SP Syndicate (Thailand) Market Value
| SNP Stock | THB 10.40 0.10 0.95% |
| Symbol | SNP |
SP Syndicate '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 SP Syndicate'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 SP Syndicate.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in SP Syndicate on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding SP Syndicate Public or generate 0.0% return on investment in SP Syndicate over 30 days. SP Syndicate is related to or competes with Thai Vegetable, President Bakery, MK Restaurant, Thaitheparos Public, and Sermsuk Public. SP Syndicate Public Company Limited, together with its subsidiaries, operates a chain of restaurants and bakery shops in... More
SP Syndicate 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 SP Syndicate'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 SP Syndicate Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.36) | |||
| Maximum Drawdown | 6.87 | |||
| Value At Risk | (2.54) | |||
| Potential Upside | 1.56 |
SP Syndicate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SP Syndicate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SP Syndicate's standard deviation. In reality, there are many statistical measures that can use SP Syndicate historical prices to predict the future SP Syndicate's volatility.| Risk Adjusted Performance | (0.20) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (1.90) |
SP Syndicate Public Backtested Returns
SP Syndicate Public retains Efficiency (Sharpe Ratio) of -0.29, which indicates the firm had a -0.29% return per unit of price deviation over the last 3 months. SP Syndicate exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SP Syndicate's Standard Deviation of 1.29, mean deviation of 0.9913, and Risk Adjusted Performance of (0.20) to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SP Syndicate's returns are expected to increase less than the market. However, during the bear market, the loss of holding SP Syndicate is expected to be smaller as well. At this point, SP Syndicate Public has a negative expected return of -0.36%. Please make sure to validate SP Syndicate's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if SP Syndicate Public performance from the past will be repeated at some future date.
Auto-correlation | 0.88 |
Very good predictability
SP Syndicate Public has very good predictability. Overlapping area represents the amount of predictability between SP Syndicate time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 SP Syndicate Public price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current SP Syndicate price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
SP Syndicate Public lagged returns against current returns
Autocorrelation, which is SP Syndicate 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 SP Syndicate's stock expected returns. We can calculate the autocorrelation of SP Syndicate returns to help us make a trade decision. For example, suppose you find that SP Syndicate 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 |
SP Syndicate 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 SP Syndicate stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SP Syndicate stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SP Syndicate stock over time.
Current vs Lagged Prices |
| Timeline |
SP Syndicate Lagged Returns
When evaluating SP Syndicate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SP Syndicate stock have on its future price. SP Syndicate 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, SP Syndicate autocorrelation shows the relationship between SP Syndicate stock current value and its past values and can show if there is a momentum factor associated with investing in SP Syndicate Public.
Regressed Prices |
| Timeline |
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SP Syndicate financial ratios help investors to determine whether SNP 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 SNP with respect to the benefits of owning SP Syndicate security.