RS Public (Thailand) Market Value
| RS-R Stock | 5.70 0.05 0.87% |
| Symbol | RS-R |
RS 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 RS 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 RS Public.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in RS Public on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding RS Public or generate 0.0% return on investment in RS Public over 540 days. RS Public is related to or competes with Major Cineplex, Yggdrazil Group, Erawan, Autocorp Holding, XSpring Capital, and Jay Mart. More
RS 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 RS 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 RS Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 50.0 | |||
| Value At Risk | (1.54) |
RS Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for RS Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as RS Public's standard deviation. In reality, there are many statistical measures that can use RS Public historical prices to predict the future RS Public's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.81) | |||
| Total Risk Alpha | (1.96) | |||
| Treynor Ratio | (4.79) |
RS Public Backtested Returns
RS Public is out of control given 3 months investment horizon. RS Public retains Efficiency (Sharpe Ratio) of 0.16, which implies the firm had a 0.16% return per unit of price deviation over the last 3 months. We were able to collect data for twenty-one different technical indicators, which can help you to evaluate if expected returns of 28.55% are justified by taking the suggested risk. Use RS Public information ratio of (0.13), and Market Risk Adjusted Performance of (4.78) to evaluate company specific risk that cannot be diversified away. RS Public holds a performance score of 12 on a scale of zero to a hundred. The company owns a Beta (Systematic Risk) of 0.16, which implies not very significant fluctuations relative to the market. As returns on the market increase, RS Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding RS Public is expected to be smaller as well. Use RS Public coefficient of variation, variance, and the relationship between the mean deviation and standard deviation , to analyze future returns on RS Public.
Auto-correlation | -0.19 |
Insignificant reverse predictability
RS Public has insignificant reverse predictability. Overlapping area represents the amount of predictability between RS Public time series from 9th of June 2023 to 5th of March 2024 and 5th of March 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 RS Public price movement. The serial correlation of -0.19 indicates that over 19.0% of current RS Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 14.03 |
RS Public lagged returns against current returns
Autocorrelation, which is RS 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 RS Public's stock expected returns. We can calculate the autocorrelation of RS Public returns to help us make a trade decision. For example, suppose you find that RS 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 |
RS 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 RS Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if RS Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in RS Public stock over time.
Current vs Lagged Prices |
| Timeline |
RS Public Lagged Returns
When evaluating RS Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of RS Public stock have on its future price. RS 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, RS Public autocorrelation shows the relationship between RS Public stock current value and its past values and can show if there is a momentum factor associated with investing in RS Public.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in RS-R Stock
RS Public financial ratios help investors to determine whether RS-R 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 RS-R with respect to the benefits of owning RS Public security.