Amata Public (Thailand) Market Value
| AMATA-R Stock | THB 30.50 1.75 6.09% |
| Symbol | Amata |
Amata Public '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 Amata Public'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 Amata Public.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Amata Public on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Amata Public or generate 0.0% return on investment in Amata Public over 360 days. Amata Public is related to or competes with KT Medical, Bangkok Dusit, Asia Medical, Silicon Craft, Interlink Telecom, and Jasmine Telecom. Amata Corporationration Public Company Limited engages in planning, developing, managing, and marketing integrated industrial estates in Thailand and internationally. More
Amata Public 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 Amata Public'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 Amata Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 3.65 |
Amata Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amata Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amata Public's standard deviation. In reality, there are many statistical measures that can use Amata Public historical prices to predict the future Amata Public's volatility.| Risk Adjusted Performance | 0.0871 | |||
| Jensen Alpha | 0.0382 | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | 0.8055 |
Amata Public Backtested Returns
Amata Public is out of control given 3 months investment horizon. Amata Public secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of standard deviation over the last 3 months. We were able to interpolate and analyze data for twenty-one different technical indicators, which can help you to evaluate if expected returns of 45.82% are justified by taking the suggested risk. Use Amata Public mean deviation of 0.109, and Risk Adjusted Performance of 0.0871 to evaluate company specific risk that cannot be diversified away. Amata Public holds a performance score of 16 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.0563, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Amata Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amata Public is expected to be smaller as well. Use Amata Public treynor ratio, day typical price, and the relationship between the information ratio and daily balance of power , to analyze future returns on Amata Public.
Auto-correlation | 0.01 |
Virtually no predictability
Amata Public has virtually no predictability. Overlapping area represents the amount of predictability between Amata Public time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 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 Amata Public price movement. The serial correlation of 0.01 indicates that just 1.0% of current Amata Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 8.66 |
Amata Public lagged returns against current returns
Autocorrelation, which is Amata Public 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 Amata Public's stock expected returns. We can calculate the autocorrelation of Amata Public returns to help us make a trade decision. For example, suppose you find that Amata Public 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 |
Amata Public 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 Amata Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amata Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amata Public stock over time.
Current vs Lagged Prices |
| Timeline |
Amata Public Lagged Returns
When evaluating Amata Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amata Public stock have on its future price. Amata Public 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, Amata Public autocorrelation shows the relationship between Amata Public stock current value and its past values and can show if there is a momentum factor associated with investing in Amata Public.
Regressed Prices |
| Timeline |
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When running Amata Public's price analysis, check to measure Amata Public's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Amata Public is operating at the current time. Most of Amata Public's value examination focuses on studying past and present price action to predict the probability of Amata Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amata Public's price. Additionally, you may evaluate how the addition of Amata Public to your portfolios can decrease your overall portfolio volatility.