More Return (Thailand) Market Value
| MORE Stock | 0.03 0.01 50.00% |
| Symbol | More |
More Return '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 More Return'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 More Return.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in More Return on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding More Return Public or generate 0.0% return on investment in More Return over 90 days. More Return is related to or competes with E For, Mono Next, Nex Point, Infraset Public, and NCL International. More
More Return 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 More Return'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 More Return Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 30.9 | |||
| Information Ratio | 0.0816 | |||
| Maximum Drawdown | 83.33 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
More Return Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for More Return's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as More Return's standard deviation. In reality, there are many statistical measures that can use More Return historical prices to predict the future More Return's volatility.| Risk Adjusted Performance | 0.0773 | |||
| Jensen Alpha | 1.75 | |||
| Total Risk Alpha | 5.2 | |||
| Sortino Ratio | 0.0678 | |||
| Treynor Ratio | (0.93) |
More Return Public Backtested Returns
More Return is out of control given 3 months investment horizon. More Return Public has Sharpe Ratio of 0.0887, which conveys that the firm had a 0.0887 % return per unit of risk over the last 3 months. We were able to collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 2.31% are justified by taking the suggested risk. Use More Return Public Risk Adjusted Performance of 0.0773, downside deviation of 30.9, and Mean Deviation of 17.4 to evaluate company specific risk that cannot be diversified away. More Return holds a performance score of 6 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -2.14, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning More Return are expected to decrease by larger amounts. On the other hand, during market turmoil, More Return is expected to outperform it. Use More Return Public treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to analyze future returns on More Return Public.
Auto-correlation | -0.16 |
Insignificant reverse predictability
More Return Public has insignificant reverse predictability. Overlapping area represents the amount of predictability between More Return time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 More Return Public price movement. The serial correlation of -0.16 indicates that over 16.0% of current More Return price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
More Return Public lagged returns against current returns
Autocorrelation, which is More Return 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 More Return's stock expected returns. We can calculate the autocorrelation of More Return returns to help us make a trade decision. For example, suppose you find that More Return 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 |
More Return 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 More Return stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if More Return stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in More Return stock over time.
Current vs Lagged Prices |
| Timeline |
More Return Lagged Returns
When evaluating More Return's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of More Return stock have on its future price. More Return 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, More Return autocorrelation shows the relationship between More Return stock current value and its past values and can show if there is a momentum factor associated with investing in More Return Public.
Regressed Prices |
| Timeline |
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More Return financial ratios help investors to determine whether More 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 More with respect to the benefits of owning More Return security.