Thai Film (Thailand) Market Value
| TFI Stock | THB 0.08 0.01 14.29% |
| Symbol | Thai |
Thai Film '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 Thai Film'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 Thai Film.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Thai Film on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Thai Film Industries or generate 0.0% return on investment in Thai Film over 30 days. Thai Film is related to or competes with Thai Reinsurance, STPI Public, Siri Prime, and Thoresen Thai. Thai Film Industries Public Company Limited manufactures and sells packaging films in Thailand, rest of Asia, Europe, th... More
Thai Film 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 Thai Film'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 Thai Film Industries upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.83 | |||
| Information Ratio | 0.0765 | |||
| Maximum Drawdown | 29.17 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 14.29 |
Thai Film Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thai Film's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thai Film's standard deviation. In reality, there are many statistical measures that can use Thai Film historical prices to predict the future Thai Film's volatility.| Risk Adjusted Performance | 0.0801 | |||
| Jensen Alpha | 0.6718 | |||
| Total Risk Alpha | (0.63) | |||
| Sortino Ratio | 0.0502 | |||
| Treynor Ratio | 0.986 |
Thai Film Industries Backtested Returns
Thai Film is out of control given 3 months investment horizon. Thai Film Industries owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We were able to collect and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 14.87% are justified by taking the suggested risk. Use Thai Film Industries Coefficient Of Variation of 1076.77, semi deviation of 5.89, and Risk Adjusted Performance of 0.0801 to evaluate company specific risk that cannot be diversified away. Thai Film holds a performance score of 9 on a scale of zero to a hundred. The entity has a beta of 0.78, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Thai Film's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thai Film is expected to be smaller as well. Use Thai Film Industries semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to analyze future returns on Thai Film Industries.
Auto-correlation | -0.33 |
Poor reverse predictability
Thai Film Industries has poor reverse predictability. Overlapping area represents the amount of predictability between Thai Film 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 Thai Film Industries price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Thai Film price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Thai Film Industries lagged returns against current returns
Autocorrelation, which is Thai Film 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 Thai Film's stock expected returns. We can calculate the autocorrelation of Thai Film returns to help us make a trade decision. For example, suppose you find that Thai Film 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 |
Thai Film 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 Thai Film stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thai Film stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Thai Film stock over time.
Current vs Lagged Prices |
| Timeline |
Thai Film Lagged Returns
When evaluating Thai Film's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thai Film stock have on its future price. Thai Film 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, Thai Film autocorrelation shows the relationship between Thai Film stock current value and its past values and can show if there is a momentum factor associated with investing in Thai Film Industries.
Regressed Prices |
| Timeline |
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Thai Film financial ratios help investors to determine whether Thai 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 Thai with respect to the benefits of owning Thai Film security.