WHA Utilities (Thailand) Market Value

WHAUP Stock  THB 4.80  0.02  0.42%   
WHA Utilities' market value is the price at which a share of WHA Utilities trades on a public exchange. It measures the collective expectations of WHA Utilities and investors about its performance. WHA Utilities is trading at 4.80 as of the 23rd of December 2024, a 0.42 percent increase since the beginning of the trading day. The stock's open price was 4.78.
With this module, you can estimate the performance of a buy and hold strategy of WHA Utilities and and determine expected loss or profit from investing in WHA Utilities over a given investment horizon. Check out WHA Utilities Correlation, WHA Utilities Volatility and WHA Utilities Alpha and Beta module to complement your research on WHA Utilities.
Symbol

Please note, there is a significant difference between WHA Utilities' value and its price as these two are different measures arrived at by different means. Investors typically determine if WHA Utilities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WHA Utilities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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' 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.
0.00
11/23/2024
No Change 0.00  0.0 
In 30 days
12/23/2024
0.00
If you would invest  0.00  in WHA Utilities on November 23, 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 30 days. WHA Utilities is related to or competes with Ratch Group, Gulf Energy, BTS Group, and PTG Energy. 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' 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.

WHA Utilities Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for WHA Utilities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WHA Utilities' standard deviation. In reality, there are many statistical measures that can use WHA Utilities historical prices to predict the future WHA Utilities' volatility.
Hype
Prediction
LowEstimatedHigh
2.614.806.99
Details
Intrinsic
Valuation
LowRealHigh
2.694.887.07
Details

WHA Utilities Backtested Returns

At this point, WHA Utilities is slightly risky. WHA Utilities retains Efficiency (Sharpe Ratio) of 0.0425, which attests that the company had a 0.0425% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for WHA Utilities, which you can use to evaluate the volatility of the company. Please check out WHA Utilities' Market Risk Adjusted Performance of 0.4737, standard deviation of 2.18, and Mean Deviation of 1.45 to validate if the risk estimate we provide is consistent with the expected return of 0.0931%. WHA Utilities has a performance score of 3 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, WHA Utilities' returns are expected to increase less than the market. However, during the bear market, the loss of holding WHA Utilities is expected to be smaller as well. WHA Utilities now owns a risk of 2.19%. Please check out WHA Utilities and value at risk, and the relationship between the jensen alpha and skewness , to decide if WHA Utilities and will be following its current price history.

Auto-correlation

    
  -0.05  

Very weak reverse predictability

WHA Utilities and has very weak reverse predictability. Overlapping area represents the amount of predictability between WHA Utilities time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd 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 price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current WHA Utilities price fluctuation can be explain by its past prices.
Correlation Coefficient-0.05
Spearman Rank Test-0.67
Residual Average0.0
Price Variance0.0

WHA Utilities 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' 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' 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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Other Information on Investing in WHA Stock

WHA Utilities financial ratios help investors to determine whether WHA 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 WHA with respect to the benefits of owning WHA Utilities security.