SiS Distribution (Thailand) Market Value
| SIS Stock | THB 25.00 0.50 1.96% |
| Symbol | SiS |
SiS Distribution '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 SiS Distribution'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 SiS Distribution.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in SiS Distribution on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding SiS Distribution Public or generate 0.0% return on investment in SiS Distribution over 30 days. SiS Distribution is related to or competes with Synnex Public, Hana Microelectronics, Singer Thailand, Jay Mart, and SNC Former. SiS Distribution Public Company Limited, together with its subsidiaries, distributes computer components, smartphones, a... More
SiS Distribution 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 SiS Distribution'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 SiS Distribution Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 20.53 | |||
| Value At Risk | (3.39) | |||
| Potential Upside | 5.66 |
SiS Distribution Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SiS Distribution's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SiS Distribution's standard deviation. In reality, there are many statistical measures that can use SiS Distribution historical prices to predict the future SiS Distribution's volatility.| Risk Adjusted Performance | 0.0016 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 0.6612 |
SiS Distribution Public Backtested Returns
SiS Distribution Public owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0037, which indicates the firm had a -0.0037% return per unit of standard deviation over the last 3 months. SiS Distribution Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SiS Distribution's variance of 10.71, and Risk Adjusted Performance of 0.0016 to confirm the risk estimate we provide. The entity has a beta of -0.0496, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SiS Distribution are expected to decrease at a much lower rate. During the bear market, SiS Distribution is likely to outperform the market. At this point, SiS Distribution Public has a negative expected return of -0.0123%. Please make sure to validate SiS Distribution's potential upside, kurtosis, daily balance of power, as well as the relationship between the skewness and accumulation distribution , to decide if SiS Distribution Public performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.48 |
Average predictability
SiS Distribution Public has average predictability. Overlapping area represents the amount of predictability between SiS Distribution time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 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 SiS Distribution Public price movement. The serial correlation of 0.48 indicates that about 48.0% of current SiS Distribution price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 1.06 |
SiS Distribution Public lagged returns against current returns
Autocorrelation, which is SiS Distribution 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 SiS Distribution's stock expected returns. We can calculate the autocorrelation of SiS Distribution returns to help us make a trade decision. For example, suppose you find that SiS Distribution 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 |
SiS Distribution 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 SiS Distribution stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SiS Distribution stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SiS Distribution stock over time.
Current vs Lagged Prices |
| Timeline |
SiS Distribution Lagged Returns
When evaluating SiS Distribution's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SiS Distribution stock have on its future price. SiS Distribution 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, SiS Distribution autocorrelation shows the relationship between SiS Distribution stock current value and its past values and can show if there is a momentum factor associated with investing in SiS Distribution Public.
Regressed Prices |
| Timeline |
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SiS Distribution financial ratios help investors to determine whether SiS 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 SiS with respect to the benefits of owning SiS Distribution security.