Siam Wellness (Thailand) Market Value
| SPA Stock | THB 7.20 0.10 1.37% |
| Symbol | Siam |
Siam Wellness '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 Wellness' 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 Siam Wellness.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Siam Wellness on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Siam Wellness Group or generate 0.0% return on investment in Siam Wellness over 540 days. Siam Wellness is related to or competes with Minor International, Central Plaza, Erawan, After You, and Bangkok Dusit. Siam Wellness Group Public Company Limited, together with its subsidiaries, provides spa services More
Siam Wellness 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 Wellness' 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 Siam Wellness Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.25 | |||
| Information Ratio | 0.038 | |||
| Maximum Drawdown | 10.83 | |||
| Value At Risk | (2.90) | |||
| Potential Upside | 5.19 |
Siam Wellness Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Siam Wellness' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Siam Wellness' standard deviation. In reality, there are many statistical measures that can use Siam Wellness historical prices to predict the future Siam Wellness' volatility.| Risk Adjusted Performance | 0.0767 | |||
| Jensen Alpha | 0.2483 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0397 | |||
| Treynor Ratio | (0.54) |
Siam Wellness Group Backtested Returns
As of now, Siam Stock is somewhat reliable. Siam Wellness Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0834, which indicates the firm had a 0.0834% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Siam Wellness Group, which you can use to evaluate the volatility of the company. Please validate Siam Wellness' Semi Deviation of 1.7, risk adjusted performance of 0.0767, and Coefficient Of Variation of 1095.92 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. Siam Wellness has a performance score of 6 on a scale of 0 to 100. The entity has a beta of -0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Siam Wellness are expected to decrease at a much lower rate. During the bear market, Siam Wellness is likely to outperform the market. Siam Wellness Group right now has a risk of 2.24%. Please validate Siam Wellness semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to decide if Siam Wellness will be following its existing price patterns.
Auto-correlation | -0.47 |
Modest reverse predictability
Siam Wellness Group has modest reverse predictability. Overlapping area represents the amount of predictability between Siam Wellness time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Wellness Group price movement. The serial correlation of -0.47 indicates that about 47.0% of current Siam Wellness price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.72 |
Siam Wellness Group lagged returns against current returns
Autocorrelation, which is Siam Wellness 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 Siam Wellness' stock expected returns. We can calculate the autocorrelation of Siam Wellness returns to help us make a trade decision. For example, suppose you find that Siam Wellness 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 |
Siam Wellness 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 Wellness stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Siam Wellness stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Siam Wellness stock over time.
Current vs Lagged Prices |
| Timeline |
Siam Wellness Lagged Returns
When evaluating Siam Wellness' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Siam Wellness stock have on its future price. Siam Wellness 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 Wellness autocorrelation shows the relationship between Siam Wellness stock current value and its past values and can show if there is a momentum factor associated with investing in Siam Wellness Group.
Regressed Prices |
| Timeline |
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Siam Wellness financial ratios help investors to determine whether Siam 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 Siam with respect to the benefits of owning Siam Wellness security.