PTT Exploration (Germany) Market Value
| NVAL Stock | EUR 3.24 0.06 1.89% |
| Symbol | PTT |
PTT Exploration '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 Exploration'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 Exploration.
| 12/28/2024 |
| 03/28/2025 |
If you would invest 0.00 in PTT Exploration on December 28, 2024 and sell it all today you would earn a total of 0.00 from holding PTT Exploration and or generate 0.0% return on investment in PTT Exploration over 90 days. PTT Exploration is related to or competes with Alibaba Group, ConocoPhillips, CNOOC, EOG Resources, Canadian Natural, Occidental Petroleum, and Occidental Petroleum. PTT Exploration and Production Public Company Limited, together with its subsidiaries, engages in the exploration and pr... More
PTT Exploration 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 Exploration'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 Exploration and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.05 | |||
| Information Ratio | 0.025 | |||
| Maximum Drawdown | 9.18 | |||
| Value At Risk | (2.76) | |||
| Potential Upside | 3.25 |
PTT Exploration Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PTT Exploration's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PTT Exploration's standard deviation. In reality, there are many statistical measures that can use PTT Exploration historical prices to predict the future PTT Exploration's volatility.| Risk Adjusted Performance | 0.0199 | |||
| Jensen Alpha | 0.0185 | |||
| Total Risk Alpha | 0.0843 | |||
| Sortino Ratio | 0.0239 | |||
| Treynor Ratio | (0.12) |
PTT Exploration Backtested Returns
At this point, PTT Exploration is moderately volatile. PTT Exploration maintains Sharpe Ratio (i.e., Efficiency) of 0.0251, which implies the firm had a 0.0251 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for PTT Exploration, which you can use to evaluate the volatility of the company. Please check PTT Exploration's Semi Deviation of 1.82, market risk adjusted performance of (0.11), and Risk Adjusted Performance of 0.0199 to confirm if the risk estimate we provide is consistent with the expected return of 0.0485%. PTT Exploration has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of -0.19, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PTT Exploration are expected to decrease at a much lower rate. During the bear market, PTT Exploration is likely to outperform the market. PTT Exploration presently holds a risk of 1.93%. Please check PTT Exploration sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if PTT Exploration will be following its historical price patterns.
Auto-correlation | -0.31 |
Poor reverse predictability
PTT Exploration and has poor reverse predictability. Overlapping area represents the amount of predictability between PTT Exploration time series from 28th of December 2024 to 11th of February 2025 and 11th of February 2025 to 28th 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 PTT Exploration price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current PTT Exploration price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
PTT Exploration lagged returns against current returns
Autocorrelation, which is PTT Exploration 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 Exploration's stock expected returns. We can calculate the autocorrelation of PTT Exploration returns to help us make a trade decision. For example, suppose you find that PTT Exploration 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 Exploration 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 Exploration stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PTT Exploration stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PTT Exploration stock over time.
Current vs Lagged Prices |
| Timeline |
PTT Exploration Lagged Returns
When evaluating PTT Exploration's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PTT Exploration stock have on its future price. PTT Exploration 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 Exploration autocorrelation shows the relationship between PTT Exploration stock current value and its past values and can show if there is a momentum factor associated with investing in PTT Exploration and.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in PTT Stock
PTT Exploration 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 Exploration security.