Polyplex (Thailand) (Germany) Market Value
| PKW Stock | EUR 0.31 0.01 3.13% |
| Symbol | Polyplex |
Polyplex (Thailand) '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 Polyplex (Thailand)'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 Polyplex (Thailand).
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in Polyplex (Thailand) on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Polyplex Public or generate 0.0% return on investment in Polyplex (Thailand) over 720 days. Polyplex (Thailand) is related to or competes with Bridgestone, Advanced Drainage, Goodyear Tire, Sumitomo Rubber, Zeon, Nokian Renkaat, and Essentra Plc. Polyplex Public Company Limited, together with its subsidiaries, manufactures and distributes polyester films and chips,... More
Polyplex (Thailand) 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 Polyplex (Thailand)'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 Polyplex Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.78 | |||
| Information Ratio | 0.1185 | |||
| Maximum Drawdown | 136.9 | |||
| Value At Risk | (3.12) | |||
| Potential Upside | 7.14 |
Polyplex (Thailand) Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Polyplex (Thailand)'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Polyplex (Thailand)'s standard deviation. In reality, there are many statistical measures that can use Polyplex (Thailand) historical prices to predict the future Polyplex (Thailand)'s volatility.| Risk Adjusted Performance | 0.105 | |||
| Jensen Alpha | 1.85 | |||
| Total Risk Alpha | 1.47 | |||
| Sortino Ratio | 0.3285 | |||
| Treynor Ratio | 0.5753 |
Polyplex (Thailand) Backtested Returns
Polyplex (Thailand) is out of control given 3 months investment horizon. Polyplex (Thailand) maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12% return per unit of risk over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.93% are justified by taking the suggested risk. Use Polyplex (Thailand) Semi Deviation of 1.22, coefficient of variation of 829.88, and Risk Adjusted Performance of 0.105 to evaluate company specific risk that cannot be diversified away. Polyplex (Thailand) holds a performance score of 9 on a scale of zero to a hundred. The company holds a Beta of 3.34, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Polyplex (Thailand) will likely underperform. Use Polyplex (Thailand) total risk alpha, value at risk, expected short fall, as well as the relationship between the treynor ratio and downside variance , to analyze future returns on Polyplex (Thailand).
Auto-correlation | -0.37 |
Poor reverse predictability
Polyplex Public has poor reverse predictability. Overlapping area represents the amount of predictability between Polyplex (Thailand) time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 Polyplex (Thailand) price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Polyplex (Thailand) price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Polyplex (Thailand) lagged returns against current returns
Autocorrelation, which is Polyplex (Thailand) 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 Polyplex (Thailand)'s stock expected returns. We can calculate the autocorrelation of Polyplex (Thailand) returns to help us make a trade decision. For example, suppose you find that Polyplex (Thailand) 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 |
Polyplex (Thailand) 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 Polyplex (Thailand) stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Polyplex (Thailand) stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Polyplex (Thailand) stock over time.
Current vs Lagged Prices |
| Timeline |
Polyplex (Thailand) Lagged Returns
When evaluating Polyplex (Thailand)'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Polyplex (Thailand) stock have on its future price. Polyplex (Thailand) 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, Polyplex (Thailand) autocorrelation shows the relationship between Polyplex (Thailand) stock current value and its past values and can show if there is a momentum factor associated with investing in Polyplex Public.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Polyplex Stock
Polyplex (Thailand) financial ratios help investors to determine whether Polyplex 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 Polyplex with respect to the benefits of owning Polyplex (Thailand) security.