Regional Container (Thailand) Market Value
| RCL Stock | THB 26.00 0.50 1.89% |
| Symbol | Regional |
Regional Container '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 Regional Container'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 Regional Container.
| 09/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Regional Container on September 23, 2024 and sell it all today you would earn a total of 0.00 from holding Regional Container Lines or generate 0.0% return on investment in Regional Container over 60 days. Regional Container is related to or competes with Tata Steel, Thaifoods Group, TMT Steel, Erawan, Airports, Eastern Technical, and Pylon Public. Regional Container Lines Public Company Limited, together with its subsidiaries, owns, operates, and manages ships in No... More
Regional Container 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 Regional Container'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 Regional Container Lines upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.37 | |||
| Information Ratio | 0.0591 | |||
| Maximum Drawdown | 17.32 | |||
| Value At Risk | (3.77) | |||
| Potential Upside | 3.97 |
Regional Container Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Regional Container's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Regional Container's standard deviation. In reality, there are many statistical measures that can use Regional Container historical prices to predict the future Regional Container's volatility.| Risk Adjusted Performance | 0.0772 | |||
| Jensen Alpha | 0.3347 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0859 | |||
| Treynor Ratio | (0.94) |
Regional Container Lines Backtested Returns
Regional Container appears to be not too volatile, given 3 months investment horizon. Regional Container Lines maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Regional Container Lines, which you can use to evaluate the volatility of the company. Please evaluate Regional Container's Risk Adjusted Performance of 0.0772, semi deviation of 2.0, and Coefficient Of Variation of 1098.78 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Regional Container holds a performance score of 8. The company holds a Beta of -0.32, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Regional Container are expected to decrease at a much lower rate. During the bear market, Regional Container is likely to outperform the market. Please check Regional Container's coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to make a quick decision on whether Regional Container's historical price patterns will revert.
Auto-correlation | -0.69 |
Very good reverse predictability
Regional Container Lines has very good reverse predictability. Overlapping area represents the amount of predictability between Regional Container time series from 23rd of September 2024 to 23rd of October 2024 and 23rd of October 2024 to 22nd 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 Regional Container Lines price movement. The serial correlation of -0.69 indicates that around 69.0% of current Regional Container price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 1.42 |
Regional Container Lines lagged returns against current returns
Autocorrelation, which is Regional Container 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 Regional Container's stock expected returns. We can calculate the autocorrelation of Regional Container returns to help us make a trade decision. For example, suppose you find that Regional Container 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 |
Regional Container 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 Regional Container stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Regional Container stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Regional Container stock over time.
Current vs Lagged Prices |
| Timeline |
Regional Container Lagged Returns
When evaluating Regional Container's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Regional Container stock have on its future price. Regional Container 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, Regional Container autocorrelation shows the relationship between Regional Container stock current value and its past values and can show if there is a momentum factor associated with investing in Regional Container Lines.
Regressed Prices |
| Timeline |
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Regional Container financial ratios help investors to determine whether Regional 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 Regional with respect to the benefits of owning Regional Container security.