Grand Prix (Thailand) Market Value
| GPI Stock | THB 1.73 0.00 0.00% |
| Symbol | Grand |
Grand Prix '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 Grand Prix'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 Grand Prix.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Grand Prix on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Grand Prix International or generate 0.0% return on investment in Grand Prix over 30 days. Grand Prix is related to or competes with Interlink Communication, Aqua Public, BEC World, and Erawan. Grand Prix International Public Company Limited operates automotive-related exhibitions in Thailand and internationally More
Grand Prix 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 Grand Prix'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 Grand Prix International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.95 | |||
| Information Ratio | 0.0583 | |||
| Maximum Drawdown | 9.79 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 4.12 |
Grand Prix Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grand Prix's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grand Prix's standard deviation. In reality, there are many statistical measures that can use Grand Prix historical prices to predict the future Grand Prix's volatility.| Risk Adjusted Performance | 0.0548 | |||
| Jensen Alpha | 0.1159 | |||
| Total Risk Alpha | 0.1039 | |||
| Sortino Ratio | 0.0573 | |||
| Treynor Ratio | 0.6161 |
Grand Prix International Backtested Returns
As of now, Grand Stock is unstable. Grand Prix International holds Efficiency (Sharpe) Ratio of 0.0494, which attests that the entity had a 0.0494 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Grand Prix International, which you can use to evaluate the volatility of the firm. Please check out Grand Prix's market risk adjusted performance of 0.6261, and Risk Adjusted Performance of 0.0548 to validate if the risk estimate we provide is consistent with the expected return of 0.098%. Grand Prix has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Grand Prix's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grand Prix is expected to be smaller as well. Grand Prix International right now retains a risk of 1.98%. Please check out Grand Prix market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Grand Prix will be following its current trending patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Grand Prix International has no correlation between past and present. Overlapping area represents the amount of predictability between Grand Prix time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th 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 Grand Prix International price movement. The serial correlation of 0.0 indicates that just 0.0% of current Grand Prix price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Grand Prix International lagged returns against current returns
Autocorrelation, which is Grand Prix 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 Grand Prix's stock expected returns. We can calculate the autocorrelation of Grand Prix returns to help us make a trade decision. For example, suppose you find that Grand Prix 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 |
Grand Prix 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 Grand Prix stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grand Prix stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grand Prix stock over time.
Current vs Lagged Prices |
| Timeline |
Grand Prix Lagged Returns
When evaluating Grand Prix's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grand Prix stock have on its future price. Grand Prix 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, Grand Prix autocorrelation shows the relationship between Grand Prix stock current value and its past values and can show if there is a momentum factor associated with investing in Grand Prix International.
Regressed Prices |
| Timeline |
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Grand Prix financial ratios help investors to determine whether Grand 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 Grand with respect to the benefits of owning Grand Prix security.