B GRIMM (Thailand) Market Value

BGRIM-R Stock  THB 18.30  0.86  4.49%   
B GRIMM's market value is the price at which a share of B GRIMM trades on a public exchange. It measures the collective expectations of B GRIMM POWER investors about its performance. B GRIMM is selling at 18.30 as of the 23rd of December 2024; that is 4.49% down since the beginning of the trading day. The stock's lowest day price was 18.2.
With this module, you can estimate the performance of a buy and hold strategy of B GRIMM POWER and determine expected loss or profit from investing in B GRIMM over a given investment horizon. Check out B GRIMM Correlation, B GRIMM Volatility and B GRIMM Alpha and Beta module to complement your research on B GRIMM.
Symbol

Please note, there is a significant difference between B GRIMM's value and its price as these two are different measures arrived at by different means. Investors typically determine if B GRIMM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, B GRIMM'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.

B GRIMM '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 B GRIMM'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 B GRIMM.
0.00
11/23/2024
No Change 0.00  0.0 
In 30 days
12/23/2024
0.00
If you would invest  0.00  in B GRIMM on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding B GRIMM POWER or generate 0.0% return on investment in B GRIMM over 30 days. B GRIMM is related to or competes with Akkhie Prakarn, AIRA Factoring, G Capital, and Asia Green. B.Grimm Power Public Company Limited, an energy company, engages in the development, financing, construction, and operat... More

B GRIMM 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 B GRIMM'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 B GRIMM POWER upside and downside potential and time the market with a certain degree of confidence.

B GRIMM Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for B GRIMM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as B GRIMM's standard deviation. In reality, there are many statistical measures that can use B GRIMM historical prices to predict the future B GRIMM's volatility.
Hype
Prediction
LowEstimatedHigh
12.7518.3023.85
Details
Intrinsic
Valuation
LowRealHigh
12.0217.5723.12
Details

B GRIMM POWER Backtested Returns

B GRIMM POWER secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of risk over the last 3 months. B GRIMM POWER exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm B GRIMM's mean deviation of 1.72, and Variance of 28.99 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning B GRIMM are expected to decrease at a much lower rate. During the bear market, B GRIMM is likely to outperform the market. At this point, B GRIMM POWER has a negative expected return of -0.87%. Please make sure to confirm B GRIMM's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if B GRIMM POWER performance from the past will be repeated sooner or later.

Auto-correlation

    
  -0.69  

Very good reverse predictability

B GRIMM POWER has very good reverse predictability. Overlapping area represents the amount of predictability between B GRIMM time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd 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 B GRIMM POWER price movement. The serial correlation of -0.69 indicates that around 69.0% of current B GRIMM price fluctuation can be explain by its past prices.
Correlation Coefficient-0.69
Spearman Rank Test-0.54
Residual Average0.0
Price Variance1.56

B GRIMM POWER lagged returns against current returns

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

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

B GRIMM Lagged Returns

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

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Additional Tools for BGRIM-R Stock Analysis

When running B GRIMM's price analysis, check to measure B GRIMM's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy B GRIMM is operating at the current time. Most of B GRIMM's value examination focuses on studying past and present price action to predict the probability of B GRIMM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move B GRIMM's price. Additionally, you may evaluate how the addition of B GRIMM to your portfolios can decrease your overall portfolio volatility.