Pruksa Holding (Thailand) Market Value
| PSH Stock | THB 7.90 0.05 0.63% |
| Symbol | Pruksa |
Pruksa Holding '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 Pruksa Holding'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 Pruksa Holding.
| 02/04/2023 |
| 12/25/2024 |
If you would invest 0.00 in Pruksa Holding on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding Pruksa Holding Public or generate 0.0% return on investment in Pruksa Holding over 690 days. Pruksa Holding is related to or competes with Land, Quality Houses, Siri Prime, Siam Cement, and Intouch Holdings. Pruksa Holding Public Company Limited, through its subsidiaries, engages in the development and sale of residential real... More
Pruksa Holding 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 Pruksa Holding'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 Pruksa Holding Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 7.16 | |||
| Value At Risk | (2.37) | |||
| Potential Upside | 2.98 |
Pruksa Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pruksa Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pruksa Holding's standard deviation. In reality, there are many statistical measures that can use Pruksa Holding historical prices to predict the future Pruksa Holding's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (1.08) |
Pruksa Holding Public Backtested Returns
Pruksa Holding Public maintains Sharpe Ratio (i.e., Efficiency) of -0.17, which implies the firm had a -0.17% return per unit of risk over the last 3 months. Pruksa Holding Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pruksa Holding's Risk Adjusted Performance of (0.10), coefficient of variation of (745.93), and Variance of 2.64 to confirm the risk estimate we provide. The company holds a Beta of 0.21, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pruksa Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pruksa Holding is expected to be smaller as well. At this point, Pruksa Holding Public has a negative expected return of -0.26%. Please make sure to check Pruksa Holding's kurtosis, daily balance of power, and the relationship between the skewness and accumulation distribution , to decide if Pruksa Holding Public performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.37 |
Poor reverse predictability
Pruksa Holding Public has poor reverse predictability. Overlapping area represents the amount of predictability between Pruksa Holding time series from 4th of February 2023 to 15th of January 2024 and 15th of January 2024 to 25th 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 Pruksa Holding Public price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Pruksa Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 1.52 |
Pruksa Holding Public lagged returns against current returns
Autocorrelation, which is Pruksa Holding 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 Pruksa Holding's stock expected returns. We can calculate the autocorrelation of Pruksa Holding returns to help us make a trade decision. For example, suppose you find that Pruksa Holding 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 |
Pruksa Holding 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 Pruksa Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pruksa Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pruksa Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Pruksa Holding Lagged Returns
When evaluating Pruksa Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pruksa Holding stock have on its future price. Pruksa Holding 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, Pruksa Holding autocorrelation shows the relationship between Pruksa Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Pruksa Holding Public.
Regressed Prices |
| Timeline |
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Pruksa Holding financial ratios help investors to determine whether Pruksa 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 Pruksa with respect to the benefits of owning Pruksa Holding security.