Siamgas (Germany) Market Value
| 4QVA Stock | 0.17 0.01 5.56% |
| Symbol | Siamgas |
Siamgas '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 Siamgas' 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 Siamgas.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Siamgas on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Siamgas And Petrochemicals or generate 0.0% return on investment in Siamgas over 720 days. Siamgas is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More
Siamgas 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 Siamgas' 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 Siamgas And Petrochemicals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.18 | |||
| Information Ratio | 0.01 | |||
| Maximum Drawdown | 23.61 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 5.88 |
Siamgas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Siamgas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Siamgas' standard deviation. In reality, there are many statistical measures that can use Siamgas historical prices to predict the future Siamgas' volatility.| Risk Adjusted Performance | 0.0407 | |||
| Jensen Alpha | 0.235 | |||
| Total Risk Alpha | (0.54) | |||
| Sortino Ratio | 0.0059 | |||
| Treynor Ratio | (0.33) |
Siamgas And Petroche Backtested Returns
Currently, Siamgas And Petrochemicals is out of control. Siamgas And Petroche owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0428, which indicates the firm had a 0.0428% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Siamgas And Petrochemicals, which you can use to evaluate the volatility of the company. Please validate Siamgas' Risk Adjusted Performance of 0.0407, coefficient of variation of 2354.64, and Semi Deviation of 3.09 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. Siamgas has a performance score of 3 on a scale of 0 to 100. The entity has a beta of -0.51, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Siamgas are expected to decrease at a much lower rate. During the bear market, Siamgas is likely to outperform the market. Siamgas And Petroche right now has a risk of 4.27%. Please validate Siamgas semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Siamgas will be following its existing price patterns.
Auto-correlation | 0.13 |
Insignificant predictability
Siamgas And Petrochemicals has insignificant predictability. Overlapping area represents the amount of predictability between Siamgas time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Siamgas And Petroche price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Siamgas price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Siamgas And Petroche lagged returns against current returns
Autocorrelation, which is Siamgas 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 Siamgas' stock expected returns. We can calculate the autocorrelation of Siamgas returns to help us make a trade decision. For example, suppose you find that Siamgas 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 |
Siamgas 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 Siamgas stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Siamgas stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Siamgas stock over time.
Current vs Lagged Prices |
| Timeline |
Siamgas Lagged Returns
When evaluating Siamgas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Siamgas stock have on its future price. Siamgas 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, Siamgas autocorrelation shows the relationship between Siamgas stock current value and its past values and can show if there is a momentum factor associated with investing in Siamgas And Petrochemicals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Siamgas Stock Analysis
When running Siamgas' price analysis, check to measure Siamgas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Siamgas is operating at the current time. Most of Siamgas' value examination focuses on studying past and present price action to predict the probability of Siamgas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Siamgas' price. Additionally, you may evaluate how the addition of Siamgas to your portfolios can decrease your overall portfolio volatility.