Sherwood Public (Thailand) Market Value
| SWC Stock | THB 3.04 0.02 0.66% |
| Symbol | Sherwood |
Sherwood 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 Sherwood 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 Sherwood Public.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Sherwood Public on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Sherwood Public or generate 0.0% return on investment in Sherwood Public over 30 days. Sherwood Public is related to or competes with PTT Public, Siam Commercial, Airports, CP ALL, and Advanced Info. Sherwood Corporation Public Company Limited, together with its subsidiaries, manufactures and distributes chemical produ... More
Sherwood 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 Sherwood 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 Sherwood Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 8.32 | |||
| Value At Risk | (3.05) | |||
| Potential Upside | 3.05 |
Sherwood Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sherwood Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sherwood Public's standard deviation. In reality, there are many statistical measures that can use Sherwood Public historical prices to predict the future Sherwood Public's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (2.47) |
Sherwood Public Backtested Returns
Sherwood Public is out of control given 3 months investment horizon. Sherwood Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We were able to break down twenty-two different technical indicators, which can help you to evaluate if expected returns of 13.85% are justified by taking the suggested risk. Use Sherwood Public Coefficient Of Variation of (708.24), risk adjusted performance of (0.10), and Variance of 2.24 to evaluate company specific risk that cannot be diversified away. Sherwood Public holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of 0.0895, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sherwood Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sherwood Public is expected to be smaller as well. Use Sherwood Public jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to analyze future returns on Sherwood Public.
Auto-correlation | 0.48 |
Average predictability
Sherwood Public has average predictability. Overlapping area represents the amount of predictability between Sherwood 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 Sherwood Public price movement. The serial correlation of 0.48 indicates that about 48.0% of current Sherwood Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Sherwood Public lagged returns against current returns
Autocorrelation, which is Sherwood 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 Sherwood Public's stock expected returns. We can calculate the autocorrelation of Sherwood Public returns to help us make a trade decision. For example, suppose you find that Sherwood 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 |
Sherwood 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 Sherwood Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sherwood Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sherwood Public stock over time.
Current vs Lagged Prices |
| Timeline |
Sherwood Public Lagged Returns
When evaluating Sherwood Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sherwood Public stock have on its future price. Sherwood 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, Sherwood Public autocorrelation shows the relationship between Sherwood Public stock current value and its past values and can show if there is a momentum factor associated with investing in Sherwood 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 Sherwood Stock
Sherwood Public financial ratios help investors to determine whether Sherwood 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 Sherwood with respect to the benefits of owning Sherwood Public security.