WHA Public (Thailand) Market Value
| WHA-R Stock | THB 5.75 0.10 1.71% |
| Symbol | WHA |
WHA 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 WHA 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 WHA Public.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in WHA Public on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding WHA Public or generate 0.0% return on investment in WHA Public over 30 days. WHA Public is related to or competes with WHA Public, Thai Union, Amata Public, and Siam Cement. WHA Corporationration Public Company Limited, together with its subsidiaries, develops, rents, and leases warehouses, distribution centers, factories, and other properties in Thailand. More
WHA 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 WHA 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 WHA Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0164 | |||
| Maximum Drawdown | 16.7 | |||
| Value At Risk | (1.38) | |||
| Potential Upside | 2.09 |
WHA Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for WHA Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as WHA Public's standard deviation. In reality, there are many statistical measures that can use WHA Public historical prices to predict the future WHA Public's volatility.| Risk Adjusted Performance | 0.0597 | |||
| Jensen Alpha | 0.1437 | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 2.68 |
WHA Public Backtested Returns
WHA Public is out of control given 3 months investment horizon. WHA Public retains Efficiency (Sharpe Ratio) of 0.12, which attests that the company had a 0.12% return per unit of volatility over the last 3 months. We have analyzed twenty-four different technical indicators, which can help you to evaluate if expected returns of 15.05% are justified by taking the suggested risk. Use WHA Public Market Risk Adjusted Performance of 2.69, information ratio of 0.0164, and Mean Deviation of 0.6993 to evaluate company specific risk that cannot be diversified away. WHA Public holds a performance score of 9 on a scale of zero to a hundred. The firm owns a Beta (Systematic Risk) of 0.056, which attests to not very significant fluctuations relative to the market. As returns on the market increase, WHA Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding WHA Public is expected to be smaller as well. Use WHA Public skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to analyze future returns on WHA Public.
Auto-correlation | 0.65 |
Good predictability
WHA Public has good predictability. Overlapping area represents the amount of predictability between WHA Public time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 WHA Public price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current WHA Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
WHA Public lagged returns against current returns
Autocorrelation, which is WHA 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 WHA Public's stock expected returns. We can calculate the autocorrelation of WHA Public returns to help us make a trade decision. For example, suppose you find that WHA 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 |
WHA 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 WHA Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if WHA Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in WHA Public stock over time.
Current vs Lagged Prices |
| Timeline |
WHA Public Lagged Returns
When evaluating WHA Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of WHA Public stock have on its future price. WHA 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, WHA Public autocorrelation shows the relationship between WHA Public stock current value and its past values and can show if there is a momentum factor associated with investing in WHA Public.
Regressed Prices |
| Timeline |
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WHA Public financial ratios help investors to determine whether WHA 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 WHA with respect to the benefits of owning WHA Public security.