Muramoto Electron (Thailand) Market Value
| METCO Stock | THB 193.00 0.50 0.26% |
| Symbol | Muramoto |
Muramoto Electron '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 Muramoto Electron'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 Muramoto Electron.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Muramoto Electron on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Muramoto Electron Public or generate 0.0% return on investment in Muramoto Electron over 30 days. Muramoto Electron is related to or competes with AP Public, Jasmine International, Asia Plus, and Bangkok Aviation. Muramoto Electron Public Company Limited manufactures and sells metal and plastic parts for audiovisual equipment and el... More
Muramoto Electron 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 Muramoto Electron'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 Muramoto Electron Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4792 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 6.21 | |||
| Value At Risk | (0.52) | |||
| Potential Upside | 0.5525 |
Muramoto Electron Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Muramoto Electron's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Muramoto Electron's standard deviation. In reality, there are many statistical measures that can use Muramoto Electron historical prices to predict the future Muramoto Electron's volatility.| Risk Adjusted Performance | 0.0815 | |||
| Jensen Alpha | 0.0842 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | (0.85) |
Muramoto Electron Public Backtested Returns
Muramoto Electron is out of control given 3 months investment horizon. Muramoto Electron 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 thirty different technical indicators, which can help you to evaluate if expected returns of 14.18% are justified by taking the suggested risk. Use Muramoto Electron Public Risk Adjusted Performance of 0.0815, mean deviation of 0.3605, and Downside Deviation of 0.4792 to evaluate company specific risk that cannot be diversified away. Muramoto Electron holds a performance score of 8 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -0.0864, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Muramoto Electron are expected to decrease at a much lower rate. During the bear market, Muramoto Electron is likely to outperform the market. Use Muramoto Electron Public skewness, and the relationship between the value at risk and day median price , to analyze future returns on Muramoto Electron Public.
Auto-correlation | -0.09 |
Very weak reverse predictability
Muramoto Electron Public has very weak reverse predictability. Overlapping area represents the amount of predictability between Muramoto Electron time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Muramoto Electron Public price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Muramoto Electron price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.56 |
Muramoto Electron Public lagged returns against current returns
Autocorrelation, which is Muramoto Electron 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 Muramoto Electron's stock expected returns. We can calculate the autocorrelation of Muramoto Electron returns to help us make a trade decision. For example, suppose you find that Muramoto Electron 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 |
Muramoto Electron 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 Muramoto Electron stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Muramoto Electron stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Muramoto Electron stock over time.
Current vs Lagged Prices |
| Timeline |
Muramoto Electron Lagged Returns
When evaluating Muramoto Electron's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Muramoto Electron stock have on its future price. Muramoto Electron 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, Muramoto Electron autocorrelation shows the relationship between Muramoto Electron stock current value and its past values and can show if there is a momentum factor associated with investing in Muramoto Electron Public.
Regressed Prices |
| Timeline |
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Muramoto Electron financial ratios help investors to determine whether Muramoto 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 Muramoto with respect to the benefits of owning Muramoto Electron security.