Saksiam Leasing (Thailand) Market Value
| SAK Stock | THB 5.40 0.10 1.89% |
| Symbol | Saksiam |
Saksiam Leasing '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 Saksiam Leasing'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 Saksiam Leasing.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Saksiam Leasing on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Saksiam Leasing Public or generate 0.0% return on investment in Saksiam Leasing over 30 days. Saksiam Leasing is related to or competes with Srisawad Power, Muangthai Capital, Micro Leasing, Krungthai Card, and AEON Thana. Saksiam Leasing Public Company Limited provides financial services in Thailand More
Saksiam Leasing 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 Saksiam Leasing'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 Saksiam Leasing Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.53 | |||
| Information Ratio | 0.0303 | |||
| Maximum Drawdown | 17.43 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 6.48 |
Saksiam Leasing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Saksiam Leasing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Saksiam Leasing's standard deviation. In reality, there are many statistical measures that can use Saksiam Leasing historical prices to predict the future Saksiam Leasing's volatility.| Risk Adjusted Performance | 0.0608 | |||
| Jensen Alpha | 0.2399 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.0404 | |||
| Treynor Ratio | (1.58) |
Saksiam Leasing Public Backtested Returns
As of now, Saksiam Stock is moderately volatile. Saksiam Leasing Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0561, which indicates the firm had a 0.0561% return per unit of risk over the last 3 months. We have found thirty technical indicators for Saksiam Leasing Public, which you can use to evaluate the volatility of the company. Please validate Saksiam Leasing's Risk Adjusted Performance of 0.0608, semi deviation of 2.18, and Coefficient Of Variation of 1446.27 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. Saksiam Leasing has a performance score of 4 on a scale of 0 to 100. The entity has a beta of -0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Saksiam Leasing are expected to decrease at a much lower rate. During the bear market, Saksiam Leasing is likely to outperform the market. Saksiam Leasing Public right now has a risk of 3.38%. Please validate Saksiam Leasing jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Saksiam Leasing will be following its existing price patterns.
Auto-correlation | -0.01 |
Very weak reverse predictability
Saksiam Leasing Public has very weak reverse predictability. Overlapping area represents the amount of predictability between Saksiam Leasing time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Saksiam Leasing Public price movement. The serial correlation of -0.01 indicates that just 1.0% of current Saksiam Leasing price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Saksiam Leasing Public lagged returns against current returns
Autocorrelation, which is Saksiam Leasing 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 Saksiam Leasing's stock expected returns. We can calculate the autocorrelation of Saksiam Leasing returns to help us make a trade decision. For example, suppose you find that Saksiam Leasing 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 |
Saksiam Leasing 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 Saksiam Leasing stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Saksiam Leasing stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Saksiam Leasing stock over time.
Current vs Lagged Prices |
| Timeline |
Saksiam Leasing Lagged Returns
When evaluating Saksiam Leasing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Saksiam Leasing stock have on its future price. Saksiam Leasing 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, Saksiam Leasing autocorrelation shows the relationship between Saksiam Leasing stock current value and its past values and can show if there is a momentum factor associated with investing in Saksiam Leasing Public.
Regressed Prices |
| Timeline |
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Saksiam Leasing financial ratios help investors to determine whether Saksiam 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 Saksiam with respect to the benefits of owning Saksiam Leasing security.