Comanche International (Thailand) Market Value
| COMAN Stock | 0.66 0.01 1.54% |
| Symbol | Comanche |
Comanche International '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 Comanche International'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 Comanche International.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Comanche International on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Comanche International Public or generate 0.0% return on investment in Comanche International over 90 days. Comanche International is related to or competes with CPR Gomu, Union Auction, and Akkhie Prakarn. More
Comanche International 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 Comanche International'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 Comanche International Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 42.82 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 14.55 |
Comanche International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Comanche International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Comanche International's standard deviation. In reality, there are many statistical measures that can use Comanche International historical prices to predict the future Comanche International's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | 0.7928 | |||
| Treynor Ratio | (0.34) |
Comanche International Backtested Returns
Comanche International secures Sharpe Ratio (or Efficiency) of -0.0311, which signifies that the company had a -0.0311 % return per unit of risk over the last 3 months. Comanche International Public exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Comanche International's Standard Deviation of 8.53, risk adjusted performance of (0.02), and Mean Deviation of 4.7 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.82, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Comanche International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Comanche International is expected to be smaller as well. At this point, Comanche International has a negative expected return of -0.27%. Please make sure to confirm Comanche International's treynor ratio, as well as the relationship between the kurtosis and day median price , to decide if Comanche International performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.13 |
Insignificant predictability
Comanche International Public has insignificant predictability. Overlapping area represents the amount of predictability between Comanche International time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Comanche International price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Comanche International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Comanche International lagged returns against current returns
Autocorrelation, which is Comanche International 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 Comanche International's stock expected returns. We can calculate the autocorrelation of Comanche International returns to help us make a trade decision. For example, suppose you find that Comanche International 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 |
Comanche International 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 Comanche International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Comanche International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Comanche International stock over time.
Current vs Lagged Prices |
| Timeline |
Comanche International Lagged Returns
When evaluating Comanche International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Comanche International stock have on its future price. Comanche International 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, Comanche International autocorrelation shows the relationship between Comanche International stock current value and its past values and can show if there is a momentum factor associated with investing in Comanche International Public.
Regressed Prices |
| Timeline |
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Comanche International financial ratios help investors to determine whether Comanche 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 Comanche with respect to the benefits of owning Comanche International security.