Thaifoods Group (Thailand) Market Value
| TFG Stock | THB 4.38 0.06 1.39% |
| Symbol | Thaifoods |
Thaifoods 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 Thaifoods 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 Thaifoods Group.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Thaifoods Group on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Thaifoods Group Public or generate 0.0% return on investment in Thaifoods Group over 90 days. Thaifoods Group is related to or competes with GFPT Public, Thai Union, Taokaenoi Food, Com7 PCL, and Ichitan Group. Thaifoods Group Public Company Limited, together with its subsidiaries, produces chicken primarily in Thailand More
Thaifoods 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 Thaifoods 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 Thaifoods Group Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.09 | |||
| Information Ratio | 0.201 | |||
| Maximum Drawdown | 13.01 | |||
| Value At Risk | (2.92) | |||
| Potential Upside | 3.9 |
Thaifoods Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thaifoods Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thaifoods Group's standard deviation. In reality, there are many statistical measures that can use Thaifoods Group historical prices to predict the future Thaifoods Group's volatility.| Risk Adjusted Performance | 0.148 | |||
| Jensen Alpha | 0.4334 | |||
| Total Risk Alpha | 0.7272 | |||
| Sortino Ratio | 0.246 | |||
| Treynor Ratio | 1.63 |
Thaifoods Group Public Backtested Returns
Thaifoods Group appears to be slightly risky, given 3 months investment horizon. Thaifoods Group Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Thaifoods Group Public, which you can use to evaluate the volatility of the company. Please review Thaifoods Group's Coefficient Of Variation of 615.82, risk adjusted performance of 0.148, and Semi Deviation of 1.69 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Thaifoods Group holds a performance score of 13. The entity has a beta of 0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Thaifoods Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thaifoods Group is expected to be smaller as well. Please check Thaifoods Group's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Thaifoods Group's existing price patterns will revert.
Auto-correlation | -0.68 |
Very good reverse predictability
Thaifoods Group Public has very good reverse predictability. Overlapping area represents the amount of predictability between Thaifoods Group time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Thaifoods Group Public price movement. The serial correlation of -0.68 indicates that around 68.0% of current Thaifoods Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Thaifoods Group Public lagged returns against current returns
Autocorrelation, which is Thaifoods 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 Thaifoods Group's stock expected returns. We can calculate the autocorrelation of Thaifoods Group returns to help us make a trade decision. For example, suppose you find that Thaifoods 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 |
Thaifoods 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 Thaifoods Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thaifoods Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Thaifoods Group stock over time.
Current vs Lagged Prices |
| Timeline |
Thaifoods Group Lagged Returns
When evaluating Thaifoods Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thaifoods Group stock have on its future price. Thaifoods 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, Thaifoods Group autocorrelation shows the relationship between Thaifoods Group stock current value and its past values and can show if there is a momentum factor associated with investing in Thaifoods Group 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 Thaifoods Stock
Thaifoods Group financial ratios help investors to determine whether Thaifoods 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 Thaifoods with respect to the benefits of owning Thaifoods Group security.