Floyd Public (Thailand) Market Value
| FLOYD Stock | THB 1.18 0.01 0.85% |
| Symbol | Floyd |
Floyd 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 Floyd 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 Floyd Public.
| 01/27/2024 |
| 01/16/2026 |
If you would invest 0.00 in Floyd Public on January 27, 2024 and sell it all today you would earn a total of 0.00 from holding Floyd Public or generate 0.0% return on investment in Floyd Public over 720 days. Floyd Public is related to or competes with Well Graded, Teka Construction, Index International, Kumwell Public, Sahakol Equipment, Power Line, and Right Tunnelling. Floyd Public Company Limited engages in the installation of utility and fire suppression systems in Thailand More
Floyd 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 Floyd 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 Floyd Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.42 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 10.51 | |||
| Value At Risk | (3.51) | |||
| Potential Upside | 3.77 |
Floyd Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Floyd Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Floyd Public's standard deviation. In reality, there are many statistical measures that can use Floyd Public historical prices to predict the future Floyd Public's volatility.| Risk Adjusted Performance | 0.0401 | |||
| Jensen Alpha | 0.065 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.3562 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Floyd Public's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Floyd Public Backtested Returns
Floyd Public appears to be very risky, given 3 months investment horizon. Floyd Public secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Floyd Public, which you can use to evaluate the volatility of the firm. Please utilize Floyd Public's Downside Deviation of 2.42, coefficient of variation of 2070.57, and Mean Deviation of 1.4 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Floyd Public holds a performance score of 11. The firm shows a Beta (market volatility) of 0.25, which means not very significant fluctuations relative to the market. As returns on the market increase, Floyd Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding Floyd Public is expected to be smaller as well. Please check Floyd Public's daily balance of power, period momentum indicator, as well as the relationship between the semi variance and treynor ratio , to make a quick decision on whether Floyd Public's price patterns will revert.
Auto-correlation | -0.67 |
Very good reverse predictability
Floyd Public has very good reverse predictability. Overlapping area represents the amount of predictability between Floyd Public time series from 27th of January 2024 to 21st of January 2025 and 21st of January 2025 to 16th 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 Floyd Public price movement. The serial correlation of -0.67 indicates that around 67.0% of current Floyd Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Floyd Public lagged returns against current returns
Autocorrelation, which is Floyd 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 Floyd Public's stock expected returns. We can calculate the autocorrelation of Floyd Public returns to help us make a trade decision. For example, suppose you find that Floyd 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 |
Floyd 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 Floyd Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Floyd Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Floyd Public stock over time.
Current vs Lagged Prices |
| Timeline |
Floyd Public Lagged Returns
When evaluating Floyd Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Floyd Public stock have on its future price. Floyd 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, Floyd Public autocorrelation shows the relationship between Floyd Public stock current value and its past values and can show if there is a momentum factor associated with investing in Floyd Public.
Regressed Prices |
| Timeline |
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Try AI Portfolio ProphetOther Information on Investing in Floyd Stock
Floyd Public financial ratios help investors to determine whether Floyd 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 Floyd with respect to the benefits of owning Floyd Public security.