Assetwise Public (Thailand) Market Value
| ASW Stock | THB 6.90 0.10 1.43% |
| Symbol | Assetwise |
Assetwise 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 Assetwise 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 Assetwise Public.
| 03/09/2023 |
| 02/26/2025 |
If you would invest 0.00 in Assetwise Public on March 9, 2023 and sell it all today you would earn a total of 0.00 from holding Assetwise Public or generate 0.0% return on investment in Assetwise Public over 720 days. Assetwise Public is related to or competes with Asset World, Lalin Property, AP Public, Ananda Development, and Bangchak Public. Asset Wise Public Company Limited develops residential real estate properties in Thailand More
Assetwise 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 Assetwise 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 Assetwise Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 6.55 | |||
| Value At Risk | (1.43) | |||
| Potential Upside | 0.6494 |
Assetwise Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Assetwise Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Assetwise Public's standard deviation. In reality, there are many statistical measures that can use Assetwise Public historical prices to predict the future Assetwise Public's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.81) |
Assetwise Public Backtested Returns
Assetwise Public secures Sharpe Ratio (or Efficiency) of -0.26, which signifies that the company had a -0.26 % return per unit of risk over the last 3 months. Assetwise Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Assetwise Public's Standard Deviation of 0.926, risk adjusted performance of (0.15), and Mean Deviation of 0.6161 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Assetwise Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding Assetwise Public is expected to be smaller as well. At this point, Assetwise Public has a negative expected return of -0.25%. Please make sure to confirm Assetwise Public's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Assetwise Public performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.05 |
Very weak reverse predictability
Assetwise Public has very weak reverse predictability. Overlapping area represents the amount of predictability between Assetwise Public time series from 9th of March 2023 to 3rd of March 2024 and 3rd of March 2024 to 26th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Assetwise Public price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Assetwise Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Assetwise Public lagged returns against current returns
Autocorrelation, which is Assetwise 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 Assetwise Public's stock expected returns. We can calculate the autocorrelation of Assetwise Public returns to help us make a trade decision. For example, suppose you find that Assetwise 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 |
Assetwise 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 Assetwise Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Assetwise Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Assetwise Public stock over time.
Current vs Lagged Prices |
| Timeline |
Assetwise Public Lagged Returns
When evaluating Assetwise Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Assetwise Public stock have on its future price. Assetwise 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, Assetwise Public autocorrelation shows the relationship between Assetwise Public stock current value and its past values and can show if there is a momentum factor associated with investing in Assetwise Public.
Regressed Prices |
| Timeline |
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Assetwise Public financial ratios help investors to determine whether Assetwise 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 Assetwise with respect to the benefits of owning Assetwise Public security.