B GRIMM (Thailand) Market Value
| BGRIM-R Stock | THB 19.30 0.50 2.66% |
| Symbol | BGRIM-R |
B GRIMM '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 B GRIMM'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 B GRIMM.
| 06/28/2024 |
| 12/25/2024 |
If you would invest 0.00 in B GRIMM on June 28, 2024 and sell it all today you would earn a total of 0.00 from holding B GRIMM POWER or generate 0.0% return on investment in B GRIMM over 180 days. B GRIMM is related to or competes with BGrimm Power, Bangkok Dusit, Electricity Generating, and PTT Public. B.Grimm Power Public Company Limited, an energy company, engages in the development, financing, construction, and operat... More
B GRIMM 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 B GRIMM'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 B GRIMM POWER upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 42.87 | |||
| Value At Risk | (3.30) | |||
| Potential Upside | 1.64 |
B GRIMM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for B GRIMM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as B GRIMM's standard deviation. In reality, there are many statistical measures that can use B GRIMM historical prices to predict the future B GRIMM's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.72) | |||
| Total Risk Alpha | (0.99) | |||
| Treynor Ratio | 0.8773 |
B GRIMM POWER Backtested Returns
B GRIMM POWER secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. B GRIMM POWER exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm B GRIMM's mean deviation of 1.65, and Variance of 28.87 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.86, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning B GRIMM are expected to decrease slowly. On the other hand, during market turmoil, B GRIMM is expected to outperform it slightly. At this point, B GRIMM POWER has a negative expected return of -0.8%. Please make sure to confirm B GRIMM's total risk alpha, as well as the relationship between the kurtosis and day typical price , to decide if B GRIMM POWER performance from the past will be repeated sooner or later.
Auto-correlation | -0.93 |
Near perfect reversele predictability
B GRIMM POWER has near perfect reversele predictability. Overlapping area represents the amount of predictability between B GRIMM time series from 28th of June 2024 to 26th of September 2024 and 26th of September 2024 to 25th 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 B GRIMM POWER price movement. The serial correlation of -0.93 indicates that approximately 93.0% of current B GRIMM price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.93 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 54.67 |
B GRIMM POWER lagged returns against current returns
Autocorrelation, which is B GRIMM 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 B GRIMM's stock expected returns. We can calculate the autocorrelation of B GRIMM returns to help us make a trade decision. For example, suppose you find that B GRIMM 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 |
B GRIMM 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 B GRIMM stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if B GRIMM stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in B GRIMM stock over time.
Current vs Lagged Prices |
| Timeline |
B GRIMM Lagged Returns
When evaluating B GRIMM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of B GRIMM stock have on its future price. B GRIMM 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, B GRIMM autocorrelation shows the relationship between B GRIMM stock current value and its past values and can show if there is a momentum factor associated with investing in B GRIMM POWER.
Regressed Prices |
| Timeline |
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When running B GRIMM's price analysis, check to measure B GRIMM's 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 B GRIMM is operating at the current time. Most of B GRIMM's value examination focuses on studying past and present price action to predict the probability of B GRIMM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move B GRIMM's price. Additionally, you may evaluate how the addition of B GRIMM to your portfolios can decrease your overall portfolio volatility.