Plan B (Thailand) Market Value
| PLANB Stock | THB 7.15 0.05 0.70% |
| Symbol | Plan |
Plan B '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 Plan B'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 Plan B.
| 01/04/2023 |
| 11/24/2024 |
If you would invest 0.00 in Plan B on January 4, 2023 and sell it all today you would earn a total of 0.00 from holding Plan B Media or generate 0.0% return on investment in Plan B over 690 days. Plan B is related to or competes with VGI Public, Minor International, BTS Group, Bangkok Dusit, and Home Product. Plan B Media Public Company Limited provides advertising media production services in Thailand More
Plan B 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 Plan B'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 Plan B Media upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.86 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 9.95 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 4.79 |
Plan B Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Plan B's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Plan B's standard deviation. In reality, there are many statistical measures that can use Plan B historical prices to predict the future Plan B's volatility.| Risk Adjusted Performance | 0.0156 | |||
| Jensen Alpha | 0.0619 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.04) |
Plan B Media Backtested Returns
Plan B is out of control given 3 months investment horizon. Plan B Media 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-nine different technical indicators, which can help you to evaluate if expected returns of 14.02% are justified by taking the suggested risk. Use Plan B Semi Deviation of 1.63, risk adjusted performance of 0.0156, and Coefficient Of Variation of 8258.04 to evaluate company specific risk that cannot be diversified away. Plan B holds a performance score of 8 on a scale of zero to a hundred. The company holds a Beta of -0.39, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Plan B are expected to decrease at a much lower rate. During the bear market, Plan B is likely to outperform the market. Use Plan B treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to analyze future returns on Plan B.
Auto-correlation | 0.04 |
Virtually no predictability
Plan B Media has virtually no predictability. Overlapping area represents the amount of predictability between Plan B time series from 4th of January 2023 to 15th of December 2023 and 15th of December 2023 to 24th 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 Plan B Media price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Plan B price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.72 |
Plan B Media lagged returns against current returns
Autocorrelation, which is Plan B 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 Plan B's stock expected returns. We can calculate the autocorrelation of Plan B returns to help us make a trade decision. For example, suppose you find that Plan B 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 |
Plan B 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 Plan B stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Plan B stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Plan B stock over time.
Current vs Lagged Prices |
| Timeline |
Plan B Lagged Returns
When evaluating Plan B's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Plan B stock have on its future price. Plan B 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, Plan B autocorrelation shows the relationship between Plan B stock current value and its past values and can show if there is a momentum factor associated with investing in Plan B Media.
Regressed Prices |
| Timeline |
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Plan B financial ratios help investors to determine whether Plan 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 Plan with respect to the benefits of owning Plan B security.