GMM Grammy (Thailand) Market Value
| GRAMMY Stock | THB 8.05 0.05 0.62% |
| Symbol | GMM |
GMM Grammy '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 GMM Grammy'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 GMM Grammy.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in GMM Grammy on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding GMM Grammy Public or generate 0.0% return on investment in GMM Grammy over 30 days. GMM Grammy is related to or competes with Warrix Sport, PINTHONG INDUSTRIAL, Exotic Food, WHA Industrial, and North East. GMM Grammy Public Company Limited, together with its subsidiaries, engages in music, satellite television, movies, and h... More
GMM Grammy 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 GMM Grammy'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 GMM Grammy Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.75 | |||
| Information Ratio | 0.0303 | |||
| Maximum Drawdown | 10.49 | |||
| Value At Risk | (2.07) | |||
| Potential Upside | 2.04 |
GMM Grammy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GMM Grammy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GMM Grammy's standard deviation. In reality, there are many statistical measures that can use GMM Grammy historical prices to predict the future GMM Grammy's volatility.| Risk Adjusted Performance | 0.0951 | |||
| Jensen Alpha | 0.1415 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0247 | |||
| Treynor Ratio | 1.07 |
GMM Grammy Public Backtested Returns
At this point, GMM Grammy is not too volatile. GMM Grammy Public holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for GMM Grammy Public, which you can use to evaluate the volatility of the firm. Please check out GMM Grammy's Market Risk Adjusted Performance of 1.08, risk adjusted performance of 0.0951, and Semi Deviation of 1.11 to validate if the risk estimate we provide is consistent with the expected return of 0.18%. GMM Grammy has a performance score of 9 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, GMM Grammy's returns are expected to increase less than the market. However, during the bear market, the loss of holding GMM Grammy is expected to be smaller as well. GMM Grammy Public currently retains a risk of 1.44%. Please check out GMM Grammy treynor ratio, as well as the relationship between the semi variance and daily balance of power , to decide if GMM Grammy will be following its current trending patterns.
Auto-correlation | 0.44 |
Average predictability
GMM Grammy Public has average predictability. Overlapping area represents the amount of predictability between GMM Grammy time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 GMM Grammy Public price movement. The serial correlation of 0.44 indicates that just about 44.0% of current GMM Grammy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
GMM Grammy Public lagged returns against current returns
Autocorrelation, which is GMM Grammy 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 GMM Grammy's stock expected returns. We can calculate the autocorrelation of GMM Grammy returns to help us make a trade decision. For example, suppose you find that GMM Grammy 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 |
GMM Grammy 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 GMM Grammy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GMM Grammy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GMM Grammy stock over time.
Current vs Lagged Prices |
| Timeline |
GMM Grammy Lagged Returns
When evaluating GMM Grammy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GMM Grammy stock have on its future price. GMM Grammy 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, GMM Grammy autocorrelation shows the relationship between GMM Grammy stock current value and its past values and can show if there is a momentum factor associated with investing in GMM Grammy Public.
Regressed Prices |
| Timeline |
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GMM Grammy financial ratios help investors to determine whether GMM 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 GMM with respect to the benefits of owning GMM Grammy security.