Advanced Info (Thailand) Market Value
| ADVANC Stock | THB 288.00 1.00 0.35% |
| Symbol | Advanced |
Advanced Info '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 Advanced Info'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 Advanced Info.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Advanced Info on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Advanced Info Service or generate 0.0% return on investment in Advanced Info over 720 days. Advanced Info is related to or competes with PTT Public, CP ALL, Kasikornbank Public, Bangkok Bank, and Airports. Advanced Info Service Public Company Limited operates as a mobile phone network company primarily in Thailand More
Advanced Info 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 Advanced Info'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 Advanced Info Service upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.67 | |||
| Information Ratio | 0.0798 | |||
| Maximum Drawdown | 12.71 | |||
| Value At Risk | (1.85) | |||
| Potential Upside | 2.71 |
Advanced Info Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Advanced Info's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Advanced Info's standard deviation. In reality, there are many statistical measures that can use Advanced Info historical prices to predict the future Advanced Info's volatility.| Risk Adjusted Performance | 0.1236 | |||
| Jensen Alpha | 0.2295 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0843 | |||
| Treynor Ratio | 0.9712 |
Advanced Info Service Backtested Returns
Advanced Info appears to be very steady, given 3 months investment horizon. Advanced Info Service secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Advanced Info Service, which you can use to evaluate the volatility of the firm. Please makes use of Advanced Info's Risk Adjusted Performance of 0.1236, downside deviation of 1.67, and Mean Deviation of 1.19 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Advanced Info holds a performance score of 10. The firm shows a Beta (market volatility) of 0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Advanced Info's returns are expected to increase less than the market. However, during the bear market, the loss of holding Advanced Info is expected to be smaller as well. Please check Advanced Info's semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Advanced Info's price patterns will revert.
Auto-correlation | 0.62 |
Good predictability
Advanced Info Service has good predictability. Overlapping area represents the amount of predictability between Advanced Info time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 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 Advanced Info Service price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Advanced Info price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 861.16 |
Advanced Info Service lagged returns against current returns
Autocorrelation, which is Advanced Info 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 Advanced Info's stock expected returns. We can calculate the autocorrelation of Advanced Info returns to help us make a trade decision. For example, suppose you find that Advanced Info 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 |
Advanced Info 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 Advanced Info stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Advanced Info stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Advanced Info stock over time.
Current vs Lagged Prices |
| Timeline |
Advanced Info Lagged Returns
When evaluating Advanced Info's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Advanced Info stock have on its future price. Advanced Info 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, Advanced Info autocorrelation shows the relationship between Advanced Info stock current value and its past values and can show if there is a momentum factor associated with investing in Advanced Info Service.
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 Advanced Stock
Advanced Info financial ratios help investors to determine whether Advanced 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 Advanced with respect to the benefits of owning Advanced Info security.