Bangkok Commercial (Thailand) Market Value
| BAM Stock | THB 6.25 0.10 1.63% |
| Symbol | Bangkok |
Bangkok Commercial '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 Bangkok Commercial'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 Bangkok Commercial.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Bangkok Commercial on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Bangkok Commercial Asset or generate 0.0% return on investment in Bangkok Commercial over 90 days. Bangkok Commercial is related to or competes with Gulf Energy, CP ALL, BGrimm Power, Bangkok Expressway, and Minor International. Bangkok Commercial Asset Management Public Company Limited operates as an asset management company More
Bangkok Commercial 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 Bangkok Commercial'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 Bangkok Commercial Asset upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0064 | |||
| Maximum Drawdown | 12.71 | |||
| Value At Risk | (4.27) | |||
| Potential Upside | 4.55 |
Bangkok Commercial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bangkok Commercial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bangkok Commercial's standard deviation. In reality, there are many statistical measures that can use Bangkok Commercial historical prices to predict the future Bangkok Commercial's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | 0.2402 | |||
| Treynor Ratio | (0.19) |
Bangkok Commercial Asset Backtested Returns
Bangkok Commercial Asset secures Sharpe Ratio (or Efficiency) of -0.0143, which signifies that the company had a -0.0143 % return per unit of risk over the last 3 months. Bangkok Commercial Asset exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bangkok Commercial's Standard Deviation of 2.65, risk adjusted performance of (0.02), and Mean Deviation of 1.96 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bangkok Commercial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bangkok Commercial is expected to be smaller as well. At this point, Bangkok Commercial Asset has a negative expected return of -0.0386%. Please make sure to confirm Bangkok Commercial's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Bangkok Commercial Asset performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.7 |
Very good reverse predictability
Bangkok Commercial Asset has very good reverse predictability. Overlapping area represents the amount of predictability between Bangkok Commercial time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 Bangkok Commercial Asset price movement. The serial correlation of -0.7 indicates that around 70.0% of current Bangkok Commercial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Bangkok Commercial Asset lagged returns against current returns
Autocorrelation, which is Bangkok Commercial 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 Bangkok Commercial's stock expected returns. We can calculate the autocorrelation of Bangkok Commercial returns to help us make a trade decision. For example, suppose you find that Bangkok Commercial 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 |
Bangkok Commercial 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 Bangkok Commercial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bangkok Commercial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bangkok Commercial stock over time.
Current vs Lagged Prices |
| Timeline |
Bangkok Commercial Lagged Returns
When evaluating Bangkok Commercial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bangkok Commercial stock have on its future price. Bangkok Commercial 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, Bangkok Commercial autocorrelation shows the relationship between Bangkok Commercial stock current value and its past values and can show if there is a momentum factor associated with investing in Bangkok Commercial Asset.
Regressed Prices |
| Timeline |
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Bangkok Commercial financial ratios help investors to determine whether Bangkok 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 Bangkok with respect to the benefits of owning Bangkok Commercial security.