Power Line (Thailand) Market Value
| PLE Stock | THB 0.29 0.00 0.00% |
| Symbol | Power |
Power Line '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 Power Line'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 Power Line.
| 02/02/2025 |
| 03/04/2025 |
If you would invest 0.00 in Power Line on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding Power Line Engineering or generate 0.0% return on investment in Power Line over 30 days. Power Line is related to or competes with Italian Thai, LPN Development, and Property Perfect. Power Line Engineering Public Company Limited, together with its subsidiaries, engages in the design, engineering, and i... More
Power Line 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 Power Line'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 Power Line Engineering upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 15.54 | |||
| Value At Risk | (5.41) | |||
| Potential Upside | 6.45 |
Power Line Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Power Line's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Power Line's standard deviation. In reality, there are many statistical measures that can use Power Line historical prices to predict the future Power Line's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.54) |
Power Line Engineering Backtested Returns
Power Line Engineering maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the firm had a -0.13 % return per unit of risk over the last 3 months. Power Line Engineering exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Power Line's Risk Adjusted Performance of (0.08), coefficient of variation of (855.46), and Variance of 7.93 to confirm the risk estimate we provide. The company holds a Beta of 0.62, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Power Line's returns are expected to increase less than the market. However, during the bear market, the loss of holding Power Line is expected to be smaller as well. At this point, Power Line Engineering has a negative expected return of -0.37%. Please make sure to check Power Line's coefficient of variation, variance, and the relationship between the mean deviation and standard deviation , to decide if Power Line Engineering performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.52 |
Modest predictability
Power Line Engineering has modest predictability. Overlapping area represents the amount of predictability between Power Line time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th 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 Power Line Engineering price movement. The serial correlation of 0.52 indicates that about 52.0% of current Power Line price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Power Line Engineering lagged returns against current returns
Autocorrelation, which is Power Line 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 Power Line's stock expected returns. We can calculate the autocorrelation of Power Line returns to help us make a trade decision. For example, suppose you find that Power Line 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 |
Power Line 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 Power Line stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Power Line stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Power Line stock over time.
Current vs Lagged Prices |
| Timeline |
Power Line Lagged Returns
When evaluating Power Line's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Power Line stock have on its future price. Power Line 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, Power Line autocorrelation shows the relationship between Power Line stock current value and its past values and can show if there is a momentum factor associated with investing in Power Line Engineering.
Regressed Prices |
| Timeline |
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Power Line financial ratios help investors to determine whether Power 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 Power with respect to the benefits of owning Power Line security.