Interlink Communication (Thailand) Market Value
| ILINK Stock | THB 5.95 0.05 0.85% |
| Symbol | Interlink |
Interlink Communication '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 Interlink Communication'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 Interlink Communication.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Interlink Communication on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Interlink Communication Public or generate 0.0% return on investment in Interlink Communication over 720 days. Interlink Communication is related to or competes with AP Public, Jasmine International, Asia Plus, and Bangkok Aviation. Interlink Communication Public Company Limited imports and distributes IT network cabling system products in Thailand More
Interlink Communication 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 Interlink Communication'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 Interlink Communication Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.93 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 10.43 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 3.33 |
Interlink Communication Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Interlink Communication's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Interlink Communication's standard deviation. In reality, there are many statistical measures that can use Interlink Communication historical prices to predict the future Interlink Communication's volatility.| Risk Adjusted Performance | 0.0446 | |||
| Jensen Alpha | 0.1385 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.20) |
Interlink Communication Backtested Returns
At this point, Interlink Communication is somewhat reliable. Interlink Communication holds Efficiency (Sharpe) Ratio of 0.0524, which attests that the entity had a 0.0524% return per unit of risk over the last 3 months. We have found thirty technical indicators for Interlink Communication, which you can use to evaluate the volatility of the firm. Please check out Interlink Communication's Market Risk Adjusted Performance of (0.19), downside deviation of 1.93, and Risk Adjusted Performance of 0.0446 to validate if the risk estimate we provide is consistent with the expected return of 0.1%. Interlink Communication has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.43, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Interlink Communication are expected to decrease at a much lower rate. During the bear market, Interlink Communication is likely to outperform the market. Interlink Communication right now retains a risk of 1.95%. Please check out Interlink Communication potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Interlink Communication will be following its current trending patterns.
Auto-correlation | -0.3 |
Weak reverse predictability
Interlink Communication Public has weak reverse predictability. Overlapping area represents the amount of predictability between Interlink Communication time series from 7th of December 2022 to 2nd of December 2023 and 2nd 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 Interlink Communication price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Interlink Communication price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Interlink Communication lagged returns against current returns
Autocorrelation, which is Interlink Communication 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 Interlink Communication's stock expected returns. We can calculate the autocorrelation of Interlink Communication returns to help us make a trade decision. For example, suppose you find that Interlink Communication 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 |
Interlink Communication 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 Interlink Communication stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Interlink Communication stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Interlink Communication stock over time.
Current vs Lagged Prices |
| Timeline |
Interlink Communication Lagged Returns
When evaluating Interlink Communication's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Interlink Communication stock have on its future price. Interlink Communication 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, Interlink Communication autocorrelation shows the relationship between Interlink Communication stock current value and its past values and can show if there is a momentum factor associated with investing in Interlink Communication 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 Interlink Stock
Interlink Communication financial ratios help investors to determine whether Interlink 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 Interlink with respect to the benefits of owning Interlink Communication security.