Demco Public (Thailand) Market Value
| DEMCO Stock | THB 3.46 0.04 1.17% |
| Symbol | Demco |
Demco 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 Demco 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 Demco Public.
| 01/12/2023 |
| 12/02/2024 |
If you would invest 0.00 in Demco Public on January 12, 2023 and sell it all today you would earn a total of 0.00 from holding Demco Public or generate 0.0% return on investment in Demco Public over 690 days. Demco Public is related to or competes with Asia Aviation, Bangkok Dusit, Bangkok Expressway, Airports, and BTS Group. Demco Public Company Limited operates as a contractor of electric system construction and service works in the fields of... More
Demco 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 Demco 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 Demco Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 12.5 | |||
| Value At Risk | (2.31) | |||
| Potential Upside | 2.23 |
Demco Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Demco Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Demco Public's standard deviation. In reality, there are many statistical measures that can use Demco Public historical prices to predict the future Demco Public's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.34) |
Demco Public Backtested Returns
Demco Public is out of control given 3 months investment horizon. Demco Public secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We have analyzed twenty-three different technical indicators, which can help you to evaluate if expected returns of 15.83% are justified by taking the suggested risk. Use Demco Public Mean Deviation of 0.92, variance of 3.39, and Standard Deviation of 1.84 to evaluate company specific risk that cannot be diversified away. Demco Public holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.23, which means not very significant fluctuations relative to the market. As returns on the market increase, Demco Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding Demco Public is expected to be smaller as well. Use Demco Public kurtosis, and the relationship between the maximum drawdown and day median price , to analyze future returns on Demco Public.
Auto-correlation | -0.6 |
Good reverse predictability
Demco Public has good reverse predictability. Overlapping area represents the amount of predictability between Demco Public time series from 12th of January 2023 to 23rd of December 2023 and 23rd of December 2023 to 2nd of December 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 Demco Public price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current Demco Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.4 |
Demco Public lagged returns against current returns
Autocorrelation, which is Demco 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 Demco Public's stock expected returns. We can calculate the autocorrelation of Demco Public returns to help us make a trade decision. For example, suppose you find that Demco 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 |
Demco 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 Demco Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Demco Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Demco Public stock over time.
Current vs Lagged Prices |
| Timeline |
Demco Public Lagged Returns
When evaluating Demco Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Demco Public stock have on its future price. Demco 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, Demco Public autocorrelation shows the relationship between Demco Public stock current value and its past values and can show if there is a momentum factor associated with investing in Demco Public.
Regressed Prices |
| Timeline |
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Demco Public financial ratios help investors to determine whether Demco 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 Demco with respect to the benefits of owning Demco Public security.