PTT Exploration (Thailand) Market Value
| PTTEP Stock | THB 109.00 1.00 0.91% |
| Symbol | PTT |
PTT Exploration '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 PTT Exploration'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 PTT Exploration.
| 12/01/2024 |
| 03/01/2025 |
If you would invest 0.00 in PTT Exploration on December 1, 2024 and sell it all today you would earn a total of 0.00 from holding PTT Exploration and or generate 0.0% return on investment in PTT Exploration over 90 days. PTT Exploration is related to or competes with PTT Public, PTT Global, Siam Cement, SCB X, and Kasikornbank Public. PTT Exploration and Production Public Company Limited, together with its subsidiaries, engages in the exploration and pr... More
PTT Exploration 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 PTT Exploration'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 PTT Exploration and upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 8.7 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 2.05 |
PTT Exploration Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PTT Exploration's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PTT Exploration's standard deviation. In reality, there are many statistical measures that can use PTT Exploration historical prices to predict the future PTT Exploration's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | 0.5307 |
PTT Exploration Backtested Returns
PTT Exploration maintains Sharpe Ratio (i.e., Efficiency) of -0.0972, which implies the firm had a -0.0972 % return per unit of standard deviation over the last 3 months. PTT Exploration exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PTT Exploration's Market Risk Adjusted Performance of 0.5407, coefficient of variation of (778.58), and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide. The company holds a Beta of -0.4, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning PTT Exploration are expected to decrease at a much lower rate. During the bear market, PTT Exploration is likely to outperform the market. At this point, PTT Exploration has a negative expected return of -0.16%. Please make sure to check PTT Exploration's maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if PTT Exploration performance from the past will be repeated at some future point.
Auto-correlation | 0.22 |
Weak predictability
PTT Exploration and has weak predictability. Overlapping area represents the amount of predictability between PTT Exploration time series from 1st of December 2024 to 15th of January 2025 and 15th of January 2025 to 1st 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 PTT Exploration price movement. The serial correlation of 0.22 indicates that over 22.0% of current PTT Exploration price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 5.58 |
PTT Exploration lagged returns against current returns
Autocorrelation, which is PTT Exploration 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 PTT Exploration's stock expected returns. We can calculate the autocorrelation of PTT Exploration returns to help us make a trade decision. For example, suppose you find that PTT Exploration 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 |
PTT Exploration 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 PTT Exploration stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PTT Exploration stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PTT Exploration stock over time.
Current vs Lagged Prices |
| Timeline |
PTT Exploration Lagged Returns
When evaluating PTT Exploration's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PTT Exploration stock have on its future price. PTT Exploration 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, PTT Exploration autocorrelation shows the relationship between PTT Exploration stock current value and its past values and can show if there is a momentum factor associated with investing in PTT Exploration and.
Regressed Prices |
| Timeline |
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PTT Exploration financial ratios help investors to determine whether PTT 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 PTT with respect to the benefits of owning PTT Exploration security.