President Bakery (Thailand) Market Value
| PB Stock | THB 68.25 0.25 0.37% |
| 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.
| 05/04/2022 |
| 04/23/2024 |
If you would invest 0.00 in President Bakery on May 4, 2022 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 Beauty Community, Jay Mart, MC Group, and Mega Lifesciences. 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 | (0.16) | |||
| Maximum Drawdown | 3.65 | |||
| Value At Risk | (0.74) | |||
| Potential Upside | 1.09 |
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 | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | 0.2882 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of President Bakery'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.
President Bakery Public Backtested Returns
President Bakery Public maintains Sharpe Ratio (i.e., Efficiency) of -0.026, which implies the firm had a -0.026% 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 (4,273), risk adjusted performance of (0.01), and Variance of 0.3884 to confirm the risk estimate we provide. The company holds a Beta of -0.0853, 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. President Bakery Public has an expected return of -0.0165%. Please make sure to check President Bakery Public 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 | -0.47 |
Modest reverse predictability
President Bakery Public has modest reverse predictability. Overlapping area represents the amount of predictability between President Bakery time series from 4th of May 2022 to 29th of April 2023 and 29th of April 2023 to 23rd of April 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 -0.47 indicates that about 47.0% of current President Bakery price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.54 |
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 |
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 President Bakery 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, President Bakery's short interest history, or implied volatility extrapolated from President Bakery options trading.
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Check out President Bakery Correlation, President Bakery Volatility and President Bakery Alpha and Beta module to complement your research on President Bakery. Note that the President Bakery Public information on this page should be used as a complementary analysis to other President Bakery's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for President Stock analysis
When running President Bakery's price analysis, check to measure President Bakery'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 President Bakery is operating at the current time. Most of President Bakery's value examination focuses on studying past and present price action to predict the probability of President Bakery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move President Bakery's price. Additionally, you may evaluate how the addition of President Bakery to your portfolios can decrease your overall portfolio volatility.
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President Bakery 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.