Kiattana Transport (Thailand) Market Value
| KIAT Stock | THB 0.28 0.01 3.70% |
| Symbol | Kiattana |
Kiattana Transport '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 Kiattana Transport'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 Kiattana Transport.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Kiattana Transport on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Kiattana Transport Public or generate 0.0% return on investment in Kiattana Transport over 90 days. Kiattana Transport is related to or competes with Namyong Terminal, Hwa Fong, Karmarts Public, Jay Mart, and IRPC Public. Kiattana Transport Public Company Limited provides transportation services in Thailand and internationally More
Kiattana Transport 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 Kiattana Transport'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 Kiattana Transport Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 10.02 | |||
| Value At Risk | (3.45) | |||
| Potential Upside | 3.7 |
Kiattana Transport Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kiattana Transport's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kiattana Transport's standard deviation. In reality, there are many statistical measures that can use Kiattana Transport historical prices to predict the future Kiattana Transport's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | 0.1756 | |||
| Treynor Ratio | 0.5424 |
Kiattana Transport Public Backtested Returns
Kiattana Transport Public has Sharpe Ratio of -0.0812, which conveys that the firm had a -0.0812 % return per unit of risk over the last 3 months. Kiattana Transport exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kiattana Transport's Mean Deviation of 1.75, risk adjusted performance of (0.04), and Standard Deviation of 2.47 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.25, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kiattana Transport are expected to decrease at a much lower rate. During the bear market, Kiattana Transport is likely to outperform the market. At this point, Kiattana Transport Public has a negative expected return of -0.19%. Please make sure to verify Kiattana Transport's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Kiattana Transport Public performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.67 |
Good predictability
Kiattana Transport Public has good predictability. Overlapping area represents the amount of predictability between Kiattana Transport time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Kiattana Transport Public price movement. The serial correlation of 0.67 indicates that around 67.0% of current Kiattana Transport price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kiattana Transport Public lagged returns against current returns
Autocorrelation, which is Kiattana Transport 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 Kiattana Transport's stock expected returns. We can calculate the autocorrelation of Kiattana Transport returns to help us make a trade decision. For example, suppose you find that Kiattana Transport 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 |
Kiattana Transport 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 Kiattana Transport stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kiattana Transport stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kiattana Transport stock over time.
Current vs Lagged Prices |
| Timeline |
Kiattana Transport Lagged Returns
When evaluating Kiattana Transport's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kiattana Transport stock have on its future price. Kiattana Transport 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, Kiattana Transport autocorrelation shows the relationship between Kiattana Transport stock current value and its past values and can show if there is a momentum factor associated with investing in Kiattana Transport Public.
Regressed Prices |
| Timeline |
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Kiattana Transport financial ratios help investors to determine whether Kiattana 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 Kiattana with respect to the benefits of owning Kiattana Transport security.