Osotspa Public (Thailand) Market Value
| OSP Stock | 21.30 0.10 0.47% |
| Symbol | Osotspa |
Osotspa 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 Osotspa 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 Osotspa Public.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Osotspa Public on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Osotspa Public or generate 0.0% return on investment in Osotspa Public over 30 days. Osotspa Public is related to or competes with Carabao Group, CP ALL, Minor International, Gulf Energy, and Thai Union. More
Osotspa 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 Osotspa 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 Osotspa Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 8.47 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 2.71 |
Osotspa Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Osotspa Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Osotspa Public's standard deviation. In reality, there are many statistical measures that can use Osotspa Public historical prices to predict the future Osotspa Public's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (1.40) |
Osotspa Public Backtested Returns
Osotspa Public maintains Sharpe Ratio (i.e., Efficiency) of -0.0375, which implies the firm had a -0.0375% return per unit of risk over the last 3 months. Osotspa Public exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Osotspa Public's Coefficient Of Variation of (2,500), risk adjusted performance of (0.02), and Variance of 3.38 to confirm the risk estimate we provide. The company holds a Beta of 0.0597, which implies not very significant fluctuations relative to the market. As returns on the market increase, Osotspa Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding Osotspa Public is expected to be smaller as well. At this point, Osotspa Public has a negative expected return of -0.0708%. Please make sure to check Osotspa Public's potential upside, kurtosis, and the relationship between the maximum drawdown and skewness , to decide if Osotspa Public performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.01 |
Virtually no predictability
Osotspa Public has virtually no predictability. Overlapping area represents the amount of predictability between Osotspa Public time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Osotspa Public price movement. The serial correlation of 0.01 indicates that just 1.0% of current Osotspa Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Osotspa Public lagged returns against current returns
Autocorrelation, which is Osotspa 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 Osotspa Public's stock expected returns. We can calculate the autocorrelation of Osotspa Public returns to help us make a trade decision. For example, suppose you find that Osotspa 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 |
Osotspa 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 Osotspa Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Osotspa Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Osotspa Public stock over time.
Current vs Lagged Prices |
| Timeline |
Osotspa Public Lagged Returns
When evaluating Osotspa Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Osotspa Public stock have on its future price. Osotspa 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, Osotspa Public autocorrelation shows the relationship between Osotspa Public stock current value and its past values and can show if there is a momentum factor associated with investing in Osotspa Public.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Osotspa Stock
Osotspa Public financial ratios help investors to determine whether Osotspa 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 Osotspa with respect to the benefits of owning Osotspa Public security.