Takuni Group (Thailand) Market Value
| TAKUNI Stock | THB 0.43 0.04 8.51% |
| Symbol | Takuni |
Takuni Group '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 Takuni Group'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 Takuni Group.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Takuni Group on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Takuni Group Public or generate 0.0% return on investment in Takuni Group over 90 days. Takuni Group is related to or competes with Sea Oil, SVOA Public, TV Thunder, Eureka Design, and SVI Public. Takuni Group Public Company Limited, together with its subsidiaries, provides construction services in Thailand More
Takuni Group 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 Takuni Group'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 Takuni Group Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 42.96 | |||
| Value At Risk | (8.51) | |||
| Potential Upside | 12.0 |
Takuni Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Takuni Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Takuni Group's standard deviation. In reality, there are many statistical measures that can use Takuni Group historical prices to predict the future Takuni Group's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | 0.5081 | |||
| Treynor Ratio | (0.15) |
Takuni Group Public Backtested Returns
Takuni Group Public owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0443, which indicates the firm had a -0.0443 % return per unit of risk over the last 3 months. Takuni Group Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Takuni Group's Risk Adjusted Performance of (0.04), variance of 54.94, and Coefficient Of Variation of (1,807) to confirm the risk estimate we provide. The entity has a beta of 2.86, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Takuni Group will likely underperform. At this point, Takuni Group Public has a negative expected return of -0.34%. Please make sure to validate Takuni Group's skewness, as well as the relationship between the day median price and relative strength index , to decide if Takuni Group Public performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.34 |
Below average predictability
Takuni Group Public has below average predictability. Overlapping area represents the amount of predictability between Takuni Group time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Takuni Group Public price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Takuni Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Takuni Group Public lagged returns against current returns
Autocorrelation, which is Takuni Group 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 Takuni Group's stock expected returns. We can calculate the autocorrelation of Takuni Group returns to help us make a trade decision. For example, suppose you find that Takuni Group 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 |
Takuni Group 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 Takuni Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Takuni Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Takuni Group stock over time.
Current vs Lagged Prices |
| Timeline |
Takuni Group Lagged Returns
When evaluating Takuni Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Takuni Group stock have on its future price. Takuni Group 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, Takuni Group autocorrelation shows the relationship between Takuni Group stock current value and its past values and can show if there is a momentum factor associated with investing in Takuni Group Public.
Regressed Prices |
| Timeline |
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Takuni Group financial ratios help investors to determine whether Takuni 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 Takuni with respect to the benefits of owning Takuni Group security.