BCPG Public (Thailand) Market Value
| BCPG Stock | THB 5.75 0.05 0.88% |
| Symbol | BCPG |
BCPG 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 BCPG 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 BCPG Public.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in BCPG Public on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding BCPG Public or generate 0.0% return on investment in BCPG Public over 270 days. BCPG Public is related to or competes with Bangchak Public, Gulf Energy, Global Power, Bangkok Expressway, and BGrimm Power. BCPG Public Company Limited, together with its subsidiaries, produces and distributes electric power from renewable reso... More
BCPG 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 BCPG 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 BCPG Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.26 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 12.16 | |||
| Value At Risk | (3.50) | |||
| Potential Upside | 5.22 |
BCPG Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BCPG Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BCPG Public's standard deviation. In reality, there are many statistical measures that can use BCPG Public historical prices to predict the future BCPG Public's volatility.| Risk Adjusted Performance | 0.0206 | |||
| Jensen Alpha | 0.1271 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.05) |
BCPG Public Backtested Returns
BCPG Public secures Sharpe Ratio (or Efficiency) of -0.0131, which signifies that the company had a -0.0131% return per unit of risk over the last 3 months. BCPG Public exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BCPG Public's Mean Deviation of 2.08, semi deviation of 2.1, and Coefficient Of Variation of 5642.51 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.76, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning BCPG Public are expected to decrease at a much lower rate. During the bear market, BCPG Public is likely to outperform the market. At this point, BCPG Public has a negative expected return of -0.0338%. Please make sure to confirm BCPG Public's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if BCPG Public performance from the past will be repeated in the future.
Auto-correlation | -0.43 |
Modest reverse predictability
BCPG Public has modest reverse predictability. Overlapping area represents the amount of predictability between BCPG Public time series from 27th of February 2024 to 11th of July 2024 and 11th of July 2024 to 23rd of November 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 BCPG Public price movement. The serial correlation of -0.43 indicates that just about 43.0% of current BCPG Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.51 |
BCPG Public lagged returns against current returns
Autocorrelation, which is BCPG 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 BCPG Public's stock expected returns. We can calculate the autocorrelation of BCPG Public returns to help us make a trade decision. For example, suppose you find that BCPG 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 |
BCPG 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 BCPG Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BCPG Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BCPG Public stock over time.
Current vs Lagged Prices |
| Timeline |
BCPG Public Lagged Returns
When evaluating BCPG Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BCPG Public stock have on its future price. BCPG 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, BCPG Public autocorrelation shows the relationship between BCPG Public stock current value and its past values and can show if there is a momentum factor associated with investing in BCPG Public.
Regressed Prices |
| Timeline |
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BCPG Public financial ratios help investors to determine whether BCPG 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 BCPG with respect to the benefits of owning BCPG Public security.