Information (Thailand) Market Value
| ICN Stock | THB 2.14 0.10 4.46% |
| Symbol | Information |
Information '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 Information'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 Information.
| 01/06/2023 |
| 11/26/2024 |
If you would invest 0.00 in Information on January 6, 2023 and sell it all today you would earn a total of 0.00 from holding Information and Communication or generate 0.0% return on investment in Information over 690 days. Information is related to or competes with Hana Microelectronics, Ekachai Medical, Megachem Public, Diamond Building, and Intouch Holdings. Information and Communication Networks Public Company Limited provides telecommunication system integration services in ... More
Information 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 Information'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 Information and Communication upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.14 | |||
| Information Ratio | 0.0136 | |||
| Maximum Drawdown | 15.28 | |||
| Value At Risk | (2.64) | |||
| Potential Upside | 4.04 |
Information Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Information's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Information's standard deviation. In reality, there are many statistical measures that can use Information historical prices to predict the future Information's volatility.| Risk Adjusted Performance | 0.0578 | |||
| Jensen Alpha | 0.2487 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0154 | |||
| Treynor Ratio | (0.19) |
Information and Comm Backtested Returns
As of now, Information Stock is risky. Information and Comm holds Efficiency (Sharpe) Ratio of 0.0499, which attests that the entity had a 0.0499% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Information and Comm, which you can use to evaluate the volatility of the firm. Please check out Information's Risk Adjusted Performance of 0.0578, downside deviation of 2.14, and Market Risk Adjusted Performance of (0.18) to validate if the risk estimate we provide is consistent with the expected return of 0.12%. Information has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.82, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Information are expected to decrease at a much lower rate. During the bear market, Information is likely to outperform the market. Information and Comm right now retains a risk of 2.44%. Please check out Information coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Information will be following its current trending patterns.
Auto-correlation | 0.67 |
Good predictability
Information and Communication has good predictability. Overlapping area represents the amount of predictability between Information time series from 6th of January 2023 to 17th of December 2023 and 17th of December 2023 to 26th 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 Information and Comm price movement. The serial correlation of 0.67 indicates that around 67.0% of current Information price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Information and Comm lagged returns against current returns
Autocorrelation, which is Information 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 Information's stock expected returns. We can calculate the autocorrelation of Information returns to help us make a trade decision. For example, suppose you find that Information 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 |
Information 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 Information stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Information stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Information stock over time.
Current vs Lagged Prices |
| Timeline |
Information Lagged Returns
When evaluating Information's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Information stock have on its future price. Information 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, Information autocorrelation shows the relationship between Information stock current value and its past values and can show if there is a momentum factor associated with investing in Information and Communication.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in Information Stock
Information financial ratios help investors to determine whether Information 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 Information with respect to the benefits of owning Information security.