Origin Property (Thailand) Market Value
| ORI Stock | THB 3.80 0.06 1.60% |
| Symbol | Origin |
Origin Property '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 Origin Property'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 Origin Property.
| 01/01/2024 |
| 12/26/2024 |
If you would invest 0.00 in Origin Property on January 1, 2024 and sell it all today you would earn a total of 0.00 from holding Origin Property PCL or generate 0.0% return on investment in Origin Property over 360 days. Origin Property is related to or competes with Bangkok Bank, Siam Cement, PTT Public, SCB X, and Krung Thai. Origin Property Public Company Limited develops properties in Thailand More
Origin Property 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 Origin Property'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 Origin Property PCL upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 9.53 | |||
| Value At Risk | (3.98) | |||
| Potential Upside | 2.79 |
Origin Property Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Origin Property's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Origin Property's standard deviation. In reality, there are many statistical measures that can use Origin Property historical prices to predict the future Origin Property's volatility.| Risk Adjusted Performance | (0.21) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | (2.95) |
Origin Property PCL Backtested Returns
Origin Property PCL maintains Sharpe Ratio (i.e., Efficiency) of -0.25, which implies the firm had a -0.25% return per unit of risk over the last 3 months. Origin Property PCL exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Origin Property's Risk Adjusted Performance of (0.21), variance of 3.58, and Coefficient Of Variation of (377.93) to confirm the risk estimate we provide. The company holds a Beta of 0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, Origin Property's returns are expected to increase less than the market. However, during the bear market, the loss of holding Origin Property is expected to be smaller as well. At this point, Origin Property PCL has a negative expected return of -0.45%. Please make sure to check Origin Property's information ratio, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Origin Property PCL performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.36 |
Below average predictability
Origin Property PCL has below average predictability. Overlapping area represents the amount of predictability between Origin Property time series from 1st of January 2024 to 29th of June 2024 and 29th of June 2024 to 26th 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 Origin Property PCL price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Origin Property price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Origin Property PCL lagged returns against current returns
Autocorrelation, which is Origin Property 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 Origin Property's stock expected returns. We can calculate the autocorrelation of Origin Property returns to help us make a trade decision. For example, suppose you find that Origin Property 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 |
Origin Property 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 Origin Property stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Origin Property stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Origin Property stock over time.
Current vs Lagged Prices |
| Timeline |
Origin Property Lagged Returns
When evaluating Origin Property's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Origin Property stock have on its future price. Origin Property 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, Origin Property autocorrelation shows the relationship between Origin Property stock current value and its past values and can show if there is a momentum factor associated with investing in Origin Property PCL.
Regressed Prices |
| Timeline |
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Origin Property financial ratios help investors to determine whether Origin 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 Origin with respect to the benefits of owning Origin Property security.