Pylon Public (Thailand) Market Value
| PYLON Stock | THB 1.90 0.01 0.52% |
| Symbol | Pylon |
Pylon Public '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 Pylon Public'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 Pylon Public.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Pylon Public on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Pylon Public or generate 0.0% return on investment in Pylon Public over 720 days. Pylon Public is related to or competes with Tata Steel, Thaifoods Group, TMT Steel, Erawan, Airports, Eastern Technical, and Pylon Public. Pylon Public Company Limited, together with its subsidiaries, provides construction services in Thailand More
Pylon Public 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 Pylon Public'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 Pylon Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.16 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 13.56 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 2.56 |
Pylon Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pylon Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pylon Public's standard deviation. In reality, there are many statistical measures that can use Pylon Public historical prices to predict the future Pylon Public's volatility.| Risk Adjusted Performance | 0.0372 | |||
| Jensen Alpha | 0.1092 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.19) |
Pylon Public Backtested Returns
Pylon Public is out of control given 3 months investment horizon. Pylon Public maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have analyzed twenty-seven different technical indicators, which can help you to evaluate if expected returns of 14.39% are justified by taking the suggested risk. Use Pylon Public Semi Deviation of 1.31, risk adjusted performance of 0.0372, and Coefficient Of Variation of 2458.21 to evaluate company specific risk that cannot be diversified away. Pylon Public holds a performance score of 8 on a scale of zero to a hundred. The company holds a Beta of -0.38, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Pylon Public are expected to decrease at a much lower rate. During the bear market, Pylon Public is likely to outperform the market. Use Pylon Public maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to analyze future returns on Pylon Public.
Auto-correlation | 0.61 |
Good predictability
Pylon Public has good predictability. Overlapping area represents the amount of predictability between Pylon Public time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Pylon Public price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Pylon Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Pylon Public lagged returns against current returns
Autocorrelation, which is Pylon Public 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 Pylon Public's stock expected returns. We can calculate the autocorrelation of Pylon Public returns to help us make a trade decision. For example, suppose you find that Pylon Public 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 |
Pylon Public 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 Pylon Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pylon Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pylon Public stock over time.
Current vs Lagged Prices |
| Timeline |
Pylon Public Lagged Returns
When evaluating Pylon Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pylon Public stock have on its future price. Pylon Public 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, Pylon Public autocorrelation shows the relationship between Pylon Public stock current value and its past values and can show if there is a momentum factor associated with investing in Pylon Public.
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 Pylon Stock
Pylon Public financial ratios help investors to determine whether Pylon 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 Pylon with respect to the benefits of owning Pylon Public security.