Peerapat Technology (Thailand) Market Value
| PRAPAT Stock | THB 1.46 0.01 0.68% |
| Symbol | Peerapat |
Peerapat Technology '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 Peerapat Technology'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 Peerapat Technology.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Peerapat Technology on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Peerapat Technology Public or generate 0.0% return on investment in Peerapat Technology over 180 days. Peerapat Technology is related to or competes with Megachem Public, M Vision, NCL International, Pioneer, and Sirakorn PCL. Peerapat Technology Public Company Limited engages in the research, development, manufacture, and distribution of cleani... More
Peerapat Technology 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 Peerapat Technology'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 Peerapat Technology Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.79 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 10.43 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 4.11 |
Peerapat Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Peerapat Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Peerapat Technology's standard deviation. In reality, there are many statistical measures that can use Peerapat Technology historical prices to predict the future Peerapat Technology's volatility.| Risk Adjusted Performance | 0.0149 | |||
| Jensen Alpha | (0.0005) | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.1148 |
Peerapat Technology Backtested Returns
At this point, Peerapat Technology is very risky. Peerapat Technology maintains Sharpe Ratio (i.e., Efficiency) of 0.0158, which implies the firm had a 0.0158% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Peerapat Technology, which you can use to evaluate the volatility of the company. Please check Peerapat Technology's Semi Deviation of 1.51, coefficient of variation of 9192.51, and Risk Adjusted Performance of 0.0149 to confirm if the risk estimate we provide is consistent with the expected return of 0.0357%. Peerapat Technology has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 0.13, which implies not very significant fluctuations relative to the market. As returns on the market increase, Peerapat Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Peerapat Technology is expected to be smaller as well. Peerapat Technology right now holds a risk of 2.26%. Please check Peerapat Technology standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to decide if Peerapat Technology will be following its historical price patterns.
Auto-correlation | 0.60 |
Good predictability
Peerapat Technology Public has good predictability. Overlapping area represents the amount of predictability between Peerapat Technology time series from 30th of May 2024 to 28th of August 2024 and 28th of August 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 Peerapat Technology price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Peerapat Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Peerapat Technology lagged returns against current returns
Autocorrelation, which is Peerapat Technology 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 Peerapat Technology's stock expected returns. We can calculate the autocorrelation of Peerapat Technology returns to help us make a trade decision. For example, suppose you find that Peerapat Technology 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 |
Peerapat Technology 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 Peerapat Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Peerapat Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Peerapat Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Peerapat Technology Lagged Returns
When evaluating Peerapat Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Peerapat Technology stock have on its future price. Peerapat Technology 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, Peerapat Technology autocorrelation shows the relationship between Peerapat Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Peerapat Technology Public.
Regressed Prices |
| Timeline |
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Peerapat Technology financial ratios help investors to determine whether Peerapat 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 Peerapat with respect to the benefits of owning Peerapat Technology security.