Areeya Property (Thailand) Market Value
| A Stock | 4.90 0.02 0.41% |
| Symbol | Areeya |
Areeya Property '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 Areeya Property'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 Areeya Property.
| 04/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Areeya Property on April 6, 2024 and sell it all today you would earn a total of 0.00 from holding Areeya Property Public or generate 0.0% return on investment in Areeya Property over 240 days. Areeya Property is related to or competes with Ananda Development, AP Public, Country Group, Eastern Star, and Asia Aviation. More
Areeya Property 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 Areeya Property'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 Areeya Property Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.50) | |||
| Maximum Drawdown | 2.41 | |||
| Value At Risk | (0.41) | |||
| Potential Upside | 0.4032 |
Areeya Property Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Areeya Property's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Areeya Property's standard deviation. In reality, there are many statistical measures that can use Areeya Property historical prices to predict the future Areeya Property's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.54) |
Areeya Property Public Backtested Returns
Areeya Property is out of control given 3 months investment horizon. Areeya Property Public secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. We have analyzed twenty-one different technical indicators, which can help you to evaluate if expected returns of 15.85% are justified by taking the suggested risk. Use Areeya Property mean deviation of 0.1631, and Risk Adjusted Performance of (0.07) to evaluate company specific risk that cannot be diversified away. Areeya Property holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.0625, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Areeya Property's returns are expected to increase less than the market. However, during the bear market, the loss of holding Areeya Property is expected to be smaller as well. Use Areeya Property jensen alpha, skewness, and the relationship between the variance and treynor ratio , to analyze future returns on Areeya Property.
Auto-correlation | 0.02 |
Virtually no predictability
Areeya Property Public has virtually no predictability. Overlapping area represents the amount of predictability between Areeya Property time series from 6th of April 2024 to 4th of August 2024 and 4th of August 2024 to 2nd 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 Areeya Property Public price movement. The serial correlation of 0.02 indicates that only 2.0% of current Areeya Property price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.32 |
Areeya Property Public lagged returns against current returns
Autocorrelation, which is Areeya Property 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 Areeya Property's stock expected returns. We can calculate the autocorrelation of Areeya Property returns to help us make a trade decision. For example, suppose you find that Areeya Property 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 |
Areeya Property 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 Areeya Property stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Areeya Property stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Areeya Property stock over time.
Current vs Lagged Prices |
| Timeline |
Areeya Property Lagged Returns
When evaluating Areeya Property's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Areeya Property stock have on its future price. Areeya Property 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, Areeya Property autocorrelation shows the relationship between Areeya Property stock current value and its past values and can show if there is a momentum factor associated with investing in Areeya Property Public.
Regressed Prices |
| Timeline |
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Areeya Property financial ratios help investors to determine whether Areeya 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 Areeya with respect to the benefits of owning Areeya Property security.