Pato Chemical (Thailand) Market Value
| PATO Stock | THB 8.50 0.20 2.41% |
| Symbol | Pato |
Pato Chemical '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 Pato Chemical'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 Pato Chemical.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Pato Chemical on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Pato Chemical Industry or generate 0.0% return on investment in Pato Chemical over 90 days. Pato Chemical is related to or competes with Sena Development, and Charoen Pokphand. Pato Chemical Industry Public Company Limited manufactures, imports, formulates, and distributes pesticides in Thailand More
Pato Chemical 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 Pato Chemical'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 Pato Chemical Industry upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.29 | |||
| Information Ratio | 0.1398 | |||
| Maximum Drawdown | 5.44 | |||
| Value At Risk | (1.22) | |||
| Potential Upside | 1.23 |
Pato Chemical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pato Chemical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pato Chemical's standard deviation. In reality, there are many statistical measures that can use Pato Chemical historical prices to predict the future Pato Chemical's volatility.| Risk Adjusted Performance | 0.0217 | |||
| Jensen Alpha | 0.0163 | |||
| Total Risk Alpha | 0.1197 | |||
| Sortino Ratio | 0.0936 | |||
| Treynor Ratio | 0.2679 |
Pato Chemical Industry Backtested Returns
As of now, Pato Stock is very steady. Pato Chemical Industry maintains Sharpe Ratio (i.e., Efficiency) of 0.0365, which implies the firm had a 0.0365 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Pato Chemical Industry, which you can use to evaluate the volatility of the company. Please check Pato Chemical's Semi Deviation of 0.6654, risk adjusted performance of 0.0217, and Coefficient Of Variation of 3994.5 to confirm if the risk estimate we provide is consistent with the expected return of 0.0321%. Pato Chemical has a performance score of 2 on a scale of 0 to 100. The company holds a Beta of 0.0433, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pato Chemical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pato Chemical is expected to be smaller as well. Pato Chemical Industry right now holds a risk of 0.88%. Please check Pato Chemical Industry treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to decide if Pato Chemical Industry will be following its historical price patterns.
Auto-correlation | -0.66 |
Very good reverse predictability
Pato Chemical Industry has very good reverse predictability. Overlapping area represents the amount of predictability between Pato Chemical 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 Pato Chemical Industry price movement. The serial correlation of -0.66 indicates that around 66.0% of current Pato Chemical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Pato Chemical Industry lagged returns against current returns
Autocorrelation, which is Pato Chemical 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 Pato Chemical's stock expected returns. We can calculate the autocorrelation of Pato Chemical returns to help us make a trade decision. For example, suppose you find that Pato Chemical 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 |
Pato Chemical 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 Pato Chemical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pato Chemical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pato Chemical stock over time.
Current vs Lagged Prices |
| Timeline |
Pato Chemical Lagged Returns
When evaluating Pato Chemical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pato Chemical stock have on its future price. Pato Chemical 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, Pato Chemical autocorrelation shows the relationship between Pato Chemical stock current value and its past values and can show if there is a momentum factor associated with investing in Pato Chemical Industry.
Regressed Prices |
| Timeline |
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Pato Chemical financial ratios help investors to determine whether Pato 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 Pato with respect to the benefits of owning Pato Chemical security.