Muangthai Capital (Thailand) Market Value
| MTC Stock | THB 49.00 0.50 1.01% |
| Symbol | Muangthai |
Muangthai Capital '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 Muangthai Capital'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 Muangthai Capital.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Muangthai Capital on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Muangthai Capital Public or generate 0.0% return on investment in Muangthai Capital over 30 days. Muangthai Capital is related to or competes with Srisawad Power, Gulf Energy, Krungthai Card, Carabao Group, and Energy Absolute. Muangthai Capital Public Company Limited provides various lending services in Thailand More
Muangthai Capital 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 Muangthai Capital'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 Muangthai Capital Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.04 | |||
| Information Ratio | 0.0033 | |||
| Maximum Drawdown | 9.83 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 3.98 |
Muangthai Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Muangthai Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Muangthai Capital's standard deviation. In reality, there are many statistical measures that can use Muangthai Capital historical prices to predict the future Muangthai Capital's volatility.| Risk Adjusted Performance | 0.0558 | |||
| Jensen Alpha | 0.1581 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0034 | |||
| Treynor Ratio | (0.39) |
Muangthai Capital Public Backtested Returns
Muangthai Capital is out of control given 3 months investment horizon. Muangthai Capital 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 were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 14.68% are justified by taking the suggested risk. Use Muangthai Capital Public Downside Deviation of 2.04, mean deviation of 1.46, and Risk Adjusted Performance of 0.0558 to evaluate company specific risk that cannot be diversified away. Muangthai Capital holds a performance score of 9 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -0.31, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Muangthai Capital are expected to decrease at a much lower rate. During the bear market, Muangthai Capital is likely to outperform the market. Use Muangthai Capital Public downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to analyze future returns on Muangthai Capital Public.
Auto-correlation | -0.86 |
Excellent reverse predictability
Muangthai Capital Public has excellent reverse predictability. Overlapping area represents the amount of predictability between Muangthai Capital time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Muangthai Capital Public price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current Muangthai Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.86 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 1.31 |
Muangthai Capital Public lagged returns against current returns
Autocorrelation, which is Muangthai Capital 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 Muangthai Capital's stock expected returns. We can calculate the autocorrelation of Muangthai Capital returns to help us make a trade decision. For example, suppose you find that Muangthai Capital 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 |
Muangthai Capital 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 Muangthai Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Muangthai Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Muangthai Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Muangthai Capital Lagged Returns
When evaluating Muangthai Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Muangthai Capital stock have on its future price. Muangthai Capital 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, Muangthai Capital autocorrelation shows the relationship between Muangthai Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Muangthai Capital Public.
Regressed Prices |
| Timeline |
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Muangthai Capital financial ratios help investors to determine whether Muangthai 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 Muangthai with respect to the benefits of owning Muangthai Capital security.