Asset Five (Thailand) Market Value
| A5 Stock | 2.72 0.04 1.49% |
| Symbol | Asset |
Asset Five '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 Asset Five'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 Asset Five.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Asset Five on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Asset Five Group or generate 0.0% return on investment in Asset Five over 30 days. Asset Five is related to or competes with Frasers Property, PINTHONG INDUSTRIAL, and Arinsiri Land. More
Asset Five 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 Asset Five'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 Asset Five Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 14.03 | |||
| Value At Risk | (3.60) | |||
| Potential Upside | 3.05 |
Asset Five Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asset Five's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Asset Five's standard deviation. In reality, there are many statistical measures that can use Asset Five historical prices to predict the future Asset Five's volatility.| Risk Adjusted Performance | 0.0048 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.27) |
Asset Five Group Backtested Returns
Asset Five is out of control given 3 months investment horizon. Asset Five Group secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have analyzed twenty-four different technical indicators, which can help you to evaluate if expected returns of 14.07% are justified by taking the suggested risk. Use Asset Five Mean Deviation of 1.12, standard deviation of 1.94, and Risk Adjusted Performance of 0.0048 to evaluate company specific risk that cannot be diversified away. Asset Five holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.0491, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Asset Five's returns are expected to increase less than the market. However, during the bear market, the loss of holding Asset Five is expected to be smaller as well. Use Asset Five maximum drawdown, kurtosis, day median price, as well as the relationship between the potential upside and daily balance of power , to analyze future returns on Asset Five.
Auto-correlation | -0.28 |
Weak reverse predictability
Asset Five Group has weak reverse predictability. Overlapping area represents the amount of predictability between Asset Five time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Asset Five Group price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Asset Five price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Asset Five Group lagged returns against current returns
Autocorrelation, which is Asset Five 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 Asset Five's stock expected returns. We can calculate the autocorrelation of Asset Five returns to help us make a trade decision. For example, suppose you find that Asset Five 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 |
Asset Five 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 Asset Five stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Asset Five stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Asset Five stock over time.
Current vs Lagged Prices |
| Timeline |
Asset Five Lagged Returns
When evaluating Asset Five's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Asset Five stock have on its future price. Asset Five 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, Asset Five autocorrelation shows the relationship between Asset Five stock current value and its past values and can show if there is a momentum factor associated with investing in Asset Five Group.
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 Asset Stock
Asset Five financial ratios help investors to determine whether Asset 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 Asset with respect to the benefits of owning Asset Five security.