CPN Retail (Thailand) Market Value
| CPNREIT Stock | THB 12.30 0.30 2.50% |
| Symbol | CPN |
CPN Retail '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 CPN Retail'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 CPN Retail.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in CPN Retail on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding CPN Retail Growth or generate 0.0% return on investment in CPN Retail over 30 days. CPN Retail is related to or competes with Central Pattana, Digital Telecommunicatio, Impact Growth, WHA Premium, and BGrimm Power. CPN Retail Growth Leasehold REIT was established on 1 December 2017 from the conversion from CPN Retail Growth Leasehold... More
CPN Retail 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 CPN Retail'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 CPN Retail Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.16 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 10.26 | |||
| Value At Risk | (3.15) | |||
| Potential Upside | 2.54 |
CPN Retail Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CPN Retail's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CPN Retail's standard deviation. In reality, there are many statistical measures that can use CPN Retail historical prices to predict the future CPN Retail's volatility.| Risk Adjusted Performance | 0.0618 | |||
| Jensen Alpha | 0.0706 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.3185 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CPN Retail's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
CPN Retail Growth Backtested Returns
CPN Retail is out of control given 3 months investment horizon. CPN Retail Growth 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 were able to interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 14.61% are justified by taking the suggested risk. Use CPN Retail risk adjusted performance of 0.0618, and Mean Deviation of 1.09 to evaluate company specific risk that cannot be diversified away. CPN Retail holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CPN Retail's returns are expected to increase less than the market. However, during the bear market, the loss of holding CPN Retail is expected to be smaller as well. Use CPN Retail sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to analyze future returns on CPN Retail.
Auto-correlation | -0.27 |
Weak reverse predictability
CPN Retail Growth has weak reverse predictability. Overlapping area represents the amount of predictability between CPN Retail time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 CPN Retail Growth price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current CPN Retail price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
CPN Retail Growth lagged returns against current returns
Autocorrelation, which is CPN Retail 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 CPN Retail's stock expected returns. We can calculate the autocorrelation of CPN Retail returns to help us make a trade decision. For example, suppose you find that CPN Retail 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 |
CPN Retail 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 CPN Retail stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CPN Retail stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CPN Retail stock over time.
Current vs Lagged Prices |
| Timeline |
CPN Retail Lagged Returns
When evaluating CPN Retail's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CPN Retail stock have on its future price. CPN Retail 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, CPN Retail autocorrelation shows the relationship between CPN Retail stock current value and its past values and can show if there is a momentum factor associated with investing in CPN Retail Growth.
Regressed Prices |
| Timeline |
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When running CPN Retail's price analysis, check to measure CPN Retail'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 CPN Retail is operating at the current time. Most of CPN Retail's value examination focuses on studying past and present price action to predict the probability of CPN Retail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CPN Retail's price. Additionally, you may evaluate how the addition of CPN Retail to your portfolios can decrease your overall portfolio volatility.