WHA UTILITIES (Thailand) Market Value
| WHAUP-R Stock | THB 4.80 1.24 34.83% |
| Symbol | WHA |
WHA UTILITIES '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 WHA UTILITIES'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 WHA UTILITIES.
| 06/25/2024 |
| 12/22/2024 |
If you would invest 0.00 in WHA UTILITIES on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding WHA UTILITIES AND or generate 0.0% return on investment in WHA UTILITIES over 180 days. WHA UTILITIES is related to or competes with WHA Utilities, VGI Public, WHA Public, Erawan, Autocorp Holding, Ditto Public, and Eastern Technical. WHA Utilities and Power Public Company Limited provides integrated utilities products and services in Thailand and inter... More
WHA UTILITIES 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 WHA UTILITIES'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 WHA UTILITIES AND upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1216 | |||
| Maximum Drawdown | 1.71 |
WHA UTILITIES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WHA UTILITIES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WHA UTILITIES's standard deviation. In reality, there are many statistical measures that can use WHA UTILITIES historical prices to predict the future WHA UTILITIES's volatility.| Risk Adjusted Performance | 0.1104 | |||
| Jensen Alpha | 0.5212 | |||
| Total Risk Alpha | 0.4236 | |||
| Treynor Ratio | 0.5351 |
WHA UTILITIES AND Backtested Returns
WHA UTILITIES appears to be relatively risky, given 3 months investment horizon. WHA UTILITIES AND retains Efficiency (Sharpe Ratio) of 0.13, which attests that the company had a 0.13% return per unit of volatility over the last 3 months. By reviewing WHA UTILITIES's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please utilize WHA UTILITIES's Market Risk Adjusted Performance of 0.5451, information ratio of 0.1216, and Mean Deviation of 1.07 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, WHA UTILITIES holds a performance score of 10. The firm owns a Beta (Systematic Risk) of 1.02, which attests to a somewhat significant risk relative to the market. WHA UTILITIES returns are very sensitive to returns on the market. As the market goes up or down, WHA UTILITIES is expected to follow. Please check WHA UTILITIES's jensen alpha, as well as the relationship between the daily balance of power and price action indicator , to make a quick decision on whether WHA UTILITIES's current price history will revert.
Auto-correlation | Huge |
Perfect predictability
WHA UTILITIES AND has perfect predictability. Overlapping area represents the amount of predictability between WHA UTILITIES time series from 25th of June 2024 to 23rd of September 2024 and 23rd of September 2024 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 WHA UTILITIES AND price movement. The serial correlation of 9.223372036854776E16 indicates that 9.223372036854776E16% of current WHA UTILITIES price fluctuation can be explain by its past prices.
| Correlation Coefficient | 92233.7 T | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
WHA UTILITIES AND lagged returns against current returns
Autocorrelation, which is WHA UTILITIES 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 WHA UTILITIES's stock expected returns. We can calculate the autocorrelation of WHA UTILITIES returns to help us make a trade decision. For example, suppose you find that WHA UTILITIES 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 |
WHA UTILITIES 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 WHA UTILITIES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WHA UTILITIES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WHA UTILITIES stock over time.
Current vs Lagged Prices |
| Timeline |
WHA UTILITIES Lagged Returns
When evaluating WHA UTILITIES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WHA UTILITIES stock have on its future price. WHA UTILITIES 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, WHA UTILITIES autocorrelation shows the relationship between WHA UTILITIES stock current value and its past values and can show if there is a momentum factor associated with investing in WHA UTILITIES AND.
Regressed Prices |
| Timeline |
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When running WHA UTILITIES's price analysis, check to measure WHA UTILITIES's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WHA UTILITIES is operating at the current time. Most of WHA UTILITIES's value examination focuses on studying past and present price action to predict the probability of WHA UTILITIES's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WHA UTILITIES's price. Additionally, you may evaluate how the addition of WHA UTILITIES to your portfolios can decrease your overall portfolio volatility.