MK Restaurant (Thailand) Market Value
| M Stock | THB 24.80 0.30 1.22% |
| Symbol | MK Restaurant |
MK Restaurant '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 MK Restaurant'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 MK Restaurant.
| 04/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in MK Restaurant on April 6, 2024 and sell it all today you would earn a total of 0.00 from holding MK Restaurant Group or generate 0.0% return on investment in MK Restaurant over 240 days. MK Restaurant is related to or competes with Minor International, Home Product, CP ALL, Central Pattana, and BTS Group. MK Restaurant Group Public Company Limited, together with its subsidiaries, sells foods and beverages through restaurant... More
MK Restaurant 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 MK Restaurant'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 MK Restaurant Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 7.76 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 3.0 |
MK Restaurant Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MK Restaurant's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MK Restaurant's standard deviation. In reality, there are many statistical measures that can use MK Restaurant historical prices to predict the future MK Restaurant's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 0.9297 |
MK Restaurant Group Backtested Returns
MK Restaurant Group retains Efficiency (Sharpe Ratio) of -0.0629, which conveys that the firm had a -0.0629% return per unit of price deviation over the last 3 months. MK Restaurant exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MK Restaurant's Mean Deviation of 1.39, market risk adjusted performance of 0.9397, and Information Ratio of (0.11) to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.0715, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MK Restaurant are expected to decrease at a much lower rate. During the bear market, MK Restaurant is likely to outperform the market. At this point, MK Restaurant Group has a negative expected return of -0.11%. Please make sure to verify MK Restaurant's potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if MK Restaurant Group performance from the past will be repeated sooner or later.
Auto-correlation | -0.1 |
Very weak reverse predictability
MK Restaurant Group has very weak reverse predictability. Overlapping area represents the amount of predictability between MK Restaurant time series from 6th of April 2024 to 4th of August 2024 and 4th of August 2024 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 MK Restaurant Group price movement. The serial correlation of -0.1 indicates that less than 10.0% of current MK Restaurant price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 2.25 |
MK Restaurant Group lagged returns against current returns
Autocorrelation, which is MK Restaurant 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 MK Restaurant's stock expected returns. We can calculate the autocorrelation of MK Restaurant returns to help us make a trade decision. For example, suppose you find that MK Restaurant 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 |
MK Restaurant 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 MK Restaurant stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MK Restaurant stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MK Restaurant stock over time.
Current vs Lagged Prices |
| Timeline |
MK Restaurant Lagged Returns
When evaluating MK Restaurant's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MK Restaurant stock have on its future price. MK Restaurant 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, MK Restaurant autocorrelation shows the relationship between MK Restaurant stock current value and its past values and can show if there is a momentum factor associated with investing in MK Restaurant Group.
Regressed Prices |
| Timeline |
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MK Restaurant financial ratios help investors to determine whether MK Restaurant 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 MK Restaurant with respect to the benefits of owning MK Restaurant security.