Global Power (Thailand) Market Value
| GPSC Stock | THB 44.25 0.50 1.12% |
| Symbol | Global |
Global Power '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 Global Power'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 Global Power.
| 09/13/2024 |
| 12/12/2024 |
If you would invest 0.00 in Global Power on September 13, 2024 and sell it all today you would earn a total of 0.00 from holding Global Power Synergy or generate 0.0% return on investment in Global Power over 90 days. Global Power is related to or competes with WHA Public, TPI Polene, Bangkok Expressway, and BGrimm Power. Global Power Synergy Public Company Limited, together with its subsidiaries, engages in the production and distribution ... More
Global Power 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 Global Power'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 Global Power Synergy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.22 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 9.71 | |||
| Value At Risk | (3.39) | |||
| Potential Upside | 2.85 |
Global Power Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Power's standard deviation. In reality, there are many statistical measures that can use Global Power historical prices to predict the future Global Power's volatility.| Risk Adjusted Performance | 0.0423 | |||
| Jensen Alpha | 0.0886 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (1.85) |
Global Power Synergy Backtested Returns
Global Power Synergy holds Efficiency (Sharpe) Ratio of -0.0169, which attests that the entity had a -0.0169% return per unit of risk over the last 3 months. Global Power Synergy exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Power's Market Risk Adjusted Performance of (1.84), downside deviation of 2.22, and Risk Adjusted Performance of 0.0423 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.045, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Global Power are expected to decrease at a much lower rate. During the bear market, Global Power is likely to outperform the market. At this point, Global Power Synergy has a negative expected return of -0.0304%. Please make sure to check out Global Power's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Global Power Synergy performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.56 |
Good reverse predictability
Global Power Synergy has good reverse predictability. Overlapping area represents the amount of predictability between Global Power time series from 13th of September 2024 to 28th of October 2024 and 28th of October 2024 to 12th 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 Global Power Synergy price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Global Power price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 1.71 |
Global Power Synergy lagged returns against current returns
Autocorrelation, which is Global Power 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 Global Power's stock expected returns. We can calculate the autocorrelation of Global Power returns to help us make a trade decision. For example, suppose you find that Global Power 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 |
Global Power 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 Global Power stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Power stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Power stock over time.
Current vs Lagged Prices |
| Timeline |
Global Power Lagged Returns
When evaluating Global Power's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Power stock have on its future price. Global Power 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, Global Power autocorrelation shows the relationship between Global Power stock current value and its past values and can show if there is a momentum factor associated with investing in Global Power Synergy.
Regressed Prices |
| Timeline |
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Global Power financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Power security.