Supalai Public (Thailand) Market Value
| SPALI-R Stock | THB 19.00 0.03 0.16% |
| Symbol | Supalai |
Supalai 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 Supalai 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 Supalai Public.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Supalai Public on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Supalai Public or generate 0.0% return on investment in Supalai Public over 690 days. Supalai Public is related to or competes with Frasers Property, Asset Five, PINTHONG INDUSTRIAL, and Arinsiri Land. Supalai Public Company Limited, together with its subsidiaries, operates real estate development projects for living and commercial purposes primarily in Thailand, the Philippines, and Australia. More
Supalai 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 Supalai 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 Supalai Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.019 | |||
| Maximum Drawdown | 31.5 | |||
| Potential Upside | 0.6663 |
Supalai Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Supalai Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Supalai Public's standard deviation. In reality, there are many statistical measures that can use Supalai Public historical prices to predict the future Supalai Public's volatility.| Risk Adjusted Performance | 0.0536 | |||
| Jensen Alpha | 0.2463 | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.27) |
Supalai Public Backtested Returns
Supalai Public is out of control given 3 months investment horizon. Supalai Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-two different technical indicators, which can help you to evaluate if expected returns of 28.76% are justified by taking the suggested risk. Use Supalai Public Variance of 9.28, risk adjusted performance of 0.0536, and Coefficient Of Variation of 1661.16 to evaluate company specific risk that cannot be diversified away. Supalai Public holds a performance score of 12 on a scale of zero to a hundred. The entity has a beta of -0.63, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Supalai Public are expected to decrease at a much lower rate. During the bear market, Supalai Public is likely to outperform the market. Use Supalai Public kurtosis, as well as the relationship between the day median price and period momentum indicator , to analyze future returns on Supalai Public.
Auto-correlation | 0.07 |
Virtually no predictability
Supalai Public has virtually no predictability. Overlapping area represents the amount of predictability between Supalai Public time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 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 Supalai Public price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Supalai Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 4.01 |
Supalai Public lagged returns against current returns
Autocorrelation, which is Supalai 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 Supalai Public's stock expected returns. We can calculate the autocorrelation of Supalai Public returns to help us make a trade decision. For example, suppose you find that Supalai 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 |
Supalai 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 Supalai Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Supalai Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Supalai Public stock over time.
Current vs Lagged Prices |
| Timeline |
Supalai Public Lagged Returns
When evaluating Supalai Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Supalai Public stock have on its future price. Supalai 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, Supalai Public autocorrelation shows the relationship between Supalai Public stock current value and its past values and can show if there is a momentum factor associated with investing in Supalai Public.
Regressed Prices |
| Timeline |
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When running Supalai Public's price analysis, check to measure Supalai Public's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Supalai Public is operating at the current time. Most of Supalai Public's value examination focuses on studying past and present price action to predict the probability of Supalai Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Supalai Public's price. Additionally, you may evaluate how the addition of Supalai Public to your portfolios can decrease your overall portfolio volatility.