Bangkok Bank (Thailand) Market Value
| BBL Stock | THB 149.50 0.50 0.34% |
| Symbol | Bangkok |
Bangkok Bank '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 Bangkok Bank'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 Bangkok Bank.
| 04/02/2023 |
| 11/22/2024 |
If you would invest 0.00 in Bangkok Bank on April 2, 2023 and sell it all today you would earn a total of 0.00 from holding Bangkok Bank Public or generate 0.0% return on investment in Bangkok Bank over 600 days. Bangkok Bank is related to or competes with SCB X, Kasikornbank Public, PTT Public, Siam Cement, and Krung Thai. Bangkok Bank Public Company Limited provides various commercial banking products and services in Thailand and internatio... More
Bangkok Bank 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 Bangkok Bank'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 Bangkok Bank Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.19 | |||
| Information Ratio | 0.0638 | |||
| Maximum Drawdown | 8.21 | |||
| Value At Risk | (2.21) | |||
| Potential Upside | 2.24 |
Bangkok Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bangkok Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bangkok Bank's standard deviation. In reality, there are many statistical measures that can use Bangkok Bank historical prices to predict the future Bangkok Bank's volatility.| Risk Adjusted Performance | 0.114 | |||
| Jensen Alpha | 0.1749 | |||
| Total Risk Alpha | 0.0082 | |||
| Sortino Ratio | 0.0737 | |||
| Treynor Ratio | 1.56 |
Bangkok Bank Public Backtested Returns
As of now, Bangkok Stock is very steady. Bangkok Bank Public secures Sharpe Ratio (or Efficiency) of 0.0779, which signifies that the company had a 0.0779% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bangkok Bank Public, which you can use to evaluate the volatility of the firm. Please confirm Bangkok Bank's Downside Deviation of 1.19, risk adjusted performance of 0.114, and Mean Deviation of 1.0 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. Bangkok Bank has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bangkok Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bangkok Bank is expected to be smaller as well. Bangkok Bank Public right now shows a risk of 1.3%. Please confirm Bangkok Bank Public total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Bangkok Bank Public will be following its price patterns.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Bangkok Bank Public has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Bangkok Bank time series from 2nd of April 2023 to 27th of January 2024 and 27th of January 2024 to 22nd 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 Bangkok Bank Public price movement. The serial correlation of -0.72 indicates that around 72.0% of current Bangkok Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 71.38 |
Bangkok Bank Public lagged returns against current returns
Autocorrelation, which is Bangkok Bank 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 Bangkok Bank's stock expected returns. We can calculate the autocorrelation of Bangkok Bank returns to help us make a trade decision. For example, suppose you find that Bangkok Bank 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 |
Bangkok Bank 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 Bangkok Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bangkok Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bangkok Bank stock over time.
Current vs Lagged Prices |
| Timeline |
Bangkok Bank Lagged Returns
When evaluating Bangkok Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bangkok Bank stock have on its future price. Bangkok Bank 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, Bangkok Bank autocorrelation shows the relationship between Bangkok Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Bangkok Bank 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 Bangkok Stock
Bangkok Bank financial ratios help investors to determine whether Bangkok 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 Bangkok with respect to the benefits of owning Bangkok Bank security.