Crown Seal (Thailand) Market Value
| CSC Stock | THB 46.00 0.25 0.55% |
| Symbol | Crown |
Crown Seal '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 Crown Seal'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 Crown Seal.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Crown Seal on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Crown Seal Public or generate 0.0% return on investment in Crown Seal over 360 days. Crown Seal is related to or competes with Ratchaphruek Hospital, Praram 9, Ekachai Medical, Sri Panwa, Ramkhamhaeng Hospital, Siam Wellness, and Silicon Craft. Crown Seal Public Company Limited manufactures and distributes crowns and caps for bottles in Thailand and international... More
Crown Seal 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 Crown Seal'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 Crown Seal Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.15 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 3.28 | |||
| Value At Risk | (1.09) | |||
| Potential Upside | 1.11 |
Crown Seal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Crown Seal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Crown Seal's standard deviation. In reality, there are many statistical measures that can use Crown Seal historical prices to predict the future Crown Seal's volatility.| Risk Adjusted Performance | 0.0721 | |||
| Jensen Alpha | 0.0604 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (9.47) |
Crown Seal Public Backtested Returns
As of now, Crown Stock is very steady. Crown Seal Public secures Sharpe Ratio (or Efficiency) of 0.0754, which signifies that the company had a 0.0754% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Crown Seal Public, which you can use to evaluate the volatility of the firm. Please confirm Crown Seal's Downside Deviation of 1.15, risk adjusted performance of 0.0721, and Mean Deviation of 0.4944 to double-check if the risk estimate we provide is consistent with the expected return of 0.0562%. Crown Seal has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0063, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Crown Seal are expected to decrease at a much lower rate. During the bear market, Crown Seal is likely to outperform the market. Crown Seal Public right now shows a risk of 0.75%. Please confirm Crown Seal Public standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Crown Seal Public will be following its price patterns.
Auto-correlation | 0.12 |
Insignificant predictability
Crown Seal Public has insignificant predictability. Overlapping area represents the amount of predictability between Crown Seal time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 Crown Seal Public price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Crown Seal price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 19.43 |
Crown Seal Public lagged returns against current returns
Autocorrelation, which is Crown Seal 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 Crown Seal's stock expected returns. We can calculate the autocorrelation of Crown Seal returns to help us make a trade decision. For example, suppose you find that Crown Seal 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 |
Crown Seal 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 Crown Seal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Crown Seal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Crown Seal stock over time.
Current vs Lagged Prices |
| Timeline |
Crown Seal Lagged Returns
When evaluating Crown Seal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Crown Seal stock have on its future price. Crown Seal 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, Crown Seal autocorrelation shows the relationship between Crown Seal stock current value and its past values and can show if there is a momentum factor associated with investing in Crown Seal Public.
Regressed Prices |
| Timeline |
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Crown Seal financial ratios help investors to determine whether Crown 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 Crown with respect to the benefits of owning Crown Seal security.