JKN Global (Thailand) Market Value
| JKN Stock | THB 0.31 0.00 0.00% |
| Symbol | JKN |
JKN Global '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 JKN Global'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 JKN Global.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in JKN Global on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding JKN Global Media or generate 0.0% return on investment in JKN Global over 30 days. JKN Global is related to or competes with Com7 PCL, BTS Group, Kiatnakin Phatra, Bangkok Chain, and Indorama Ventures. JKN Global Media Public Company Limited, together with its subsidiaries, engages in content distributor and licensing ma... More
JKN Global 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 JKN Global'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 JKN Global Media upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 43.01 | |||
| Value At Risk | (7.32) | |||
| Potential Upside | 2.44 |
JKN Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JKN Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JKN Global's standard deviation. In reality, there are many statistical measures that can use JKN Global historical prices to predict the future JKN Global's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (1.02) | |||
| Treynor Ratio | (1.00) |
JKN Global Media Backtested Returns
JKN Global is out of control given 3 months investment horizon. JKN Global Media holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of volatility over the last 3 months. We were able to interpolate eighteen different technical indicators, which can help you to evaluate if expected returns of 14.08% are justified by taking the suggested risk. Use JKN Global Media risk adjusted performance of (0.02), and Market Risk Adjusted Performance of (0.99) to evaluate company specific risk that cannot be diversified away. JKN Global holds a performance score of 8 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, JKN Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding JKN Global is expected to be smaller as well. Use JKN Global Media jensen alpha, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to analyze future returns on JKN Global Media.
Auto-correlation | 0.00 |
No correlation between past and present
JKN Global Media has no correlation between past and present. Overlapping area represents the amount of predictability between JKN Global time series from 28th of October 2024 to 12th of November 2024 and 12th of November 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 JKN Global Media price movement. The serial correlation of 0.0 indicates that just 0.0% of current JKN Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
JKN Global Media lagged returns against current returns
Autocorrelation, which is JKN Global 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 JKN Global's stock expected returns. We can calculate the autocorrelation of JKN Global returns to help us make a trade decision. For example, suppose you find that JKN Global 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 |
JKN Global 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 JKN Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JKN Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JKN Global stock over time.
Current vs Lagged Prices |
| Timeline |
JKN Global Lagged Returns
When evaluating JKN Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JKN Global stock have on its future price. JKN Global 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, JKN Global autocorrelation shows the relationship between JKN Global stock current value and its past values and can show if there is a momentum factor associated with investing in JKN Global Media.
Regressed Prices |
| Timeline |
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JKN Global financial ratios help investors to determine whether JKN 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 JKN with respect to the benefits of owning JKN Global security.