Samart Digital (Thailand) Market Value
| SDC Stock | THB 0.05 0.01 16.67% |
| Symbol | Samart |
Samart Digital '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 Samart Digital'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 Samart Digital.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Samart Digital on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Samart Digital Public or generate 0.0% return on investment in Samart Digital over 30 days. Samart Digital is related to or competes with Jay Mart, Samart Public, Jasmine International, and Internet Thailand. Samart Digital Public Company Limited, together with its subsidiaries, distributes communications and electronics equipm... More
Samart Digital 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 Samart Digital'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 Samart Digital Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 30.84 | |||
| Information Ratio | 0.1591 | |||
| Maximum Drawdown | 83.33 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
Samart Digital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Samart Digital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Samart Digital's standard deviation. In reality, there are many statistical measures that can use Samart Digital historical prices to predict the future Samart Digital's volatility.| Risk Adjusted Performance | 0.1358 | |||
| Jensen Alpha | 3.46 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.1212 | |||
| Treynor Ratio | 1.21 |
Samart Digital Public Backtested Returns
Samart Digital is out of control given 3 months investment horizon. Samart Digital Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. We were able to break down thirty different technical indicators, which can help you to evaluate if expected returns of 3.79% are justified by taking the suggested risk. Use Samart Digital Public Risk Adjusted Performance of 0.1358, coefficient of variation of 606.26, and Semi Deviation of 13.38 to evaluate company specific risk that cannot be diversified away. Samart Digital holds a performance score of 13 on a scale of zero to a hundred. The entity has a beta of 3.2, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Samart Digital will likely underperform. Use Samart Digital Public jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to analyze future returns on Samart Digital Public.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
Samart Digital Public has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Samart Digital time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 Samart Digital Public price movement. The serial correlation of -0.73 indicates that around 73.0% of current Samart Digital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Samart Digital Public lagged returns against current returns
Autocorrelation, which is Samart Digital 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 Samart Digital's stock expected returns. We can calculate the autocorrelation of Samart Digital returns to help us make a trade decision. For example, suppose you find that Samart Digital 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 |
Samart Digital 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 Samart Digital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Samart Digital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Samart Digital stock over time.
Current vs Lagged Prices |
| Timeline |
Samart Digital Lagged Returns
When evaluating Samart Digital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Samart Digital stock have on its future price. Samart Digital 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, Samart Digital autocorrelation shows the relationship between Samart Digital stock current value and its past values and can show if there is a momentum factor associated with investing in Samart Digital Public.
Regressed Prices |
| Timeline |
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Samart Digital financial ratios help investors to determine whether Samart 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 Samart with respect to the benefits of owning Samart Digital security.