Krungdhep Sophon (Thailand) Market Value
| KWC Stock | THB 303.00 0.00 0.00% |
| Symbol | Krungdhep |
Krungdhep Sophon '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 Krungdhep Sophon'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 Krungdhep Sophon.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Krungdhep Sophon on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Krungdhep Sophon Public or generate 0.0% return on investment in Krungdhep Sophon over 510 days. Krungdhep Sophon is related to or competes with Tata Steel, Thaifoods Group, TMT Steel, Erawan, Airports, Eastern Technical, and Asian Sea. Krungdhep Sophon Public Company Limited, together with its subsidiaries, develops and leases real estate properties in T... More
Krungdhep Sophon 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 Krungdhep Sophon'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 Krungdhep Sophon Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.61 | |||
| Information Ratio | 0.0287 | |||
| Maximum Drawdown | 30.08 | |||
| Value At Risk | (8.06) | |||
| Potential Upside | 11.49 |
Krungdhep Sophon Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Krungdhep Sophon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Krungdhep Sophon's standard deviation. In reality, there are many statistical measures that can use Krungdhep Sophon historical prices to predict the future Krungdhep Sophon's volatility.| Risk Adjusted Performance | 0.0501 | |||
| Jensen Alpha | 0.1873 | |||
| Total Risk Alpha | (0.51) | |||
| Sortino Ratio | 0.0166 | |||
| Treynor Ratio | 0.4179 |
Krungdhep Sophon Public Backtested Returns
Krungdhep Sophon is out of control given 3 months investment horizon. Krungdhep Sophon Public has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We were able to break down twenty-four different technical indicators, which can help you to evaluate if expected returns of 14.8% are justified by taking the suggested risk. Use Krungdhep Sophon Public Risk Adjusted Performance of 0.0501, mean deviation of 2.54, and Downside Deviation of 8.61 to evaluate company specific risk that cannot be diversified away. Krungdhep Sophon holds a performance score of 9 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.63, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Krungdhep Sophon's returns are expected to increase less than the market. However, during the bear market, the loss of holding Krungdhep Sophon is expected to be smaller as well. Use Krungdhep Sophon Public sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to analyze future returns on Krungdhep Sophon Public.
Auto-correlation | 0.35 |
Below average predictability
Krungdhep Sophon Public has below average predictability. Overlapping area represents the amount of predictability between Krungdhep Sophon time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Krungdhep Sophon Public price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Krungdhep Sophon price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 1334.28 |
Krungdhep Sophon Public lagged returns against current returns
Autocorrelation, which is Krungdhep Sophon 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 Krungdhep Sophon's stock expected returns. We can calculate the autocorrelation of Krungdhep Sophon returns to help us make a trade decision. For example, suppose you find that Krungdhep Sophon 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 |
Krungdhep Sophon 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 Krungdhep Sophon stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Krungdhep Sophon stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Krungdhep Sophon stock over time.
Current vs Lagged Prices |
| Timeline |
Krungdhep Sophon Lagged Returns
When evaluating Krungdhep Sophon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Krungdhep Sophon stock have on its future price. Krungdhep Sophon 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, Krungdhep Sophon autocorrelation shows the relationship between Krungdhep Sophon stock current value and its past values and can show if there is a momentum factor associated with investing in Krungdhep Sophon Public.
Regressed Prices |
| Timeline |
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Krungdhep Sophon financial ratios help investors to determine whether Krungdhep 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 Krungdhep with respect to the benefits of owning Krungdhep Sophon security.