Arrow Syndicate (Thailand) Market Value
| ARROW Stock | THB 5.60 0.05 0.90% |
| Symbol | Arrow |
Arrow Syndicate '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 Arrow Syndicate'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 Arrow Syndicate.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Arrow Syndicate on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Arrow Syndicate Public or generate 0.0% return on investment in Arrow Syndicate over 30 days. Arrow Syndicate is related to or competes with Aqua Public, Union Auction, Ama Marine, and Akkhie Prakarn. Arrow Syndicate Public Company Limited manufactures and sells various conduits in construction and building electrical c... More
Arrow Syndicate 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 Arrow Syndicate'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 Arrow Syndicate Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 4.41 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 1.75 |
Arrow Syndicate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arrow Syndicate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arrow Syndicate's standard deviation. In reality, there are many statistical measures that can use Arrow Syndicate historical prices to predict the future Arrow Syndicate's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | 0.1872 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Arrow Syndicate'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.
Arrow Syndicate Public Backtested Returns
Arrow Syndicate Public secures Sharpe Ratio (or Efficiency) of -0.0117, which signifies that the company had a -0.0117% return per unit of risk over the last 3 months. Arrow Syndicate Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arrow Syndicate's Risk Adjusted Performance of (0.01), standard deviation of 0.863, and Mean Deviation of 0.6013 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Arrow Syndicate are expected to decrease at a much lower rate. During the bear market, Arrow Syndicate is likely to outperform the market. At this point, Arrow Syndicate Public has a negative expected return of -0.0104%. Please make sure to confirm Arrow Syndicate's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Arrow Syndicate Public performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.41 |
Modest reverse predictability
Arrow Syndicate Public has modest reverse predictability. Overlapping area represents the amount of predictability between Arrow Syndicate time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Arrow Syndicate Public price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Arrow Syndicate price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Arrow Syndicate Public lagged returns against current returns
Autocorrelation, which is Arrow Syndicate 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 Arrow Syndicate's stock expected returns. We can calculate the autocorrelation of Arrow Syndicate returns to help us make a trade decision. For example, suppose you find that Arrow Syndicate 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 |
Arrow Syndicate 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 Arrow Syndicate stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arrow Syndicate stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arrow Syndicate stock over time.
Current vs Lagged Prices |
| Timeline |
Arrow Syndicate Lagged Returns
When evaluating Arrow Syndicate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arrow Syndicate stock have on its future price. Arrow Syndicate 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, Arrow Syndicate autocorrelation shows the relationship between Arrow Syndicate stock current value and its past values and can show if there is a momentum factor associated with investing in Arrow Syndicate Public.
Regressed Prices |
| Timeline |
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Arrow Syndicate financial ratios help investors to determine whether Arrow 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 Arrow with respect to the benefits of owning Arrow Syndicate security.