Assetwise Public (Thailand) Market Value
| ASW Stock | THB 8.00 0.05 0.62% |
| Symbol | Assetwise |
Assetwise 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 Assetwise 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 Assetwise Public.
| 10/24/2024 |
| 12/23/2024 |
If you would invest 0.00 in Assetwise Public on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Assetwise Public or generate 0.0% return on investment in Assetwise Public over 60 days. Assetwise Public is related to or competes with Dhouse Pattana, Index International, Home Pottery, and Villa Kunalai. Asset Wise Public Company Limited develops residential real estate properties in Thailand More
Assetwise 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 Assetwise 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 Assetwise Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.42 | |||
| Information Ratio | 3.0E-4 | |||
| Maximum Drawdown | 5.64 | |||
| Value At Risk | (0.63) | |||
| Potential Upside | 1.27 |
Assetwise Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Assetwise Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Assetwise Public's standard deviation. In reality, there are many statistical measures that can use Assetwise Public historical prices to predict the future Assetwise Public's volatility.| Risk Adjusted Performance | 0.0305 | |||
| Jensen Alpha | 0.0178 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 2.0E-4 | |||
| Treynor Ratio | 0.1067 |
Assetwise Public Backtested Returns
As of now, Assetwise Stock is very steady. Assetwise Public secures Sharpe Ratio (or Efficiency) of 0.0761, which signifies that the company had a 0.0761% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Assetwise Public, which you can use to evaluate the volatility of the firm. Please confirm Assetwise Public's Downside Deviation of 1.42, risk adjusted performance of 0.0305, and Mean Deviation of 0.5328 to double-check if the risk estimate we provide is consistent with the expected return of 0.0546%. Assetwise Public has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Assetwise Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding Assetwise Public is expected to be smaller as well. Assetwise Public right now shows a risk of 0.72%. Please confirm Assetwise Public sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Assetwise Public will be following its price patterns.
Auto-correlation | 0.55 |
Modest predictability
Assetwise Public has modest predictability. Overlapping area represents the amount of predictability between Assetwise Public time series from 24th of October 2024 to 23rd of November 2024 and 23rd of November 2024 to 23rd 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 Assetwise Public price movement. The serial correlation of 0.55 indicates that about 55.0% of current Assetwise Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Assetwise Public lagged returns against current returns
Autocorrelation, which is Assetwise 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 Assetwise Public's stock expected returns. We can calculate the autocorrelation of Assetwise Public returns to help us make a trade decision. For example, suppose you find that Assetwise 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 |
Assetwise 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 Assetwise Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Assetwise Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Assetwise Public stock over time.
Current vs Lagged Prices |
| Timeline |
Assetwise Public Lagged Returns
When evaluating Assetwise Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Assetwise Public stock have on its future price. Assetwise 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, Assetwise Public autocorrelation shows the relationship between Assetwise Public stock current value and its past values and can show if there is a momentum factor associated with investing in Assetwise Public.
Regressed Prices |
| Timeline |
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Assetwise Public financial ratios help investors to determine whether Assetwise 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 Assetwise with respect to the benefits of owning Assetwise Public security.