POST TELECOMMU (Vietnam) Market Value
| PTI Stock | 32,000 100.00 0.31% |
| Symbol | POST |
POST TELECOMMU '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 POST TELECOMMU'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 POST TELECOMMU.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in POST TELECOMMU on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding POST TELECOMMU or generate 0.0% return on investment in POST TELECOMMU over 30 days. POST TELECOMMU is related to or competes with VietinBank Securities, Tienlen Steel, Ducgiang Chemicals, Vnsteel Vicasa, PetroVietnam Transportation, South Basic, and Military Insurance. More
POST TELECOMMU 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 POST TELECOMMU'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 POST TELECOMMU upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.03 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 13.69 | |||
| Value At Risk | (4.38) | |||
| Potential Upside | 4.29 |
POST TELECOMMU Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for POST TELECOMMU's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as POST TELECOMMU's standard deviation. In reality, there are many statistical measures that can use POST TELECOMMU historical prices to predict the future POST TELECOMMU's volatility.| Risk Adjusted Performance | 0.0322 | |||
| Jensen Alpha | 0.0986 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (1.04) |
POST TELECOMMU Backtested Returns
As of now, POST Stock is very steady. POST TELECOMMU maintains Sharpe Ratio (i.e., Efficiency) of 0.048, which implies the firm had a 0.048% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for POST TELECOMMU, which you can use to evaluate the volatility of the company. Please check POST TELECOMMU's Semi Deviation of 2.53, risk adjusted performance of 0.0322, and Market Risk Adjusted Performance of (1.03) to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. POST TELECOMMU has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of -0.0853, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning POST TELECOMMU are expected to decrease at a much lower rate. During the bear market, POST TELECOMMU is likely to outperform the market. POST TELECOMMU presently holds a risk of 3.14%. Please check POST TELECOMMU expected short fall, and the relationship between the value at risk and daily balance of power , to decide if POST TELECOMMU will be following its historical price patterns.
Auto-correlation | 0.41 |
Average predictability
POST TELECOMMU has average predictability. Overlapping area represents the amount of predictability between POST TELECOMMU time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 POST TELECOMMU price movement. The serial correlation of 0.41 indicates that just about 41.0% of current POST TELECOMMU price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 896.4 K |
POST TELECOMMU lagged returns against current returns
Autocorrelation, which is POST TELECOMMU 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 POST TELECOMMU's stock expected returns. We can calculate the autocorrelation of POST TELECOMMU returns to help us make a trade decision. For example, suppose you find that POST TELECOMMU 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 |
POST TELECOMMU 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 POST TELECOMMU stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if POST TELECOMMU stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in POST TELECOMMU stock over time.
Current vs Lagged Prices |
| Timeline |
POST TELECOMMU Lagged Returns
When evaluating POST TELECOMMU's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of POST TELECOMMU stock have on its future price. POST TELECOMMU 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, POST TELECOMMU autocorrelation shows the relationship between POST TELECOMMU stock current value and its past values and can show if there is a momentum factor associated with investing in POST TELECOMMU.
Regressed Prices |
| Timeline |
Pair Trading with POST TELECOMMU
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if POST TELECOMMU position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in POST TELECOMMU will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to POST TELECOMMU could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace POST TELECOMMU when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back POST TELECOMMU - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling POST TELECOMMU to buy it.
The correlation of POST TELECOMMU is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as POST TELECOMMU moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if POST TELECOMMU moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for POST TELECOMMU can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in POST Stock
POST TELECOMMU financial ratios help investors to determine whether POST 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 POST with respect to the benefits of owning POST TELECOMMU security.