Peace Living (Thailand) Market Value
| PEACE Stock | 2.40 0.06 2.56% |
| Symbol | Peace |
Peace Living '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 Peace Living'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 Peace Living.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Peace Living on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Peace Living PCL or generate 0.0% return on investment in Peace Living over 90 days.
Peace Living 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 Peace Living'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 Peace Living PCL upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0164 | |||
| Maximum Drawdown | 5.89 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 2.56 |
Peace Living Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Peace Living's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Peace Living's standard deviation. In reality, there are many statistical measures that can use Peace Living historical prices to predict the future Peace Living's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | 0.0823 | |||
| Treynor Ratio | (0.37) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Peace Living's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Peace Living PCL Backtested Returns
Peace Living PCL maintains Sharpe Ratio (i.e., Efficiency) of -0.024, which implies the firm had a -0.024 % return per unit of risk over the last 3 months. Peace Living PCL exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Peace Living's Variance of 1.82, risk adjusted performance of (0.05), and Coefficient Of Variation of (1,757) to confirm the risk estimate we provide. The company holds a Beta of 0.24, which implies not very significant fluctuations relative to the market. As returns on the market increase, Peace Living's returns are expected to increase less than the market. However, during the bear market, the loss of holding Peace Living is expected to be smaller as well. At this point, Peace Living PCL has a negative expected return of -0.0327%. Please make sure to check Peace Living's coefficient of variation, treynor ratio, skewness, as well as the relationship between the jensen alpha and value at risk , to decide if Peace Living PCL performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.02 |
Virtually no predictability
Peace Living PCL has virtually no predictability. Overlapping area represents the amount of predictability between Peace Living 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 Peace Living PCL price movement. The serial correlation of 0.02 indicates that only 2.0% of current Peace Living price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Peace Living PCL lagged returns against current returns
Autocorrelation, which is Peace Living 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 Peace Living's stock expected returns. We can calculate the autocorrelation of Peace Living returns to help us make a trade decision. For example, suppose you find that Peace Living 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 |
Peace Living 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 Peace Living stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Peace Living stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Peace Living stock over time.
Current vs Lagged Prices |
| Timeline |
Peace Living Lagged Returns
When evaluating Peace Living's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Peace Living stock have on its future price. Peace Living 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, Peace Living autocorrelation shows the relationship between Peace Living stock current value and its past values and can show if there is a momentum factor associated with investing in Peace Living PCL.
Regressed Prices |
| Timeline |
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