Supalai Public (Thailand) Market Value
| SPALI Stock | THB 19.00 0.20 1.04% |
| 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.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Supalai Public on October 31, 2024 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 30 days. Supalai Public is related to or competes with Land, Bangkok Bank, and Charoen Pokphand. Supalai Public Company Limited, together with its subsidiaries, engages in the development of real estate projects for l... 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.
| Downside Deviation | 1.78 | |||
| Information Ratio | 0.0306 | |||
| Maximum Drawdown | 10.0 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 3.78 |
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 | 0.086 | |||
| Jensen Alpha | 0.1814 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.032 | |||
| Treynor Ratio | 7.69 |
Supalai Public Backtested Returns
At this point, Supalai Public is very steady. Supalai Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0837, which indicates the firm had a 0.0837% return per unit of risk over the last 3 months. We have found thirty technical indicators for Supalai Public, which you can use to evaluate the volatility of the company. Please validate Supalai Public's Coefficient Of Variation of 954.55, risk adjusted performance of 0.086, and Semi Deviation of 1.44 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Supalai Public has a performance score of 6 on a scale of 0 to 100. The entity has a beta of 0.024, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Supalai Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding Supalai Public is expected to be smaller as well. Supalai Public right now has a risk of 1.84%. Please validate Supalai Public maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to decide if Supalai Public will be following its existing price patterns.
Auto-correlation | 0.44 |
Average predictability
Supalai Public has average predictability. Overlapping area represents the amount of predictability between Supalai Public time series from 31st of October 2024 to 15th of November 2024 and 15th of November 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 Supalai Public price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Supalai Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Supalai Stock
Supalai Public financial ratios help investors to determine whether Supalai 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 Supalai with respect to the benefits of owning Supalai Public security.