Singha Estate (Thailand) Market Value
| S Stock | THB 0.93 0.02 2.11% |
| Symbol | Singha |
Singha Estate '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 Singha Estate'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 Singha Estate.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Singha Estate on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Singha Estate Public or generate 0.0% return on investment in Singha Estate over 30 days. Singha Estate is related to or competes with Vibhavadi Medical, VGI Public, and WHA Public. Singha Estate Public Company Limited, together with its subsidiaries, develops and invests in real estate properties for... More
Singha Estate 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 Singha Estate'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 Singha Estate Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.33 | |||
| Information Ratio | 0.0655 | |||
| Maximum Drawdown | 18.14 | |||
| Value At Risk | (3.00) | |||
| Potential Upside | 4.44 |
Singha Estate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Singha Estate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Singha Estate's standard deviation. In reality, there are many statistical measures that can use Singha Estate historical prices to predict the future Singha Estate's volatility.| Risk Adjusted Performance | 0.088 | |||
| Jensen Alpha | 0.2578 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0756 | |||
| Treynor Ratio | 1.0 |
Singha Estate Public Backtested Returns
As of now, Singha Stock is dangerous. Singha Estate Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0481, which indicates the firm had a 0.0481% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Singha Estate Public, which you can use to evaluate the volatility of the company. Please validate Singha Estate's Coefficient Of Variation of 895.63, risk adjusted performance of 0.088, and Semi Deviation of 1.29 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Singha Estate has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Singha Estate's returns are expected to increase less than the market. However, during the bear market, the loss of holding Singha Estate is expected to be smaller as well. Singha Estate Public right now has a risk of 2.55%. Please validate Singha Estate expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Singha Estate will be following its existing price patterns.
Auto-correlation | -0.67 |
Very good reverse predictability
Singha Estate Public has very good reverse predictability. Overlapping area represents the amount of predictability between Singha Estate time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Singha Estate Public price movement. The serial correlation of -0.67 indicates that around 67.0% of current Singha Estate price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Singha Estate Public lagged returns against current returns
Autocorrelation, which is Singha Estate 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 Singha Estate's stock expected returns. We can calculate the autocorrelation of Singha Estate returns to help us make a trade decision. For example, suppose you find that Singha Estate 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 |
Singha Estate 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 Singha Estate stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Singha Estate stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Singha Estate stock over time.
Current vs Lagged Prices |
| Timeline |
Singha Estate Lagged Returns
When evaluating Singha Estate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Singha Estate stock have on its future price. Singha Estate 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, Singha Estate autocorrelation shows the relationship between Singha Estate stock current value and its past values and can show if there is a momentum factor associated with investing in Singha Estate Public.
Regressed Prices |
| Timeline |
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Singha Estate financial ratios help investors to determine whether Singha 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 Singha with respect to the benefits of owning Singha Estate security.