Namyong Terminal (Thailand) Market Value
| NYT Stock | THB 2.98 0.06 1.97% |
| Symbol | Namyong |
Namyong Terminal '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 Namyong Terminal'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 Namyong Terminal.
| 11/20/2023 |
| 12/14/2024 |
If you would invest 0.00 in Namyong Terminal on November 20, 2023 and sell it all today you would earn a total of 0.00 from holding Namyong Terminal PCL or generate 0.0% return on investment in Namyong Terminal over 390 days. Namyong Terminal is related to or competes with Tata Steel, TTCL Public, Thaifoods Group, and TMT Steel. Namyong Terminal Public Company Limited provides port services in Thailand More
Namyong Terminal 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 Namyong Terminal'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 Namyong Terminal PCL upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 6.08 | |||
| Value At Risk | (3.12) | |||
| Potential Upside | 2.53 |
Namyong Terminal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Namyong Terminal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Namyong Terminal's standard deviation. In reality, there are many statistical measures that can use Namyong Terminal historical prices to predict the future Namyong Terminal's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.51) |
Namyong Terminal PCL Backtested Returns
Namyong Terminal PCL has Sharpe Ratio of -0.0875, which conveys that the firm had a -0.0875% return per unit of risk over the last 3 months. Namyong Terminal exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Namyong Terminal's Standard Deviation of 1.46, risk adjusted performance of (0.05), and Mean Deviation of 1.06 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.25, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Namyong Terminal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Namyong Terminal is expected to be smaller as well. At this point, Namyong Terminal PCL has a negative expected return of -0.12%. Please make sure to verify Namyong Terminal's maximum drawdown, kurtosis, day median price, as well as the relationship between the potential upside and daily balance of power , to decide if Namyong Terminal PCL performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.32 |
Poor reverse predictability
Namyong Terminal PCL has poor reverse predictability. Overlapping area represents the amount of predictability between Namyong Terminal time series from 20th of November 2023 to 2nd of June 2024 and 2nd of June 2024 to 14th 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 Namyong Terminal PCL price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Namyong Terminal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Namyong Terminal PCL lagged returns against current returns
Autocorrelation, which is Namyong Terminal 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 Namyong Terminal's stock expected returns. We can calculate the autocorrelation of Namyong Terminal returns to help us make a trade decision. For example, suppose you find that Namyong Terminal 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 |
Namyong Terminal 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 Namyong Terminal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Namyong Terminal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Namyong Terminal stock over time.
Current vs Lagged Prices |
| Timeline |
Namyong Terminal Lagged Returns
When evaluating Namyong Terminal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Namyong Terminal stock have on its future price. Namyong Terminal 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, Namyong Terminal autocorrelation shows the relationship between Namyong Terminal stock current value and its past values and can show if there is a momentum factor associated with investing in Namyong Terminal PCL.
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 Namyong Stock
Namyong Terminal financial ratios help investors to determine whether Namyong 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 Namyong with respect to the benefits of owning Namyong Terminal security.