Castle Peak (Thailand) Market Value
| CPH Stock | THB 9.80 0.20 2.08% |
| Symbol | Castle |
Castle Peak '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 Castle Peak'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 Castle Peak.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Castle Peak on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Castle Peak Holdings or generate 0.0% return on investment in Castle Peak over 30 days. Castle Peak is related to or competes with TRC Construction, Bangkok Expressway, Lohakit Metal, Gunkul Engineering, AJ Plast, Kiatnakin Phatra, and RS Public. Castle Peak Holdings Public Company Limited, together with its subsidiaries, manufactures and exports garments in Thaila... More
Castle Peak 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 Castle Peak'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 Castle Peak Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 17.52 | |||
| Value At Risk | (7.60) | |||
| Potential Upside | 5.7 |
Castle Peak Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Castle Peak's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Castle Peak's standard deviation. In reality, there are many statistical measures that can use Castle Peak historical prices to predict the future Castle Peak's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.68) | |||
| Total Risk Alpha | (1.27) | |||
| Treynor Ratio | 97.71 |
Castle Peak Holdings Backtested Returns
Castle Peak is out of control given 3 months investment horizon. Castle Peak Holdings secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have analyze and collected data for twenty-three different technical indicators, which can help you to evaluate if expected returns of 13.44% are justified by taking the suggested risk. Use Castle Peak Risk Adjusted Performance of (0.14), standard deviation of 3.49, and Mean Deviation of 2.43 to evaluate company specific risk that cannot be diversified away. Castle Peak holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.007, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Castle Peak are expected to decrease at a much lower rate. During the bear market, Castle Peak is likely to outperform the market. Use Castle Peak maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to analyze future returns on Castle Peak.
Auto-correlation | 0.77 |
Good predictability
Castle Peak Holdings has good predictability. Overlapping area represents the amount of predictability between Castle Peak time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Castle Peak Holdings price movement. The serial correlation of 0.77 indicates that around 77.0% of current Castle Peak price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Castle Peak Holdings lagged returns against current returns
Autocorrelation, which is Castle Peak 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 Castle Peak's stock expected returns. We can calculate the autocorrelation of Castle Peak returns to help us make a trade decision. For example, suppose you find that Castle Peak 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 |
Castle Peak 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 Castle Peak stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Castle Peak stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Castle Peak stock over time.
Current vs Lagged Prices |
| Timeline |
Castle Peak Lagged Returns
When evaluating Castle Peak's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Castle Peak stock have on its future price. Castle Peak 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, Castle Peak autocorrelation shows the relationship between Castle Peak stock current value and its past values and can show if there is a momentum factor associated with investing in Castle Peak Holdings.
Regressed Prices |
| Timeline |
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Castle Peak financial ratios help investors to determine whether Castle 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 Castle with respect to the benefits of owning Castle Peak security.