Asian Phytoceuticals (Thailand) Market Value
| APCO Stock | THB 4.92 0.02 0.40% |
| Symbol | Asian |
Asian Phytoceuticals '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 Asian Phytoceuticals' 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 Asian Phytoceuticals.
| 01/13/2024 |
| 01/07/2025 |
If you would invest 0.00 in Asian Phytoceuticals on January 13, 2024 and sell it all today you would earn a total of 0.00 from holding Asian Phytoceuticals Public or generate 0.0% return on investment in Asian Phytoceuticals over 360 days. Asian Phytoceuticals is related to or competes with Thai Vegetable, SP Syndicate, Haad Thip, Erawan, XSpring Capital, Ditto Public, and Jay Mart. Asian Phytoceuticals Public Company Limited engages in the research and development, manufacture, and distribution of he... More
Asian Phytoceuticals 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 Asian Phytoceuticals' 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 Asian Phytoceuticals Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 9.74 | |||
| Value At Risk | (2.73) | |||
| Potential Upside | 1.22 |
Asian Phytoceuticals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asian Phytoceuticals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Asian Phytoceuticals' standard deviation. In reality, there are many statistical measures that can use Asian Phytoceuticals historical prices to predict the future Asian Phytoceuticals' volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.72) |
Asian Phytoceuticals Backtested Returns
Asian Phytoceuticals secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. Asian Phytoceuticals Public exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asian Phytoceuticals' Mean Deviation of 0.8049, standard deviation of 1.4, and Risk Adjusted Performance of (0.11) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Asian Phytoceuticals' returns are expected to increase less than the market. However, during the bear market, the loss of holding Asian Phytoceuticals is expected to be smaller as well. At this point, Asian Phytoceuticals has a negative expected return of -0.2%. Please make sure to confirm Asian Phytoceuticals' standard deviation, information ratio, total risk alpha, as well as the relationship between the variance and jensen alpha , to decide if Asian Phytoceuticals performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.51 |
Good reverse predictability
Asian Phytoceuticals Public has good reverse predictability. Overlapping area represents the amount of predictability between Asian Phytoceuticals time series from 13th of January 2024 to 11th of July 2024 and 11th of July 2024 to 7th of January 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 Asian Phytoceuticals price movement. The serial correlation of -0.51 indicates that about 51.0% of current Asian Phytoceuticals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.38 |
Asian Phytoceuticals lagged returns against current returns
Autocorrelation, which is Asian Phytoceuticals 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 Asian Phytoceuticals' stock expected returns. We can calculate the autocorrelation of Asian Phytoceuticals returns to help us make a trade decision. For example, suppose you find that Asian Phytoceuticals 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 |
Asian Phytoceuticals 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 Asian Phytoceuticals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Asian Phytoceuticals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Asian Phytoceuticals stock over time.
Current vs Lagged Prices |
| Timeline |
Asian Phytoceuticals Lagged Returns
When evaluating Asian Phytoceuticals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Asian Phytoceuticals stock have on its future price. Asian Phytoceuticals 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, Asian Phytoceuticals autocorrelation shows the relationship between Asian Phytoceuticals stock current value and its past values and can show if there is a momentum factor associated with investing in Asian Phytoceuticals Public.
Regressed Prices |
| Timeline |
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Asian Phytoceuticals financial ratios help investors to determine whether Asian 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 Asian with respect to the benefits of owning Asian Phytoceuticals security.