GFPT Public (Thailand) Market Value
| GFPT Stock | THB 12.90 0.30 2.38% |
| Symbol | GFPT |
GFPT 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 GFPT 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 GFPT Public.
| 04/01/2024 |
| 05/01/2024 |
If you would invest 0.00 in GFPT Public on April 1, 2024 and sell it all today you would earn a total of 0.00 from holding GFPT Public or generate 0.0% return on investment in GFPT Public over 30 days. GFPT Public is related to or competes with Airports, PTT Public, Bangkok Dusit, and Kasikornbank Public. GFPT Public Company Limited, together with its subsidiaries, produces and distributes frozen and cooked chicken products... More
GFPT 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 GFPT 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 GFPT Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.48 | |||
| Information Ratio | 0.1461 | |||
| Maximum Drawdown | 5.88 | |||
| Value At Risk | (1.67) | |||
| Potential Upside | 2.58 |
GFPT Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GFPT Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GFPT Public's standard deviation. In reality, there are many statistical measures that can use GFPT Public historical prices to predict the future GFPT Public's volatility.| Risk Adjusted Performance | 0.1256 | |||
| Jensen Alpha | 0.2843 | |||
| Total Risk Alpha | 0.1496 | |||
| Sortino Ratio | 0.1431 | |||
| Treynor Ratio | (0.57) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of GFPT Public's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
GFPT Public Backtested Returns
GFPT Public appears to be not too volatile, given 3 months investment horizon. GFPT Public holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for GFPT Public, which you can use to evaluate the volatility of the firm. Please utilize GFPT Public's market risk adjusted performance of (0.56), and Risk Adjusted Performance of 0.1256 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, GFPT Public holds a performance score of 11. The company retains a Market Volatility (i.e., Beta) of -0.46, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning GFPT Public are expected to decrease at a much lower rate. During the bear market, GFPT Public is likely to outperform the market. Please check GFPT Public's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether GFPT Public's current trending patterns will revert.
Auto-correlation | -0.13 |
Insignificant reverse predictability
GFPT Public has insignificant reverse predictability. Overlapping area represents the amount of predictability between GFPT Public time series from 1st of April 2024 to 16th of April 2024 and 16th of April 2024 to 1st of May 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 GFPT Public price movement. The serial correlation of -0.13 indicates that less than 13.0% of current GFPT Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
GFPT Public lagged returns against current returns
Autocorrelation, which is GFPT 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 GFPT Public's stock expected returns. We can calculate the autocorrelation of GFPT Public returns to help us make a trade decision. For example, suppose you find that GFPT 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 |
GFPT 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 GFPT Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GFPT Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GFPT Public stock over time.
Current vs Lagged Prices |
| Timeline |
GFPT Public Lagged Returns
When evaluating GFPT Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GFPT Public stock have on its future price. GFPT 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, GFPT Public autocorrelation shows the relationship between GFPT Public stock current value and its past values and can show if there is a momentum factor associated with investing in GFPT Public.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards GFPT Public in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, GFPT Public's short interest history, or implied volatility extrapolated from GFPT Public options trading.
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Complementary Tools for GFPT Stock analysis
When running GFPT Public's price analysis, check to measure GFPT Public's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GFPT Public is operating at the current time. Most of GFPT Public's value examination focuses on studying past and present price action to predict the probability of GFPT Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GFPT Public's price. Additionally, you may evaluate how the addition of GFPT Public to your portfolios can decrease your overall portfolio volatility.
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GFPT Public technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.