EMC Public (Thailand) Market Value
| EMC Stock | THB 0.09 0.01 10.00% |
| Symbol | EMC |
EMC 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 EMC 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 EMC Public.
| 12/04/2022 |
| 11/23/2024 |
If you would invest 0.00 in EMC Public on December 4, 2022 and sell it all today you would earn a total of 0.00 from holding EMC Public or generate 0.0% return on investment in EMC Public over 720 days. EMC Public is related to or competes with Italian Thai, Eastern Commercial, CH Karnchang, Christiani Nielsen, and Chonburi Concrete. EMC Public Company Limited engages in the provision of services under long-term service agreements and construction agre... More
EMC 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 EMC 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 EMC Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.02 | |||
| Information Ratio | 0.0467 | |||
| Maximum Drawdown | 43.33 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 14.29 |
EMC Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EMC Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EMC Public's standard deviation. In reality, there are many statistical measures that can use EMC Public historical prices to predict the future EMC Public's volatility.| Risk Adjusted Performance | 0.057 | |||
| Jensen Alpha | 0.9233 | |||
| Total Risk Alpha | (0.80) | |||
| Sortino Ratio | 0.0351 | |||
| Treynor Ratio | (0.15) |
EMC Public Backtested Returns
EMC Public is out of control given 3 months investment horizon. EMC Public retains Efficiency (Sharpe Ratio) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 14.83% are justified by taking the suggested risk. Use EMC Public Market Risk Adjusted Performance of (0.14), coefficient of variation of 1600.14, and Downside Deviation of 11.02 to evaluate company specific risk that cannot be diversified away. EMC Public holds a performance score of 9 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of -3.44, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning EMC Public are expected to decrease by larger amounts. On the other hand, during market turmoil, EMC Public is expected to outperform it. Use EMC Public mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to analyze future returns on EMC Public.
Auto-correlation | -0.17 |
Insignificant reverse predictability
EMC Public has insignificant reverse predictability. Overlapping area represents the amount of predictability between EMC Public time series from 4th of December 2022 to 29th of November 2023 and 29th of November 2023 to 23rd 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 EMC Public price movement. The serial correlation of -0.17 indicates that over 17.0% of current EMC Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
EMC Public lagged returns against current returns
Autocorrelation, which is EMC 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 EMC Public's stock expected returns. We can calculate the autocorrelation of EMC Public returns to help us make a trade decision. For example, suppose you find that EMC 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 |
EMC 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 EMC Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EMC Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EMC Public stock over time.
Current vs Lagged Prices |
| Timeline |
EMC Public Lagged Returns
When evaluating EMC Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EMC Public stock have on its future price. EMC 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, EMC Public autocorrelation shows the relationship between EMC Public stock current value and its past values and can show if there is a momentum factor associated with investing in EMC Public.
Regressed Prices |
| Timeline |
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EMC Public financial ratios help investors to determine whether EMC 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 EMC with respect to the benefits of owning EMC Public security.