JMT Network (Thailand) Market Value
| JMT Stock | THB 18.20 1.10 6.43% |
| Symbol | JMT |
JMT Network '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 JMT Network'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 JMT Network.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in JMT Network on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding JMT Network Services or generate 0.0% return on investment in JMT Network over 30 days. JMT Network is related to or competes with Jay Mart, Com7 PCL, KCE Electronics, Muangthai Capital, and Gulf Energy. JMT Network Services Public Company Limited, together with its subsidiaries, provides debts tracking and collection serv... More
JMT Network 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 JMT Network'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 JMT Network Services upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.19 | |||
| Information Ratio | 0.0437 | |||
| Maximum Drawdown | 19.16 | |||
| Value At Risk | (4.61) | |||
| Potential Upside | 6.43 |
JMT Network Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JMT Network's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JMT Network's standard deviation. In reality, there are many statistical measures that can use JMT Network historical prices to predict the future JMT Network's volatility.| Risk Adjusted Performance | 0.0694 | |||
| Jensen Alpha | 0.244 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0469 | |||
| Treynor Ratio | 1.48 |
JMT Network Services Backtested Returns
JMT Network appears to be not too volatile, given 3 months investment horizon. JMT Network Services holds Efficiency (Sharpe) Ratio of 0.0804, which attests that the entity had a 0.0804% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for JMT Network Services, which you can use to evaluate the volatility of the firm. Please utilize JMT Network's risk adjusted performance of 0.0694, and Market Risk Adjusted Performance of 1.49 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, JMT Network holds a performance score of 6. The company retains a Market Volatility (i.e., Beta) of 0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, JMT Network's returns are expected to increase less than the market. However, during the bear market, the loss of holding JMT Network is expected to be smaller as well. Please check JMT Network's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether JMT Network's current trending patterns will revert.
Auto-correlation | -0.18 |
Insignificant reverse predictability
JMT Network Services has insignificant reverse predictability. Overlapping area represents the amount of predictability between JMT Network time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 JMT Network Services price movement. The serial correlation of -0.18 indicates that over 18.0% of current JMT Network price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
JMT Network Services lagged returns against current returns
Autocorrelation, which is JMT Network 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 JMT Network's stock expected returns. We can calculate the autocorrelation of JMT Network returns to help us make a trade decision. For example, suppose you find that JMT Network 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 |
JMT Network 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 JMT Network stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JMT Network stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JMT Network stock over time.
Current vs Lagged Prices |
| Timeline |
JMT Network Lagged Returns
When evaluating JMT Network's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JMT Network stock have on its future price. JMT Network 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, JMT Network autocorrelation shows the relationship between JMT Network stock current value and its past values and can show if there is a momentum factor associated with investing in JMT Network Services.
Regressed Prices |
| Timeline |
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JMT Network financial ratios help investors to determine whether JMT 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 JMT with respect to the benefits of owning JMT Network security.