Carabao Group (Thailand) Market Value
| CBG Stock | THB 69.00 2.00 2.82% |
| Symbol | Carabao |
Carabao Group '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 Carabao Group'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 Carabao Group.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Carabao Group on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Carabao Group Public or generate 0.0% return on investment in Carabao Group over 30 days. Carabao Group is related to or competes with CP ALL, Minor International, Srisawad Power, Home Product, and Advanced Info. Carabao Group Public Company Limited, through its subsidiaries, manufactures, markets, distributes, and sells beverages ... More
Carabao Group 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 Carabao Group'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 Carabao Group Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 9.83 | |||
| Value At Risk | (4.05) | |||
| Potential Upside | 2.97 |
Carabao Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carabao Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Carabao Group's standard deviation. In reality, there are many statistical measures that can use Carabao Group historical prices to predict the future Carabao Group's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.37) |
Carabao Group Public Backtested Returns
Carabao Group Public secures Sharpe Ratio (or Efficiency) of -0.096, which signifies that the company had a -0.096 % return per unit of risk over the last 3 months. Carabao Group Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Carabao Group's Risk Adjusted Performance of (0.06), mean deviation of 1.6, and Standard Deviation of 2.1 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.52, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Carabao Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Carabao Group is expected to be smaller as well. At this point, Carabao Group Public has a negative expected return of -0.21%. Please make sure to confirm Carabao Group's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Carabao Group Public performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.17 |
Very weak predictability
Carabao Group Public has very weak predictability. Overlapping area represents the amount of predictability between Carabao Group time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 Carabao Group Public price movement. The serial correlation of 0.17 indicates that over 17.0% of current Carabao Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 2.09 |
Carabao Group Public lagged returns against current returns
Autocorrelation, which is Carabao Group 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 Carabao Group's stock expected returns. We can calculate the autocorrelation of Carabao Group returns to help us make a trade decision. For example, suppose you find that Carabao Group 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 |
Carabao Group 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 Carabao Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Carabao Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Carabao Group stock over time.
Current vs Lagged Prices |
| Timeline |
Carabao Group Lagged Returns
When evaluating Carabao Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Carabao Group stock have on its future price. Carabao Group 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, Carabao Group autocorrelation shows the relationship between Carabao Group stock current value and its past values and can show if there is a momentum factor associated with investing in Carabao Group Public.
Regressed Prices |
| Timeline |
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Carabao Group financial ratios help investors to determine whether Carabao 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 Carabao with respect to the benefits of owning Carabao Group security.