BGrimm Power (Thailand) Market Value
| BGRIM Stock | THB 21.00 0.30 1.45% |
| Symbol | BGrimm |
BGrimm Power '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 BGrimm Power'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 BGrimm Power.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in BGrimm Power on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding BGrimm Power Public or generate 0.0% return on investment in BGrimm Power over 30 days. BGrimm Power is related to or competes with Energy Absolute, CP ALL, and PTT Public. B.Grimm Power Public Company Limited, an energy company, engages in the development, financing, construction, and operat... More
BGrimm Power 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 BGrimm Power'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 BGrimm Power Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.72 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 7.99 | |||
| Value At Risk | (2.84) | |||
| Potential Upside | 3.72 |
BGrimm Power Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BGrimm Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BGrimm Power's standard deviation. In reality, there are many statistical measures that can use BGrimm Power historical prices to predict the future BGrimm Power's volatility.| Risk Adjusted Performance | 0.0186 | |||
| Jensen Alpha | 0.0221 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (1.10) |
BGrimm Power Public Backtested Returns
At this point, BGrimm Power is very steady. BGrimm Power Public secures Sharpe Ratio (or Efficiency) of 0.0429, which signifies that the company had a 0.0429% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for BGrimm Power Public, which you can use to evaluate the volatility of the firm. Please confirm BGrimm Power's Mean Deviation of 1.32, risk adjusted performance of 0.0186, and Downside Deviation of 1.72 to double-check if the risk estimate we provide is consistent with the expected return of 0.0761%. BGrimm Power has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.018, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BGrimm Power are expected to decrease at a much lower rate. During the bear market, BGrimm Power is likely to outperform the market. BGrimm Power Public presently shows a risk of 1.78%. Please confirm BGrimm Power Public expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if BGrimm Power Public will be following its price patterns.
Auto-correlation | -0.43 |
Modest reverse predictability
BGrimm Power Public has modest reverse predictability. Overlapping area represents the amount of predictability between BGrimm Power time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 BGrimm Power Public price movement. The serial correlation of -0.43 indicates that just about 43.0% of current BGrimm Power price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
BGrimm Power Public lagged returns against current returns
Autocorrelation, which is BGrimm Power 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 BGrimm Power's stock expected returns. We can calculate the autocorrelation of BGrimm Power returns to help us make a trade decision. For example, suppose you find that BGrimm Power 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 |
BGrimm Power 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 BGrimm Power stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BGrimm Power stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BGrimm Power stock over time.
Current vs Lagged Prices |
| Timeline |
BGrimm Power Lagged Returns
When evaluating BGrimm Power's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BGrimm Power stock have on its future price. BGrimm Power 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, BGrimm Power autocorrelation shows the relationship between BGrimm Power stock current value and its past values and can show if there is a momentum factor associated with investing in BGrimm Power Public.
Regressed Prices |
| Timeline |
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BGrimm Power financial ratios help investors to determine whether BGrimm 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 BGrimm with respect to the benefits of owning BGrimm Power security.