Sea Oil (Thailand) Market Value
| SEAOIL Stock | THB 2.70 0.02 0.74% |
| Symbol | Sea |
Sea Oil '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 Sea Oil'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 Sea Oil.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Sea Oil on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Sea Oil Public or generate 0.0% return on investment in Sea Oil over 30 days. Sea Oil is related to or competes with Star Petroleum, Power Solution, Kingsmen CMTI, and Project Planning. Sea Oil Public Company Limited engages in the retail sale of fuel and lubricant oils, and related products primarily for... More
Sea Oil 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 Sea Oil'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 Sea Oil Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.59 | |||
| Information Ratio | 0.0876 | |||
| Maximum Drawdown | 9.04 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 2.61 |
Sea Oil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sea Oil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sea Oil's standard deviation. In reality, there are many statistical measures that can use Sea Oil historical prices to predict the future Sea Oil's volatility.| Risk Adjusted Performance | 0.1358 | |||
| Jensen Alpha | 0.2768 | |||
| Total Risk Alpha | 0.0111 | |||
| Sortino Ratio | 0.0862 | |||
| Treynor Ratio | (1.60) |
Sea Oil Public Backtested Returns
Sea Oil is out of control given 3 months investment horizon. Sea Oil 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 were able to analyze thirty different technical indicators, which can help you to evaluate if expected returns of 14.46% are justified by taking the suggested risk. Use Sea Oil Public Coefficient Of Variation of 584.77, risk adjusted performance of 0.1358, and Semi Deviation of 0.9776 to evaluate company specific risk that cannot be diversified away. Sea Oil holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of -0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sea Oil are expected to decrease at a much lower rate. During the bear market, Sea Oil is likely to outperform the market. Use Sea Oil Public downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to analyze future returns on Sea Oil Public.
Auto-correlation | 0.00 |
No correlation between past and present
Sea Oil Public has no correlation between past and present. Overlapping area represents the amount of predictability between Sea Oil time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Sea Oil Public price movement. The serial correlation of 0.0 indicates that just 0.0% of current Sea Oil price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sea Oil Public lagged returns against current returns
Autocorrelation, which is Sea Oil 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 Sea Oil's stock expected returns. We can calculate the autocorrelation of Sea Oil returns to help us make a trade decision. For example, suppose you find that Sea Oil 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 |
Sea Oil 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 Sea Oil stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sea Oil stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sea Oil stock over time.
Current vs Lagged Prices |
| Timeline |
Sea Oil Lagged Returns
When evaluating Sea Oil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sea Oil stock have on its future price. Sea Oil 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, Sea Oil autocorrelation shows the relationship between Sea Oil stock current value and its past values and can show if there is a momentum factor associated with investing in Sea Oil Public.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in Sea Stock
Sea Oil financial ratios help investors to determine whether Sea 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 Sea with respect to the benefits of owning Sea Oil security.