Project Planning (Thailand) Market Value
| PPS Stock | THB 0.21 0.00 0.00% |
| Symbol | Project |
Project Planning '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 Project Planning'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 Project Planning.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in Project Planning on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Project Planning Service or generate 0.0% return on investment in Project Planning over 360 days. Project Planning is related to or competes with Power Solution, Kingsmen CMTI, and Panjawattana Plastic. Project Planning Service Public Company Limited provides engineering and architectural services for the private and publ... More
Project Planning 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 Project Planning'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 Project Planning Service upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 24.76 | |||
| Value At Risk | (5.71) | |||
| Potential Upside | 5.0 |
Project Planning Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Project Planning's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Project Planning's standard deviation. In reality, there are many statistical measures that can use Project Planning historical prices to predict the future Project Planning's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.50) | |||
| Total Risk Alpha | (1.20) | |||
| Treynor Ratio | 1.08 |
Project Planning Service Backtested Returns
Project Planning Service maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the firm had a -0.14% return per unit of risk over the last 3 months. Project Planning Service exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Project Planning's Coefficient Of Variation of (728.27), risk adjusted performance of (0.09), and Variance of 16.3 to confirm the risk estimate we provide. The company holds a Beta of -0.52, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Project Planning are expected to decrease at a much lower rate. During the bear market, Project Planning is likely to outperform the market. At this point, Project Planning Service has a negative expected return of -0.57%. Please make sure to check Project Planning's potential upside, kurtosis, and the relationship between the maximum drawdown and skewness , to decide if Project Planning Service performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.20 |
Weak predictability
Project Planning Service has weak predictability. Overlapping area represents the amount of predictability between Project Planning time series from 18th of December 2023 to 15th of June 2024 and 15th of June 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 Project Planning Service price movement. The serial correlation of 0.2 indicates that over 20.0% of current Project Planning price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Project Planning Service lagged returns against current returns
Autocorrelation, which is Project Planning 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 Project Planning's stock expected returns. We can calculate the autocorrelation of Project Planning returns to help us make a trade decision. For example, suppose you find that Project Planning 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 |
Project Planning 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 Project Planning stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Project Planning stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Project Planning stock over time.
Current vs Lagged Prices |
| Timeline |
Project Planning Lagged Returns
When evaluating Project Planning's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Project Planning stock have on its future price. Project Planning 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, Project Planning autocorrelation shows the relationship between Project Planning stock current value and its past values and can show if there is a momentum factor associated with investing in Project Planning Service.
Regressed Prices |
| Timeline |
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Project Planning financial ratios help investors to determine whether Project 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 Project with respect to the benefits of owning Project Planning security.