Tipco Foods (Thailand) Market Value
| TIPCO Stock | THB 9.80 0.05 0.51% |
| Symbol | Tipco |
Tipco Foods '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 Tipco Foods' 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 Tipco Foods.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Tipco Foods on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Tipco Foods Public or generate 0.0% return on investment in Tipco Foods over 30 days. Tipco Foods is related to or competes with Tipco Asphalt, Thai Vegetable, Thai Union, TISCO Financial, and Thanachart Capital. Tipco Foods Public Company Limited produces and distributes processed fruits, fresh fruits, fruit juices, vegetable juic... More
Tipco Foods 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 Tipco Foods' 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 Tipco Foods Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7023 | |||
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 2.56 | |||
| Value At Risk | (0.51) | |||
| Potential Upside | 0.5155 |
Tipco Foods Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tipco Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tipco Foods' standard deviation. In reality, there are many statistical measures that can use Tipco Foods historical prices to predict the future Tipco Foods' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | (0.10) |
Tipco Foods Public Backtested Returns
Tipco Foods is out of control given 3 months investment horizon. Tipco Foods 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 have analyzed twenty-eight different technical indicators, which can help you to evaluate if expected returns of 14.51% are justified by taking the suggested risk. Use Tipco Foods Public Semi Deviation of 0.3185, coefficient of variation of 46288.14, and Risk Adjusted Performance of (0.01) to evaluate company specific risk that cannot be diversified away. Tipco Foods holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of 0.0906, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tipco Foods' returns are expected to increase less than the market. However, during the bear market, the loss of holding Tipco Foods is expected to be smaller as well. Use Tipco Foods Public potential upside, as well as the relationship between the kurtosis and day typical price , to analyze future returns on Tipco Foods Public.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
Tipco Foods Public has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Tipco Foods time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Tipco Foods Public price movement. The serial correlation of -0.79 indicates that around 79.0% of current Tipco Foods price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tipco Foods Public lagged returns against current returns
Autocorrelation, which is Tipco Foods 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 Tipco Foods' stock expected returns. We can calculate the autocorrelation of Tipco Foods returns to help us make a trade decision. For example, suppose you find that Tipco Foods 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 |
Tipco Foods 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 Tipco Foods stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tipco Foods stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tipco Foods stock over time.
Current vs Lagged Prices |
| Timeline |
Tipco Foods Lagged Returns
When evaluating Tipco Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tipco Foods stock have on its future price. Tipco Foods 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, Tipco Foods autocorrelation shows the relationship between Tipco Foods stock current value and its past values and can show if there is a momentum factor associated with investing in Tipco Foods Public.
Regressed Prices |
| Timeline |
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Tipco Foods financial ratios help investors to determine whether Tipco 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 Tipco with respect to the benefits of owning Tipco Foods security.