Global Service (Thailand) Market Value
| GSC Stock | 0.57 0.03 5.00% |
| Symbol | Global |
Global Service '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 Service'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 Service.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Global Service on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Global Service Center or generate 0.0% return on investment in Global Service over 30 days. Global Service is related to or competes with Home Pottery, ARIP Public, Getabec Public, Filter Vision, and Harn Engineering. More
Global Service 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 Service'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 Service Center upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 44.28 | |||
| Value At Risk | (8.96) | |||
| Potential Upside | 4.92 |
Global Service Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Service's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Service's standard deviation. In reality, there are many statistical measures that can use Global Service historical prices to predict the future Global Service's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (1.05) | |||
| Treynor Ratio | 0.7495 |
Global Service Center Backtested Returns
Global Service is out of control given 3 months investment horizon. Global Service Center 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 twenty-four different technical indicators, which can help you to evaluate if expected returns of 14.19% are justified by taking the suggested risk. Use Global Service Center Market Risk Adjusted Performance of 0.7595, risk adjusted performance of (0.03), and Standard Deviation of 5.65 to evaluate company specific risk that cannot be diversified away. Global Service holds a performance score of 8 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Global Service are expected to decrease at a much lower rate. During the bear market, Global Service is likely to outperform the market. Use Global Service Center treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to analyze future returns on Global Service Center.
Auto-correlation | 0.42 |
Average predictability
Global Service Center has average predictability. Overlapping area represents the amount of predictability between Global Service time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Service Center price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Global Service price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Global Service Center lagged returns against current returns
Autocorrelation, which is Global Service 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 Service's stock expected returns. We can calculate the autocorrelation of Global Service returns to help us make a trade decision. For example, suppose you find that Global Service 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 Service 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 Service stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Service stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Service stock over time.
Current vs Lagged Prices |
| Timeline |
Global Service Lagged Returns
When evaluating Global Service's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Service stock have on its future price. Global Service 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 Service autocorrelation shows the relationship between Global Service stock current value and its past values and can show if there is a momentum factor associated with investing in Global Service Center.
Regressed Prices |
| Timeline |
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Global Service 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 Service security.