Global Consumer (Thailand) Market Value
| GLOCON Stock | THB 0.20 0.02 11.11% |
| Symbol | Global |
Global Consumer '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 Global Consumer'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 Global Consumer.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Global Consumer on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Global Consumer Public or generate 0.0% return on investment in Global Consumer over 30 days. Global Consumer is related to or competes with AJ Advance, POSCO Thainox, Ichitan Group, and RB Food. Global Consumer Public Company Limited, together with its subsidiaries, manufactures and sells plastic packaging product... More
Global Consumer 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 Global Consumer'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 Global Consumer Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 18.22 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 5.26 |
Global Consumer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Consumer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Consumer's standard deviation. In reality, there are many statistical measures that can use Global Consumer historical prices to predict the future Global Consumer's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.77) | |||
| Treynor Ratio | 1.25 |
Global Consumer Public Backtested Returns
Global Consumer is out of control given 3 months investment horizon. Global Consumer Public holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We were able to break down and interpolate data for twenty-three different technical indicators, which can help you to evaluate if expected returns of 14.36% are justified by taking the suggested risk. Use Global Consumer Public Risk Adjusted Performance of (0.04), market risk adjusted performance of 1.26, and Standard Deviation of 3.64 to evaluate company specific risk that cannot be diversified away. Global Consumer holds a performance score of 8 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Global Consumer are expected to decrease at a much lower rate. During the bear market, Global Consumer is likely to outperform the market. Use Global Consumer Public total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to analyze future returns on Global Consumer Public.
Auto-correlation | -0.32 |
Poor reverse predictability
Global Consumer Public has poor reverse predictability. Overlapping area represents the amount of predictability between Global Consumer time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Global Consumer Public price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Global Consumer price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Global Consumer Public lagged returns against current returns
Autocorrelation, which is Global Consumer 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 Global Consumer's stock expected returns. We can calculate the autocorrelation of Global Consumer returns to help us make a trade decision. For example, suppose you find that Global Consumer 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 |
Global Consumer 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 Global Consumer stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Consumer stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Consumer stock over time.
Current vs Lagged Prices |
| Timeline |
Global Consumer Lagged Returns
When evaluating Global Consumer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Consumer stock have on its future price. Global Consumer 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, Global Consumer autocorrelation shows the relationship between Global Consumer stock current value and its past values and can show if there is a momentum factor associated with investing in Global Consumer Public.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Global Stock
Global Consumer financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Consumer security.