Thaitheparos Public (Thailand) Market Value
| SAUCE Stock | THB 39.25 0.25 0.64% |
| Symbol | Thaitheparos |
Thaitheparos 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 Thaitheparos 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 Thaitheparos Public.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Thaitheparos Public on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Thaitheparos Public or generate 0.0% return on investment in Thaitheparos Public over 30 days. Thaitheparos Public is related to or competes with Thai Union, Thai Vegetable, Ichitan Group, Haad Thip, and SP Syndicate. Thaitheparos Public Company Limited manufactures and distributes sauces and condiments in Thailand and internationally More
Thaitheparos 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 Thaitheparos 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 Thaitheparos Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 23.58 | |||
| Information Ratio | 0.1111 | |||
| Maximum Drawdown | 1001.27 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 1.23 |
Thaitheparos Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thaitheparos Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thaitheparos Public's standard deviation. In reality, there are many statistical measures that can use Thaitheparos Public historical prices to predict the future Thaitheparos Public's volatility.| Risk Adjusted Performance | 0.0957 | |||
| Jensen Alpha | 16.46 | |||
| Total Risk Alpha | (6.95) | |||
| Sortino Ratio | 0.5975 | |||
| Treynor Ratio | (0.81) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Thaitheparos Public's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Thaitheparos Public Backtested Returns
Thaitheparos Public is out of control given 3 months investment horizon. Thaitheparos Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have analyzed thirty different technical indicators, which can help you to evaluate if expected returns of 14.23% are justified by taking the suggested risk. Use Thaitheparos Public Coefficient Of Variation of 891.41, risk adjusted performance of 0.0957, and Semi Deviation of 12.24 to evaluate company specific risk that cannot be diversified away. Thaitheparos Public holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of -17.57, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Thaitheparos Public are expected to decrease by larger amounts. On the other hand, during market turmoil, Thaitheparos Public is expected to outperform it. Use Thaitheparos Public maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to analyze future returns on Thaitheparos Public.
Auto-correlation | 0.32 |
Below average predictability
Thaitheparos Public has below average predictability. Overlapping area represents the amount of predictability between Thaitheparos Public time series from 31st of October 2024 to 15th of November 2024 and 15th of November 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 Thaitheparos Public price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Thaitheparos Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Thaitheparos Public lagged returns against current returns
Autocorrelation, which is Thaitheparos 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 Thaitheparos Public's stock expected returns. We can calculate the autocorrelation of Thaitheparos Public returns to help us make a trade decision. For example, suppose you find that Thaitheparos 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 |
Thaitheparos 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 Thaitheparos Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thaitheparos Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Thaitheparos Public stock over time.
Current vs Lagged Prices |
| Timeline |
Thaitheparos Public Lagged Returns
When evaluating Thaitheparos Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thaitheparos Public stock have on its future price. Thaitheparos 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, Thaitheparos Public autocorrelation shows the relationship between Thaitheparos Public stock current value and its past values and can show if there is a momentum factor associated with investing in Thaitheparos Public.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Thaitheparos Stock
Thaitheparos Public financial ratios help investors to determine whether Thaitheparos 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 Thaitheparos with respect to the benefits of owning Thaitheparos Public security.