PTG Energy (Thailand) Market Value

PTG-R Stock  THB 8.35  0.00  0.00%   
PTG Energy's market value is the price at which a share of PTG Energy trades on a public exchange. It measures the collective expectations of PTG Energy Public investors about its performance. PTG Energy is trading at 8.35 as of the 23rd of December 2024, a No Change since the beginning of the trading day. The stock's open price was 8.35.
With this module, you can estimate the performance of a buy and hold strategy of PTG Energy Public and determine expected loss or profit from investing in PTG Energy over a given investment horizon. Check out PTG Energy Correlation, PTG Energy Volatility and PTG Energy Alpha and Beta module to complement your research on PTG Energy.
Symbol

Please note, there is a significant difference between PTG Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if PTG Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PTG Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

PTG Energy '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 PTG Energy'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 PTG Energy.
0.00
12/29/2023
No Change 0.00  0.0 
In 11 months and 26 days
12/23/2024
0.00
If you would invest  0.00  in PTG Energy on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding PTG Energy Public or generate 0.0% return on investment in PTG Energy over 360 days. PTG Energy is related to or competes with AP Public, Carabao Group, Forth Smart, Com7 PCL, and Ekachai Medical. PTG Energy Public Company Limited trades in petroleum products, gas products, and supplies and equipment for oil service stations in Thailand. More

PTG Energy 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 PTG Energy'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 PTG Energy Public upside and downside potential and time the market with a certain degree of confidence.

PTG Energy Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for PTG Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PTG Energy's standard deviation. In reality, there are many statistical measures that can use PTG Energy historical prices to predict the future PTG Energy's volatility.
Hype
Prediction
LowEstimatedHigh
0.428.35843.35
Details
Intrinsic
Valuation
LowRealHigh
0.285.67840.67
Details

PTG Energy Public Backtested Returns

PTG Energy is out of control given 3 months investment horizon. PTG Energy Public maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12% return per unit of volatility over the last 3 months. We have analyzed eighteen different technical indicators, which can help you to evaluate if expected returns of 15.46% are justified by taking the suggested risk. Use PTG Energy risk adjusted performance of (0.09), and Coefficient Of Variation of (812.40) to evaluate company specific risk that cannot be diversified away. PTG Energy holds a performance score of 9 on a scale of zero to a hundred. The company holds a Beta of -0.53, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning PTG Energy are expected to decrease at a much lower rate. During the bear market, PTG Energy is likely to outperform the market. Use PTG Energy jensen alpha, as well as the relationship between the accumulation distribution and day typical price , to analyze future returns on PTG Energy.

Auto-correlation

    
  -0.01  

Very weak reverse predictability

PTG Energy Public has very weak reverse predictability. Overlapping area represents the amount of predictability between PTG Energy time series from 29th of December 2023 to 26th of June 2024 and 26th of June 2024 to 23rd 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 PTG Energy Public price movement. The serial correlation of -0.01 indicates that just 1.0% of current PTG Energy price fluctuation can be explain by its past prices.
Correlation Coefficient-0.01
Spearman Rank Test0.86
Residual Average0.0
Price Variance1.82

PTG Energy Public lagged returns against current returns

Autocorrelation, which is PTG Energy 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 PTG Energy's stock expected returns. We can calculate the autocorrelation of PTG Energy returns to help us make a trade decision. For example, suppose you find that PTG Energy 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  

PTG Energy 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 PTG Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PTG Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PTG Energy stock over time.
   Current vs Lagged Prices   
       Timeline  

PTG Energy Lagged Returns

When evaluating PTG Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PTG Energy stock have on its future price. PTG Energy 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, PTG Energy autocorrelation shows the relationship between PTG Energy stock current value and its past values and can show if there is a momentum factor associated with investing in PTG Energy Public.
   Regressed Prices   
       Timeline  

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Other Information on Investing in PTG Stock

PTG Energy financial ratios help investors to determine whether PTG 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 PTG with respect to the benefits of owning PTG Energy security.