Quality Construction (Thailand) Market Value

Q-CON Stock   9.15  0.05  0.55%   
Quality Construction's market value is the price at which a share of Quality Construction trades on a public exchange. It measures the collective expectations of Quality Construction Products investors about its performance. Quality Construction is trading at 9.15 as of the 1st of March 2025, a 0.55 percent increase since the beginning of the trading day. The stock's open price was 9.1.
With this module, you can estimate the performance of a buy and hold strategy of Quality Construction Products and determine expected loss or profit from investing in Quality Construction over a given investment horizon. Check out Quality Construction Correlation, Quality Construction Volatility and Quality Construction Alpha and Beta module to complement your research on Quality Construction.
Symbol

Please note, there is a significant difference between Quality Construction's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quality Construction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quality Construction's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Quality Construction '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 Quality Construction'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 Quality Construction.
0.00
03/12/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/01/2025
0.00
If you would invest  0.00  in Quality Construction on March 12, 2023 and sell it all today you would earn a total of 0.00 from holding Quality Construction Products or generate 0.0% return on investment in Quality Construction over 720 days. Quality Construction is related to or competes with TPI Polene, Regional Container, Southern Concrete, Tipco Asphalt, and Supalai Public. More

Quality Construction 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 Quality Construction'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 Quality Construction Products upside and downside potential and time the market with a certain degree of confidence.

Quality Construction Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Quality Construction's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Quality Construction's standard deviation. In reality, there are many statistical measures that can use Quality Construction historical prices to predict the future Quality Construction's volatility.
Hype
Prediction
LowEstimatedHigh
8.199.1510.11
Details
Intrinsic
Valuation
LowRealHigh
8.159.1110.07
Details
Naive
Forecast
LowNextHigh
8.129.0810.04
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.689.079.46
Details

Quality Construction Backtested Returns

Quality Construction maintains Sharpe Ratio (i.e., Efficiency) of -0.0328, which implies the firm had a -0.0328 % return per unit of risk over the last 3 months. Quality Construction exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Quality Construction's Risk Adjusted Performance of (0.03), variance of 0.8832, and Coefficient Of Variation of (2,575) to confirm the risk estimate we provide. The company holds a Beta of 0.35, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Quality Construction's returns are expected to increase less than the market. However, during the bear market, the loss of holding Quality Construction is expected to be smaller as well. At this point, Quality Construction has a negative expected return of -0.0315%. Please make sure to check Quality Construction's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Quality Construction performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.23  

Weak reverse predictability

Quality Construction Products has weak reverse predictability. Overlapping area represents the amount of predictability between Quality Construction time series from 12th of March 2023 to 6th of March 2024 and 6th of March 2024 to 1st 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 Quality Construction price movement. The serial correlation of -0.23 indicates that over 23.0% of current Quality Construction price fluctuation can be explain by its past prices.
Correlation Coefficient-0.23
Spearman Rank Test-0.14
Residual Average0.0
Price Variance6.18

Quality Construction lagged returns against current returns

Autocorrelation, which is Quality Construction 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 Quality Construction's stock expected returns. We can calculate the autocorrelation of Quality Construction returns to help us make a trade decision. For example, suppose you find that Quality Construction 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  

Quality Construction 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 Quality Construction stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Quality Construction stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Quality Construction stock over time.
   Current vs Lagged Prices   
       Timeline  

Quality Construction Lagged Returns

When evaluating Quality Construction's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Quality Construction stock have on its future price. Quality Construction 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, Quality Construction autocorrelation shows the relationship between Quality Construction stock current value and its past values and can show if there is a momentum factor associated with investing in Quality Construction Products.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Quality Stock

Quality Construction financial ratios help investors to determine whether Quality 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 Quality with respect to the benefits of owning Quality Construction security.