CMO Public (Thailand) Market Value
| CMO Stock | THB 0.69 0.05 7.81% |
| Symbol | CMO |
CMO 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 CMO 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 CMO Public.
| 01/02/2025 |
| 03/03/2025 |
If you would invest 0.00 in CMO Public on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding CMO Public or generate 0.0% return on investment in CMO Public over 60 days. CMO Public is related to or competes with CPR Gomu, and Communication System. CMO Public Company Limited engages in the business of event management for public events, exhibitions, and entertainment... More
CMO 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 CMO 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 CMO Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 15.82 | |||
| Value At Risk | (4.11) | |||
| Potential Upside | 4.23 |
CMO Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CMO Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CMO Public's standard deviation. In reality, there are many statistical measures that can use CMO Public historical prices to predict the future CMO Public's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.48) |
CMO Public Backtested Returns
CMO Public secures Sharpe Ratio (or Efficiency) of -0.0967, which signifies that the company had a -0.0967 % return per unit of risk over the last 3 months. CMO Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CMO Public's mean deviation of 1.91, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.58, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CMO Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding CMO Public is expected to be smaller as well. At this point, CMO Public has a negative expected return of -0.27%. Please make sure to confirm CMO Public's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if CMO Public performance from the past will be repeated in the future.
Auto-correlation | -0.03 |
Very weak reverse predictability
CMO Public has very weak reverse predictability. Overlapping area represents the amount of predictability between CMO Public time series from 2nd of January 2025 to 1st of February 2025 and 1st of February 2025 to 3rd 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 CMO Public price movement. The serial correlation of -0.03 indicates that only 3.0% of current CMO Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CMO Public lagged returns against current returns
Autocorrelation, which is CMO 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 CMO Public's stock expected returns. We can calculate the autocorrelation of CMO Public returns to help us make a trade decision. For example, suppose you find that CMO 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 |
CMO 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 CMO Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CMO Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CMO Public stock over time.
Current vs Lagged Prices |
| Timeline |
CMO Public Lagged Returns
When evaluating CMO Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CMO Public stock have on its future price. CMO 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, CMO Public autocorrelation shows the relationship between CMO Public stock current value and its past values and can show if there is a momentum factor associated with investing in CMO Public.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in CMO Stock
CMO Public financial ratios help investors to determine whether CMO 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 CMO with respect to the benefits of owning CMO Public security.