Charoong Thai (Thailand) Market Value
| CTW Stock | THB 2.94 0.04 1.38% |
| Symbol | Charoong |
Charoong Thai '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 Charoong Thai'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 Charoong Thai.
| 12/15/2025 |
| 01/14/2026 |
If you would invest 0.00 in Charoong Thai on December 15, 2025 and sell it all today you would earn a total of 0.00 from holding Charoong Thai Wire or generate 0.0% return on investment in Charoong Thai over 30 days. Charoong Thai is related to or competes with Tirathai Public, Cpt Drives, Firetrade Engineering, Ekarat Engineering, Sonic Interfreight, QTC Energy, and Pre Built. Charoong Thai Wire and Cable Public Company Limited, together with its subsidiaries, manufactures and distributes electr... More
Charoong Thai 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 Charoong Thai'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 Charoong Thai Wire upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.18 | |||
| Information Ratio | 0.0271 | |||
| Maximum Drawdown | 10.23 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 2.96 |
Charoong Thai Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Charoong Thai's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Charoong Thai's standard deviation. In reality, there are many statistical measures that can use Charoong Thai historical prices to predict the future Charoong Thai's volatility.| Risk Adjusted Performance | 0.0643 | |||
| Jensen Alpha | 0.1332 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0227 | |||
| Treynor Ratio | (9.10) |
Charoong Thai Wire Backtested Returns
As of now, Charoong Stock is moderately volatile. Charoong Thai Wire secures Sharpe Ratio (or Efficiency) of 0.0647, which signifies that the company had a 0.0647 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Charoong Thai Wire, which you can use to evaluate the volatility of the firm. Please confirm Charoong Thai's mean deviation of 1.3, and Risk Adjusted Performance of 0.0643 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. Charoong Thai has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0145, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Charoong Thai are expected to decrease at a much lower rate. During the bear market, Charoong Thai is likely to outperform the market. Charoong Thai Wire right now shows a risk of 1.82%. Please confirm Charoong Thai Wire market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Charoong Thai Wire will be following its price patterns.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Charoong Thai Wire has insignificant reverse predictability. Overlapping area represents the amount of predictability between Charoong Thai time series from 15th of December 2025 to 30th of December 2025 and 30th of December 2025 to 14th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Charoong Thai Wire price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Charoong Thai price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Charoong Thai Wire lagged returns against current returns
Autocorrelation, which is Charoong Thai 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 Charoong Thai's stock expected returns. We can calculate the autocorrelation of Charoong Thai returns to help us make a trade decision. For example, suppose you find that Charoong Thai 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 |
Charoong Thai 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 Charoong Thai stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Charoong Thai stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Charoong Thai stock over time.
Current vs Lagged Prices |
| Timeline |
Charoong Thai Lagged Returns
When evaluating Charoong Thai's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Charoong Thai stock have on its future price. Charoong Thai 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, Charoong Thai autocorrelation shows the relationship between Charoong Thai stock current value and its past values and can show if there is a momentum factor associated with investing in Charoong Thai Wire.
Regressed Prices |
| Timeline |
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Charoong Thai financial ratios help investors to determine whether Charoong 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 Charoong with respect to the benefits of owning Charoong Thai security.