Kasikornbank Public Co Stock Market Value
| KPCPY Stock | USD 19.20 0.37 1.89% |
| Symbol | Kasikornbank |
Kasikornbank Public '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 Kasikornbank Public's pink sheet 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 Kasikornbank Public.
| 01/03/2025 |
| 02/02/2025 |
If you would invest 0.00 in Kasikornbank Public on January 3, 2025 and sell it all today you would earn a total of 0.00 from holding Kasikornbank Public Co or generate 0.0% return on investment in Kasikornbank Public over 30 days. Kasikornbank Public is related to or competes with Turkiye Garanti, Hang Seng, PT Bank, Delhi Bank, Bank Central, Nedbank, and Standard Bank. Kasikornbank Public Company Limited, together with its subsidiaries, provides commercial banking products and services i... More
Kasikornbank Public 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 Kasikornbank Public's pink sheet 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 Kasikornbank Public Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.59 | |||
| Information Ratio | 0.0384 | |||
| Maximum Drawdown | 19.03 | |||
| Value At Risk | (5.28) | |||
| Potential Upside | 7.34 |
Kasikornbank Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kasikornbank Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kasikornbank Public's standard deviation. In reality, there are many statistical measures that can use Kasikornbank Public historical prices to predict the future Kasikornbank Public's volatility.| Risk Adjusted Performance | 0.0568 | |||
| Jensen Alpha | 0.1877 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0423 | |||
| Treynor Ratio | 0.4597 |
Kasikornbank Public Backtested Returns
Kasikornbank Public appears to be somewhat reliable, given 3 months investment horizon. Kasikornbank Public has Sharpe Ratio of 0.0596, which conveys that the firm had a 0.0596 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kasikornbank Public, which you can use to evaluate the volatility of the firm. Please exercise Kasikornbank Public's Mean Deviation of 3.07, risk adjusted performance of 0.0568, and Downside Deviation of 3.59 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Kasikornbank Public holds a performance score of 4. The company secures a Beta (Market Risk) of 0.48, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Kasikornbank Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding Kasikornbank Public is expected to be smaller as well. Please check Kasikornbank Public's downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to make a quick decision on whether Kasikornbank Public's current price movements will revert.
Auto-correlation | 0.67 |
Good predictability
Kasikornbank Public Co has good predictability. Overlapping area represents the amount of predictability between Kasikornbank Public time series from 3rd of January 2025 to 18th of January 2025 and 18th of January 2025 to 2nd of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Kasikornbank Public price movement. The serial correlation of 0.67 indicates that around 67.0% of current Kasikornbank Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Kasikornbank Public lagged returns against current returns
Autocorrelation, which is Kasikornbank Public pink sheet'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 Kasikornbank Public's pink sheet expected returns. We can calculate the autocorrelation of Kasikornbank Public returns to help us make a trade decision. For example, suppose you find that Kasikornbank Public has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Kasikornbank Public 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 Kasikornbank Public pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kasikornbank Public pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kasikornbank Public pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Kasikornbank Public Lagged Returns
When evaluating Kasikornbank Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kasikornbank Public pink sheet have on its future price. Kasikornbank Public 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, Kasikornbank Public autocorrelation shows the relationship between Kasikornbank Public pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Kasikornbank Public Co.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Kasikornbank Pink Sheet Analysis
When running Kasikornbank Public's price analysis, check to measure Kasikornbank Public's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kasikornbank Public is operating at the current time. Most of Kasikornbank Public's value examination focuses on studying past and present price action to predict the probability of Kasikornbank Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kasikornbank Public's price. Additionally, you may evaluate how the addition of Kasikornbank Public to your portfolios can decrease your overall portfolio volatility.