Delta Electronics (Thailand) Market Value
| DELTA Stock | THB 77.25 3.50 4.33% |
| 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.
| 01/30/2025 |
| 03/01/2025 |
If you would invest 0.00 in Delta Electronics on January 30, 2025 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 30 days. Delta Electronics is related to or competes with Airports, Hana Microelectronics, Advanced Info, Kasikornbank Public, and CP ALL. Delta Electronics Public Company Limited, together with its subsidiaries, researches and develops, manufactures, and dis... 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 | (0.21) | |||
| Maximum Drawdown | 28.28 | |||
| Value At Risk | (6.91) | |||
| Potential Upside | 3.63 |
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 | (0.15) | |||
| Jensen Alpha | (0.86) | |||
| Total Risk Alpha | (0.74) | |||
| Treynor Ratio | (2.90) |
Delta Electronics Public Backtested Returns
Delta Electronics Public secures Sharpe Ratio (or Efficiency) of -0.24, which denotes the company had a -0.24 % return per unit of risk over the last 3 months. Delta Electronics Public exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Delta Electronics' Mean Deviation of 2.45, variance of 17.05, and Standard Deviation of 4.13 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.3, which means not very significant fluctuations relative to the market. As returns on the market increase, Delta Electronics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Delta Electronics is expected to be smaller as well. At this point, Delta Electronics Public has a negative expected return of -1.01%. Please make sure to confirm Delta Electronics' total risk alpha, accumulation distribution, period momentum indicator, as well as the relationship between the potential upside and day median price , to decide if Delta Electronics Public performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.65 |
Good predictability
Delta Electronics Public has good predictability. Overlapping area represents the amount of predictability between Delta Electronics time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st 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 Delta Electronics Public price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Delta Electronics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 106.94 |
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 |
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Delta Electronics financial ratios help investors to determine whether Delta 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 Delta with respect to the benefits of owning Delta Electronics security.