Agripure Holdings (Thailand) Market Value
| APURE Stock | THB 4.20 0.04 0.96% |
| Symbol | Agripure |
Agripure Holdings '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 Agripure Holdings' 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 Agripure Holdings.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Agripure Holdings on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Agripure Holdings Public or generate 0.0% return on investment in Agripure Holdings over 30 days. Agripure Holdings is related to or competes with CP ALL, Carabao Group, Thai Union, Minor International, and Central Pattana. Agripure Holdings Public Company Limited, through its subsidiaries, manufactures and distributes agro products in Thaila... More
Agripure Holdings 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 Agripure Holdings' 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 Agripure Holdings Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.27 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 7.61 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 2.33 |
Agripure Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Agripure Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Agripure Holdings' standard deviation. In reality, there are many statistical measures that can use Agripure Holdings historical prices to predict the future Agripure Holdings' volatility.| Risk Adjusted Performance | 0.0354 | |||
| Jensen Alpha | 0.0203 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.1916 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Agripure Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Agripure Holdings Public Backtested Returns
At this point, Agripure Holdings is somewhat reliable. Agripure Holdings Public secures Sharpe Ratio (or Efficiency) of 0.0537, which signifies that the company had a 0.0537% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Agripure Holdings Public, which you can use to evaluate the volatility of the firm. Please confirm Agripure Holdings' Mean Deviation of 0.8857, risk adjusted performance of 0.0354, and Downside Deviation of 1.27 to double-check if the risk estimate we provide is consistent with the expected return of 0.0699%. Agripure Holdings has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Agripure Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Agripure Holdings is expected to be smaller as well. Agripure Holdings Public right now shows a risk of 1.3%. Please confirm Agripure Holdings Public treynor ratio, kurtosis, relative strength index, as well as the relationship between the downside variance and day median price , to decide if Agripure Holdings Public will be following its price patterns.
Auto-correlation | 0.18 |
Very weak predictability
Agripure Holdings Public has very weak predictability. Overlapping area represents the amount of predictability between Agripure Holdings time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Agripure Holdings Public price movement. The serial correlation of 0.18 indicates that over 18.0% of current Agripure Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Agripure Holdings Public lagged returns against current returns
Autocorrelation, which is Agripure Holdings 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 Agripure Holdings' stock expected returns. We can calculate the autocorrelation of Agripure Holdings returns to help us make a trade decision. For example, suppose you find that Agripure Holdings 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 |
Agripure Holdings 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 Agripure Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Agripure Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Agripure Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Agripure Holdings Lagged Returns
When evaluating Agripure Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Agripure Holdings stock have on its future price. Agripure Holdings 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, Agripure Holdings autocorrelation shows the relationship between Agripure Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Agripure Holdings Public.
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 Agripure Stock
Agripure Holdings financial ratios help investors to determine whether Agripure 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 Agripure with respect to the benefits of owning Agripure Holdings security.