VGI Public (Thailand) Market Value
| VGI Stock | THB 2.82 0.10 3.68% |
| Symbol | VGI |
VGI Public '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 VGI Public'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 VGI Public.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in VGI Public on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding VGI Public or generate 0.0% return on investment in VGI Public over 180 days. VGI Public is related to or competes with BTS Group, WHA Public, Plan B, Gulf Energy, and Bangkok Expressway. VGI Global Media Public Company Limited provides integrated offline-to-online solutions for clients in Thailand More
VGI Public 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 VGI Public'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 VGI Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.08 | |||
| Information Ratio | 0.0271 | |||
| Maximum Drawdown | 24.6 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 7.38 |
VGI Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for VGI Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VGI Public's standard deviation. In reality, there are many statistical measures that can use VGI Public historical prices to predict the future VGI Public's volatility.| Risk Adjusted Performance | 0.0521 | |||
| Jensen Alpha | 0.2517 | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | 0.0222 | |||
| Treynor Ratio | (1.11) |
VGI Public Backtested Returns
VGI Public is out of control given 3 months investment horizon. VGI Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of volatility 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 14.48% are justified by taking the suggested risk. Use VGI Public coefficient of variation of 1744.45, and Risk Adjusted Performance of 0.0521 to evaluate company specific risk that cannot be diversified away. VGI Public holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of -0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning VGI Public are expected to decrease at a much lower rate. During the bear market, VGI Public is likely to outperform the market. Use VGI Public total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to analyze future returns on VGI Public.
Auto-correlation | -0.06 |
Very weak reverse predictability
VGI Public has very weak reverse predictability. Overlapping area represents the amount of predictability between VGI Public time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 2024 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 VGI Public price movement. The serial correlation of -0.06 indicates that barely 6.0% of current VGI Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
VGI Public lagged returns against current returns
Autocorrelation, which is VGI Public 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 VGI Public's stock expected returns. We can calculate the autocorrelation of VGI Public returns to help us make a trade decision. For example, suppose you find that VGI Public 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 |
VGI Public 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 VGI Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VGI Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in VGI Public stock over time.
Current vs Lagged Prices |
| Timeline |
VGI Public Lagged Returns
When evaluating VGI Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VGI Public stock have on its future price. VGI Public 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, VGI Public autocorrelation shows the relationship between VGI Public stock current value and its past values and can show if there is a momentum factor associated with investing in VGI Public.
Regressed Prices |
| Timeline |
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VGI Public financial ratios help investors to determine whether VGI 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 VGI with respect to the benefits of owning VGI Public security.