Betagro PCL (Thailand) Market Value
| BTG Stock | 18.70 0.10 0.54% |
| Symbol | Betagro |
Betagro PCL '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 Betagro PCL'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 Betagro PCL.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in Betagro PCL on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Betagro PCL or generate 0.0% return on investment in Betagro PCL over 30 days.
Betagro PCL 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 Betagro PCL'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 Betagro PCL upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 5.97 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 2.71 |
Betagro PCL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Betagro PCL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Betagro PCL's standard deviation. In reality, there are many statistical measures that can use Betagro PCL historical prices to predict the future Betagro PCL's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.73) |
Betagro PCL Backtested Returns
Betagro PCL secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the company had a -0.2% return per unit of risk over the last 3 months. Betagro PCL exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Betagro PCL's Mean Deviation of 1.16, standard deviation of 1.48, and Risk Adjusted Performance of (0.16) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.42, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Betagro PCL's returns are expected to increase less than the market. However, during the bear market, the loss of holding Betagro PCL is expected to be smaller as well. At this point, Betagro PCL has a negative expected return of -0.29%. Please make sure to confirm Betagro PCL's potential upside, kurtosis, and the relationship between the maximum drawdown and skewness , to decide if Betagro PCL performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Betagro PCL has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Betagro PCL time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 Betagro PCL price movement. The serial correlation of -0.78 indicates that around 78.0% of current Betagro PCL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Betagro PCL lagged returns against current returns
Autocorrelation, which is Betagro PCL 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 Betagro PCL's stock expected returns. We can calculate the autocorrelation of Betagro PCL returns to help us make a trade decision. For example, suppose you find that Betagro PCL 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 |
Betagro PCL 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 Betagro PCL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Betagro PCL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Betagro PCL stock over time.
Current vs Lagged Prices |
| Timeline |
Betagro PCL Lagged Returns
When evaluating Betagro PCL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Betagro PCL stock have on its future price. Betagro PCL 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, Betagro PCL autocorrelation shows the relationship between Betagro PCL stock current value and its past values and can show if there is a momentum factor associated with investing in Betagro PCL.
Regressed Prices |
| Timeline |
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