Polyplex Public (Thailand) Market Value
| PTL-R Stock | THB 10.00 0.12 1.19% |
| Symbol | Polyplex |
Polyplex Public '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 Public'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 Public.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in Polyplex Public on January 31, 2025 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 Public over 30 days. Polyplex Public is related to or competes with Polyplex Public, TPI Polene, Tipco Asphalt, and Premier Technology. Polyplex Public Company Limited, together with its subsidiaries, manufactures and distributes polyester films and chips,... More
Polyplex Public 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 Public'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.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 11.81 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 1.97 |
Polyplex Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Polyplex Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Polyplex Public's standard deviation. In reality, there are many statistical measures that can use Polyplex Public historical prices to predict the future Polyplex Public's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | 1.33 |
Polyplex Public Backtested Returns
Polyplex Public maintains Sharpe Ratio (i.e., Efficiency) of -0.19, which implies the firm had a -0.19 % return per unit of risk over the last 3 months. Polyplex Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Polyplex Public's Variance of 3.26, risk adjusted performance of (0.13), and Coefficient Of Variation of (523.72) to confirm the risk estimate we provide. The company holds a Beta of -0.27, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Polyplex Public are expected to decrease at a much lower rate. During the bear market, Polyplex Public is likely to outperform the market. At this point, Polyplex Public has a negative expected return of -0.34%. Please make sure to check Polyplex Public's potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Polyplex Public performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.14 |
Insignificant predictability
Polyplex Public has insignificant predictability. Overlapping area represents the amount of predictability between Polyplex Public time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd 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 Polyplex Public price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Polyplex Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Polyplex Public lagged returns against current returns
Autocorrelation, which is Polyplex Public 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 Public's stock expected returns. We can calculate the autocorrelation of Polyplex Public returns to help us make a trade decision. For example, suppose you find that Polyplex Public 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 Public 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 Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Polyplex Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Polyplex Public stock over time.
Current vs Lagged Prices |
| Timeline |
Polyplex Public Lagged Returns
When evaluating Polyplex Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Polyplex Public stock have on its future price. Polyplex Public 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 Public autocorrelation shows the relationship between Polyplex Public 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 |
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Polyplex Public 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 Public security.