The Siam Cement Stock Market Value
| SCVPF Stock | USD 7.18 0.00 0.00% |
| Symbol | Siam |
Siam Cement '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 Siam Cement's pink sheet 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 Siam Cement.
| 11/06/2023 |
| 11/30/2024 |
If you would invest 0.00 in Siam Cement on November 6, 2023 and sell it all today you would earn a total of 0.00 from holding The Siam Cement or generate 0.0% return on investment in Siam Cement over 390 days. Siam Cement is related to or competes with FTAI Infrastructure, RCM Technologies, NN, Tejon Ranch, and Matthews International. More
Siam Cement 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 Siam Cement's pink sheet 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 The Siam Cement upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.076 | |||
| Maximum Drawdown | 22.64 |
Siam Cement Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Siam Cement's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Siam Cement's standard deviation. In reality, there are many statistical measures that can use Siam Cement historical prices to predict the future Siam Cement's volatility.| Risk Adjusted Performance | 0.1031 | |||
| Jensen Alpha | 0.2588 | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | 0.5376 |
Siam Cement Backtested Returns
Siam Cement appears to be somewhat reliable, given 3 months investment horizon. Siam Cement owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have found seventeen technical indicators for The Siam Cement, which you can use to evaluate the volatility of the company. Please review Siam Cement's Coefficient Of Variation of 797.53, risk adjusted performance of 0.1031, and Variance of 7.77 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Siam Cement holds a performance score of 10. The entity has a beta of 0.63, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Siam Cement's returns are expected to increase less than the market. However, during the bear market, the loss of holding Siam Cement is expected to be smaller as well. Please check Siam Cement's coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and day typical price , to make a quick decision on whether Siam Cement's existing price patterns will revert.
Auto-correlation | -0.38 |
Poor reverse predictability
The Siam Cement has poor reverse predictability. Overlapping area represents the amount of predictability between Siam Cement time series from 6th of November 2023 to 19th of May 2024 and 19th of May 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 Siam Cement price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Siam Cement price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
Siam Cement lagged returns against current returns
Autocorrelation, which is Siam Cement pink sheet'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 Siam Cement's pink sheet expected returns. We can calculate the autocorrelation of Siam Cement returns to help us make a trade decision. For example, suppose you find that Siam Cement has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Siam Cement 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 Siam Cement pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Siam Cement pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Siam Cement pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Siam Cement Lagged Returns
When evaluating Siam Cement's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Siam Cement pink sheet have on its future price. Siam Cement 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, Siam Cement autocorrelation shows the relationship between Siam Cement pink sheet current value and its past values and can show if there is a momentum factor associated with investing in The Siam Cement.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Siam Pink Sheet
Siam Cement financial ratios help investors to determine whether Siam Pink Sheet 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 Siam with respect to the benefits of owning Siam Cement security.