Susco Public (Thailand) Market Value
| SUSCO Stock | THB 3.02 0.02 0.67% |
| Symbol | Susco |
Susco 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 Susco 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 Susco Public.
| 11/06/2023 |
| 11/30/2024 |
If you would invest 0.00 in Susco Public on November 6, 2023 and sell it all today you would earn a total of 0.00 from holding Susco Public or generate 0.0% return on investment in Susco Public over 390 days. Susco Public is related to or competes with Sawang Export, Grande Hospitality, City Steel, Prime Office, and HEMARAJ INDUSTRIAL. Susco Public Company Limited engages in the wholesale and retail of fuel products in Thailand, Cambodia, Myanmar, Laos, ... More
Susco 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 Susco 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 Susco Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 5.39 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 1.74 |
Susco Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Susco Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Susco Public's standard deviation. In reality, there are many statistical measures that can use Susco Public historical prices to predict the future Susco Public's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | 0.3933 |
Susco Public Backtested Returns
Susco Public owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Susco Public exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Susco Public's Risk Adjusted Performance of (0.09), variance of 1.08, and Coefficient Of Variation of (868.49) to confirm the risk estimate we provide. The entity has a beta of -0.33, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Susco Public are expected to decrease at a much lower rate. During the bear market, Susco Public is likely to outperform the market. At this point, Susco Public has a negative expected return of -0.13%. Please make sure to validate Susco Public's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Susco Public performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.37 |
Below average predictability
Susco Public has below average predictability. Overlapping area represents the amount of predictability between Susco Public time series from 6th of November 2023 to 19th of May 2024 and 19th of May 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 Susco Public price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Susco Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Susco Public lagged returns against current returns
Autocorrelation, which is Susco 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 Susco Public's stock expected returns. We can calculate the autocorrelation of Susco Public returns to help us make a trade decision. For example, suppose you find that Susco 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 |
Susco 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 Susco Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Susco Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Susco Public stock over time.
Current vs Lagged Prices |
| Timeline |
Susco Public Lagged Returns
When evaluating Susco Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Susco Public stock have on its future price. Susco 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, Susco Public autocorrelation shows the relationship between Susco Public stock current value and its past values and can show if there is a momentum factor associated with investing in Susco Public.
Regressed Prices |
| Timeline |
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Susco Public financial ratios help investors to determine whether Susco 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 Susco with respect to the benefits of owning Susco Public security.