BuilderSmart Public (Thailand) Market Value
| BSM Stock | THB 1.77 0.01 0.56% |
| Symbol | BuilderSmart |
BuilderSmart 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 BuilderSmart 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 BuilderSmart Public.
| 12/23/2022 |
| 12/12/2024 |
If you would invest 0.00 in BuilderSmart Public on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding BuilderSmart Public or generate 0.0% return on investment in BuilderSmart Public over 720 days. BuilderSmart Public is related to or competes with Getabec Public, E For, and Salee Colour. BuilderSmart Public Company Limited, together with its subsidiaries, engages in the retail sale of construction material... More
BuilderSmart 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 BuilderSmart 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 BuilderSmart Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.32) | |||
| Maximum Drawdown | 8.17 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 1.12 |
BuilderSmart Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BuilderSmart Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BuilderSmart Public's standard deviation. In reality, there are many statistical measures that can use BuilderSmart Public historical prices to predict the future BuilderSmart Public's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (20.66) |
BuilderSmart Public Backtested Returns
BuilderSmart Public secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19% return per unit of risk over the last 3 months. BuilderSmart Public exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BuilderSmart Public's Standard Deviation of 1.46, risk adjusted performance of (0.16), and Mean Deviation of 0.8843 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0168, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BuilderSmart Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding BuilderSmart Public is expected to be smaller as well. At this point, BuilderSmart Public has a negative expected return of -0.26%. Please make sure to confirm BuilderSmart Public's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if BuilderSmart Public performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.75 |
Good predictability
BuilderSmart Public has good predictability. Overlapping area represents the amount of predictability between BuilderSmart Public time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 to 12th 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 BuilderSmart Public price movement. The serial correlation of 0.75 indicates that around 75.0% of current BuilderSmart Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
BuilderSmart Public lagged returns against current returns
Autocorrelation, which is BuilderSmart 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 BuilderSmart Public's stock expected returns. We can calculate the autocorrelation of BuilderSmart Public returns to help us make a trade decision. For example, suppose you find that BuilderSmart 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 |
BuilderSmart 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 BuilderSmart Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BuilderSmart Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BuilderSmart Public stock over time.
Current vs Lagged Prices |
| Timeline |
BuilderSmart Public Lagged Returns
When evaluating BuilderSmart Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BuilderSmart Public stock have on its future price. BuilderSmart 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, BuilderSmart Public autocorrelation shows the relationship between BuilderSmart Public stock current value and its past values and can show if there is a momentum factor associated with investing in BuilderSmart Public.
Regressed Prices |
| Timeline |
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BuilderSmart Public financial ratios help investors to determine whether BuilderSmart 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 BuilderSmart with respect to the benefits of owning BuilderSmart Public security.