PTG Energy (Thailand) Market Value
| PTG Stock | THB 8.65 0.25 2.81% |
| Symbol | PTG |
PTG Energy '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 PTG Energy'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 PTG Energy.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in PTG Energy on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding PTG Energy PCL or generate 0.0% return on investment in PTG Energy over 180 days. PTG Energy is related to or competes with SCB X, Kasikornbank Public, PTT Public, Kasikornbank Public, Siam Commercial, PTT Public, and Bangkok Bank. PTG Energy Public Company Limited trades in petroleum products, gas products, and supplies and equipment for oil service... More
PTG Energy 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 PTG Energy'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 PTG Energy PCL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.2 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 9.47 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 2.96 |
PTG Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PTG Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PTG Energy's standard deviation. In reality, there are many statistical measures that can use PTG Energy historical prices to predict the future PTG Energy's volatility.| Risk Adjusted Performance | 0.0204 | |||
| Jensen Alpha | 0.0402 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.27) |
PTG Energy PCL Backtested Returns
As of now, PTG Stock is somewhat reliable. PTG Energy PCL maintains Sharpe Ratio (i.e., Efficiency) of 0.006, which implies the firm had a 0.006% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for PTG Energy PCL, which you can use to evaluate the volatility of the company. Please check PTG Energy's risk adjusted performance of 0.0204, and Semi Deviation of 1.84 to confirm if the risk estimate we provide is consistent with the expected return of 0.0126%. The company holds a Beta of -0.1, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PTG Energy are expected to decrease at a much lower rate. During the bear market, PTG Energy is likely to outperform the market. PTG Energy PCL currently holds a risk of 2.1%. Please check PTG Energy PCL coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to decide if PTG Energy PCL will be following its historical price patterns.
Auto-correlation | -0.32 |
Poor reverse predictability
PTG Energy PCL has poor reverse predictability. Overlapping area represents the amount of predictability between PTG Energy 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 PTG Energy PCL price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current PTG Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
PTG Energy PCL lagged returns against current returns
Autocorrelation, which is PTG Energy 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 PTG Energy's stock expected returns. We can calculate the autocorrelation of PTG Energy returns to help us make a trade decision. For example, suppose you find that PTG Energy 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 |
PTG Energy 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 PTG Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PTG Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PTG Energy stock over time.
Current vs Lagged Prices |
| Timeline |
PTG Energy Lagged Returns
When evaluating PTG Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PTG Energy stock have on its future price. PTG Energy 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, PTG Energy autocorrelation shows the relationship between PTG Energy stock current value and its past values and can show if there is a momentum factor associated with investing in PTG Energy PCL.
Regressed Prices |
| Timeline |
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PTG Energy financial ratios help investors to determine whether PTG 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 PTG with respect to the benefits of owning PTG Energy security.