Porn Prom (Thailand) Market Value
| PPM Stock | THB 1.60 0.03 1.84% |
| Symbol | Porn |
Porn Prom '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 Porn Prom'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 Porn Prom.
| 01/06/2023 |
| 11/26/2024 |
If you would invest 0.00 in Porn Prom on January 6, 2023 and sell it all today you would earn a total of 0.00 from holding Porn Prom Metal or generate 0.0% return on investment in Porn Prom over 690 days. Porn Prom is related to or competes with WHA Public, Siri Prime, Ananda Development, and Bangkok Land. Porn Prom Metal Public Company Limited distributes metal products in Thailand More
Porn Prom 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 Porn Prom'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 Porn Prom Metal upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 31.92 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 2.06 |
Porn Prom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Porn Prom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Porn Prom's standard deviation. In reality, there are many statistical measures that can use Porn Prom historical prices to predict the future Porn Prom's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.78) | |||
| Treynor Ratio | (0.57) |
Porn Prom Metal Backtested Returns
Porn Prom Metal maintains Sharpe Ratio (i.e., Efficiency) of -0.0712, which implies the firm had a -0.0712% return per unit of risk over the last 3 months. Porn Prom Metal exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Porn Prom's Risk Adjusted Performance of (0.04), coefficient of variation of (1,556), and Variance of 12.2 to confirm the risk estimate we provide. The company holds a Beta of 0.41, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Porn Prom's returns are expected to increase less than the market. However, during the bear market, the loss of holding Porn Prom is expected to be smaller as well. At this point, Porn Prom Metal has a negative expected return of -0.26%. Please make sure to check Porn Prom's skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if Porn Prom Metal performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.01 |
Very weak reverse predictability
Porn Prom Metal has very weak reverse predictability. Overlapping area represents the amount of predictability between Porn Prom time series from 6th of January 2023 to 17th of December 2023 and 17th of December 2023 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 Porn Prom Metal price movement. The serial correlation of -0.01 indicates that just 1.0% of current Porn Prom price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Porn Prom Metal lagged returns against current returns
Autocorrelation, which is Porn Prom 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 Porn Prom's stock expected returns. We can calculate the autocorrelation of Porn Prom returns to help us make a trade decision. For example, suppose you find that Porn Prom 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 |
Porn Prom 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 Porn Prom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Porn Prom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Porn Prom stock over time.
Current vs Lagged Prices |
| Timeline |
Porn Prom Lagged Returns
When evaluating Porn Prom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Porn Prom stock have on its future price. Porn Prom 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, Porn Prom autocorrelation shows the relationship between Porn Prom stock current value and its past values and can show if there is a momentum factor associated with investing in Porn Prom Metal.
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 Porn Stock
Porn Prom financial ratios help investors to determine whether Porn 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 Porn with respect to the benefits of owning Porn Prom security.