Chin Huay (Thailand) Market Value
| CH Stock | 2.02 0.03 1.51% |
| Symbol | Chin |
Chin Huay '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 Chin Huay'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 Chin Huay.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Chin Huay on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Chin Huay PCL or generate 0.0% return on investment in Chin Huay over 90 days. Chin Huay is related to or competes with Chamni Eye, and Bioscience Animal. More
Chin Huay 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 Chin Huay'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 Chin Huay PCL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.18 | |||
| Information Ratio | 0.097 | |||
| Maximum Drawdown | 5.25 | |||
| Value At Risk | (1.55) | |||
| Potential Upside | 2.11 |
Chin Huay Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chin Huay's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chin Huay's standard deviation. In reality, there are many statistical measures that can use Chin Huay historical prices to predict the future Chin Huay's volatility.| Risk Adjusted Performance | 0.0065 | |||
| Jensen Alpha | 0.0282 | |||
| Total Risk Alpha | 0.131 | |||
| Sortino Ratio | 0.0891 | |||
| Treynor Ratio | (0.01) |
Chin Huay PCL Backtested Returns
Chin Huay PCL secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. Chin Huay PCL exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chin Huay's Downside Deviation of 1.18, mean deviation of 0.7273, and Risk Adjusted Performance of 0.0065 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.3, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Chin Huay's returns are expected to increase less than the market. However, during the bear market, the loss of holding Chin Huay is expected to be smaller as well. At this point, Chin Huay PCL has a negative expected return of -0.0099%. Please make sure to confirm Chin Huay's coefficient of variation, sortino ratio, potential upside, as well as the relationship between the jensen alpha and maximum drawdown , to decide if Chin Huay PCL performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.05 |
Very weak reverse predictability
Chin Huay PCL has very weak reverse predictability. Overlapping area represents the amount of predictability between Chin Huay time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Chin Huay PCL price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Chin Huay price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Chin Huay PCL lagged returns against current returns
Autocorrelation, which is Chin Huay 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 Chin Huay's stock expected returns. We can calculate the autocorrelation of Chin Huay returns to help us make a trade decision. For example, suppose you find that Chin Huay 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 |
Chin Huay 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 Chin Huay stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chin Huay stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chin Huay stock over time.
Current vs Lagged Prices |
| Timeline |
Chin Huay Lagged Returns
When evaluating Chin Huay's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chin Huay stock have on its future price. Chin Huay 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, Chin Huay autocorrelation shows the relationship between Chin Huay stock current value and its past values and can show if there is a momentum factor associated with investing in Chin Huay PCL.
Regressed Prices |
| Timeline |
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Chin Huay financial ratios help investors to determine whether Chin 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 Chin with respect to the benefits of owning Chin Huay security.