SET Total's market value is the price at which a share of SET Total trades on a public exchange. It measures the collective expectations of SET Total Return investors about its performance. SET Total is listed at 8815.15 as of the 14th of March 2025, which is a 0.02% increase since the beginning of the trading day. The index's open price was 8813.17. With this module, you can estimate the performance of a buy and hold strategy of SET Total Return and determine expected loss or profit from investing in SET Total over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any index could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Symbol
SET
SET Total '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 SET Total's index 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 SET Total.
0.00
12/14/2024
No Change 0.00
0.0
In 2 months and 31 days
03/14/2025
0.00
If you would invest 0.00 in SET Total on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding SET Total Return or generate 0.0% return on investment in SET Total over 90 days.
SET Total 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 SET Total's index 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 SET Total Return upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for SET Total's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SET Total's standard deviation. In reality, there are many statistical measures that can use SET Total historical prices to predict the future SET Total's volatility.
SET Total Return owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.28, which indicates the index had a -0.28 % return per unit of standard deviation over the last 3 months. SET Total Return exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and SET Total are completely uncorrelated.
Auto-correlation
0.84
Very good predictability
SET Total Return has very good predictability. Overlapping area represents the amount of predictability between SET Total time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th 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 SET Total Return price movement. The serial correlation of 0.84 indicates that around 84.0% of current SET Total price fluctuation can be explain by its past prices.
Correlation Coefficient
0.84
Spearman Rank Test
0.82
Residual Average
0.0
Price Variance
116.7 K
SET Total Return lagged returns against current returns
Autocorrelation, which is SET Total index'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 SET Total's index expected returns. We can calculate the autocorrelation of SET Total returns to help us make a trade decision. For example, suppose you find that SET Total has exhibited high autocorrelation historically, and you observe that the index 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
SET Total 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 SET Total index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SET Total index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SET Total index over time.
Current vs Lagged Prices
Timeline
SET Total Lagged Returns
When evaluating SET Total's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SET Total index have on its future price. SET Total 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, SET Total autocorrelation shows the relationship between SET Total index current value and its past values and can show if there is a momentum factor associated with investing in SET Total Return.
Regressed Prices
Timeline
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.