AIRA Capital (Thailand) Market Value

AIRA Stock  THB 1.28  0.02  1.54%   
AIRA Capital's market value is the price at which a share of AIRA Capital trades on a public exchange. It measures the collective expectations of AIRA Capital Public investors about its performance. AIRA Capital is selling for 1.28 as of the 25th of December 2024. This is a 1.54 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 1.2.
With this module, you can estimate the performance of a buy and hold strategy of AIRA Capital Public and determine expected loss or profit from investing in AIRA Capital over a given investment horizon. Check out AIRA Capital Correlation, AIRA Capital Volatility and AIRA Capital Alpha and Beta module to complement your research on AIRA Capital.
Symbol

Please note, there is a significant difference between AIRA Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if AIRA Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AIRA Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

AIRA Capital '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 AIRA Capital'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 AIRA Capital.
0.00
11/25/2024
No Change 0.00  0.0 
In 31 days
12/25/2024
0.00
If you would invest  0.00  in AIRA Capital on November 25, 2024 and sell it all today you would earn a total of 0.00 from holding AIRA Capital Public or generate 0.0% return on investment in AIRA Capital over 30 days. AIRA Capital is related to or competes with Jay Mart, Krungthai Card, Erawan, Autocorp Holding, Ditto Public, Eastern Technical, and Pylon Public. AIRA Capital Public Company Limited, together with its subsidiaries, provides financial advisory services in Thailand More

AIRA Capital 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 AIRA Capital'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 AIRA Capital Public upside and downside potential and time the market with a certain degree of confidence.

AIRA Capital Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for AIRA Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AIRA Capital's standard deviation. In reality, there are many statistical measures that can use AIRA Capital historical prices to predict the future AIRA Capital's volatility.
Hype
Prediction
LowEstimatedHigh
0.061.284.63
Details
Intrinsic
Valuation
LowRealHigh
0.051.074.42
Details

AIRA Capital Public Backtested Returns

AIRA Capital Public secures Sharpe Ratio (or Efficiency) of -0.0656, which signifies that the company had a -0.0656% return per unit of risk over the last 3 months. AIRA Capital Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AIRA Capital's risk adjusted performance of (0.03), and Mean Deviation of 1.9 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AIRA Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding AIRA Capital is expected to be smaller as well. At this point, AIRA Capital Public has a negative expected return of -0.22%. Please make sure to confirm AIRA Capital's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if AIRA Capital Public performance from the past will be repeated in the future.

Auto-correlation

    
  0.54  

Modest predictability

AIRA Capital Public has modest predictability. Overlapping area represents the amount of predictability between AIRA Capital time series from 25th of November 2024 to 10th of December 2024 and 10th of December 2024 to 25th 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 AIRA Capital Public price movement. The serial correlation of 0.54 indicates that about 54.0% of current AIRA Capital price fluctuation can be explain by its past prices.
Correlation Coefficient0.54
Spearman Rank Test0.82
Residual Average0.0
Price Variance0.0

AIRA Capital Public lagged returns against current returns

Autocorrelation, which is AIRA Capital 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 AIRA Capital's stock expected returns. We can calculate the autocorrelation of AIRA Capital returns to help us make a trade decision. For example, suppose you find that AIRA Capital 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  

AIRA Capital 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 AIRA Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AIRA Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AIRA Capital stock over time.
   Current vs Lagged Prices   
       Timeline  

AIRA Capital Lagged Returns

When evaluating AIRA Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AIRA Capital stock have on its future price. AIRA Capital 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, AIRA Capital autocorrelation shows the relationship between AIRA Capital stock current value and its past values and can show if there is a momentum factor associated with investing in AIRA Capital Public.
   Regressed Prices   
       Timeline  

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in AIRA Stock

AIRA Capital financial ratios help investors to determine whether AIRA 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 AIRA with respect to the benefits of owning AIRA Capital security.