Sriracha Construction (Thailand) Market Value
| SRICHA Stock | THB 3.22 0.26 7.47% |
| Symbol | Sriracha |
Sriracha Construction '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 Sriracha Construction'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 Sriracha Construction.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in Sriracha Construction on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Sriracha Construction Public or generate 0.0% return on investment in Sriracha Construction over 30 days. Sriracha Construction is related to or competes with Sri Trang, STPI Public, Syntec Construction, and Tipco Foods. Sriracha Construction Public Company Limited engages in construction and maintenance service businesses in Thailand and ... More
Sriracha Construction 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 Sriracha Construction'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 Sriracha Construction Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 16.61 | |||
| Value At Risk | (4.03) | |||
| Potential Upside | 2.74 |
Sriracha Construction Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sriracha Construction's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sriracha Construction's standard deviation. In reality, there are many statistical measures that can use Sriracha Construction historical prices to predict the future Sriracha Construction's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.68) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | 0.9011 |
Sriracha Construction Backtested Returns
Sriracha Construction owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.25, which indicates the firm had a -0.25 % return per unit of risk over the last 3 months. Sriracha Construction Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sriracha Construction's Variance of 6.75, risk adjusted performance of (0.18), and Coefficient Of Variation of (395.44) to confirm the risk estimate we provide. The entity has a beta of -0.74, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sriracha Construction are expected to decrease at a much lower rate. During the bear market, Sriracha Construction is likely to outperform the market. At this point, Sriracha Construction has a negative expected return of -0.65%. Please make sure to validate Sriracha Construction's accumulation distribution, and the relationship between the value at risk and day typical price , to decide if Sriracha Construction performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.89 |
Very good predictability
Sriracha Construction Public has very good predictability. Overlapping area represents the amount of predictability between Sriracha Construction time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd 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 Sriracha Construction price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current Sriracha Construction price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Sriracha Construction lagged returns against current returns
Autocorrelation, which is Sriracha Construction 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 Sriracha Construction's stock expected returns. We can calculate the autocorrelation of Sriracha Construction returns to help us make a trade decision. For example, suppose you find that Sriracha Construction 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 |
Sriracha Construction 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 Sriracha Construction stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sriracha Construction stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sriracha Construction stock over time.
Current vs Lagged Prices |
| Timeline |
Sriracha Construction Lagged Returns
When evaluating Sriracha Construction's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sriracha Construction stock have on its future price. Sriracha Construction 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, Sriracha Construction autocorrelation shows the relationship between Sriracha Construction stock current value and its past values and can show if there is a momentum factor associated with investing in Sriracha Construction Public.
Regressed Prices |
| Timeline |
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Sriracha Construction financial ratios help investors to determine whether Sriracha 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 Sriracha with respect to the benefits of owning Sriracha Construction security.