Haad Thip (Thailand) Market Value
| HTC Stock | THB 16.20 0.10 0.61% |
| Symbol | Haad |
Haad Thip '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 Haad Thip'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 Haad Thip.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Haad Thip on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Haad Thip Public or generate 0.0% return on investment in Haad Thip over 30 days. Haad Thip is related to or competes with Airports, PTT Public, Bangkok Dusit, Kasikornbank Public, and Charoen Pokphand. Haad Thip Public Company Limited manufactures and distributes soft drinks primarily in Southern Thailand More
Haad Thip 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 Haad Thip'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 Haad Thip Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.59 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 8.47 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 2.35 |
Haad Thip Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Haad Thip's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Haad Thip's standard deviation. In reality, there are many statistical measures that can use Haad Thip historical prices to predict the future Haad Thip's volatility.| Risk Adjusted Performance | 0.0558 | |||
| Jensen Alpha | 0.0816 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 3.89 |
Haad Thip Public Backtested Returns
As of now, Haad Stock is very steady. Haad Thip Public holds Efficiency (Sharpe) Ratio of 0.0688, which attests that the entity had a 0.0688% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Haad Thip Public, which you can use to evaluate the volatility of the firm. Please check out Haad Thip's risk adjusted performance of 0.0558, and Market Risk Adjusted Performance of 3.9 to validate if the risk estimate we provide is consistent with the expected return of 0.0988%. Haad Thip has a performance score of 5 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0217, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Haad Thip's returns are expected to increase less than the market. However, during the bear market, the loss of holding Haad Thip is expected to be smaller as well. Haad Thip Public right now retains a risk of 1.44%. Please check out Haad Thip semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Haad Thip will be following its current trending patterns.
Auto-correlation | 0.18 |
Very weak predictability
Haad Thip Public has very weak predictability. Overlapping area represents the amount of predictability between Haad Thip time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 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 Haad Thip Public price movement. The serial correlation of 0.18 indicates that over 18.0% of current Haad Thip price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Haad Thip Public lagged returns against current returns
Autocorrelation, which is Haad Thip 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 Haad Thip's stock expected returns. We can calculate the autocorrelation of Haad Thip returns to help us make a trade decision. For example, suppose you find that Haad Thip 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 |
Haad Thip 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 Haad Thip stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Haad Thip stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Haad Thip stock over time.
Current vs Lagged Prices |
| Timeline |
Haad Thip Lagged Returns
When evaluating Haad Thip's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Haad Thip stock have on its future price. Haad Thip 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, Haad Thip autocorrelation shows the relationship between Haad Thip stock current value and its past values and can show if there is a momentum factor associated with investing in Haad Thip Public.
Regressed Prices |
| Timeline |
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Haad Thip financial ratios help investors to determine whether Haad 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 Haad with respect to the benefits of owning Haad Thip security.