Saha Union (Thailand) Market Value
| SUC Stock | THB 31.50 0.25 0.79% |
| Symbol | Saha |
Saha Union '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 Union'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 Union.
| 02/14/2025 |
| 03/16/2025 |
If you would invest 0.00 in Saha Union on February 14, 2025 and sell it all today you would earn a total of 0.00 from holding Saha Union Public or generate 0.0% return on investment in Saha Union over 30 days. Saha Union is related to or competes with KGI Securities, Krungthai Card, Kang Yong, and Asia Plus. Saha-Union Public Company Limited, together with its subsidiaries, invests in textiles, plastic, rubber and metal, tradi... More
Saha Union 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 Union'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 Union Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.22 | |||
| Information Ratio | 0.1203 | |||
| Maximum Drawdown | 4.07 | |||
| Value At Risk | (0.81) | |||
| Potential Upside | 0.8403 |
Saha Union Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Saha Union's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Saha Union's standard deviation. In reality, there are many statistical measures that can use Saha Union historical prices to predict the future Saha Union's volatility.| Risk Adjusted Performance | 0.0035 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | 0.1005 | |||
| Sortino Ratio | 0.084 | |||
| Treynor Ratio | (0.15) |
Saha Union Public Backtested Returns
As of now, Saha Stock is very steady. Saha Union Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0189, which indicates the firm had a 0.0189 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Saha Union Public, which you can use to evaluate the volatility of the company. Please validate Saha Union's Semi Deviation of 0.7407, risk adjusted performance of 0.0035, and Coefficient Of Variation of 23735.05 to confirm if the risk estimate we provide is consistent with the expected return of 0.0164%. Saha Union has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.0428, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Saha Union's returns are expected to increase less than the market. However, during the bear market, the loss of holding Saha Union is expected to be smaller as well. Saha Union Public right now has a risk of 0.87%. Please validate Saha Union jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if Saha Union will be following its existing price patterns.
Auto-correlation | -0.29 |
Weak reverse predictability
Saha Union Public has weak reverse predictability. Overlapping area represents the amount of predictability between Saha Union time series from 14th of February 2025 to 1st of March 2025 and 1st of March 2025 to 16th 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 Saha Union Public price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Saha Union price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Saha Union Public lagged returns against current returns
Autocorrelation, which is Saha Union 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 Union's stock expected returns. We can calculate the autocorrelation of Saha Union returns to help us make a trade decision. For example, suppose you find that Saha Union 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 Union 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 Union stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Saha Union stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Saha Union stock over time.
Current vs Lagged Prices |
| Timeline |
Saha Union Lagged Returns
When evaluating Saha Union's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Saha Union stock have on its future price. Saha Union 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 Union autocorrelation shows the relationship between Saha Union stock current value and its past values and can show if there is a momentum factor associated with investing in Saha Union Public.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Saha Stock
Saha Union 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 Union security.