Wyncoast Industrial (Thailand) Market Value
| WIN Stock | THB 0.41 0.01 2.50% |
| Symbol | Wyncoast |
Wyncoast Industrial '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 Wyncoast Industrial'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 Wyncoast Industrial.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Wyncoast Industrial on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Wyncoast Industrial Park or generate 0.0% return on investment in Wyncoast Industrial over 30 days. Wyncoast Industrial is related to or competes with Land, Bangkok Bank, and Charoen Pokphand. Wyncoast Industrial Park Public Company Limited sells and rents custom duty free zone areas for the commercial and indus... More
Wyncoast Industrial 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 Wyncoast Industrial'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 Wyncoast Industrial Park upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 12.8 | |||
| Value At Risk | (4.76) | |||
| Potential Upside | 3.64 |
Wyncoast Industrial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wyncoast Industrial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wyncoast Industrial's standard deviation. In reality, there are many statistical measures that can use Wyncoast Industrial historical prices to predict the future Wyncoast Industrial's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.76) | |||
| Treynor Ratio | (2.39) |
Wyncoast Industrial Park Backtested Returns
Wyncoast Industrial is out of control given 3 months investment horizon. Wyncoast Industrial Park shows Sharpe Ratio of 0.11, which attests that the company had a 0.11% return per unit of risk over the last 3 months. We were able to interpolate twenty-three different technical indicators, which can help you to evaluate if expected returns of 14.0% are justified by taking the suggested risk. Use Wyncoast Industrial Park Mean Deviation of 1.83, market risk adjusted performance of (2.38), and Standard Deviation of 2.53 to evaluate company specific risk that cannot be diversified away. Wyncoast Industrial holds a performance score of 8 on a scale of zero to a hundred. The firm maintains a market beta of 0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wyncoast Industrial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wyncoast Industrial is expected to be smaller as well. Use Wyncoast Industrial Park maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to analyze future returns on Wyncoast Industrial Park.
Auto-correlation | 0.62 |
Good predictability
Wyncoast Industrial Park has good predictability. Overlapping area represents the amount of predictability between Wyncoast Industrial time series from 31st of October 2024 to 15th of November 2024 and 15th of November 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 Wyncoast Industrial Park price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Wyncoast Industrial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Wyncoast Industrial Park lagged returns against current returns
Autocorrelation, which is Wyncoast Industrial 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 Wyncoast Industrial's stock expected returns. We can calculate the autocorrelation of Wyncoast Industrial returns to help us make a trade decision. For example, suppose you find that Wyncoast Industrial 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 |
Wyncoast Industrial 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 Wyncoast Industrial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wyncoast Industrial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wyncoast Industrial stock over time.
Current vs Lagged Prices |
| Timeline |
Wyncoast Industrial Lagged Returns
When evaluating Wyncoast Industrial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wyncoast Industrial stock have on its future price. Wyncoast Industrial 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, Wyncoast Industrial autocorrelation shows the relationship between Wyncoast Industrial stock current value and its past values and can show if there is a momentum factor associated with investing in Wyncoast Industrial Park.
Regressed Prices |
| Timeline |
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Wyncoast Industrial financial ratios help investors to determine whether Wyncoast 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 Wyncoast with respect to the benefits of owning Wyncoast Industrial security.