STPI Public (Thailand) Market Value

STPI Stock  THB 2.58  0.06  2.27%   
STPI Public's market value is the price at which a share of STPI Public trades on a public exchange. It measures the collective expectations of STPI Public investors about its performance. STPI Public is selling for 2.58 as of the 16th of February 2025. This is a 2.27 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 2.54.
With this module, you can estimate the performance of a buy and hold strategy of STPI Public and determine expected loss or profit from investing in STPI Public over a given investment horizon. Check out STPI Public Correlation, STPI Public Volatility and STPI Public Alpha and Beta module to complement your research on STPI Public.
Symbol

Please note, there is a significant difference between STPI Public's value and its price as these two are different measures arrived at by different means. Investors typically determine if STPI Public is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, STPI Public's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

STPI 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 STPI 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 STPI Public.
0.00
01/17/2025
No Change 0.00  0.0 
In 31 days
02/16/2025
0.00
If you would invest  0.00  in STPI Public on January 17, 2025 and sell it all today you would earn a total of 0.00 from holding STPI Public or generate 0.0% return on investment in STPI Public over 30 days. STPI Public is related to or competes with Lalin Property, Land, Banpu Public, TISCO Financial, and Haad Thip. STPI Public Company Limited engages in the steel fabrication works, and manufacture of boilers and pressure vessels prim... More

STPI 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 STPI 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 STPI Public upside and downside potential and time the market with a certain degree of confidence.

STPI Public Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for STPI Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as STPI Public's standard deviation. In reality, there are many statistical measures that can use STPI Public historical prices to predict the future STPI Public's volatility.
Hype
Prediction
LowEstimatedHigh
0.532.584.63
Details
Intrinsic
Valuation
LowRealHigh
0.342.394.44
Details
Naive
Forecast
LowNextHigh
0.392.444.49
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.572.893.20
Details

STPI Public Backtested Returns

STPI Public owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.21, which indicates the firm had a -0.21 % return per unit of standard deviation over the last 3 months. STPI Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate STPI Public's risk adjusted performance of (0.19), and Variance of 4.31 to confirm the risk estimate we provide. The entity has a beta of 0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, STPI Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding STPI Public is expected to be smaller as well. At this point, STPI Public has a negative expected return of -0.43%. Please make sure to validate STPI Public's potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if STPI Public performance from the past will be repeated at some future point.

Auto-correlation

    
  0.02  

Virtually no predictability

STPI Public has virtually no predictability. Overlapping area represents the amount of predictability between STPI Public time series from 17th of January 2025 to 1st of February 2025 and 1st of February 2025 to 16th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of STPI Public price movement. The serial correlation of 0.02 indicates that only 2.0% of current STPI Public price fluctuation can be explain by its past prices.
Correlation Coefficient0.02
Spearman Rank Test-0.01
Residual Average0.0
Price Variance0.02

STPI Public lagged returns against current returns

Autocorrelation, which is STPI 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 STPI Public's stock expected returns. We can calculate the autocorrelation of STPI Public returns to help us make a trade decision. For example, suppose you find that STPI 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  

STPI 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 STPI Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if STPI Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in STPI Public stock over time.
   Current vs Lagged Prices   
       Timeline  

STPI Public Lagged Returns

When evaluating STPI Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of STPI Public stock have on its future price. STPI 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, STPI Public autocorrelation shows the relationship between STPI Public stock current value and its past values and can show if there is a momentum factor associated with investing in STPI Public.
   Regressed Prices   
       Timeline  

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Other Information on Investing in STPI Stock

STPI Public financial ratios help investors to determine whether STPI 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 STPI with respect to the benefits of owning STPI Public security.