Prospect Logistics (Thailand) Market Value
| PROSPECT | THB 8.55 0.05 0.59% |
| Symbol | Prospect |
Prospect Logistics '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 Prospect Logistics' 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 Prospect Logistics.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Prospect Logistics on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Prospect Logistics and or generate 0.0% return on investment in Prospect Logistics over 30 days. Prospect Logistics is related to or competes with Quality Houses, Impact Growth, Quality Houses, and Prime Office. More
Prospect Logistics 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 Prospect Logistics' 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 Prospect Logistics and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9948 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 6.41 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 1.37 |
Prospect Logistics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prospect Logistics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prospect Logistics' standard deviation. In reality, there are many statistical measures that can use Prospect Logistics historical prices to predict the future Prospect Logistics' volatility.| Risk Adjusted Performance | 0.055 | |||
| Jensen Alpha | 0.0742 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.28) |
Prospect Logistics and Backtested Returns
At this point, Prospect Logistics is out of control. Prospect Logistics and maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Prospect Logistics and, which you can use to evaluate the volatility of the company. Please check Prospect Logistics' Semi Deviation of 0.5954, risk adjusted performance of 0.055, and Coefficient Of Variation of 1425.1 to confirm if the risk estimate we provide is consistent with the expected return of 0.0938%. Prospect Logistics has a performance score of 8 on a scale of 0 to 100. The company holds a Beta of -0.19, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Prospect Logistics are expected to decrease at a much lower rate. During the bear market, Prospect Logistics is likely to outperform the market. Prospect Logistics and right now holds a risk of 0.9%. Please check Prospect Logistics and potential upside, as well as the relationship between the accumulation distribution and period momentum indicator , to decide if Prospect Logistics and will be following its historical price patterns.
Auto-correlation | 0.21 |
Weak predictability
Prospect Logistics and has weak predictability. Overlapping area represents the amount of predictability between Prospect Logistics time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Prospect Logistics and price movement. The serial correlation of 0.21 indicates that over 21.0% of current Prospect Logistics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Prospect Logistics and lagged returns against current returns
Autocorrelation, which is Prospect Logistics 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 Prospect Logistics' stock expected returns. We can calculate the autocorrelation of Prospect Logistics returns to help us make a trade decision. For example, suppose you find that Prospect Logistics 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 |
Prospect Logistics 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 Prospect Logistics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prospect Logistics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prospect Logistics stock over time.
Current vs Lagged Prices |
| Timeline |
Prospect Logistics Lagged Returns
When evaluating Prospect Logistics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prospect Logistics stock have on its future price. Prospect Logistics 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, Prospect Logistics autocorrelation shows the relationship between Prospect Logistics stock current value and its past values and can show if there is a momentum factor associated with investing in Prospect Logistics and.
Regressed Prices |
| Timeline |
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Prospect Logistics financial ratios help investors to determine whether Prospect 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 Prospect with respect to the benefits of owning Prospect Logistics security.