Bangsaphan Barmill (Thailand) Market Value
| BSBM Stock | THB 0.69 0.02 2.82% |
| Symbol | Bangsaphan |
Bangsaphan Barmill '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 Bangsaphan Barmill'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 Bangsaphan Barmill.
| 01/26/2025 |
| 02/25/2025 |
If you would invest 0.00 in Bangsaphan Barmill on January 26, 2025 and sell it all today you would earn a total of 0.00 from holding Bangsaphan Barmill Public or generate 0.0% return on investment in Bangsaphan Barmill over 30 days. Bangsaphan Barmill is related to or competes with Asia Metal, Chonburi Concrete, Asia Plus, CSP Steel, and Capital Engineering. Bangsaphan Barmill Public Company Limited manufactures and distributes deformed and round steel bars in Thailand More
Bangsaphan Barmill 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 Bangsaphan Barmill'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 Bangsaphan Barmill Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 7.16 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 2.86 |
Bangsaphan Barmill Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bangsaphan Barmill's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bangsaphan Barmill's standard deviation. In reality, there are many statistical measures that can use Bangsaphan Barmill historical prices to predict the future Bangsaphan Barmill's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.13) |
Bangsaphan Barmill Public Backtested Returns
Bangsaphan Barmill Public secures Sharpe Ratio (or Efficiency) of -0.0369, which signifies that the company had a -0.0369 % return per unit of risk over the last 3 months. Bangsaphan Barmill Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bangsaphan Barmill's Risk Adjusted Performance of (0.01), mean deviation of 1.08, and Standard Deviation of 1.57 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.32, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bangsaphan Barmill's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bangsaphan Barmill is expected to be smaller as well. At this point, Bangsaphan Barmill Public has a negative expected return of -0.0594%. Please make sure to confirm Bangsaphan Barmill's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Bangsaphan Barmill Public performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.18 |
Very weak predictability
Bangsaphan Barmill Public has very weak predictability. Overlapping area represents the amount of predictability between Bangsaphan Barmill time series from 26th of January 2025 to 10th of February 2025 and 10th of February 2025 to 25th 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 Bangsaphan Barmill Public price movement. The serial correlation of 0.18 indicates that over 18.0% of current Bangsaphan Barmill price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bangsaphan Barmill Public lagged returns against current returns
Autocorrelation, which is Bangsaphan Barmill 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 Bangsaphan Barmill's stock expected returns. We can calculate the autocorrelation of Bangsaphan Barmill returns to help us make a trade decision. For example, suppose you find that Bangsaphan Barmill 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 |
Bangsaphan Barmill 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 Bangsaphan Barmill stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bangsaphan Barmill stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bangsaphan Barmill stock over time.
Current vs Lagged Prices |
| Timeline |
Bangsaphan Barmill Lagged Returns
When evaluating Bangsaphan Barmill's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bangsaphan Barmill stock have on its future price. Bangsaphan Barmill 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, Bangsaphan Barmill autocorrelation shows the relationship between Bangsaphan Barmill stock current value and its past values and can show if there is a momentum factor associated with investing in Bangsaphan Barmill Public.
Regressed Prices |
| Timeline |
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Bangsaphan Barmill financial ratios help investors to determine whether Bangsaphan 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 Bangsaphan with respect to the benefits of owning Bangsaphan Barmill security.