Sun Vending (Thailand) Market Value
| SVT Stock | 1.53 0.01 0.65% |
| Symbol | Sun |
Sun Vending '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 Sun Vending'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 Sun Vending.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in Sun Vending on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding Sun Vending Technology or generate 0.0% return on investment in Sun Vending over 180 days. Sun Vending is related to or competes with Hana Microelectronics, Global Power, Siam Global, and Gulf Energy. More
Sun Vending 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 Sun Vending'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 Sun Vending Technology upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 15.01 | |||
| Value At Risk | (3.07) | |||
| Potential Upside | 2.79 |
Sun Vending Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sun Vending's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sun Vending's standard deviation. In reality, there are many statistical measures that can use Sun Vending historical prices to predict the future Sun Vending's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | 0.0257 | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | 0.0851 |
Sun Vending Technology Backtested Returns
Sun Vending Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0383, which indicates the firm had a -0.0383% return per unit of risk over the last 3 months. Sun Vending Technology exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sun Vending's Coefficient Of Variation of (3,590), variance of 5.03, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The entity has a beta of -0.85, which indicates possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Sun Vending are expected to decrease slowly. On the other hand, during market turmoil, Sun Vending is expected to outperform it slightly. At this point, Sun Vending Technology has a negative expected return of -0.086%. Please make sure to validate Sun Vending's accumulation distribution, day typical price, and the relationship between the skewness and rate of daily change , to decide if Sun Vending Technology performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.3 |
Weak reverse predictability
Sun Vending Technology has weak reverse predictability. Overlapping area represents the amount of predictability between Sun Vending time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 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 Sun Vending Technology price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Sun Vending price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Sun Vending Technology lagged returns against current returns
Autocorrelation, which is Sun Vending 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 Sun Vending's stock expected returns. We can calculate the autocorrelation of Sun Vending returns to help us make a trade decision. For example, suppose you find that Sun Vending 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 |
Sun Vending 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 Sun Vending stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sun Vending stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sun Vending stock over time.
Current vs Lagged Prices |
| Timeline |
Sun Vending Lagged Returns
When evaluating Sun Vending's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sun Vending stock have on its future price. Sun Vending 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, Sun Vending autocorrelation shows the relationship between Sun Vending stock current value and its past values and can show if there is a momentum factor associated with investing in Sun Vending Technology.
Regressed Prices |
| Timeline |
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Sun Vending financial ratios help investors to determine whether Sun 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 Sun with respect to the benefits of owning Sun Vending security.