AP Public (Thailand) Market Value
| AP Stock | THB 8.70 0.05 0.58% |
| Symbol | AP Public |
AP 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 AP 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 AP Public.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in AP Public on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding AP Public or generate 0.0% return on investment in AP Public over 720 days. AP Public is related to or competes with SCB X, and Krung Thai. AP Public Company Limited, together with its subsidiaries, engages in the real estate development activities in Thailand More
AP 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 AP 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 AP Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.69 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 10.37 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 3.0 |
AP Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AP Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AP Public's standard deviation. In reality, there are many statistical measures that can use AP Public historical prices to predict the future AP Public's volatility.| Risk Adjusted Performance | 0.0385 | |||
| Jensen Alpha | 0.0865 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.44) |
AP Public Backtested Returns
As of now, AP Public Stock is not too volatile. AP Public retains Efficiency (Sharpe Ratio) of 0.0389, which signifies that the company had a 0.0389% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for AP Public, which you can use to evaluate the volatility of the firm. Please confirm AP Public's Market Risk Adjusted Performance of (0.43), coefficient of variation of 2338.19, and Standard Deviation of 1.84 to double-check if the risk estimate we provide is consistent with the expected return of 0.0728%. AP Public has a performance score of 3 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AP Public are expected to decrease at a much lower rate. During the bear market, AP Public is likely to outperform the market. AP Public today owns a risk of 1.87%. Please confirm AP Public mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and total risk alpha , to decide if AP Public will be following its current price history.
Auto-correlation | -0.33 |
Poor reverse predictability
AP Public has poor reverse predictability. Overlapping area represents the amount of predictability between AP Public time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 AP Public price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current AP Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.71 |
AP Public lagged returns against current returns
Autocorrelation, which is AP 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 AP Public's stock expected returns. We can calculate the autocorrelation of AP Public returns to help us make a trade decision. For example, suppose you find that AP 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 |
AP 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 AP Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AP Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AP Public stock over time.
Current vs Lagged Prices |
| Timeline |
AP Public Lagged Returns
When evaluating AP Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AP Public stock have on its future price. AP 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, AP Public autocorrelation shows the relationship between AP Public stock current value and its past values and can show if there is a momentum factor associated with investing in AP Public.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in AP Public Stock
AP Public financial ratios help investors to determine whether AP Public 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 AP Public with respect to the benefits of owning AP Public security.