Aqua Public (Thailand) Market Value
| AQUA Stock | THB 0.33 0.01 3.13% |
| Symbol | Aqua |
Aqua Public '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 Aqua Public'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 Aqua Public.
| 07/01/2024 |
| 12/28/2024 |
If you would invest 0.00 in Aqua Public on July 1, 2024 and sell it all today you would earn a total of 0.00 from holding Aqua Public or generate 0.0% return on investment in Aqua Public over 180 days. Aqua Public is related to or competes with PTT Public, CP ALL, Kasikornbank Public, Bangkok Bank, and Airports. Aqua Corporation Public Company Limited primarily rents space for advertising signage in Bangkok More
Aqua Public 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 Aqua Public'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 Aqua Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 16.69 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 3.13 |
Aqua Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aqua Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aqua Public's standard deviation. In reality, there are many statistical measures that can use Aqua Public historical prices to predict the future Aqua Public's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | 0.8194 |
Aqua Public Backtested Returns
Aqua Public secures Sharpe Ratio (or Efficiency) of -0.094, which signifies that the company had a -0.094% return per unit of risk over the last 3 months. Aqua Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aqua Public's Standard Deviation of 2.62, mean deviation of 1.59, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0807, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aqua Public are expected to decrease at a much lower rate. During the bear market, Aqua Public is likely to outperform the market. At this point, Aqua Public has a negative expected return of -0.21%. Please make sure to confirm Aqua Public's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Aqua Public performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.08 |
Virtually no predictability
Aqua Public has virtually no predictability. Overlapping area represents the amount of predictability between Aqua Public time series from 1st of July 2024 to 29th of September 2024 and 29th of September 2024 to 28th 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 Aqua Public price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Aqua Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Aqua Public lagged returns against current returns
Autocorrelation, which is Aqua Public 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 Aqua Public's stock expected returns. We can calculate the autocorrelation of Aqua Public returns to help us make a trade decision. For example, suppose you find that Aqua Public 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 |
Aqua Public 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 Aqua Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aqua Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aqua Public stock over time.
Current vs Lagged Prices |
| Timeline |
Aqua Public Lagged Returns
When evaluating Aqua Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aqua Public stock have on its future price. Aqua Public 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, Aqua Public autocorrelation shows the relationship between Aqua Public stock current value and its past values and can show if there is a momentum factor associated with investing in Aqua 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 ArchitectOther Information on Investing in Aqua Stock
Aqua Public financial ratios help investors to determine whether Aqua 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 Aqua with respect to the benefits of owning Aqua Public security.