Sabina Public (Thailand) Market Value
| SABINA Stock | THB 21.20 0.20 0.95% |
| Symbol | Sabina |
Sabina 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 Sabina 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 Sabina Public.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Sabina Public on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Sabina Public or generate 0.0% return on investment in Sabina Public over 360 days. Sabina Public is related to or competes with MK Restaurant, Quality Houses, SiS Distribution, Ratchthani Leasing, and PTG Energy. Sabina Public Company Limited, together with its subsidiary Sabina Fareast Company Limited, manufactures and distributes... More
Sabina 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 Sabina 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 Sabina Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 6.98 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 1.4 |
Sabina Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sabina Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sabina Public's standard deviation. In reality, there are many statistical measures that can use Sabina Public historical prices to predict the future Sabina Public's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | 0.8963 |
Sabina Public Backtested Returns
Sabina Public owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0441, which indicates the firm had a -0.0441% return per unit of risk over the last 3 months. Sabina Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sabina Public's Coefficient Of Variation of (2,321), variance of 1.05, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The entity has a beta of -0.0603, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sabina Public are expected to decrease at a much lower rate. During the bear market, Sabina Public is likely to outperform the market. At this point, Sabina Public has a negative expected return of -0.0461%. Please make sure to validate Sabina Public's potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if Sabina Public performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.08 |
Very weak reverse predictability
Sabina Public has very weak reverse predictability. Overlapping area represents the amount of predictability between Sabina Public time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd of December 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 Sabina Public price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Sabina Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 4.84 |
Sabina Public lagged returns against current returns
Autocorrelation, which is Sabina 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 Sabina Public's stock expected returns. We can calculate the autocorrelation of Sabina Public returns to help us make a trade decision. For example, suppose you find that Sabina 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 |
Sabina 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 Sabina Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sabina Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sabina Public stock over time.
Current vs Lagged Prices |
| Timeline |
Sabina Public Lagged Returns
When evaluating Sabina Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sabina Public stock have on its future price. Sabina 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, Sabina Public autocorrelation shows the relationship between Sabina Public stock current value and its past values and can show if there is a momentum factor associated with investing in Sabina Public.
Regressed Prices |
| Timeline |
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Sabina Public financial ratios help investors to determine whether Sabina 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 Sabina with respect to the benefits of owning Sabina Public security.