ASIA Capital (Thailand) Market Value

Symbol

ASIA

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 ASIA Capital'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 ASIA Capital.

ASIA Capital Upside/Downside Indicators

ASIA Capital Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for ASIA Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ASIA Capital's standard deviation. In reality, there are many statistical measures that can use ASIA Capital historical prices to predict the future ASIA Capital's volatility.

Autocorrelation, which is ASIA Capital 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 ASIA Capital's stock expected returns. We can calculate the autocorrelation of ASIA Capital returns to help us make a trade decision. For example, suppose you find that ASIA Capital 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.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ASIA Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ASIA Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ASIA Capital stock over time.

When evaluating ASIA Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ASIA Capital stock have on its future price. ASIA Capital 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, ASIA Capital autocorrelation shows the relationship between ASIA Capital stock current value and its past values and can show if there is a momentum factor associated with investing in ASIA Capital Group.

ASIA Capital financial ratios help investors to determine whether ASIA 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 ASIA with respect to the benefits of owning ASIA Capital security.