BEC World (Thailand) Market Value
| BEC Stock | THB 3.88 0.10 2.51% |
| Symbol | BEC |
BEC World '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 BEC World'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 BEC World.
| 10/16/2024 |
| 12/15/2024 |
If you would invest 0.00 in BEC World on October 16, 2024 and sell it all today you would earn a total of 0.00 from holding BEC World Public or generate 0.0% return on investment in BEC World over 60 days. BEC World is related to or competes with Land, AP Public, Bangkok Bank, Charoen Pokphand, and Hana Microelectronics. BEC World Public Company Limited, together with its subsidiaries, engages in the entertainment and recreation activities... More
BEC World 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 BEC World'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 BEC World Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 9.51 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 2.58 |
BEC World Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BEC World's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BEC World's standard deviation. In reality, there are many statistical measures that can use BEC World historical prices to predict the future BEC World's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.82) |
BEC World Public Backtested Returns
BEC World Public retains Efficiency (Sharpe Ratio) of -0.0726, which signifies that the company had a -0.0726% return per unit of risk over the last 3 months. BEC World exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BEC World's variance of 2.25, and Market Risk Adjusted Performance of (0.81) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BEC World's returns are expected to increase less than the market. However, during the bear market, the loss of holding BEC World is expected to be smaller as well. At this point, BEC World Public has a negative expected return of -0.11%. Please make sure to confirm BEC World's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if BEC World Public performance from the past will be repeated at some future date.
Auto-correlation | -0.16 |
Insignificant reverse predictability
BEC World Public has insignificant reverse predictability. Overlapping area represents the amount of predictability between BEC World time series from 16th of October 2024 to 15th of November 2024 and 15th of November 2024 to 15th 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 BEC World Public price movement. The serial correlation of -0.16 indicates that over 16.0% of current BEC World price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
BEC World Public lagged returns against current returns
Autocorrelation, which is BEC World 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 BEC World's stock expected returns. We can calculate the autocorrelation of BEC World returns to help us make a trade decision. For example, suppose you find that BEC World 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 |
BEC World 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 BEC World stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BEC World stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BEC World stock over time.
Current vs Lagged Prices |
| Timeline |
BEC World Lagged Returns
When evaluating BEC World's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BEC World stock have on its future price. BEC World 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, BEC World autocorrelation shows the relationship between BEC World stock current value and its past values and can show if there is a momentum factor associated with investing in BEC World Public.
Regressed Prices |
| Timeline |
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BEC World financial ratios help investors to determine whether BEC 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 BEC with respect to the benefits of owning BEC World security.