Vichitbhan Palmoil (Thailand) Market Value
| VPO Stock | THB 0.65 0.03 4.84% |
| Symbol | Vichitbhan |
Vichitbhan Palmoil '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 Vichitbhan Palmoil'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 Vichitbhan Palmoil.
| 03/05/2024 |
| 11/30/2024 |
If you would invest 0.00 in Vichitbhan Palmoil on March 5, 2024 and sell it all today you would earn a total of 0.00 from holding Vichitbhan Palmoil Public or generate 0.0% return on investment in Vichitbhan Palmoil over 270 days. Vichitbhan Palmoil is related to or competes with Chumporn Palm, Taokaenoi Food, Tata Steel, Wave Entertainment, and Univanich Palm. Vichitbhan Palmoil Public Company Limited produces and distributes crude palm oil and palm Kernel products in Thailand More
Vichitbhan Palmoil 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 Vichitbhan Palmoil'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 Vichitbhan Palmoil Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.4 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 22.45 | |||
| Value At Risk | (5.97) | |||
| Potential Upside | 6.15 |
Vichitbhan Palmoil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vichitbhan Palmoil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vichitbhan Palmoil's standard deviation. In reality, there are many statistical measures that can use Vichitbhan Palmoil historical prices to predict the future Vichitbhan Palmoil's volatility.| Risk Adjusted Performance | 0.0098 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.67) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0) |
Vichitbhan Palmoil Public Backtested Returns
Vichitbhan Palmoil is out of control given 3 months investment horizon. Vichitbhan Palmoil 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 were able to break down and interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 14.21% are justified by taking the suggested risk. Use Vichitbhan Palmoil Public Risk Adjusted Performance of 0.0098, semi deviation of 3.25, and Coefficient Of Variation of 43918.5 to evaluate company specific risk that cannot be diversified away. Vichitbhan Palmoil holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of 0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vichitbhan Palmoil's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vichitbhan Palmoil is expected to be smaller as well. Use Vichitbhan Palmoil Public standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to analyze future returns on Vichitbhan Palmoil Public.
Auto-correlation | -0.65 |
Very good reverse predictability
Vichitbhan Palmoil Public has very good reverse predictability. Overlapping area represents the amount of predictability between Vichitbhan Palmoil time series from 5th of March 2024 to 18th of July 2024 and 18th of July 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 Vichitbhan Palmoil Public price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Vichitbhan Palmoil price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Vichitbhan Palmoil Public lagged returns against current returns
Autocorrelation, which is Vichitbhan Palmoil 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 Vichitbhan Palmoil's stock expected returns. We can calculate the autocorrelation of Vichitbhan Palmoil returns to help us make a trade decision. For example, suppose you find that Vichitbhan Palmoil 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 |
Vichitbhan Palmoil 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 Vichitbhan Palmoil stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vichitbhan Palmoil stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vichitbhan Palmoil stock over time.
Current vs Lagged Prices |
| Timeline |
Vichitbhan Palmoil Lagged Returns
When evaluating Vichitbhan Palmoil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vichitbhan Palmoil stock have on its future price. Vichitbhan Palmoil 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, Vichitbhan Palmoil autocorrelation shows the relationship between Vichitbhan Palmoil stock current value and its past values and can show if there is a momentum factor associated with investing in Vichitbhan Palmoil Public.
Regressed Prices |
| Timeline |
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Vichitbhan Palmoil financial ratios help investors to determine whether Vichitbhan 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 Vichitbhan with respect to the benefits of owning Vichitbhan Palmoil security.