MFC Asset (Thailand) Market Value
| MFC Stock | THB 29.75 0.25 0.83% |
| Symbol | MFC |
MFC Asset '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 MFC Asset'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 MFC Asset.
| 10/26/2024 |
| 01/24/2025 |
If you would invest 0.00 in MFC Asset on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding MFC Asset Management or generate 0.0% return on investment in MFC Asset over 90 days. MFC Asset is related to or competes with KGI Securities, Lam Soon, Lalin Property, Hwa Fong, and MCS Steel. MFC Asset Management Public Company Limited is a publicly owned investment manager More
MFC Asset 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 MFC Asset'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 MFC Asset Management upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.4 | |||
| Information Ratio | 0.0022 | |||
| Maximum Drawdown | 9.32 | |||
| Value At Risk | (3.60) | |||
| Potential Upside | 3.57 |
MFC Asset Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MFC Asset's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MFC Asset's standard deviation. In reality, there are many statistical measures that can use MFC Asset historical prices to predict the future MFC Asset's volatility.| Risk Adjusted Performance | 0.0262 | |||
| Jensen Alpha | 0.0352 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0021 | |||
| Treynor Ratio | 0.2089 |
MFC Asset Management Backtested Returns
As of now, MFC Stock is very steady. MFC Asset Management retains Efficiency (Sharpe Ratio) of 0.0236, which conveys that the firm had a 0.0236 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for MFC Asset, which you can use to evaluate the volatility of the firm. Please verify MFC Asset's Market Risk Adjusted Performance of 0.2189, mean deviation of 1.79, and Semi Deviation of 2.12 to check out if the risk estimate we provide is consistent with the expected return of 0.0539%. MFC Asset has a performance score of 1 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MFC Asset's returns are expected to increase less than the market. However, during the bear market, the loss of holding MFC Asset is expected to be smaller as well. MFC Asset Management at this time owns a risk of 2.28%. Please verify MFC Asset Management semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to decide if MFC Asset Management will be following its current price history.
Auto-correlation | 0.25 |
Poor predictability
MFC Asset Management has poor predictability. Overlapping area represents the amount of predictability between MFC Asset time series from 26th of October 2024 to 10th of December 2024 and 10th of December 2024 to 24th 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 MFC Asset Management price movement. The serial correlation of 0.25 indicates that over 25.0% of current MFC Asset price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 1.71 |
MFC Asset Management lagged returns against current returns
Autocorrelation, which is MFC Asset 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 MFC Asset's stock expected returns. We can calculate the autocorrelation of MFC Asset returns to help us make a trade decision. For example, suppose you find that MFC Asset 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 |
MFC Asset 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 MFC Asset stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MFC Asset stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MFC Asset stock over time.
Current vs Lagged Prices |
| Timeline |
MFC Asset Lagged Returns
When evaluating MFC Asset's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MFC Asset stock have on its future price. MFC Asset 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, MFC Asset autocorrelation shows the relationship between MFC Asset stock current value and its past values and can show if there is a momentum factor associated with investing in MFC Asset Management.
Regressed Prices |
| Timeline |
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MFC Asset financial ratios help investors to determine whether MFC 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 MFC with respect to the benefits of owning MFC Asset security.