Everland Public (Thailand) Market Value
| EVER Stock | THB 0.12 0.01 7.69% |
| Symbol | Everland |
Everland 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 Everland 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 Everland Public.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Everland Public on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Everland Public or generate 0.0% return on investment in Everland Public over 30 days. Everland Public is related to or competes with Land, Bangkok Bank, and Charoen Pokphand. Everland Public Company Limited, together with its subsidiaries, operates as a real estate development company in Thaila... More
Everland 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 Everland 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 Everland Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.9 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 23.72 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 8.33 |
Everland Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Everland Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Everland Public's standard deviation. In reality, there are many statistical measures that can use Everland Public historical prices to predict the future Everland Public's volatility.| Risk Adjusted Performance | 0.0098 | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.85) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.0009) |
Everland Public Backtested Returns
Everland Public is out of control given 3 months investment horizon. Everland Public secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We were able to collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 14.29% are justified by taking the suggested risk. Use Everland Public Mean Deviation of 3.01, downside deviation of 8.9, and Coefficient Of Variation of 58712.48 to evaluate company specific risk that cannot be diversified away. Everland Public holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.4, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Everland Public will likely underperform. Use Everland Public semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to analyze future returns on Everland Public.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Everland Public has insignificant reverse predictability. Overlapping area represents the amount of predictability between Everland 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 Everland Public price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Everland Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Everland Public lagged returns against current returns
Autocorrelation, which is Everland 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 Everland Public's stock expected returns. We can calculate the autocorrelation of Everland Public returns to help us make a trade decision. For example, suppose you find that Everland 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 |
Everland 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 Everland Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Everland Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Everland Public stock over time.
Current vs Lagged Prices |
| Timeline |
Everland Public Lagged Returns
When evaluating Everland Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Everland Public stock have on its future price. Everland 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, Everland Public autocorrelation shows the relationship between Everland Public stock current value and its past values and can show if there is a momentum factor associated with investing in Everland Public.
Regressed Prices |
| Timeline |
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Everland Public financial ratios help investors to determine whether Everland 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 Everland with respect to the benefits of owning Everland Public security.