Jasmine Telecom (Thailand) Market Value
| JTS Stock | THB 30.50 0.25 0.83% |
| Symbol | Jasmine |
Jasmine Telecom '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 Jasmine Telecom'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 Jasmine Telecom.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Jasmine Telecom on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Jasmine Telecom Systems or generate 0.0% return on investment in Jasmine Telecom over 90 days. Jasmine Telecom is related to or competes with Jay Mart, Jasmine International, KCE Electronics, Delta Electronics, and Advanced Info. Jasmine Telecom Systems Public Company Limited engages in the design and installation of telecommunication systems, and ... More
Jasmine Telecom 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 Jasmine Telecom'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 Jasmine Telecom Systems upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 24.9 | |||
| Value At Risk | (10.86) | |||
| Potential Upside | 6.32 |
Jasmine Telecom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jasmine Telecom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jasmine Telecom's standard deviation. In reality, there are many statistical measures that can use Jasmine Telecom historical prices to predict the future Jasmine Telecom's volatility.| Risk Adjusted Performance | (0.21) | |||
| Jensen Alpha | (1.10) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (3.69) |
Jasmine Telecom Systems Backtested Returns
Jasmine Telecom Systems holds Efficiency (Sharpe) Ratio of -0.23, which attests that the entity had a -0.23 % return per unit of risk over the last 3 months. Jasmine Telecom Systems exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jasmine Telecom's Market Risk Adjusted Performance of (3.68), risk adjusted performance of (0.21), and Standard Deviation of 4.57 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.31, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Jasmine Telecom's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jasmine Telecom is expected to be smaller as well. At this point, Jasmine Telecom Systems has a negative expected return of -1.06%. Please make sure to check out Jasmine Telecom's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Jasmine Telecom Systems performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.35 |
Below average predictability
Jasmine Telecom Systems has below average predictability. Overlapping area represents the amount of predictability between Jasmine Telecom time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Jasmine Telecom Systems price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Jasmine Telecom price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 60.26 |
Jasmine Telecom Systems lagged returns against current returns
Autocorrelation, which is Jasmine Telecom 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 Jasmine Telecom's stock expected returns. We can calculate the autocorrelation of Jasmine Telecom returns to help us make a trade decision. For example, suppose you find that Jasmine Telecom 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 |
Jasmine Telecom 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 Jasmine Telecom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jasmine Telecom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jasmine Telecom stock over time.
Current vs Lagged Prices |
| Timeline |
Jasmine Telecom Lagged Returns
When evaluating Jasmine Telecom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jasmine Telecom stock have on its future price. Jasmine Telecom 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, Jasmine Telecom autocorrelation shows the relationship between Jasmine Telecom stock current value and its past values and can show if there is a momentum factor associated with investing in Jasmine Telecom Systems.
Regressed Prices |
| Timeline |
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Jasmine Telecom financial ratios help investors to determine whether Jasmine 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 Jasmine with respect to the benefits of owning Jasmine Telecom security.