Ptt Pcl Adr Stock Market Value
| PUTRY Stock | USD 5.09 0.00 0.00% |
| Symbol | PTT |
PTT PCL '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 PCL's pink sheet 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 PCL.
| 12/23/2022 |
| 12/12/2024 |
If you would invest 0.00 in PTT PCL on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding PTT PCL ADR or generate 0.0% return on investment in PTT PCL over 720 days. PTT PCL is related to or competes with BP Plc, PetroChina, Shell PLC, MOL PLC, Galp Energa, OMV AG, and Eni SPA. PTT Public Company Limited, together with its subsidiaries, operates as a petroleum and petrochemical company in Thailan... More
PTT PCL 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 PCL's pink sheet 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 PCL ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0077 | |||
| Maximum Drawdown | 8.26 |
PTT PCL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PTT PCL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PTT PCL's standard deviation. In reality, there are many statistical measures that can use PTT PCL historical prices to predict the future PTT PCL's volatility.| Risk Adjusted Performance | 0.0963 | |||
| Jensen Alpha | 0.1088 | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | 1.03 |
PTT PCL ADR Backtested Returns
At this stage we consider PTT Pink Sheet to be not too volatile. PTT PCL ADR maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of standard deviation over the last 3 months. We have found sixteen technical indicators for PTT PCL ADR, which you can use to evaluate the volatility of the company. Please check PTT PCL's Risk Adjusted Performance of 0.0963, market risk adjusted performance of 1.04, and Coefficient Of Variation of 773.44 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. PTT PCL has a performance score of 10 on a scale of 0 to 100. The company holds a Beta of 0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, PTT PCL's returns are expected to increase less than the market. However, during the bear market, the loss of holding PTT PCL is expected to be smaller as well. PTT PCL ADR presently holds a risk of 1.04%. Please check PTT PCL ADR treynor ratio, and the relationship between the standard deviation and kurtosis , to decide if PTT PCL ADR will be following its historical price patterns.
Auto-correlation | -0.39 |
Poor reverse predictability
PTT PCL ADR has poor reverse predictability. Overlapping area represents the amount of predictability between PTT PCL time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 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 PTT PCL ADR price movement. The serial correlation of -0.39 indicates that just about 39.0% of current PTT PCL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
PTT PCL ADR lagged returns against current returns
Autocorrelation, which is PTT PCL pink sheet'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 PCL's pink sheet expected returns. We can calculate the autocorrelation of PTT PCL returns to help us make a trade decision. For example, suppose you find that PTT PCL has exhibited high autocorrelation historically, and you observe that the pink sheet 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 PCL 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 PCL pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PTT PCL pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PTT PCL pink sheet over time.
Current vs Lagged Prices |
| Timeline |
PTT PCL Lagged Returns
When evaluating PTT PCL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PTT PCL pink sheet have on its future price. PTT PCL 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 PCL autocorrelation shows the relationship between PTT PCL pink sheet current value and its past values and can show if there is a momentum factor associated with investing in PTT PCL ADR.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for PTT Pink Sheet Analysis
When running PTT PCL's price analysis, check to measure PTT PCL's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PTT PCL is operating at the current time. Most of PTT PCL's value examination focuses on studying past and present price action to predict the probability of PTT PCL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PTT PCL's price. Additionally, you may evaluate how the addition of PTT PCL to your portfolios can decrease your overall portfolio volatility.