Infraset Public (Thailand) Market Value
| INSET Stock | THB 3.48 0.26 8.07% |
| Symbol | Infraset |
Infraset Public '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 Infraset Public'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 Infraset Public.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Infraset Public on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Infraset Public or generate 0.0% return on investment in Infraset Public over 30 days. Infraset Public is related to or competes with Interlink Telecom, Internet Thailand, Humanica Public, Hana Microelectronics, and Interlink Communication. Infraset Public Company Limited designs and constructs engineering infrastructure in Thailand More
Infraset Public 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 Infraset Public'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 Infraset Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.79 | |||
| Information Ratio | 0.1436 | |||
| Maximum Drawdown | 23.27 | |||
| Value At Risk | (5.85) | |||
| Potential Upside | 9.49 |
Infraset Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Infraset Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Infraset Public's standard deviation. In reality, there are many statistical measures that can use Infraset Public historical prices to predict the future Infraset Public's volatility.| Risk Adjusted Performance | 0.1373 | |||
| Jensen Alpha | 0.702 | |||
| Total Risk Alpha | 0.1397 | |||
| Sortino Ratio | 0.168 | |||
| Treynor Ratio | 1.97 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Infraset Public's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Infraset Public Backtested Returns
Infraset Public appears to be risky, given 3 months investment horizon. Infraset Public holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. By evaluating Infraset Public's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please utilize Infraset Public's Downside Deviation of 3.79, market risk adjusted performance of 1.98, and Risk Adjusted Performance of 0.1373 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Infraset Public holds a performance score of 12. The company retains a Market Volatility (i.e., Beta) of 0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Infraset Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding Infraset Public is expected to be smaller as well. Please check Infraset Public's jensen alpha, skewness, relative strength index, as well as the relationship between the value at risk and day median price , to make a quick decision on whether Infraset Public's current trending patterns will revert.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Infraset Public has insignificant reverse predictability. Overlapping area represents the amount of predictability between Infraset Public time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Infraset Public price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Infraset Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Infraset Public lagged returns against current returns
Autocorrelation, which is Infraset Public 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 Infraset Public's stock expected returns. We can calculate the autocorrelation of Infraset Public returns to help us make a trade decision. For example, suppose you find that Infraset Public 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 |
Infraset Public 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 Infraset Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Infraset Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Infraset Public stock over time.
Current vs Lagged Prices |
| Timeline |
Infraset Public Lagged Returns
When evaluating Infraset Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Infraset Public stock have on its future price. Infraset Public 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, Infraset Public autocorrelation shows the relationship between Infraset Public stock current value and its past values and can show if there is a momentum factor associated with investing in Infraset Public.
Regressed Prices |
| Timeline |
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Infraset Public financial ratios help investors to determine whether Infraset 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 Infraset with respect to the benefits of owning Infraset Public security.