Kulthorn Kirby (Thailand) Market Value
| KKC Stock | THB 0.04 0.00 0.00% |
| Symbol | Kulthorn |
Kulthorn Kirby '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 Kulthorn Kirby'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 Kulthorn Kirby.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Kulthorn Kirby on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Kulthorn Kirby Public or generate 0.0% return on investment in Kulthorn Kirby over 720 days. Kulthorn Kirby is related to or competes with Asia Aviation, Bangkok Dusit, Bangkok Expressway, Airports, and BTS Group. Kulthorn Kirby Public Company Limited, together with its subsidiary, manufactures and distributes hermetic compressors f... More
Kulthorn Kirby 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 Kulthorn Kirby'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 Kulthorn Kirby Public upside and downside potential and time the market with a certain degree of confidence.
Kulthorn Kirby Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kulthorn Kirby's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kulthorn Kirby's standard deviation. In reality, there are many statistical measures that can use Kulthorn Kirby historical prices to predict the future Kulthorn Kirby's volatility.Kulthorn Kirby Public Backtested Returns
Kulthorn Kirby Public has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We were able to break down three different technical indicators, which can help you to evaluate if expected returns of 16.13% are justified by taking the suggested risk. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Kulthorn Kirby are completely uncorrelated.
Auto-correlation | 0.85 |
Very good predictability
Kulthorn Kirby Public has very good predictability. Overlapping area represents the amount of predictability between Kulthorn Kirby time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 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 Kulthorn Kirby Public price movement. The serial correlation of 0.85 indicates that around 85.0% of current Kulthorn Kirby price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Kulthorn Kirby Public lagged returns against current returns
Autocorrelation, which is Kulthorn Kirby 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 Kulthorn Kirby's stock expected returns. We can calculate the autocorrelation of Kulthorn Kirby returns to help us make a trade decision. For example, suppose you find that Kulthorn Kirby 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 |
Kulthorn Kirby 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 Kulthorn Kirby stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kulthorn Kirby stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kulthorn Kirby stock over time.
Current vs Lagged Prices |
| Timeline |
Kulthorn Kirby Lagged Returns
When evaluating Kulthorn Kirby's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kulthorn Kirby stock have on its future price. Kulthorn Kirby 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, Kulthorn Kirby autocorrelation shows the relationship between Kulthorn Kirby stock current value and its past values and can show if there is a momentum factor associated with investing in Kulthorn Kirby Public.
Regressed Prices |
| Timeline |
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Kulthorn Kirby financial ratios help investors to determine whether Kulthorn 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 Kulthorn with respect to the benefits of owning Kulthorn Kirby security.