Masterkool International (Thailand) Market Value
| KOOL Stock | THB 0.35 0.01 2.94% |
| Symbol | Masterkool |
Masterkool International '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 Masterkool International'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 Masterkool International.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Masterkool International on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Masterkool International Public or generate 0.0% return on investment in Masterkool International over 270 days. Masterkool International is related to or competes with Kingsmen CMTI, Filter Vision, Jay Mart, and KC Metalsheet. Masterkool International Public Company Limited researches, develops, manufactures, and supplies alternative cooling pro... More
Masterkool International 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 Masterkool International'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 Masterkool International Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.26 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 22.74 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 4.88 |
Masterkool International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Masterkool International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Masterkool International's standard deviation. In reality, there are many statistical measures that can use Masterkool International historical prices to predict the future Masterkool International's volatility.| Risk Adjusted Performance | 0.0114 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.55) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0399 |
Masterkool International Backtested Returns
Masterkool International is out of control given 3 months investment horizon. Masterkool International 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 were able to collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 14.3% are justified by taking the suggested risk. Use Masterkool International Risk Adjusted Performance of 0.0114, mean deviation of 2.1, and Downside Deviation of 4.26 to evaluate company specific risk that cannot be diversified away. Masterkool International holds a performance score of 8 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Masterkool International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Masterkool International is expected to be smaller as well. Use Masterkool International sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to analyze future returns on Masterkool International.
Auto-correlation | 0.03 |
Virtually no predictability
Masterkool International Public has virtually no predictability. Overlapping area represents the amount of predictability between Masterkool International time series from 27th of February 2024 to 11th of July 2024 and 11th of July 2024 to 23rd 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 Masterkool International price movement. The serial correlation of 0.03 indicates that only 3.0% of current Masterkool International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Masterkool International lagged returns against current returns
Autocorrelation, which is Masterkool International 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 Masterkool International's stock expected returns. We can calculate the autocorrelation of Masterkool International returns to help us make a trade decision. For example, suppose you find that Masterkool International 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 |
Masterkool International 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 Masterkool International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Masterkool International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Masterkool International stock over time.
Current vs Lagged Prices |
| Timeline |
Masterkool International Lagged Returns
When evaluating Masterkool International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Masterkool International stock have on its future price. Masterkool International 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, Masterkool International autocorrelation shows the relationship between Masterkool International stock current value and its past values and can show if there is a momentum factor associated with investing in Masterkool International Public.
Regressed Prices |
| Timeline |
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Masterkool International financial ratios help investors to determine whether Masterkool 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 Masterkool with respect to the benefits of owning Masterkool International security.