Salee Printing (Thailand) Market Value
| SLP Stock | THB 0.46 0.02 4.17% |
| Symbol | Salee |
Salee Printing '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 Salee Printing'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 Salee Printing.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Salee Printing on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Salee Printing Public or generate 0.0% return on investment in Salee Printing over 180 days. Salee Printing is related to or competes with S Pack, Sahamitr Pressure, Srithai Superware, Sahamit Machinery, and Seafco Public. Salee Printing Public Company Limited provides label printing services in Thailand, Myanmar, and internationally More
Salee Printing 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 Salee Printing'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 Salee Printing Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.62 | |||
| Information Ratio | 0.0293 | |||
| Maximum Drawdown | 15.62 | |||
| Value At Risk | (4.26) | |||
| Potential Upside | 4.76 |
Salee Printing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Salee Printing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Salee Printing's standard deviation. In reality, there are many statistical measures that can use Salee Printing historical prices to predict the future Salee Printing's volatility.| Risk Adjusted Performance | 0.0637 | |||
| Jensen Alpha | 0.2104 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0238 | |||
| Treynor Ratio | (6.82) |
Salee Printing Public Backtested Returns
Salee Printing is out of control given 3 months investment horizon. Salee Printing 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 interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 14.55% are justified by taking the suggested risk. Use Salee Printing Public Risk Adjusted Performance of 0.0637, semi deviation of 2.18, and Coefficient Of Variation of 1357.24 to evaluate company specific risk that cannot be diversified away. Salee Printing holds a performance score of 9 on a scale of zero to a hundred. The entity has a beta of -0.0303, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Salee Printing are expected to decrease at a much lower rate. During the bear market, Salee Printing is likely to outperform the market. Use Salee Printing Public jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to analyze future returns on Salee Printing Public.
Auto-correlation | -0.24 |
Weak reverse predictability
Salee Printing Public has weak reverse predictability. Overlapping area represents the amount of predictability between Salee Printing time series from 31st of May 2024 to 29th of August 2024 and 29th of August 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 Salee Printing Public price movement. The serial correlation of -0.24 indicates that over 24.0% of current Salee Printing price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Salee Printing Public lagged returns against current returns
Autocorrelation, which is Salee Printing 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 Salee Printing's stock expected returns. We can calculate the autocorrelation of Salee Printing returns to help us make a trade decision. For example, suppose you find that Salee Printing 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 |
Salee Printing 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 Salee Printing stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Salee Printing stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Salee Printing stock over time.
Current vs Lagged Prices |
| Timeline |
Salee Printing Lagged Returns
When evaluating Salee Printing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Salee Printing stock have on its future price. Salee Printing 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, Salee Printing autocorrelation shows the relationship between Salee Printing stock current value and its past values and can show if there is a momentum factor associated with investing in Salee Printing Public.
Regressed Prices |
| Timeline |
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Salee Printing financial ratios help investors to determine whether Salee 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 Salee with respect to the benefits of owning Salee Printing security.