INET Leasehold (Thailand) Market Value
| INETREIT | 8.55 0.05 0.59% |
| Symbol | INET |
INET Leasehold '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 INET Leasehold'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 INET Leasehold.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in INET Leasehold on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding INET Leasehold REIT or generate 0.0% return on investment in INET Leasehold over 90 days. INET Leasehold is related to or competes with Impact Growth, Internet Thailand, CPN Retail, Golden Ventures, and Dusit Thani. More
INET Leasehold 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 INET Leasehold'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 INET Leasehold REIT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.15 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 4.25 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 1.71 |
INET Leasehold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for INET Leasehold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as INET Leasehold's standard deviation. In reality, there are many statistical measures that can use INET Leasehold historical prices to predict the future INET Leasehold's volatility.| Risk Adjusted Performance | 0.0712 | |||
| Jensen Alpha | 0.0514 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.3897 |
INET Leasehold REIT Backtested Returns
INET Leasehold is not too volatile at the moment. INET Leasehold REIT holds Efficiency (Sharpe) Ratio of 0.0451, which attests that the entity had a 0.0451% return per unit of return volatility over the last 3 months. We have found thirty technical indicators for INET Leasehold REIT, which you can use to evaluate the volatility of the firm. Please check out INET Leasehold's Semi Deviation of 0.686, risk adjusted performance of 0.0712, and Market Risk Adjusted Performance of 0.3997 to validate if the risk estimate we provide is consistent with the expected return of 0.0418%. INET Leasehold has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, INET Leasehold's returns are expected to increase less than the market. However, during the bear market, the loss of holding INET Leasehold is expected to be smaller as well. INET Leasehold REIT now retains a risk of 0.93%. Please check out INET Leasehold downside variance, and the relationship between the total risk alpha and daily balance of power , to decide if INET Leasehold will be following its current trending patterns.
Auto-correlation | -0.5 |
Modest reverse predictability
INET Leasehold REIT has modest reverse predictability. Overlapping area represents the amount of predictability between INET Leasehold time series from 29th of August 2024 to 13th of October 2024 and 13th of October 2024 to 27th 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 INET Leasehold REIT price movement. The serial correlation of -0.5 indicates that about 50.0% of current INET Leasehold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
INET Leasehold REIT lagged returns against current returns
Autocorrelation, which is INET Leasehold 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 INET Leasehold's stock expected returns. We can calculate the autocorrelation of INET Leasehold returns to help us make a trade decision. For example, suppose you find that INET Leasehold 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 |
INET Leasehold 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 INET Leasehold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if INET Leasehold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in INET Leasehold stock over time.
Current vs Lagged Prices |
| Timeline |
INET Leasehold Lagged Returns
When evaluating INET Leasehold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of INET Leasehold stock have on its future price. INET Leasehold 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, INET Leasehold autocorrelation shows the relationship between INET Leasehold stock current value and its past values and can show if there is a momentum factor associated with investing in INET Leasehold REIT.
Regressed Prices |
| Timeline |
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INET Leasehold financial ratios help investors to determine whether INET 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 INET with respect to the benefits of owning INET Leasehold security.