KTBST Mixed (Thailand) Market Value
| KTBSTMR Stock | 6.50 0.05 0.78% |
| Symbol | KTBST |
KTBST Mixed '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 KTBST Mixed'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 KTBST Mixed.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in KTBST Mixed on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding KTBST Mixed Leasehold or generate 0.0% return on investment in KTBST Mixed over 540 days. KTBST Mixed is related to or competes with Ticon Freehold, CPN Retail, Golden Ventures, Impact Growth, and INET Leasehold. More
KTBST Mixed 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 KTBST Mixed'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 KTBST Mixed Leasehold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.21 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 5.09 | |||
| Value At Risk | (1.54) | |||
| Potential Upside | 2.19 |
KTBST Mixed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KTBST Mixed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KTBST Mixed's standard deviation. In reality, there are many statistical measures that can use KTBST Mixed historical prices to predict the future KTBST Mixed's volatility.| Risk Adjusted Performance | 0.0103 | |||
| Jensen Alpha | 0.0096 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | (0) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of KTBST Mixed's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
KTBST Mixed Leasehold Backtested Returns
Currently, KTBST Mixed Leasehold is somewhat reliable. KTBST Mixed Leasehold retains Efficiency (Sharpe Ratio) of 0.0335, which conveys that the firm had a 0.0335% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for KTBST Mixed, which you can use to evaluate the volatility of the firm. Please verify KTBST Mixed's Market Risk Adjusted Performance of 0.0052, downside deviation of 1.21, and Mean Deviation of 0.7952 to check out if the risk estimate we provide is consistent with the expected return of 0.035%. KTBST Mixed has a performance score of 2 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of -0.0799, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning KTBST Mixed are expected to decrease at a much lower rate. During the bear market, KTBST Mixed is likely to outperform the market. KTBST Mixed Leasehold currently owns a risk of 1.04%. Please verify KTBST Mixed Leasehold potential upside, and the relationship between the jensen alpha and accumulation distribution , to decide if KTBST Mixed Leasehold will be following its current price history.
Auto-correlation | -0.6 |
Good reverse predictability
KTBST Mixed Leasehold has good reverse predictability. Overlapping area represents the amount of predictability between KTBST Mixed time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 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 KTBST Mixed Leasehold price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current KTBST Mixed price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
KTBST Mixed Leasehold lagged returns against current returns
Autocorrelation, which is KTBST Mixed 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 KTBST Mixed's stock expected returns. We can calculate the autocorrelation of KTBST Mixed returns to help us make a trade decision. For example, suppose you find that KTBST Mixed 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 |
KTBST Mixed 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 KTBST Mixed stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KTBST Mixed stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KTBST Mixed stock over time.
Current vs Lagged Prices |
| Timeline |
KTBST Mixed Lagged Returns
When evaluating KTBST Mixed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KTBST Mixed stock have on its future price. KTBST Mixed 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, KTBST Mixed autocorrelation shows the relationship between KTBST Mixed stock current value and its past values and can show if there is a momentum factor associated with investing in KTBST Mixed Leasehold.
Regressed Prices |
| Timeline |
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When running KTBST Mixed's price analysis, check to measure KTBST Mixed'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 KTBST Mixed is operating at the current time. Most of KTBST Mixed's value examination focuses on studying past and present price action to predict the probability of KTBST Mixed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KTBST Mixed's price. Additionally, you may evaluate how the addition of KTBST Mixed to your portfolios can decrease your overall portfolio volatility.