BuilderSmart Public (Thailand) Market Value
| BSM Stock | THB 1.79 0.01 0.56% |
| Symbol | BuilderSmart |
BuilderSmart 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 BuilderSmart 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 BuilderSmart Public.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in BuilderSmart Public on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding BuilderSmart Public or generate 0.0% return on investment in BuilderSmart Public over 30 days. BuilderSmart Public is related to or competes with Getabec Public, E For, and Salee Colour. BuilderSmart Public Company Limited, together with its subsidiaries, engages in the retail sale of construction material... More
BuilderSmart 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 BuilderSmart 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 BuilderSmart Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 8.96 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 1.14 |
BuilderSmart Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BuilderSmart Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BuilderSmart Public's standard deviation. In reality, there are many statistical measures that can use BuilderSmart Public historical prices to predict the future BuilderSmart Public's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | 1.58 |
BuilderSmart Public Backtested Returns
BuilderSmart Public is out of control given 3 months investment horizon. BuilderSmart Public secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have collected data for twenty-four different technical indicators, which can help you to evaluate if expected returns of 13.75% are justified by taking the suggested risk. Use BuilderSmart Public Risk Adjusted Performance of (0.15), standard deviation of 1.33, and Mean Deviation of 0.8072 to evaluate company specific risk that cannot be diversified away. BuilderSmart Public holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BuilderSmart Public are expected to decrease at a much lower rate. During the bear market, BuilderSmart Public is likely to outperform the market. Use BuilderSmart Public total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to analyze future returns on BuilderSmart Public.
Auto-correlation | 0.60 |
Good predictability
BuilderSmart Public has good predictability. Overlapping area represents the amount of predictability between BuilderSmart Public time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 BuilderSmart Public price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current BuilderSmart Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BuilderSmart Public lagged returns against current returns
Autocorrelation, which is BuilderSmart 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 BuilderSmart Public's stock expected returns. We can calculate the autocorrelation of BuilderSmart Public returns to help us make a trade decision. For example, suppose you find that BuilderSmart 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 |
BuilderSmart 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 BuilderSmart Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BuilderSmart Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BuilderSmart Public stock over time.
Current vs Lagged Prices |
| Timeline |
BuilderSmart Public Lagged Returns
When evaluating BuilderSmart Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BuilderSmart Public stock have on its future price. BuilderSmart 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, BuilderSmart Public autocorrelation shows the relationship between BuilderSmart Public stock current value and its past values and can show if there is a momentum factor associated with investing in BuilderSmart Public.
Regressed Prices |
| Timeline |
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BuilderSmart Public financial ratios help investors to determine whether BuilderSmart 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 BuilderSmart with respect to the benefits of owning BuilderSmart Public security.