KCE Electronics (Thailand) Market Value
| KCE Stock | THB 25.75 0.50 1.90% |
| Symbol | KCE |
KCE Electronics '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 KCE Electronics' 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 KCE Electronics.
| 05/07/2023 |
| 11/27/2024 |
If you would invest 0.00 in KCE Electronics on May 7, 2023 and sell it all today you would earn a total of 0.00 from holding KCE Electronics Public or generate 0.0% return on investment in KCE Electronics over 570 days. KCE Electronics is related to or competes with Hana Microelectronics, Kasikornbank Public, Land, Indorama Ventures, and Advanced Info. KCE Electronics Public Company Limited, together with its subsidiaries, manufactures and distributes electric printed ci... More
KCE Electronics 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 KCE Electronics' 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 KCE Electronics Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 16.02 | |||
| Value At Risk | (5.59) | |||
| Potential Upside | 3.23 |
KCE Electronics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KCE Electronics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KCE Electronics' standard deviation. In reality, there are many statistical measures that can use KCE Electronics historical prices to predict the future KCE Electronics' volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.62) | |||
| Total Risk Alpha | (0.94) | |||
| Treynor Ratio | (1.17) |
KCE Electronics Public Backtested Returns
KCE Electronics Public has Sharpe Ratio of -0.23, which conveys that the company had a -0.23% return per unit of risk over the last 3 months. KCE Electronics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify KCE Electronics' Coefficient Of Variation of (452.04), mean deviation of 1.69, and Standard Deviation of 2.48 to check out the risk estimate we provide. The firm secures a Beta (Market Risk) of 0.48, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, KCE Electronics' returns are expected to increase less than the market. However, during the bear market, the loss of holding KCE Electronics is expected to be smaller as well. At this point, KCE Electronics Public has a negative expected return of -0.58%. Please make sure to verify KCE Electronics' jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if KCE Electronics Public performance from the past will be repeated in the future.
Auto-correlation | 0.25 |
Poor predictability
KCE Electronics Public has poor predictability. Overlapping area represents the amount of predictability between KCE Electronics time series from 7th of May 2023 to 16th of February 2024 and 16th of February 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 KCE Electronics Public price movement. The serial correlation of 0.25 indicates that over 25.0% of current KCE Electronics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 14.29 |
KCE Electronics Public lagged returns against current returns
Autocorrelation, which is KCE Electronics 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 KCE Electronics' stock expected returns. We can calculate the autocorrelation of KCE Electronics returns to help us make a trade decision. For example, suppose you find that KCE Electronics 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 |
KCE Electronics 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 KCE Electronics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KCE Electronics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KCE Electronics stock over time.
Current vs Lagged Prices |
| Timeline |
KCE Electronics Lagged Returns
When evaluating KCE Electronics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KCE Electronics stock have on its future price. KCE Electronics 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, KCE Electronics autocorrelation shows the relationship between KCE Electronics stock current value and its past values and can show if there is a momentum factor associated with investing in KCE Electronics Public.
Regressed Prices |
| Timeline |
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KCE Electronics financial ratios help investors to determine whether KCE 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 KCE with respect to the benefits of owning KCE Electronics security.