3BB INTERNET (Thailand) Market Value
| 3BBIF Stock | 5.55 0.05 0.89% |
| Symbol | 3BB |
3BB INTERNET '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 3BB INTERNET'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 3BB INTERNET.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in 3BB INTERNET on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding 3BB INTERNET INFRASTRUCTURE or generate 0.0% return on investment in 3BB INTERNET over 300 days.
3BB INTERNET 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 3BB INTERNET'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 3BB INTERNET INFRASTRUCTURE upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.59 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 12.11 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 1.9 |
3BB INTERNET Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 3BB INTERNET's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 3BB INTERNET's standard deviation. In reality, there are many statistical measures that can use 3BB INTERNET historical prices to predict the future 3BB INTERNET's volatility.| Risk Adjusted Performance | 0.0566 | |||
| Jensen Alpha | 0.112 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (1.67) |
3BB INTERNET INFRAST Backtested Returns
At this point, 3BB INTERNET is somewhat reliable. 3BB INTERNET INFRAST retains Efficiency (Sharpe Ratio) of 0.0668, which signifies that the company had a 0.0668% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for 3BB INTERNET, which you can use to evaluate the volatility of the entity. Please confirm 3BB INTERNET's Market Risk Adjusted Performance of (1.66), standard deviation of 1.72, and Coefficient Of Variation of 1497.7 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. 3BB INTERNET has a performance score of 5 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -0.0628, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 3BB INTERNET are expected to decrease at a much lower rate. During the bear market, 3BB INTERNET is likely to outperform the market. 3BB INTERNET INFRAST today owns a risk of 1.72%. Please confirm 3BB INTERNET INFRASTRUCTURE jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to decide if 3BB INTERNET INFRASTRUCTURE will be following its current price history.
Auto-correlation | -0.42 |
Modest reverse predictability
3BB INTERNET INFRASTRUCTURE has modest reverse predictability. Overlapping area represents the amount of predictability between 3BB INTERNET time series from 31st of January 2024 to 29th of June 2024 and 29th of June 2024 to 26th of November 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 3BB INTERNET INFRAST price movement. The serial correlation of -0.42 indicates that just about 42.0% of current 3BB INTERNET price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
3BB INTERNET INFRAST lagged returns against current returns
Autocorrelation, which is 3BB INTERNET 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 3BB INTERNET's stock expected returns. We can calculate the autocorrelation of 3BB INTERNET returns to help us make a trade decision. For example, suppose you find that 3BB INTERNET 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 |
3BB INTERNET 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 3BB INTERNET stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 3BB INTERNET stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 3BB INTERNET stock over time.
Current vs Lagged Prices |
| Timeline |
3BB INTERNET Lagged Returns
When evaluating 3BB INTERNET's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 3BB INTERNET stock have on its future price. 3BB INTERNET 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, 3BB INTERNET autocorrelation shows the relationship between 3BB INTERNET stock current value and its past values and can show if there is a momentum factor associated with investing in 3BB INTERNET INFRASTRUCTURE.
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 Architect