UOB Kay (Thailand) Market Value
| UOBKH Stock | THB 5.30 0.05 0.93% |
| Symbol | UOB |
UOB Kay '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 UOB Kay'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 UOB Kay.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in UOB Kay on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding UOB Kay Hian or generate 0.0% return on investment in UOB Kay over 720 days. UOB Kay is related to or competes with Kasikornbank Public, PTT Public, and Siam Cement. UOB Kay Hian Securities Public Company Limited engages in the securities brokerage, dealing, and derivatives business in... More
UOB Kay 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 UOB Kay'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 UOB Kay Hian upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.21 | |||
| Information Ratio | 0.0356 | |||
| Maximum Drawdown | 11.66 | |||
| Value At Risk | (4.44) | |||
| Potential Upside | 4.95 |
UOB Kay Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UOB Kay's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UOB Kay's standard deviation. In reality, there are many statistical measures that can use UOB Kay historical prices to predict the future UOB Kay's volatility.| Risk Adjusted Performance | 0.0458 | |||
| Jensen Alpha | 0.1071 | |||
| Total Risk Alpha | 0.0398 | |||
| Sortino Ratio | 0.0257 | |||
| Treynor Ratio | (0.94) |
UOB Kay Hian Backtested Returns
At this point, UOB Kay is slightly risky. UOB Kay Hian retains Efficiency (Sharpe Ratio) of 0.0111, which indicates the firm had a 0.0111% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for UOB Kay, which you can use to evaluate the volatility of the company. Please validate UOB Kay's risk adjusted performance of 0.0458, and Downside Deviation of 3.21 to confirm if the risk estimate we provide is consistent with the expected return of 0.0253%. The entity owns a Beta (Systematic Risk) of -0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning UOB Kay are expected to decrease at a much lower rate. During the bear market, UOB Kay is likely to outperform the market. UOB Kay Hian currently owns a risk of 2.27%. Please validate UOB Kay Hian downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if UOB Kay Hian will be following its current price history.
Auto-correlation | -0.26 |
Weak reverse predictability
UOB Kay Hian has weak reverse predictability. Overlapping area represents the amount of predictability between UOB Kay time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 UOB Kay Hian price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current UOB Kay price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
UOB Kay Hian lagged returns against current returns
Autocorrelation, which is UOB Kay 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 UOB Kay's stock expected returns. We can calculate the autocorrelation of UOB Kay returns to help us make a trade decision. For example, suppose you find that UOB Kay 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 |
UOB Kay 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 UOB Kay stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UOB Kay stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UOB Kay stock over time.
Current vs Lagged Prices |
| Timeline |
UOB Kay Lagged Returns
When evaluating UOB Kay's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UOB Kay stock have on its future price. UOB Kay 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, UOB Kay autocorrelation shows the relationship between UOB Kay stock current value and its past values and can show if there is a momentum factor associated with investing in UOB Kay Hian.
Regressed Prices |
| Timeline |
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UOB Kay financial ratios help investors to determine whether UOB 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 UOB with respect to the benefits of owning UOB Kay security.