PM Thoresen (Thailand) Market Value
| PMTA Stock | THB 9.40 0.05 0.53% |
| Symbol | PMTA |
PM Thoresen '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 PM Thoresen'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 PM Thoresen.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in PM Thoresen on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding PM Thoresen Asia or generate 0.0% return on investment in PM Thoresen over 90 days. PM Thoresen is related to or competes with Hwa Fong, Inoue Rubber, Lohakit Metal, and Lam Soon. PM Thoresen Asia Holdings Public Company Limited, an investment holding company, manufactures and sells agrochemical pro... More
PM Thoresen 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 PM Thoresen'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 PM Thoresen Asia upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.45 | |||
| Information Ratio | 0.0741 | |||
| Maximum Drawdown | 14.54 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 4.55 |
PM Thoresen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PM Thoresen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PM Thoresen's standard deviation. In reality, there are many statistical measures that can use PM Thoresen historical prices to predict the future PM Thoresen's volatility.| Risk Adjusted Performance | 0.148 | |||
| Jensen Alpha | 0.3478 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0647 | |||
| Treynor Ratio | (2.59) |
PM Thoresen Asia Backtested Returns
PM Thoresen appears to be somewhat reliable, given 3 months investment horizon. PM Thoresen Asia retains Efficiency (Sharpe Ratio) of 0.14, which implies the firm had a 0.14 % return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for PM Thoresen, which you can use to evaluate the volatility of the company. Please evaluate PM Thoresen's market risk adjusted performance of (2.58), and Standard Deviation of 2.13 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, PM Thoresen holds a performance score of 11. The company owns a Beta (Systematic Risk) of -0.13, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PM Thoresen are expected to decrease at a much lower rate. During the bear market, PM Thoresen is likely to outperform the market. Please check PM Thoresen's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether PM Thoresen's current price history will revert.
Auto-correlation | -0.27 |
Weak reverse predictability
PM Thoresen Asia has weak reverse predictability. Overlapping area represents the amount of predictability between PM Thoresen time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PM Thoresen Asia price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current PM Thoresen price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
PM Thoresen Asia lagged returns against current returns
Autocorrelation, which is PM Thoresen 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 PM Thoresen's stock expected returns. We can calculate the autocorrelation of PM Thoresen returns to help us make a trade decision. For example, suppose you find that PM Thoresen 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 |
PM Thoresen 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 PM Thoresen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PM Thoresen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PM Thoresen stock over time.
Current vs Lagged Prices |
| Timeline |
PM Thoresen Lagged Returns
When evaluating PM Thoresen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PM Thoresen stock have on its future price. PM Thoresen 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, PM Thoresen autocorrelation shows the relationship between PM Thoresen stock current value and its past values and can show if there is a momentum factor associated with investing in PM Thoresen Asia.
Regressed Prices |
| Timeline |
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PM Thoresen financial ratios help investors to determine whether PMTA 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 PMTA with respect to the benefits of owning PM Thoresen security.