Cpt Drives (Thailand) Market Value
| CPT Stock | THB 0.92 0.01 1.08% |
| Symbol | Cpt |
Cpt Drives '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 Cpt Drives' 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 Cpt Drives.
| 09/21/2024 |
| 02/18/2025 |
If you would invest 0.00 in Cpt Drives on September 21, 2024 and sell it all today you would earn a total of 0.00 from holding Cpt Drives Power or generate 0.0% return on investment in Cpt Drives over 150 days. Cpt Drives is related to or competes with Chukai Public, Christiani Nielsen, Ingress Industrial, and Hwa Fong. CPT Drives and Power Public Company Limited manufactures and distributes electrical equipment and control systems used i... More
Cpt Drives 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 Cpt Drives' 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 Cpt Drives Power upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 12.97 | |||
| Value At Risk | (3.03) | |||
| Potential Upside | 3.26 |
Cpt Drives Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cpt Drives' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cpt Drives' standard deviation. In reality, there are many statistical measures that can use Cpt Drives historical prices to predict the future Cpt Drives' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (0.20) |
Cpt Drives Power Backtested Returns
Cpt Drives Power secures Sharpe Ratio (or Efficiency) of -0.0156, which signifies that the company had a -0.0156 % return per unit of risk over the last 3 months. Cpt Drives Power exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cpt Drives' Risk Adjusted Performance of (0.02), standard deviation of 2.22, and Mean Deviation of 1.18 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cpt Drives' returns are expected to increase less than the market. However, during the bear market, the loss of holding Cpt Drives is expected to be smaller as well. At this point, Cpt Drives Power has a negative expected return of -0.0242%. Please make sure to confirm Cpt Drives' potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Cpt Drives Power performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.22 |
Weak reverse predictability
Cpt Drives Power has weak reverse predictability. Overlapping area represents the amount of predictability between Cpt Drives time series from 21st of September 2024 to 5th of December 2024 and 5th of December 2024 to 18th of February 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 Cpt Drives Power price movement. The serial correlation of -0.22 indicates that over 22.0% of current Cpt Drives price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cpt Drives Power lagged returns against current returns
Autocorrelation, which is Cpt Drives 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 Cpt Drives' stock expected returns. We can calculate the autocorrelation of Cpt Drives returns to help us make a trade decision. For example, suppose you find that Cpt Drives 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 |
Cpt Drives 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 Cpt Drives stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cpt Drives stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cpt Drives stock over time.
Current vs Lagged Prices |
| Timeline |
Cpt Drives Lagged Returns
When evaluating Cpt Drives' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cpt Drives stock have on its future price. Cpt Drives 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, Cpt Drives autocorrelation shows the relationship between Cpt Drives stock current value and its past values and can show if there is a momentum factor associated with investing in Cpt Drives Power.
Regressed Prices |
| Timeline |
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Cpt Drives financial ratios help investors to determine whether Cpt 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 Cpt with respect to the benefits of owning Cpt Drives security.