Amarin Printing (Thailand) Market Value
| AMARIN Stock | THB 3.50 0.04 1.13% |
| Symbol | Amarin |
Amarin Printing '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 Amarin Printing'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 Amarin Printing.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Amarin Printing on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Amarin Printing and or generate 0.0% return on investment in Amarin Printing over 30 days. Amarin Printing is related to or competes with Bangkok Chain, Better World, and Chularat Hospital. Amarin Printing and Publishing Public Company Limited engages in the publishing, advertising, and distribution of public... More
Amarin Printing 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 Amarin Printing'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 Amarin Printing and upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 8.6 | |||
| Value At Risk | (2.56) | |||
| Potential Upside | 2.6 |
Amarin Printing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amarin Printing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amarin Printing's standard deviation. In reality, there are many statistical measures that can use Amarin Printing historical prices to predict the future Amarin Printing's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | 0.7307 |
Amarin Printing Backtested Returns
Amarin Printing is out of control given 3 months investment horizon. Amarin Printing secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of standard deviation over the last 3 months. We were able to analyze twenty-two different technical indicators, which can help you to evaluate if expected returns of 13.9% are justified by taking the suggested risk. Use Amarin Printing risk adjusted performance of (0.09), and Mean Deviation of 0.8703 to evaluate company specific risk that cannot be diversified away. Amarin Printing holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Amarin Printing are expected to decrease at a much lower rate. During the bear market, Amarin Printing is likely to outperform the market. Use Amarin Printing treynor ratio, and the relationship between the standard deviation and kurtosis , to analyze future returns on Amarin Printing.
Auto-correlation | 0.04 |
Virtually no predictability
Amarin Printing and has virtually no predictability. Overlapping area represents the amount of predictability between Amarin Printing 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 Amarin Printing price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Amarin Printing price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Amarin Printing lagged returns against current returns
Autocorrelation, which is Amarin Printing 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 Amarin Printing's stock expected returns. We can calculate the autocorrelation of Amarin Printing returns to help us make a trade decision. For example, suppose you find that Amarin Printing 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 |
Amarin Printing 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 Amarin Printing stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amarin Printing stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amarin Printing stock over time.
Current vs Lagged Prices |
| Timeline |
Amarin Printing Lagged Returns
When evaluating Amarin Printing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amarin Printing stock have on its future price. Amarin Printing 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, Amarin Printing autocorrelation shows the relationship between Amarin Printing stock current value and its past values and can show if there is a momentum factor associated with investing in Amarin Printing and.
Regressed Prices |
| Timeline |
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Amarin Printing financial ratios help investors to determine whether Amarin 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 Amarin with respect to the benefits of owning Amarin Printing security.