Wp Energy (Thailand) Market Value
| WP Stock | THB 3.50 0.02 0.57% |
| Symbol | Wp Energy |
Wp 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 Wp 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 Wp Energy.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Wp Energy on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Wp Energy Public or generate 0.0% return on investment in Wp Energy over 720 days. Wp Energy is related to or competes with Workpoint Entertainment, WHA Utilities, Wave Entertainment, VGI Public, and TPI Polene. More
Wp 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 Wp 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 Wp Energy Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 6.61 | |||
| Value At Risk | (1.57) | |||
| Potential Upside | 1.59 |
Wp Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wp Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wp Energy's standard deviation. In reality, there are many statistical measures that can use Wp Energy historical prices to predict the future Wp Energy's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | 1.16 |
Wp Energy Public Backtested Returns
Wp Energy is out of control given 3 months investment horizon. Wp Energy Public retains Efficiency (Sharpe Ratio) of 0.11, which attests that the company had a 0.11% return per unit of price deviation over the last 3 months. We have analyzed twenty-three different technical indicators, which can help you to evaluate if expected returns of 13.92% are justified by taking the suggested risk. Use Wp Energy Public market risk adjusted performance of 1.17, and Information Ratio of (0.24) to evaluate company specific risk that cannot be diversified away. Wp Energy holds a performance score of 8 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of -0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Wp Energy are expected to decrease at a much lower rate. During the bear market, Wp Energy is likely to outperform the market. Use Wp Energy Public value at risk, rate of daily change, and the relationship between the total risk alpha and kurtosis , to analyze future returns on Wp Energy Public.
Auto-correlation | 0.10 |
Insignificant predictability
Wp Energy Public has insignificant predictability. Overlapping area represents the amount of predictability between Wp Energy time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st of December 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 Wp Energy Public price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Wp Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Wp Energy Public lagged returns against current returns
Autocorrelation, which is Wp 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 Wp Energy's stock expected returns. We can calculate the autocorrelation of Wp Energy returns to help us make a trade decision. For example, suppose you find that Wp 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 |
Wp 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 Wp Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wp Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wp Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Wp Energy Lagged Returns
When evaluating Wp Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wp Energy stock have on its future price. Wp 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, Wp Energy autocorrelation shows the relationship between Wp Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Wp Energy Public.
Regressed Prices |
| Timeline |
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Wp Energy financial ratios help investors to determine whether Wp Energy 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 Wp Energy with respect to the benefits of owning Wp Energy security.