Premier Marketing (Thailand) Market Value
| PM Stock | THB 9.35 0.10 1.06% |
| Symbol | Premier |
Premier Marketing '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 Premier Marketing'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 Premier Marketing.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Premier Marketing on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Premier Marketing Public or generate 0.0% return on investment in Premier Marketing over 30 days. Premier Marketing is related to or competes with Minor International, and Central Pattana. Premier Marketing Public Company Limited distributes consumer products in Thailand, Japan, and internationally More
Premier Marketing 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 Premier Marketing'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 Premier Marketing Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.2 | |||
| Information Ratio | 0.0806 | |||
| Maximum Drawdown | 13.1 | |||
| Value At Risk | (1.71) | |||
| Potential Upside | 2.33 |
Premier Marketing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Premier Marketing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Premier Marketing's standard deviation. In reality, there are many statistical measures that can use Premier Marketing historical prices to predict the future Premier Marketing's volatility.| Risk Adjusted Performance | 0.1226 | |||
| Jensen Alpha | 0.2823 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.123 | |||
| Treynor Ratio | (2.23) |
Premier Marketing Public Backtested Returns
Premier Marketing appears to be not too volatile, given 3 months investment horizon. Premier Marketing Public maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Premier Marketing Public, which you can use to evaluate the volatility of the company. Please evaluate Premier Marketing's Semi Deviation of 0.7106, coefficient of variation of 656.5, and Risk Adjusted Performance of 0.1226 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Premier Marketing holds a performance score of 11. The company holds a Beta of -0.12, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Premier Marketing are expected to decrease at a much lower rate. During the bear market, Premier Marketing is likely to outperform the market. Please check Premier Marketing's standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to make a quick decision on whether Premier Marketing's historical price patterns will revert.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Premier Marketing Public has insignificant reverse predictability. Overlapping area represents the amount of predictability between Premier Marketing time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Premier Marketing Public price movement. The serial correlation of -0.18 indicates that over 18.0% of current Premier Marketing price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Premier Marketing Public lagged returns against current returns
Autocorrelation, which is Premier Marketing 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 Premier Marketing's stock expected returns. We can calculate the autocorrelation of Premier Marketing returns to help us make a trade decision. For example, suppose you find that Premier Marketing 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 |
Premier Marketing 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 Premier Marketing stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Premier Marketing stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Premier Marketing stock over time.
Current vs Lagged Prices |
| Timeline |
Premier Marketing Lagged Returns
When evaluating Premier Marketing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Premier Marketing stock have on its future price. Premier Marketing 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, Premier Marketing autocorrelation shows the relationship between Premier Marketing stock current value and its past values and can show if there is a momentum factor associated with investing in Premier Marketing Public.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in Premier Stock
Premier Marketing financial ratios help investors to determine whether Premier 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 Premier with respect to the benefits of owning Premier Marketing security.