Bangkok Life (Thailand) Market Value
| BLA-R Stock | THB 21.20 0.32 1.49% |
| Symbol | Bangkok |
Bangkok Life '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 Bangkok Life'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 Bangkok Life.
| 07/20/2023 |
| 12/11/2024 |
If you would invest 0.00 in Bangkok Life on July 20, 2023 and sell it all today you would earn a total of 0.00 from holding Bangkok Life Assurance or generate 0.0% return on investment in Bangkok Life over 510 days. Bangkok Life is related to or competes with K W, Bangkok Sheet, Peerapat Technology, Surapon Foods, Vintcom Technology, and Asia Metal. Bangkok Life Assurance Public Company Limited offer life insurance solutions and services in Thailand. More
Bangkok Life 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 Bangkok Life'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 Bangkok Life Assurance upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 17.21 | |||
| Value At Risk | (0.1) | |||
| Potential Upside | 0.2481 |
Bangkok Life Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bangkok Life's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bangkok Life's standard deviation. In reality, there are many statistical measures that can use Bangkok Life historical prices to predict the future Bangkok Life's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | 1.19 |
Bangkok Life Assurance Backtested Returns
Bangkok Life is out of control given 3 months investment horizon. Bangkok Life Assurance secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have analyzed twenty-three different technical indicators, which can help you to evaluate if expected returns of 14.53% are justified by taking the suggested risk. Use Bangkok Life Risk Adjusted Performance of (0.06), mean deviation of 0.6141, and Standard Deviation of 2.23 to evaluate company specific risk that cannot be diversified away. Bangkok Life holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bangkok Life are expected to decrease at a much lower rate. During the bear market, Bangkok Life is likely to outperform the market. Use Bangkok Life maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to analyze future returns on Bangkok Life.
Auto-correlation | -0.02 |
Very weak reverse predictability
Bangkok Life Assurance has very weak reverse predictability. Overlapping area represents the amount of predictability between Bangkok Life time series from 20th of July 2023 to 31st of March 2024 and 31st of March 2024 to 11th 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 Bangkok Life Assurance price movement. The serial correlation of -0.02 indicates that only 2.0% of current Bangkok Life price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 8.29 |
Bangkok Life Assurance lagged returns against current returns
Autocorrelation, which is Bangkok Life 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 Bangkok Life's stock expected returns. We can calculate the autocorrelation of Bangkok Life returns to help us make a trade decision. For example, suppose you find that Bangkok Life 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 |
Bangkok Life 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 Bangkok Life stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bangkok Life stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bangkok Life stock over time.
Current vs Lagged Prices |
| Timeline |
Bangkok Life Lagged Returns
When evaluating Bangkok Life's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bangkok Life stock have on its future price. Bangkok Life 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, Bangkok Life autocorrelation shows the relationship between Bangkok Life stock current value and its past values and can show if there is a momentum factor associated with investing in Bangkok Life Assurance.
Regressed Prices |
| Timeline |
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Bangkok Life financial ratios help investors to determine whether Bangkok 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 Bangkok with respect to the benefits of owning Bangkok Life security.