Kiatnakin Phatra (Thailand) Market Value
| KKP Stock | THB 57.75 0.75 1.32% |
| Symbol | Kiatnakin |
Kiatnakin Phatra '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 Kiatnakin Phatra'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 Kiatnakin Phatra.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Kiatnakin Phatra on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Kiatnakin Phatra Bank or generate 0.0% return on investment in Kiatnakin Phatra over 30 days. Kiatnakin Phatra is related to or competes with TISCO Financial, Kasikornbank Public, Thanachart Capital, SCB X, and Bangkok Bank. Kiatnakin Bank Public Company Limited, together with its subsidiaries, provides various banking products and services in... More
Kiatnakin Phatra 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 Kiatnakin Phatra'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 Kiatnakin Phatra Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.41 | |||
| Information Ratio | 0.1056 | |||
| Maximum Drawdown | 7.31 | |||
| Value At Risk | (1.90) | |||
| Potential Upside | 2.7 |
Kiatnakin Phatra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kiatnakin Phatra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kiatnakin Phatra's standard deviation. In reality, there are many statistical measures that can use Kiatnakin Phatra historical prices to predict the future Kiatnakin Phatra's volatility.| Risk Adjusted Performance | 0.0844 | |||
| Jensen Alpha | 0.1438 | |||
| Total Risk Alpha | 0.1571 | |||
| Sortino Ratio | 0.1073 | |||
| Treynor Ratio | (1.27) |
Kiatnakin Phatra Bank Backtested Returns
Kiatnakin Phatra appears to be very steady, given 3 months investment horizon. Kiatnakin Phatra Bank has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kiatnakin Phatra, which you can use to evaluate the volatility of the firm. Please exercise Kiatnakin Phatra's Risk Adjusted Performance of 0.0844, mean deviation of 1.1, and Downside Deviation of 1.41 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kiatnakin Phatra holds a performance score of 13. The company secures a Beta (Market Risk) of -0.11, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kiatnakin Phatra are expected to decrease at a much lower rate. During the bear market, Kiatnakin Phatra is likely to outperform the market. Please check Kiatnakin Phatra's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Kiatnakin Phatra's current price movements will revert.
Auto-correlation | -0.7 |
Very good reverse predictability
Kiatnakin Phatra Bank has very good reverse predictability. Overlapping area represents the amount of predictability between Kiatnakin Phatra time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 Kiatnakin Phatra Bank price movement. The serial correlation of -0.7 indicates that around 70.0% of current Kiatnakin Phatra price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 7.17 |
Kiatnakin Phatra Bank lagged returns against current returns
Autocorrelation, which is Kiatnakin Phatra 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 Kiatnakin Phatra's stock expected returns. We can calculate the autocorrelation of Kiatnakin Phatra returns to help us make a trade decision. For example, suppose you find that Kiatnakin Phatra 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 |
Kiatnakin Phatra 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 Kiatnakin Phatra stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kiatnakin Phatra stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kiatnakin Phatra stock over time.
Current vs Lagged Prices |
| Timeline |
Kiatnakin Phatra Lagged Returns
When evaluating Kiatnakin Phatra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kiatnakin Phatra stock have on its future price. Kiatnakin Phatra 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, Kiatnakin Phatra autocorrelation shows the relationship between Kiatnakin Phatra stock current value and its past values and can show if there is a momentum factor associated with investing in Kiatnakin Phatra Bank.
Regressed Prices |
| Timeline |
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Kiatnakin Phatra financial ratios help investors to determine whether Kiatnakin 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 Kiatnakin with respect to the benefits of owning Kiatnakin Phatra security.