Golden Ventures (Thailand) Market Value
| GVREIT Stock | THB 6.85 0.15 2.24% |
| Symbol | Golden |
Golden Ventures '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 Golden Ventures' 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 Golden Ventures.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Golden Ventures on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Golden Ventures Leasehold or generate 0.0% return on investment in Golden Ventures over 30 days. Golden Ventures is related to or competes with Impact Growth, CPN Retail, WHA Premium, LH Shopping, and Quality Houses. Golden Ventures Leasehold Real Estate Investment Trust, a real estate investment trust, engages in the rental of propert... More
Golden Ventures 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 Golden Ventures' 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 Golden Ventures Leasehold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.52 | |||
| Information Ratio | 0.1286 | |||
| Maximum Drawdown | 12.32 | |||
| Value At Risk | (3.28) | |||
| Potential Upside | 3.31 |
Golden Ventures Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Golden Ventures' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Golden Ventures' standard deviation. In reality, there are many statistical measures that can use Golden Ventures historical prices to predict the future Golden Ventures' volatility.| Risk Adjusted Performance | 0.1571 | |||
| Jensen Alpha | 0.3946 | |||
| Total Risk Alpha | 0.051 | |||
| Sortino Ratio | 0.1021 | |||
| Treynor Ratio | (4.93) |
Golden Ventures Leasehold Backtested Returns
Golden Ventures appears to be somewhat reliable, given 3 months investment horizon. Golden Ventures Leasehold holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Golden Ventures Leasehold, which you can use to evaluate the volatility of the firm. Please utilize Golden Ventures' Risk Adjusted Performance of 0.1571, downside deviation of 2.52, and Market Risk Adjusted Performance of (4.92) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Golden Ventures holds a performance score of 13. The company retains a Market Volatility (i.e., Beta) of -0.0781, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Golden Ventures are expected to decrease at a much lower rate. During the bear market, Golden Ventures is likely to outperform the market. Please check Golden Ventures' total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Golden Ventures' current trending patterns will revert.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Golden Ventures Leasehold has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Golden Ventures 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 Golden Ventures Leasehold price movement. The serial correlation of -0.72 indicates that around 72.0% of current Golden Ventures price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Golden Ventures Leasehold lagged returns against current returns
Autocorrelation, which is Golden Ventures 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 Golden Ventures' stock expected returns. We can calculate the autocorrelation of Golden Ventures returns to help us make a trade decision. For example, suppose you find that Golden Ventures 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 |
Golden Ventures 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 Golden Ventures stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Golden Ventures stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Golden Ventures stock over time.
Current vs Lagged Prices |
| Timeline |
Golden Ventures Lagged Returns
When evaluating Golden Ventures' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Golden Ventures stock have on its future price. Golden Ventures 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, Golden Ventures autocorrelation shows the relationship between Golden Ventures stock current value and its past values and can show if there is a momentum factor associated with investing in Golden Ventures Leasehold.
Regressed Prices |
| Timeline |
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Golden Ventures financial ratios help investors to determine whether Golden 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 Golden with respect to the benefits of owning Golden Ventures security.