Kumwell Public (Thailand) Market Value
| KUMWEL Stock | THB 1.37 0.07 5.38% |
| Symbol | Kumwell |
Kumwell 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 Kumwell Public'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 Kumwell Public.
| 12/09/2024 |
| 01/08/2025 |
If you would invest 0.00 in Kumwell Public on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding Kumwell Public or generate 0.0% return on investment in Kumwell Public over 30 days. Kumwell Public is related to or competes with KC Metalsheet, K W, Kingsmen CMTI, Villa Kunalai, and Megachem Public. Kumwell Corporation Public Company Limited engages in the production and distribution of electrical equipment, graphite ... More
Kumwell 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 Kumwell Public'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 Kumwell Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 10.42 | |||
| Value At Risk | (4.41) | |||
| Potential Upside | 3.97 |
Kumwell Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kumwell Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kumwell Public's standard deviation. In reality, there are many statistical measures that can use Kumwell Public historical prices to predict the future Kumwell Public's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 3.52 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kumwell Public'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.
Kumwell Public Backtested Returns
Kumwell Public 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. Kumwell Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kumwell Public's Standard Deviation of 2.15, risk adjusted performance of (0.13), and Mean Deviation of 1.52 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.1, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Kumwell Public are expected to decrease at a much lower rate. During the bear market, Kumwell Public is likely to outperform the market. At this point, Kumwell Public has a negative expected return of -0.4%. Please make sure to verify Kumwell Public's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Kumwell Public performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.25 |
Poor predictability
Kumwell Public has poor predictability. Overlapping area represents the amount of predictability between Kumwell Public time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th of January 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 Kumwell Public price movement. The serial correlation of 0.25 indicates that over 25.0% of current Kumwell Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kumwell Public lagged returns against current returns
Autocorrelation, which is Kumwell Public 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 Kumwell Public's stock expected returns. We can calculate the autocorrelation of Kumwell Public returns to help us make a trade decision. For example, suppose you find that Kumwell Public 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 |
Kumwell 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 Kumwell Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kumwell Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kumwell Public stock over time.
Current vs Lagged Prices |
| Timeline |
Kumwell Public Lagged Returns
When evaluating Kumwell Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kumwell Public stock have on its future price. Kumwell 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, Kumwell Public autocorrelation shows the relationship between Kumwell Public stock current value and its past values and can show if there is a momentum factor associated with investing in Kumwell Public.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Kumwell Stock
Kumwell Public financial ratios help investors to determine whether Kumwell 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 Kumwell with respect to the benefits of owning Kumwell Public security.