Loxley Public (Thailand) Market Value
| LOXLEY Stock | THB 1.38 0.01 0.72% |
| Symbol | Loxley |
Loxley 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 Loxley Public'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 Loxley Public.
| 12/03/2023 |
| 11/27/2024 |
If you would invest 0.00 in Loxley Public on December 3, 2023 and sell it all today you would earn a total of 0.00 from holding Loxley Public or generate 0.0% return on investment in Loxley Public over 360 days. Loxley Public is related to or competes with AP Public, Jasmine International, Asia Plus, and Bangkok Aviation. Loxley Public Company Limited engages in the trading and turnkey contract sales of telecommunication equipment and other... More
Loxley 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 Loxley Public'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 Loxley Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 6.3 | |||
| Value At Risk | (2.07) | |||
| Potential Upside | 2.11 |
Loxley Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Loxley Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Loxley Public's standard deviation. In reality, there are many statistical measures that can use Loxley Public historical prices to predict the future Loxley Public's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | 0.2732 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Loxley Public's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Loxley Public Backtested Returns
Loxley Public is out of control given 3 months investment horizon. Loxley 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 and interpolated twenty-two different technical indicators, which can help you to evaluate if expected returns of 14.45% are justified by taking the suggested risk. Use Loxley Public Risk Adjusted Performance of (0.03), standard deviation of 1.11, and Mean Deviation of 0.6731 to evaluate company specific risk that cannot be diversified away. Loxley Public holds a performance score of 8 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Loxley Public are expected to decrease at a much lower rate. During the bear market, Loxley Public is likely to outperform the market. Use Loxley Public potential upside, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to analyze future returns on Loxley Public.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Loxley Public has insignificant reverse predictability. Overlapping area represents the amount of predictability between Loxley Public time series from 3rd of December 2023 to 31st of May 2024 and 31st of May 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 Loxley Public price movement. The serial correlation of -0.2 indicates that over 20.0% of current Loxley Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Loxley Public lagged returns against current returns
Autocorrelation, which is Loxley Public 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 Loxley Public's stock expected returns. We can calculate the autocorrelation of Loxley Public returns to help us make a trade decision. For example, suppose you find that Loxley Public 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 |
Loxley 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 Loxley Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Loxley Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Loxley Public stock over time.
Current vs Lagged Prices |
| Timeline |
Loxley Public Lagged Returns
When evaluating Loxley Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Loxley Public stock have on its future price. Loxley 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, Loxley Public autocorrelation shows the relationship between Loxley Public stock current value and its past values and can show if there is a momentum factor associated with investing in Loxley Public.
Regressed Prices |
| Timeline |
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Loxley Public financial ratios help investors to determine whether Loxley 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 Loxley with respect to the benefits of owning Loxley Public security.