President Bakery (Thailand) Market Value
| PB Stock | THB 59.75 0.75 1.27% |
| Symbol | President |
President Bakery '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 President Bakery'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 President Bakery.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in President Bakery on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding President Bakery Public or generate 0.0% return on investment in President Bakery over 720 days. President Bakery is related to or competes with GFPT Public, Thai Union, Com7 PCL, and Ichitan Group. President Bakery Public Company Limited manufactures and sells bakery products in Thailand More
President Bakery 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 President Bakery'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 President Bakery Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 4.65 | |||
| Value At Risk | (1.27) | |||
| Potential Upside | 1.69 |
President Bakery Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for President Bakery's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as President Bakery's standard deviation. In reality, there are many statistical measures that can use President Bakery historical prices to predict the future President Bakery's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 0.8906 |
President Bakery Public Backtested Returns
President Bakery Public maintains Sharpe Ratio (i.e., Efficiency) of -0.004, which implies the firm had a -0.004% return per unit of risk over the last 3 months. President Bakery Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check President Bakery's Coefficient Of Variation of (26,244), insignificant risk adjusted performance, and Variance of 0.6584 to confirm the risk estimate we provide. The company holds a Beta of -0.0147, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning President Bakery are expected to decrease at a much lower rate. During the bear market, President Bakery is likely to outperform the market. At this point, President Bakery Public has a negative expected return of -0.0034%. Please make sure to check President Bakery's value at risk, accumulation distribution, and the relationship between the treynor ratio and skewness , to decide if President Bakery Public performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.55 |
Good reverse predictability
President Bakery Public has good reverse predictability. Overlapping area represents the amount of predictability between President Bakery time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 President Bakery Public price movement. The serial correlation of -0.55 indicates that about 55.0% of current President Bakery price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 13.13 |
President Bakery Public lagged returns against current returns
Autocorrelation, which is President Bakery 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 President Bakery's stock expected returns. We can calculate the autocorrelation of President Bakery returns to help us make a trade decision. For example, suppose you find that President Bakery 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 |
President Bakery 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 President Bakery stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if President Bakery stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in President Bakery stock over time.
Current vs Lagged Prices |
| Timeline |
President Bakery Lagged Returns
When evaluating President Bakery's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of President Bakery stock have on its future price. President Bakery 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, President Bakery autocorrelation shows the relationship between President Bakery stock current value and its past values and can show if there is a momentum factor associated with investing in President Bakery Public.
Regressed Prices |
| Timeline |
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President Bakery financial ratios help investors to determine whether President 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 President with respect to the benefits of owning President Bakery security.