Starflex Public (Thailand) Market Value
| SFLEX Stock | 2.96 0.08 2.63% |
| Symbol | Starflex |
Starflex Public '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 Starflex Public'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 Starflex Public.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Starflex Public on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Starflex Public or generate 0.0% return on investment in Starflex Public over 90 days.
Starflex Public 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 Starflex Public'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 Starflex Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.39 | |||
| Information Ratio | 0.0616 | |||
| Maximum Drawdown | 10.58 | |||
| Value At Risk | (4.27) | |||
| Potential Upside | 5.28 |
Starflex Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Starflex Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Starflex Public's standard deviation. In reality, there are many statistical measures that can use Starflex Public historical prices to predict the future Starflex Public's volatility.| Risk Adjusted Performance | 0.0318 | |||
| Jensen Alpha | 0.0705 | |||
| Total Risk Alpha | 0.3178 | |||
| Sortino Ratio | 0.0638 | |||
| Treynor Ratio | 0.6232 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Starflex Public's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Starflex Public Backtested Returns
Starflex Public appears to be unstable, given 3 months investment horizon. Starflex Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0798, which indicates the firm had a 0.0798 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Starflex Public, which you can use to evaluate the volatility of the company. Please review Starflex Public's Coefficient Of Variation of 3458.71, risk adjusted performance of 0.0318, and Semi Deviation of 2.08 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Starflex Public holds a performance score of 6. The entity has a beta of 0.0988, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Starflex Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding Starflex Public is expected to be smaller as well. Please check Starflex Public's downside variance, and the relationship between the total risk alpha and daily balance of power , to make a quick decision on whether Starflex Public's existing price patterns will revert.
Auto-correlation | 0.07 |
Virtually no predictability
Starflex Public has virtually no predictability. Overlapping area represents the amount of predictability between Starflex Public time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 Starflex Public price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Starflex Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Starflex Public lagged returns against current returns
Autocorrelation, which is Starflex Public 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 Starflex Public's stock expected returns. We can calculate the autocorrelation of Starflex Public returns to help us make a trade decision. For example, suppose you find that Starflex Public 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 |
Starflex Public 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 Starflex Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Starflex Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Starflex Public stock over time.
Current vs Lagged Prices |
| Timeline |
Starflex Public Lagged Returns
When evaluating Starflex Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Starflex Public stock have on its future price. Starflex Public 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, Starflex Public autocorrelation shows the relationship between Starflex Public stock current value and its past values and can show if there is a momentum factor associated with investing in Starflex Public.
Regressed Prices |
| Timeline |
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