Team Precision (Thailand) Market Value
| TEAM Stock | THB 2.74 0.02 0.72% |
| Symbol | Team |
Team Precision '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 Team Precision'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 Team Precision.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Team Precision on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Team Precision Public or generate 0.0% return on investment in Team Precision over 30 days. Team Precision is related to or competes with AP Public, Jasmine International, Asia Plus, Bangchak Public, and Bangkok Aviation. Team Precision Public Company Limited, together with its subsidiaries, produces and assembles printed circuit and electr... More
Team Precision 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 Team Precision'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 Team Precision Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 21.35 | |||
| Value At Risk | (4.46) | |||
| Potential Upside | 1.94 |
Team Precision Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Team Precision's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Team Precision's standard deviation. In reality, there are many statistical measures that can use Team Precision historical prices to predict the future Team Precision's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.68) | |||
| Total Risk Alpha | (1.04) | |||
| Treynor Ratio | (0.88) |
Team Precision Public Backtested Returns
Team Precision is out of control given 3 months investment horizon. Team Precision 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 collect data for twenty-three different technical indicators, which can help you to evaluate if expected returns of 13.41% are justified by taking the suggested risk. Use Team Precision Public Coefficient Of Variation of (459.52), risk adjusted performance of (0.16), and Variance of 7.12 to evaluate company specific risk that cannot be diversified away. Team Precision holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of 0.67, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Team Precision's returns are expected to increase less than the market. However, during the bear market, the loss of holding Team Precision is expected to be smaller as well. Use Team Precision Public jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to analyze future returns on Team Precision Public.
Auto-correlation | 0.93 |
Excellent predictability
Team Precision Public has excellent predictability. Overlapping area represents the amount of predictability between Team Precision time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 Team Precision Public price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Team Precision price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Team Precision Public lagged returns against current returns
Autocorrelation, which is Team Precision 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 Team Precision's stock expected returns. We can calculate the autocorrelation of Team Precision returns to help us make a trade decision. For example, suppose you find that Team Precision 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 |
Team Precision 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 Team Precision stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Team Precision stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Team Precision stock over time.
Current vs Lagged Prices |
| Timeline |
Team Precision Lagged Returns
When evaluating Team Precision's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Team Precision stock have on its future price. Team Precision 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, Team Precision autocorrelation shows the relationship between Team Precision stock current value and its past values and can show if there is a momentum factor associated with investing in Team Precision Public.
Regressed Prices |
| Timeline |
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Team Precision financial ratios help investors to determine whether Team 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 Team with respect to the benefits of owning Team Precision security.