Kingsmen CMTI (Thailand) Market Value
| K Stock | THB 1.26 0.03 2.44% |
| Symbol | Kingsmen |
Kingsmen CMTI '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 Kingsmen CMTI'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 Kingsmen CMTI.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Kingsmen CMTI on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Kingsmen CMTI Public or generate 0.0% return on investment in Kingsmen CMTI over 30 days. Kingsmen CMTI is related to or competes with Com7 PCL, SKijchai Enterprise, TKS Technologies, and Rajthanee Hospital. Kingsmen C.M.T.I. Public Company Limited engages in interior design and decoration, and exhibition businesses in the AsiaPacific and the Middle East. More
Kingsmen CMTI 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 Kingsmen CMTI'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 Kingsmen CMTI Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.28 | |||
| Information Ratio | 0.0334 | |||
| Maximum Drawdown | 15.7 | |||
| Value At Risk | (5.30) | |||
| Potential Upside | 5.08 |
Kingsmen CMTI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kingsmen CMTI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kingsmen CMTI's standard deviation. In reality, there are many statistical measures that can use Kingsmen CMTI historical prices to predict the future Kingsmen CMTI's volatility.| Risk Adjusted Performance | 0.0701 | |||
| Jensen Alpha | 0.1738 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0287 | |||
| Treynor Ratio | 0.5882 |
Kingsmen CMTI Public Backtested Returns
Kingsmen CMTI is out of control given 3 months investment horizon. Kingsmen CMTI Public has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We have analyzed twenty-nine different technical indicators, which can help you to evaluate if expected returns of 14.54% are justified by taking the suggested risk. Use Kingsmen CMTI Public Risk Adjusted Performance of 0.0701, downside deviation of 3.28, and Mean Deviation of 2.0 to evaluate company specific risk that cannot be diversified away. Kingsmen CMTI holds a performance score of 9 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.38, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kingsmen CMTI's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kingsmen CMTI is expected to be smaller as well. Use Kingsmen CMTI Public semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to analyze future returns on Kingsmen CMTI Public.
Auto-correlation | 0.17 |
Very weak predictability
Kingsmen CMTI Public has very weak predictability. Overlapping area represents the amount of predictability between Kingsmen CMTI time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Kingsmen CMTI Public price movement. The serial correlation of 0.17 indicates that over 17.0% of current Kingsmen CMTI price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Kingsmen CMTI Public lagged returns against current returns
Autocorrelation, which is Kingsmen CMTI 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 Kingsmen CMTI's stock expected returns. We can calculate the autocorrelation of Kingsmen CMTI returns to help us make a trade decision. For example, suppose you find that Kingsmen CMTI 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 |
Kingsmen CMTI 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 Kingsmen CMTI stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kingsmen CMTI stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kingsmen CMTI stock over time.
Current vs Lagged Prices |
| Timeline |
Kingsmen CMTI Lagged Returns
When evaluating Kingsmen CMTI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kingsmen CMTI stock have on its future price. Kingsmen CMTI 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, Kingsmen CMTI autocorrelation shows the relationship between Kingsmen CMTI stock current value and its past values and can show if there is a momentum factor associated with investing in Kingsmen CMTI Public.
Regressed Prices |
| Timeline |
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Kingsmen CMTI financial ratios help investors to determine whether Kingsmen 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 Kingsmen with respect to the benefits of owning Kingsmen CMTI security.