General Environmental (Thailand) Market Value
| GENCO Stock | THB 0.49 0.01 2.08% |
| Symbol | General |
General Environmental '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 General Environmental'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 General Environmental.
| 04/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in General Environmental on April 6, 2024 and sell it all today you would earn a total of 0.00 from holding General Environmental Conservation or generate 0.0% return on investment in General Environmental over 240 days. General Environmental is related to or competes with Better World, Dcon Products, Erawan, Dynasty Ceramic, and Aqua Public. General Environmental Conservation Public Company Limited, together with its subsidiaries, engages in the treatment and ... More
General Environmental 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 General Environmental'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 General Environmental Conservation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.94 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 10.2 | |||
| Value At Risk | (3.92) | |||
| Potential Upside | 2.13 |
General Environmental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for General Environmental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as General Environmental's standard deviation. In reality, there are many statistical measures that can use General Environmental historical prices to predict the future General Environmental's volatility.| Risk Adjusted Performance | 0.0248 | |||
| Jensen Alpha | 0.0222 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.3315 |
General Environmental Backtested Returns
General Environmental is out of control given 3 months investment horizon. General Environmental holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have analyzed twenty-nine different technical indicators, which can help you to evaluate if expected returns of 15.96% are justified by taking the suggested risk. Use General Environmental Conservation Market Risk Adjusted Performance of 0.3415, downside deviation of 2.94, and Risk Adjusted Performance of 0.0248 to evaluate company specific risk that cannot be diversified away. General Environmental holds a performance score of 9 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, General Environmental's returns are expected to increase less than the market. However, during the bear market, the loss of holding General Environmental is expected to be smaller as well. Use General Environmental Conservation sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to analyze future returns on General Environmental Conservation.
Auto-correlation | -0.23 |
Weak reverse predictability
General Environmental Conservation has weak reverse predictability. Overlapping area represents the amount of predictability between General Environmental time series from 6th of April 2024 to 4th of August 2024 and 4th of August 2024 to 2nd 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 General Environmental price movement. The serial correlation of -0.23 indicates that over 23.0% of current General Environmental price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
General Environmental lagged returns against current returns
Autocorrelation, which is General Environmental 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 General Environmental's stock expected returns. We can calculate the autocorrelation of General Environmental returns to help us make a trade decision. For example, suppose you find that General Environmental 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 |
General Environmental 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 General Environmental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if General Environmental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in General Environmental stock over time.
Current vs Lagged Prices |
| Timeline |
General Environmental Lagged Returns
When evaluating General Environmental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of General Environmental stock have on its future price. General Environmental 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, General Environmental autocorrelation shows the relationship between General Environmental stock current value and its past values and can show if there is a momentum factor associated with investing in General Environmental Conservation.
Regressed Prices |
| Timeline |
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General Environmental financial ratios help investors to determine whether General 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 General with respect to the benefits of owning General Environmental security.