Kasikornbank Public's market value is the price at which a share of Kasikornbank Public trades on a public exchange. It measures the collective expectations of Kasikornbank Public Co investors about its performance. Kasikornbank Public is trading at 18.35 as of the 26th of March 2025; that is 2.76 percent decrease since the beginning of the trading day. The stock's open price was 18.87.
With this module, you can estimate the performance of a buy and hold strategy of Kasikornbank Public Co and determine expected loss or profit from investing in Kasikornbank Public over a given investment horizon. Check out Kasikornbank Public Correlation, Kasikornbank Public Volatility and Kasikornbank Public Alpha and Beta module to complement your research on Kasikornbank Public.
Please note, there is a significant difference between Kasikornbank Public's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kasikornbank Public is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kasikornbank Public's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Kasikornbank Public '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 Kasikornbank Public's pink sheet 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 Kasikornbank Public.
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12/26/2024
No Change 0.00
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In 3 months and 1 day
03/26/2025
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If you would invest 0.00 in Kasikornbank Public on December 26, 2024 and sell it all today you would earn a total of 0.00 from holding Kasikornbank Public Co or generate 0.0% return on investment in Kasikornbank Public over 90 days. Kasikornbank Public is related to or competes with Turkiye Garanti, Hang Seng, PT Bank, Delhi Bank, Bank Central, Nedbank, and Standard Bank. Kasikornbank Public Company Limited, together with its subsidiaries, provides commercial banking products and services i... More
Kasikornbank Public 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 Kasikornbank Public's pink sheet 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 Kasikornbank Public Co upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kasikornbank Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kasikornbank Public's standard deviation. In reality, there are many statistical measures that can use Kasikornbank Public historical prices to predict the future Kasikornbank Public's volatility.
At this stage we consider Kasikornbank Pink Sheet to be not too volatile. Kasikornbank Public has Sharpe Ratio of 0.0154, which conveys that the firm had a 0.0154 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Kasikornbank Public, which you can use to evaluate the volatility of the firm. Please verify Kasikornbank Public's Downside Deviation of 3.2, mean deviation of 3.14, and Risk Adjusted Performance of 0.0374 to check out if the risk estimate we provide is consistent with the expected return of 0.0595%. Kasikornbank Public has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.48, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Kasikornbank Public will likely underperform. Kasikornbank Public right now secures a risk of 3.88%. Please verify Kasikornbank Public Co downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Kasikornbank Public Co will be following its current price movements.
Auto-correlation
-0.51
Good reverse predictability
Kasikornbank Public Co has good reverse predictability. Overlapping area represents the amount of predictability between Kasikornbank Public time series from 26th of December 2024 to 9th of February 2025 and 9th of February 2025 to 26th 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 Kasikornbank Public price movement. The serial correlation of -0.51 indicates that about 51.0% of current Kasikornbank Public price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.51
Spearman Rank Test
-0.27
Residual Average
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Price Variance
0.67
Kasikornbank Public lagged returns against current returns
Autocorrelation, which is Kasikornbank Public pink sheet'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 Kasikornbank Public's pink sheet expected returns. We can calculate the autocorrelation of Kasikornbank Public returns to help us make a trade decision. For example, suppose you find that Kasikornbank Public has exhibited high autocorrelation historically, and you observe that the pink sheet 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
Kasikornbank Public 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 Kasikornbank Public pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kasikornbank Public pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kasikornbank Public pink sheet over time.
Current vs Lagged Prices
Timeline
Kasikornbank Public Lagged Returns
When evaluating Kasikornbank Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kasikornbank Public pink sheet have on its future price. Kasikornbank Public 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, Kasikornbank Public autocorrelation shows the relationship between Kasikornbank Public pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kasikornbank Public Co.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for Kasikornbank Pink Sheet Analysis
When running Kasikornbank Public's price analysis, check to measure Kasikornbank Public's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kasikornbank Public is operating at the current time. Most of Kasikornbank Public's value examination focuses on studying past and present price action to predict the probability of Kasikornbank Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kasikornbank Public's price. Additionally, you may evaluate how the addition of Kasikornbank Public to your portfolios can decrease your overall portfolio volatility.