Humanica Public (Thailand) Market Value
| HUMAN Stock | THB 9.60 0.15 1.54% |
| Symbol | Humanica |
Humanica 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 Humanica 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 Humanica Public.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Humanica Public on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Humanica Public or generate 0.0% return on investment in Humanica Public over 720 days. Humanica Public is related to or competes with Home Product, Hana Microelectronics, Gulf Energy, Forth Public, and Com7 PCL. Humanica Public Company Limited provides various human resource services and solutions in Thailand, Singapore, Japan, an... More
Humanica 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 Humanica 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 Humanica Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 9.68 | |||
| Value At Risk | (3.42) | |||
| Potential Upside | 2.63 |
Humanica Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Humanica Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Humanica Public's standard deviation. In reality, there are many statistical measures that can use Humanica Public historical prices to predict the future Humanica Public's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 1.07 |
Humanica Public Backtested Returns
Humanica Public holds Efficiency (Sharpe) Ratio of -0.086, which attests that the entity had a -0.086% return per unit of risk over the last 3 months. Humanica Public exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Humanica Public's Standard Deviation of 1.92, market risk adjusted performance of 1.08, and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Humanica Public are expected to decrease at a much lower rate. During the bear market, Humanica Public is likely to outperform the market. At this point, Humanica Public has a negative expected return of -0.17%. Please make sure to check out Humanica Public's maximum drawdown, as well as the relationship between the accumulation distribution and day typical price , to decide if Humanica Public performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.42 |
Average predictability
Humanica Public has average predictability. Overlapping area represents the amount of predictability between Humanica Public time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 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 Humanica Public price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Humanica Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.33 |
Humanica Public lagged returns against current returns
Autocorrelation, which is Humanica 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 Humanica Public's stock expected returns. We can calculate the autocorrelation of Humanica Public returns to help us make a trade decision. For example, suppose you find that Humanica 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 |
Humanica 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 Humanica Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Humanica Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Humanica Public stock over time.
Current vs Lagged Prices |
| Timeline |
Humanica Public Lagged Returns
When evaluating Humanica Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Humanica Public stock have on its future price. Humanica 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, Humanica Public autocorrelation shows the relationship between Humanica Public stock current value and its past values and can show if there is a momentum factor associated with investing in Humanica 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 Humanica Stock
Humanica Public financial ratios help investors to determine whether Humanica 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 Humanica with respect to the benefits of owning Humanica Public security.