Saha Pathanapibul (Thailand) Market Value
| SPC Stock | THB 59.00 0.50 0.85% |
| Symbol | Saha |
Saha Pathanapibul '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 Saha Pathanapibul'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 Saha Pathanapibul.
| 01/07/2024 |
| 12/02/2024 |
If you would invest 0.00 in Saha Pathanapibul on January 7, 2024 and sell it all today you would earn a total of 0.00 from holding Saha Pathanapibul Public or generate 0.0% return on investment in Saha Pathanapibul over 330 days. Saha Pathanapibul is related to or competes with Saha Pathana, Berli Jucker, Quality Houses, President Bakery, and Thai Vegetable. Saha Pathanapibul Public Company Limited, together with its subsidiaries, distributes consumer goods in Thailand and int... More
Saha Pathanapibul 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 Saha Pathanapibul'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 Saha Pathanapibul Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 2.92 | |||
| Value At Risk | (0.87) | |||
| Potential Upside | 0.8636 |
Saha Pathanapibul Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Saha Pathanapibul's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Saha Pathanapibul's standard deviation. In reality, there are many statistical measures that can use Saha Pathanapibul historical prices to predict the future Saha Pathanapibul's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | 0.9819 |
Saha Pathanapibul Public Backtested Returns
Saha Pathanapibul Public owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0385, which indicates the firm had a -0.0385% return per unit of risk over the last 3 months. Saha Pathanapibul Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Saha Pathanapibul's Variance of 0.3655, risk adjusted performance of (0.03), and Coefficient Of Variation of (2,596) to confirm the risk estimate we provide. The entity has a beta of -0.0339, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Saha Pathanapibul are expected to decrease at a much lower rate. During the bear market, Saha Pathanapibul is likely to outperform the market. At this point, Saha Pathanapibul Public has a negative expected return of -0.0233%. Please make sure to validate Saha Pathanapibul's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Saha Pathanapibul Public performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.61 |
Very good reverse predictability
Saha Pathanapibul Public has very good reverse predictability. Overlapping area represents the amount of predictability between Saha Pathanapibul time series from 7th of January 2024 to 20th of June 2024 and 20th of June 2024 to 2nd 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 Saha Pathanapibul Public price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Saha Pathanapibul price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.88 |
Saha Pathanapibul Public lagged returns against current returns
Autocorrelation, which is Saha Pathanapibul 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 Saha Pathanapibul's stock expected returns. We can calculate the autocorrelation of Saha Pathanapibul returns to help us make a trade decision. For example, suppose you find that Saha Pathanapibul 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 |
Saha Pathanapibul 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 Saha Pathanapibul stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Saha Pathanapibul stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Saha Pathanapibul stock over time.
Current vs Lagged Prices |
| Timeline |
Saha Pathanapibul Lagged Returns
When evaluating Saha Pathanapibul's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Saha Pathanapibul stock have on its future price. Saha Pathanapibul 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, Saha Pathanapibul autocorrelation shows the relationship between Saha Pathanapibul stock current value and its past values and can show if there is a momentum factor associated with investing in Saha Pathanapibul Public.
Regressed Prices |
| Timeline |
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Saha Pathanapibul financial ratios help investors to determine whether Saha 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 Saha with respect to the benefits of owning Saha Pathanapibul security.