Bangkok Dec (Thailand) Market Value
| BKD Stock | THB 1.24 0.02 1.64% |
| Symbol | Bangkok |
Bangkok Dec '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 Dec'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 Dec.
| 12/30/2024 |
| 03/30/2025 |
If you would invest 0.00 in Bangkok Dec on December 30, 2024 and sell it all today you would earn a total of 0.00 from holding Bangkok Dec Con Public or generate 0.0% return on investment in Bangkok Dec over 90 days. Bangkok Dec is related to or competes with BJC Heavy, 2S Metal, and Asian Sea. Bangkok Dec-Con Public Company Limited engages in manufacturing, trading, and interior decorating of furniture in Thaila... More
Bangkok Dec 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 Dec'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 Dec Con Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0056 | |||
| Maximum Drawdown | 10.97 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 3.45 |
Bangkok Dec Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bangkok Dec's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bangkok Dec's standard deviation. In reality, there are many statistical measures that can use Bangkok Dec historical prices to predict the future Bangkok Dec's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | 0.113 | |||
| Treynor Ratio | 0.2043 |
Bangkok Dec Con Backtested Returns
Bangkok Dec Con secures Sharpe Ratio (or Efficiency) of -0.0224, which signifies that the company had a -0.0224 % return per unit of risk over the last 3 months. Bangkok Dec Con Public exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bangkok Dec's insignificant Risk Adjusted Performance, standard deviation of 2.44, and Mean Deviation of 1.73 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bangkok Dec are expected to decrease at a much lower rate. During the bear market, Bangkok Dec is likely to outperform the market. At this point, Bangkok Dec Con has a negative expected return of -0.056%. Please make sure to confirm Bangkok Dec's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Bangkok Dec Con performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
Bangkok Dec Con Public has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Bangkok Dec time series from 30th of December 2024 to 13th of February 2025 and 13th of February 2025 to 30th 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 Dec Con price movement. The serial correlation of -0.73 indicates that around 73.0% of current Bangkok Dec price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bangkok Dec Con lagged returns against current returns
Autocorrelation, which is Bangkok Dec 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 Dec's stock expected returns. We can calculate the autocorrelation of Bangkok Dec returns to help us make a trade decision. For example, suppose you find that Bangkok Dec 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 Dec 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 Dec stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bangkok Dec stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bangkok Dec stock over time.
Current vs Lagged Prices |
| Timeline |
Bangkok Dec Lagged Returns
When evaluating Bangkok Dec's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bangkok Dec stock have on its future price. Bangkok Dec 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 Dec autocorrelation shows the relationship between Bangkok Dec stock current value and its past values and can show if there is a momentum factor associated with investing in Bangkok Dec Con Public.
Regressed Prices |
| Timeline |
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Bangkok Dec 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 Dec security.