaluating PTT Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PTT Public stock have on its future price. PTT 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, PTT Public autocorrelation shows the relationship between PTT Public stock current value and its past values and can show if there is a momentum factor associated with investing in PTT Public.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in PTT Stock
PTT Public financial ratios help investors to determine whether PTT 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 PTT with respect to the benefits of owning PTT Public security.