OCC Public (Thailand) Market Value
| OCC Stock | THB 9.00 0.05 0.56% |
| Symbol | OCC |
OCC 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 OCC 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 OCC Public.
| 02/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in OCC Public on February 9, 2023 and sell it all today you would earn a total of 0.00 from holding OCC Public or generate 0.0% return on investment in OCC Public over 660 days. OCC Public is related to or competes with TRC Construction, Bangkok Expressway, Lohakit Metal, Gunkul Engineering, AJ Plast, Kiatnakin Phatra, and RS Public. Public Company Limited distributes cosmetics, clothes, musical equipment, and beauty accessories primarily in Thailand More
OCC 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 OCC 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 OCC Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.22 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 5.5 | |||
| Value At Risk | (2.15) | |||
| Potential Upside | 1.64 |
OCC Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OCC Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OCC Public's standard deviation. In reality, there are many statistical measures that can use OCC Public historical prices to predict the future OCC Public's volatility.| Risk Adjusted Performance | 0.012 | |||
| Jensen Alpha | 0.0046 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.13) |
OCC Public Backtested Returns
OCC Public is out of control given 3 months investment horizon. OCC Public retains Efficiency (Sharpe Ratio) of 0.11, which implies the company 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 14.3% are justified by taking the suggested risk. Use OCC Public semi deviation of 0.7233, and Market Risk Adjusted Performance of (0.12) to evaluate company specific risk that cannot be diversified away. OCC Public holds a performance score of 8 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of -0.0182, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning OCC Public are expected to decrease at a much lower rate. During the bear market, OCC Public is likely to outperform the market. Use OCC Public semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to analyze future returns on OCC Public.
Auto-correlation | 0.00 |
No correlation between past and present
OCC Public has no correlation between past and present. Overlapping area represents the amount of predictability between OCC Public time series from 9th of February 2023 to 5th of January 2024 and 5th of January 2024 to 30th 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 OCC Public price movement. The serial correlation of 0.0 indicates that just 0.0% of current OCC Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.87 |
OCC Public lagged returns against current returns
Autocorrelation, which is OCC 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 OCC Public's stock expected returns. We can calculate the autocorrelation of OCC Public returns to help us make a trade decision. For example, suppose you find that OCC 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 |
OCC 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 OCC Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OCC Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OCC Public stock over time.
Current vs Lagged Prices |
| Timeline |
OCC Public Lagged Returns
When evaluating OCC Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OCC Public stock have on its future price. OCC 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, OCC Public autocorrelation shows the relationship between OCC Public stock current value and its past values and can show if there is a momentum factor associated with investing in OCC Public.
Regressed Prices |
| Timeline |
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OCC Public financial ratios help investors to determine whether OCC 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 OCC with respect to the benefits of owning OCC Public security.