Vintcom Technology (Thailand) Market Value
| VCOM Stock | THB 2.46 0.02 0.82% |
| Symbol | Vintcom |
Vintcom Technology '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 Vintcom Technology'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 Vintcom Technology.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Vintcom Technology on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Vintcom Technology PCL or generate 0.0% return on investment in Vintcom Technology over 30 days. Vintcom Technology is related to or competes with SiS Distribution, S P, Synnex Public, SVI Public, and Thanapiriya Public. Vintcom Technology Public Company Limited, together with its subsidiaries, trades in computer and equipment in Thailand More
Vintcom Technology 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 Vintcom Technology'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 Vintcom Technology PCL upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 12.25 | |||
| Value At Risk | (2.29) | |||
| Potential Upside | 3.13 |
Vintcom Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vintcom Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vintcom Technology's standard deviation. In reality, there are many statistical measures that can use Vintcom Technology historical prices to predict the future Vintcom Technology's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.61) |
Vintcom Technology PCL Backtested Returns
Vintcom Technology is out of control given 3 months investment horizon. Vintcom Technology PCL 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 14.14% are justified by taking the suggested risk. Use Vintcom Technology PCL Variance of 3.28, risk adjusted performance of (0.05), and Coefficient Of Variation of (1,356) to evaluate company specific risk that cannot be diversified away. Vintcom Technology holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of 0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vintcom Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vintcom Technology is expected to be smaller as well. Use Vintcom Technology PCL maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to analyze future returns on Vintcom Technology PCL.
Auto-correlation | 0.34 |
Below average predictability
Vintcom Technology PCL has below average predictability. Overlapping area represents the amount of predictability between Vintcom Technology time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Vintcom Technology PCL price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Vintcom Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Vintcom Technology PCL lagged returns against current returns
Autocorrelation, which is Vintcom Technology 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 Vintcom Technology's stock expected returns. We can calculate the autocorrelation of Vintcom Technology returns to help us make a trade decision. For example, suppose you find that Vintcom Technology 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 |
Vintcom Technology 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 Vintcom Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vintcom Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vintcom Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Vintcom Technology Lagged Returns
When evaluating Vintcom Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vintcom Technology stock have on its future price. Vintcom Technology 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, Vintcom Technology autocorrelation shows the relationship between Vintcom Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Vintcom Technology PCL.
Regressed Prices |
| Timeline |
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Vintcom Technology financial ratios help investors to determine whether Vintcom 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 Vintcom with respect to the benefits of owning Vintcom Technology security.