GFPT Public (Thailand) Market Value
| GFPT Stock | THB 10.60 0.30 2.75% |
| Symbol | GFPT |
GFPT 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 GFPT 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 GFPT Public.
| 10/30/2023 |
| 11/23/2024 |
If you would invest 0.00 in GFPT Public on October 30, 2023 and sell it all today you would earn a total of 0.00 from holding GFPT Public or generate 0.0% return on investment in GFPT Public over 390 days. GFPT Public is related to or competes with Charoen Pokphand, Hana Microelectronics, AP Public, Thai Vegetable, and CH Karnchang. GFPT Public Company Limited, together with its subsidiaries, produces and distributes frozen and cooked chicken products... More
GFPT 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 GFPT 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 GFPT Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 6.91 | |||
| Value At Risk | (2.56) | |||
| Potential Upside | 2.46 |
GFPT Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GFPT Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GFPT Public's standard deviation. In reality, there are many statistical measures that can use GFPT Public historical prices to predict the future GFPT Public's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | 7.8 |
GFPT Public Backtested Returns
GFPT Public holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of volatility over the last 3 months. GFPT Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GFPT Public's market risk adjusted performance of 7.81, and Risk Adjusted Performance of (0.10) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0272, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning GFPT Public are expected to decrease at a much lower rate. During the bear market, GFPT Public is likely to outperform the market. At this point, GFPT Public has a negative expected return of -0.21%. Please make sure to check out GFPT Public's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if GFPT Public performance from the past will be repeated in the future.
Auto-correlation | -0.8 |
Almost perfect reverse predictability
GFPT Public has almost perfect reverse predictability. Overlapping area represents the amount of predictability between GFPT Public time series from 30th of October 2023 to 12th of May 2024 and 12th of May 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 GFPT Public price movement. The serial correlation of -0.8 indicates that around 80.0% of current GFPT Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.8 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.53 |
GFPT Public lagged returns against current returns
Autocorrelation, which is GFPT 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 GFPT Public's stock expected returns. We can calculate the autocorrelation of GFPT Public returns to help us make a trade decision. For example, suppose you find that GFPT 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 |
GFPT 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 GFPT Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GFPT Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GFPT Public stock over time.
Current vs Lagged Prices |
| Timeline |
GFPT Public Lagged Returns
When evaluating GFPT Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GFPT Public stock have on its future price. GFPT 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, GFPT Public autocorrelation shows the relationship between GFPT Public stock current value and its past values and can show if there is a momentum factor associated with investing in GFPT Public.
Regressed Prices |
| Timeline |
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GFPT Public financial ratios help investors to determine whether GFPT 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 GFPT with respect to the benefits of owning GFPT Public security.