Delta Electronics (Thailand) Market Value
| DELTA-R Stock | THB 151.00 51.80 52.22% |
| Symbol | Delta |
Delta Electronics '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 Delta Electronics' 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 Delta Electronics.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Delta Electronics on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Delta Electronics Public or generate 0.0% return on investment in Delta Electronics over 720 days. Delta Electronics is related to or competes with AJ Advance, Asia Precision, Asia Metal, Erawan, Autocorp Holding, XSpring Capital, and Ditto Public. Delta Electronics Public Company Limited, together with its subsidiaries, researches, develops, manufactures and distributes power supplies and electronic components worldwide. More
Delta Electronics 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 Delta Electronics' 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 Delta Electronics Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1041 |
Delta Electronics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Delta Electronics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Delta Electronics' standard deviation. In reality, there are many statistical measures that can use Delta Electronics historical prices to predict the future Delta Electronics' volatility.| Risk Adjusted Performance | 0.1029 | |||
| Jensen Alpha | 0.8623 | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (1.38) |
Delta Electronics Public Backtested Returns
Delta Electronics appears to be very steady, given 3 months investment horizon. Delta Electronics Public secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. By reviewing Delta Electronics' technical indicators, you can evaluate if the expected return of 0.83% is justified by implied risk. Please utilize Delta Electronics' Variance of 42.92, mean deviation of 1.59, and Standard Deviation of 6.55 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Delta Electronics holds a performance score of 9. The firm shows a Beta (market volatility) of -0.58, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Delta Electronics are expected to decrease at a much lower rate. During the bear market, Delta Electronics is likely to outperform the market. Please check Delta Electronics' accumulation distribution, and the relationship between the jensen alpha and day median price , to make a quick decision on whether Delta Electronics' price patterns will revert.
Auto-correlation | 0.11 |
Insignificant predictability
Delta Electronics Public has insignificant predictability. Overlapping area represents the amount of predictability between Delta Electronics time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 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 Delta Electronics Public price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Delta Electronics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 11.52 |
Delta Electronics Public lagged returns against current returns
Autocorrelation, which is Delta Electronics 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 Delta Electronics' stock expected returns. We can calculate the autocorrelation of Delta Electronics returns to help us make a trade decision. For example, suppose you find that Delta Electronics 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 |
Delta Electronics 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 Delta Electronics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Delta Electronics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Delta Electronics stock over time.
Current vs Lagged Prices |
| Timeline |
Delta Electronics Lagged Returns
When evaluating Delta Electronics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Delta Electronics stock have on its future price. Delta Electronics 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, Delta Electronics autocorrelation shows the relationship between Delta Electronics stock current value and its past values and can show if there is a momentum factor associated with investing in Delta Electronics 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 ArchitectAdditional Tools for Delta Stock Analysis
When running Delta Electronics' price analysis, check to measure Delta Electronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Delta Electronics is operating at the current time. Most of Delta Electronics' value examination focuses on studying past and present price action to predict the probability of Delta Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delta Electronics' price. Additionally, you may evaluate how the addition of Delta Electronics to your portfolios can decrease your overall portfolio volatility.