TISCO Financial (Thailand) Market Value
| TISCO Stock | THB 96.50 0.50 0.52% |
| Symbol | TISCO |
TISCO Financial '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 TISCO Financial'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 TISCO Financial.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in TISCO Financial on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding TISCO Financial Group or generate 0.0% return on investment in TISCO Financial over 690 days. TISCO Financial is related to or competes with Kasikornbank Public, Kiatnakin Phatra, SCB X, Bangkok Bank, and Thanachart Capital. TISCO Financial Group Public Company Limited, together with its subsidiaries, provides commercial banking products and s... More
TISCO Financial 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 TISCO Financial'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 TISCO Financial Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4943 | |||
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 3.35 | |||
| Value At Risk | (0.77) | |||
| Potential Upside | 1.04 |
TISCO Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TISCO Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TISCO Financial's standard deviation. In reality, there are many statistical measures that can use TISCO Financial historical prices to predict the future TISCO Financial's volatility.| Risk Adjusted Performance | 0.0866 | |||
| Jensen Alpha | 0.057 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 6.05 |
TISCO Financial Group Backtested Returns
At this point, TISCO Financial is very steady. TISCO Financial Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0943, which indicates the firm had a 0.0943% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for TISCO Financial Group, which you can use to evaluate the volatility of the company. Please validate TISCO Financial's risk adjusted performance of 0.0866, and Coefficient Of Variation of 853.94 to confirm if the risk estimate we provide is consistent with the expected return of 0.0545%. TISCO Financial has a performance score of 7 on a scale of 0 to 100. The entity has a beta of 0.0096, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TISCO Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding TISCO Financial is expected to be smaller as well. TISCO Financial Group presently has a risk of 0.58%. Please validate TISCO Financial downside variance, as well as the relationship between the accumulation distribution and price action indicator , to decide if TISCO Financial will be following its existing price patterns.
Auto-correlation | 0.38 |
Below average predictability
TISCO Financial Group has below average predictability. Overlapping area represents the amount of predictability between TISCO Financial time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 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 TISCO Financial Group price movement. The serial correlation of 0.38 indicates that just about 38.0% of current TISCO Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 5.93 |
TISCO Financial Group lagged returns against current returns
Autocorrelation, which is TISCO Financial 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 TISCO Financial's stock expected returns. We can calculate the autocorrelation of TISCO Financial returns to help us make a trade decision. For example, suppose you find that TISCO Financial 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 |
TISCO Financial 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 TISCO Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TISCO Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TISCO Financial stock over time.
Current vs Lagged Prices |
| Timeline |
TISCO Financial Lagged Returns
When evaluating TISCO Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TISCO Financial stock have on its future price. TISCO Financial 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, TISCO Financial autocorrelation shows the relationship between TISCO Financial stock current value and its past values and can show if there is a momentum factor associated with investing in TISCO Financial Group.
Regressed Prices |
| Timeline |
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TISCO Financial financial ratios help investors to determine whether TISCO 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 TISCO with respect to the benefits of owning TISCO Financial security.