Peoples Garment (Thailand) Market Value
| PG Stock | 8.95 0.05 0.56% |
| Symbol | Peoples |
Peoples Garment '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 Peoples Garment'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 Peoples Garment.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Peoples Garment on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Peoples Garment Public or generate 0.0% return on investment in Peoples Garment over 720 days. Peoples Garment is related to or competes with SCB X, Kasikornbank Public, PTT Public, Kasikornbank Public, Siam Commercial, PTT Public, and Bangkok Bank. More
Peoples Garment 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 Peoples Garment'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 Peoples Garment Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 5.54 | |||
| Value At Risk | (1.11) | |||
| Potential Upside | 1.12 |
Peoples Garment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Peoples Garment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Peoples Garment's standard deviation. In reality, there are many statistical measures that can use Peoples Garment historical prices to predict the future Peoples Garment's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.16) |
Peoples Garment Public Backtested Returns
Peoples Garment is out of control given 3 months investment horizon. Peoples Garment Public maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have analyzed twenty-three different technical indicators, which can help you to evaluate if expected returns of 14.32% are justified by taking the suggested risk. Use Peoples Garment Coefficient Of Variation of (13,372), variance of 0.5698, and Risk Adjusted Performance of (0.01) to evaluate company specific risk that cannot be diversified away. Peoples Garment holds a performance score of 8 on a scale of zero to a hundred. The company holds a Beta of 0.0952, which implies not very significant fluctuations relative to the market. As returns on the market increase, Peoples Garment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Peoples Garment is expected to be smaller as well. Use Peoples Garment accumulation distribution, and the relationship between the potential upside and day median price , to analyze future returns on Peoples Garment.
Auto-correlation | 0.08 |
Virtually no predictability
Peoples Garment Public has virtually no predictability. Overlapping area represents the amount of predictability between Peoples Garment time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Peoples Garment Public price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Peoples Garment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.36 |
Peoples Garment Public lagged returns against current returns
Autocorrelation, which is Peoples Garment 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 Peoples Garment's stock expected returns. We can calculate the autocorrelation of Peoples Garment returns to help us make a trade decision. For example, suppose you find that Peoples Garment 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 |
Peoples Garment 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 Peoples Garment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Peoples Garment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Peoples Garment stock over time.
Current vs Lagged Prices |
| Timeline |
Peoples Garment Lagged Returns
When evaluating Peoples Garment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Peoples Garment stock have on its future price. Peoples Garment 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, Peoples Garment autocorrelation shows the relationship between Peoples Garment stock current value and its past values and can show if there is a momentum factor associated with investing in Peoples Garment Public.
Regressed Prices |
| Timeline |
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Peoples Garment financial ratios help investors to determine whether Peoples 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 Peoples with respect to the benefits of owning Peoples Garment security.